Ethereum 2.0 Roadmap Unveiled By The ETH Founder

The new Ethereum 2.0 roadmap for the next ten years was finally revealed by Vitalik Buterin himself as he expects a lot of progress for the coin in the future. In our ETH price news, we are reading more about the roadmap.

Vitalik was praised for being cool, and some of the community claimed that he had the needed virtues that are much needed for a top-level developer since, during the crypto market crash, he was the only one that worked tirelessly on his project. As a founder of the Ethereum Foundation, he published every single detail on the Ethereum 2.0 roadmap and development for the next ten years.

The scheme announced by Vitalik seems to be extraordinarily sophisticated, and many of his followers said they had a hard time understanding. He also noted that the roadmap represents only his view on how the Ethereum network will be developed in the future. According to the roadmap, Ethereum 2.0 initial stage development or Phase 0 will include re-consideration of some of the 1.0 versions’ elements, including client synchronization, gas prices, fees, and other policies. As a result, the light Ethereum 2.0 client will be easily integrated into the 1.0 version.

After the Phase 0 launch, the roadmap will be subject to audits and other tests, so once they get all of the trials and specifications updated, the ETH1 to ETH2 movement will finally happen, and the merge will erase the Proof of Work consensus. Vitalik Buterin outlined that this roadmap is the product of in-depth analysis and research, which allowed Ethereum to create a perfect design for the future network. Also, a lot more efforts were made to ensure a smooth transition for the decentralized application infrastructure.

The network has many more capabilities and limits of proof of stake, models of sharding, security upgrades, and more. Thanks to the hard work of the developers, the final product is expected to be amazing. The scheme, however, is not conclusive since the team behind the Ethereum network, as per the Ethereum price news, aims to reduce the complexity of the parts. According to a different analysis, the launch of Ethereum 2.0 could happen somewhere in the middle of 2020.