Blockchain’s split: Ethereum vs. Ethereum Classic—evolution, ideology, and future pathways.

Ethereum 2.0 isn’t a replacement for the Ethereum we know today, rather it is a systemic upgrade within the blockchain network. The execution layer of the Ethereum network we know today will remain exactly the same while only the consensus layer will be transitioned from the PoW based one to the PoS based one during the upcoming Ethereum Merge.

Decentralized Finance is a new financial terrain where investors from all around the world explore different financial solutions to check the best fit for their financial needs or goals. DeFi applications are built on open source peer to peer networks that offer  good TPS –  transaction per second speed, decentralization (for easy traceability of funds) and security. 

Web3.0 is the third generation of the world wide web. The first web emerged in the 1990s as a read only web. The second generation of web is partially decentralized and users can read, write, upload and download content. In Web3.0 users will be able to read, write, upload, download content. The major difference between web2 and web3 is that users will own their content and have full control over it.