Prefect 2.0 refers to the 2.x lineage of the open source prefect package, and Prefect 3.0 refers exclusively to the 3.x lineage of the prefect package. Neither version is strictly tied to any aspect of Prefect’s commercial product, Prefect Cloud.
What's new in Prefect 3.0
Prefect 3.0 introduces a number of enhancements to the OSS product: a new events & automations backend for event-driven workflows and observability, improved runtime performance, autonomous task execution and a streamlined caching layer based on transactional semantics.
Most Prefect 2.0 users can upgrade without changes to their existing workflows. Please review the upgrade guide for more information.