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05 December 2020

Ethereum 2.0 Guide: Everything you need to know about ETH2 - launch phases, rewards, deposits, VMs, and testnets debunked | CryptoSlate

Ethereum 2.0 Guide: Everything you need to know about ETH2 - launch phases, rewards, deposits, VMs, and testnets debunked | CryptoSlate


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With relatively high confidence, the team revealed that Ethereum 2.0 will be delivered in this order:.

After much back and forth with the community, a member of the team noted that they were still experimenting with new names and terminology for the various phases of launch.

And while the first several answers that came from the team delivered rather formal information, as the AMA went on they began hitting some of the harder questions.

What they did note was that most of the problems they expect to encounter will come from the practical, or execution side of things.

a SNARK-friendly alternative to EVM, he noted that there were significant open problems at the intersection of research and engineering for an Eth2 zkVM.

A member of the team revealed that he wasn’t certain whether Ethereum WebAssembly (eWASM) will ever make it to the mainnet.

Aside from that, he noted that the research team already has a lot on its plate and switching the VM has a far lower benefit than “pretty much any other piece of comparable difficulty in the proof-of-stake and sharding roadmap.

Execution environments most likely won’t require too much work, as the team said that rollup VM is a good enough substitute for EEs both in the medium-term and in the long-term.

Therefore, they’re largely out of the remit of both the Ethereum Foundation and any other research team focused on Eth2.

Concrete launch dates tend to be something that the crypto community is very passionate about, so it comes as no surprise that a significant number of questions directed at Ethereum’s research team were about the Eth2 launch timeline.

However, the team did do their best at estimating when most of the phases will roll out, revealing to the community that it will, quite literally, take years before Eth2 is fully done.

He said that it was largely the community’s decision, not his or the Ethereum Foundation’s, which means that it’s a tougher decision that will take a lot more time.

Until most of them are convinced that it’s safe to make the full switch to Eth2 the merge won’t happen, he said.

However, the team said that they aren’t currently considering prioritizing the merge over sharding but are working on a bridge that will also take a bit of time to roll out.

The Ethereum Foundation researcher explained that, at the very least, Eth1 nodes need to follow the finalized epochs from Eth2.

No one from the Ethereum Foundation seems to believe that this will be enough to allow a global-scale audience to make too many transactions

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