RATE Group | Will Ethereum Reach Serenity This Year?
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Will Ethereum Reach Serenity This Year?

13 Jan Will Ethereum Reach Serenity This Year?

Posted at 16:06h in Ethereum News by

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Will Ethereum Reach Serenity This Year? 101
Source: iStock/jpgfactory

Ethereum 2.0 will launch by the end of 2020, estimates Andrew Keys, a managing partner at investment firm Darma Capital and one of the first employees at Ethereum application developer ConsenSys. Meanwhile, the Ethereum 2.0 Phase 0 that will be the base for the multi-client testnet is already out.

Ethereum’s major network upgrade, Ethereum 2.0 (a.k.a. Serenity), should be rolled out in phases and will bring with it sharding, proof-of-stake (PoS), and a new virtual machine among other things

“Proof of Stake Ethereum exists. It’s alive! The roadmap to Serenity is in full effect. 2020 will see Ethereum move stridently beyond Phase 0 of Ethereum 2.0, onto Phase 1 and the launch of shard chains. Then, it’s game on,” writes Keys in his blog post.

As a reminder, the network went through Istanbul as its last upgrade as Ethereum 1.0, with the unplanned addition of the Muir Glacier update. Istanbul itself changed the underlying Ethereum protocol and…

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