However, it still consumed much electricity power which leaves a large carbon footprint. As a result, the transition to Ethereum 2.0 denotes the shift to a proof-of-stake consensus algorithm. By default, Ethereum uses the Proof-of-Work consensus mechanism, but the network is slowly migrating to a Proof-of-Stake as part of its Ethereum 2.0 upgrade. The Ethereum 2.0 upgrade started in December of 2020 with the launch of the Beacon Chain. The ETH community supported this upgrade by staking 1 million ETH in the first week alone. Just when you thought you had your head around bitcoin, along comes Ethereum. The Metaverse Group is betting that with its portfolio of digital land,…