Project Background
With the development of Ethereum over the years, it currently has the most robust ecosystem in the crypto world. According to the on-chain data, the total value locked (TVL) in Ethereum was over a trillion USDT at one point, but with the expansion of the ecosystem, Ethereum has to face the problem of scaling. The upcoming upgrade of ETH2.0, also known as serenity, which is the first upgrade to the existing Ethereum classic blockchain, aims to improve the speed, efficiency, and scalability of the Ethereum network while improving security and making the network more sustainable.
Proof-of-Stake (hereinafter referred to as POS) is the consensus mechanism of ETH2.0, and the nodes are called validators, which verify ongoing transactions. In Proof of Stake, transactions are verified by validators rather than miners. POS is more energy efficient than PoW (Proof of Work) because securing the blockchain with POS uses less computing power to create blocks.
In the Ethereum consensus layer, the most critical point of the ETH2.0 upgrade is that Ethereum is moving off of proof-of-work (PoW) to proof-of-stake (POS) because it is more secure, less energy-intensive, and better for implementing new scaling solutions. This means that the entire economic chain formed by the POW will be broken, resulting in an ecosystem dominated by POS economies. And the economic chain of mining pools, mining machines, and mining machine chips will turn to the stake economic chain of ETH holders. With the upgrade of Ethereum 2.0, a new ecosystem is about to be born.
Unamano Upgrade
As blockchain technology advances at an unprecedented pace, Meme tokens have evolved from mere jokes to a significant market force. However, this sector continues to face several challenges: the quality of projects is highly inconsistent, speculation runs rampant, and investors often struggle to identify high-quality projects, which exposes them to high-risk investment environments.
In light of this, Unamano is planning a major functional upgrade to its existing EVM platform. The upgrade will integrate new Binance Smart Chain (BSC) capabilities to expand the platform’s range of functionalities, increase user engagement, and offer more opportunities for project participation. By implementing flexible staking periods and reward mechanisms, Unamano will attract more project teams to issue and promote their tokens on the platform, significantly boosting Unamano's market competitiveness.
Additionally, Unamano will form a deep partnership with the largest liquidity meme project on BSC, WHY, providing WHY holders with more rights and incentives, and fostering the growth of both projects. This collaboration and Unamano's upgrades will contribute to the platform’s ability to support a broader array of projects and expand its ecosystem in the rapidly evolving crypto space.
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