The Ethereum development team had an Ask Me Anything session about what is Ethereum 2.0 and Serenity and they answered some of the most burning questions about it in addition to a few general themes such as Proof of Stake as we are about to read in the Ethereum news today.
This was not the first AMA session since the first one happened six months ago and the second one, one year ago but there were no groundbreaking changes happening since them. The team is making sure steps towards solving the scalability issue for Ethereum. Answering these questions on what is ethereum doing with the 2.0, the team generally said that most features remained the same.
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They are however committed to the earlier 0.8 serenity specification but this later changes as 1.0 were revealed. Danny Ryan from the Ethereum foundation stated:
“Feature-wise not a lot has changed since June, but it was a little too early to commit to the freeze fully. Since then the primary changes to the BeaconChain have been for the better; avoid invalid placeholder specs for phase1, move unnecessary complexity (e.g. some early optimizations for light clients) to phase1 when we actually need it, and polish what is there.”
Most of the community members were worried about the deadline for the first step in Ethereum 2.0 phase 0 which would have introduced the beacon chain and the proof of stake validation. Justin Drake from the Ethereum development team explained that most of the steps remaining are audits of the existing code. The deposit user interface will still be undergoing a few audits and changes while the deposit contract that will be handling the staking funds is about to be launched.
Ethereum 2.0 clients are being developed at the same time but they still have to work on production quality. The testing procedure will happen in three months as well but he noted that these are not exact estimates. Drake continued:
“I’m hoping we can launch by July 30, 2020 (the 5th anniversary of Ethereum 1.0). I think it’s unlikely we will launch in Q1 or Q2 2020 especially if we want three clients to be production-ready for launch.”
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