ETH2.0 Debunking The Myth: Is ETH 2.0 A Hard Fork Indeed, the network upgrade is being implemented as a separate chain (the Beacon chain). However, rather than forking the blockchain, the protocol will migrate ETH 1.0 contracts and accounts to one of the 64 shard chains on ETH 2.0.
Blockchain Technology Hard fork Vs. Soft fork A fork occurs every time a community modifies the blockchain's protocol or the entire set of guidelines. A hard fork typically creates a new cryptocurrency that uses the same payment system. A soft fork is essentially an upgrade to the blockchain's software.
