The public MainNet has a network ID of 1, but since Ethereum has a very active community backing it, there are various updates and upgrades happening to the Ethereum blockchain; primarily, there are four stages of the Ethereum network; let's discuss each of them in detail:
- Frontier: This is the first official public main network; it was launched in mid-2015.
- Homestead: This was one of the major upgrades in March 2016.
- Metropolis: This upgrade stage will be bringing a lot of upgrades to the Ethereum blockchain. This upgrade will be implemented by a hard fork and is divided into two phases, Byzantium and Constantinople.
- Serenity: This release of Ethereum will move the consensus from PoW to Proof of Stake (PoS). This is essentially being introduced to reduce the power consumption of the Ethereum network.