The Resilient Journey of Ethereum

2020 was a rollercoaster ride for Ethereum, the wild cousin of the crypto family. With the highs thanks to Ethereum 2.0 and the lows from congestion chaos, the year was nothing if not memorable. As our spirited Ethereum faces off against the wise elder, Bitcoin, let’s jump into the major events that defined this year.

The Grand Entrance: Ethereum 2.0

The highlight of the year was undoubtedly the launch of Ethereum 2.0. This anticipated upgrade promised to revolutionize the network with its move from proof-of-work (akin to a never-ending game of chess with the neighbor’s cat) to proof-of-stake. The Beacon Chain, the first step towards this transformation, was launched on December 1, signaling the dawn of a new Ethereum era. With a successful testnet rollout, developers were eager to throw a celebratory blockchain bash – but spare us the party hats.

DeFi: The King of Shadows

The rise of decentralized finance (DeFi) was a Marvel movie we never saw coming. In the