Co-Founder of Ethereum, Vitalik Buterin is in our ethereum news today where he explained his stance on Ethereum 2.0 in a presentation at Devcon4 conference in Prague.
“Ethereum 2.0 is […] a combination of a bunch of different features that we’ve been talking about for several years, researching for several years, actively building for several years that are finally about to come together in one cohesive whole,” Buterin said on the conference.
Many of the ethereum users and analysts have discussed the huge potential of the network’s upgrades and how the updates will tighten up the technical abilities.
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Before the launch, the developers will make some final assessments such as stabilizing the protocol specifications and a new testnet that integrates at least two implementations of the new Ethereum 2.0.
He continued to explain how the additional testing is important because this way all the developers have the previous knowledge from Etheruem 1.0 and now what to focus on for the new launch. This is when he noted that the launch is ‘’really not so far away’’ and that this vision will soon become reality.
While speaking on the tech conference Devcon4 on 31st of October, Buterin introduced a new model for Initial Coin Offerings which he strongly believes will bring bigger and better protection for investors from potential frauds.
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