Pre-Release Of Ethereum 2.0 Is ‘’Approaching Stable’’

Ethereum has successfully launched its first pre-release zero phases towards the Ethereum 2.0 according to a published post on GitHub and we are excited to find out how it went in today’s ethereum news.

The first release is just one in a series of weekly releases that will continue to go on through February and according to the post ‘’Phase 0 in v0.1 is relatively feature complete and approaching stable.’’

Ethereum 2.0 is known as Serenity and it is planned to be the final upgrade to the network since the entire network switches from a proof-of-work protocol to a proof-of-stake consensus algorithm and hopes to solve fundamental issues such as security, scalability and economic finality.

Serenity is the first of the four stages that are set out in the roadmap of the platform. Currently, the network is in its third stage that consists of two hard forks- Byzantium and Constantinople both of which aim to create a clear track for Ethereum 2.0.

There are other PoS solutions that are planned for Ethereum 2.0 such as the sharding scalability featured that aims to split transactions between smaller groups of nodes in order to increase the speed of the network and the blockchain’s throughput.

After the first pre-release, another testnet known as the ‘’Gorli’’ will serve as a trial key sharding client known as Prysm especially meant for Serenity. The testnet is a simulated version of how the primary network will look like and they are able to try smart contracts without having to pay fees for their execution.