Ethereum 2.0 Explained in 4 Easy Metrics – CoinDesk – Coindesk

Ethereum 2.0 Explained in 4 Easy Metrics - CoinDesk - Coindesk

With the launch of every new blockchain comes a new block explorer website to understand. 

Block explorer sites offer real-time updates on network activity. Normally, they feature information on blocks, transactions and fees. On Ethereum 2.0, the block explorers depict a very different array of metrics involving epochs, slots and attestations. 

But even for those familiar with the usual Ethereum explorers such as Etherscan, Etherchain and Blockchair, the new sites for tracking Eth 2.0 activity may be difficult to decipher. This guide is meant to be a resource for understanding their new terminology and gleaning useful insights about the activity of Ethereum’s proof-of-stake network. 

For anyone unfamiliar with blockchain explorers in general, this guide will go over the basic details of reading an Ethereum 2.0 blockchain explorer. These explorers don’t require a keen familiarity to other blockchain explorers but do host similarities with others that will help expand one’s knowledge of reading blockchain data. 

See also: Ethereum 2.0 Beacon Chain Goes Live

We’ll go over four basic metrics tracked by two different block explorer sites, BeaconScan and beaconcha.in. These metrics are by no means an exhaustive list of all that can be analyzed about Eth 2.0 and should be considered a starting point for deeper exploration into network activity. 

Epochs progressed

Snapshot of the Ethereum 2.0 network on Jan. 7, 2020, at 19:37 UTC
Source: BeaconScan

Unlike Bitcoin and Ethereum, Ethereum 2.0 progresses in epochs,
Source…

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