Good job, you read #1 and you're here for more!

So, we're living in the final 'frontier' (that's an Ethereum joke... if you don't get it, go back to part one) of phase 3 Ethereum.

Just wanna say, if you were from 1994, what on earth would that sentence mean to you?

Ethereum has launched, has a working network, won't let you steal stuff from it, and it's faster, cheaper, and people can make tokens using it.

So, there's nothing to get all snarky about. Or, IS there?

Welcome to acronym central, where DJ Snarky-Snarks is serving you an hour of uninterrupted vinyl classics like 'succinct non-interactive arguments of knowledge' - yeah... snarks. LOL! Actually, they are "ZK" snarks, meaning they take 'zero knowledge'. What this means is that the necessary approval comes from proof, and proof comes from Z.K.SnarkySnarks, that shifty zero-knowledge guy that doesn't hafta show you any documentation because he's a sovereign token citizen and he ain't gotta prove nuttin' to nobody. Get real... ETH does verification on the blockchain without giving up public details of what was verified. That makes for contracts that are smart, and secure, and make a good thing out of being snarky. Got it? Got it!

As we get closer to the "what comes next" part of this ETH-TeleNovela, we see more details that sound like Bitcoin, but better. Truthfully, ETH is Bitcoin but different, and in some cases, smarter. In this particular case, ETH deals with many of the same headaches as Bitcoin, largely with privacy, scaling, safety and speed. Perhaps the biggest deal, though is that ETH is totally the bomb. Or, I should say, the mining bomb. ETH, like Bitcoin, has built-in value that reduces what people earn for mining, so that as circulation builds volume, the volume builds value. It is a clever economic instrument that we are just now living in the proof-of-theory. Will human nature things happen in the digital realm? Some think yes, most think... about other libertarian stuff, but, like just wanna HODL (hold on for dear life). HO4DL oh yeah!

Like all good things crypto, ETH 2.0 has been delayed for a long time. In fact, what was supposed to happen in the dark ages, also known as 2018, is still getting delayed in 2019. OMGoodness I'm gonna splode! Don't worry, Vitalik is a smart guy, and if he isn't rushing it, he has a good reason. 

So, now we have to go through 4 full stages of ETH 2.0. You know, 2.0 is the 4th and final stage of ETH's 4 phase plan, and now there are 4 stages inside of that. Get it? Got it? Goooood.

Part three, we're gonna break those 4 things down.

See you next time on ETH 2.0 - the telenovela