The Ethereum news today show that someone just anonymously shared a new Ethereum 2.0 concept with a scaling solution via a Medium post. Currently, as the world awaits the Ethereum (ETH 2.0) staking implementation, a person operating under the pseudonym “heyheeyheeey” posted a Medium article where he published the solution based on the protocol.
Basically, this concept is a design for the new Ethereum 2.0 and an ETH2 staking solution on top of Argent, that is fast and simple to use so that users with less time, knowledge or skills can join from the beginning,” as the author wrote on June 2. Argent is a crypto wallet solution with elements of decentralized finance, or DeFi compatibility.
This is obviously one of the biggest topics of discussion in the cryptocurrency news in 2020, mostly because the new Ethereum 2.0 will act as an upgrade to the Ethereum network, aimed at scalability. Furthermore, the upgrade will bring Proof-of-Stake (PoS) consensus calling on asset holders, called stakers, for validating the network instead of miners.
Recent comments from the ETH 2.0 testnet coordinator Afri Schoedon have yield no firm launch date for the endeavor. The Medium author has a pseudonymous name and said that he did not receive any compensation for his ETH 2.0 contribution.
— vitalik.eth (@VitalikButerin) December 5, 2019
As he said while explaining the new Ethereum concept, the author comes from a place of simplicity, looking to make things easier for the public. “Staking is coming to Ethereum soon but it’s only for technical users and requires a large amount of Ether,” heyheeyheeey said when he referred to the asset holding prerequisite for network staking.
“Argent is one of the go-to wallets for ‘beginner’ users and could bridge the gap,” the author added.
Oddly, the author only has 17 Medium followers right now and this article on the new Ethereum concept appears to be his first post on the publishing website.
Anyways, we can see that ETH 2.0 is seeing significant crypto media coverage as of lately. Some industry participants are looking at the event as the most bullish catalyst for the crypto market as a whole (and not only Ether).
We will try to reach the author on Medium in order to get additional details.
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