Ethereum 2.0 Will Come in 2020, According to ConsenSys Co-Founder

gepubliceerd op by Cointele | gepubliceerd op

Ethereum's Serenity will launch by the end of this year, according to ConsenSys Co-founder Andrew Keys.

According to the executive, "2020 will see Ethereum move stridently beyond Phase 0 of Ethereum 2.0, onto Phase 1 and the launch of shard chains."

While Serenity continues development, Keys believes that layer two solutions "Will turbocharge Ethereum" and bring it "Towards 2.0 levels of scalability at layer one."

The state of layer-two technologyThe recent Istanbul hard fork was the last stage in Ethereum 1.0, introducing several improvements and adjustments.

Some of the core Ethereum Improvement Proposals that went into the upgrade were closely related to Zcash.

Aztec Protocol aims to introduce confidential transactions within the Ethereum blockchain by using SNARK zero-knowledge technology - the same powering Zcash shielded transactions.

"Plasma is this class of technologies that enable you to have less decentralized platforms sitting at layer two in the Ethereum ecosystem. They can benefit from the full trust in some cases - sometimes they benefit from partial trust - but if they're linked in really rigorously, they can benefit from the full trust of the base trust layer, and you can get the best of both worlds."

"No. We will see COSMOS maturing, Polkadot launching maybe, and Ethereum 2.0 finally taking shape. But we are still far away from viable solutions that would work in production."

Serenity roadmapThough Istanbul was the last step before the introduction of Ethereum 2.0 technology, it is unclear when the next stages will be implemented.

Cointelegraph sought out comments on the roadmap from the Ethereum Foundation's press team, but did not receive a response at publication.

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