news

bitcoin

1 X bitcoin bitcoin =

Friday

23 October 2020

It’s Time to Launch the Ethereum 2.0 Beacon Chain - CoinDesk

It’s Time to Launch the Ethereum 2.0 Beacon Chain - CoinDesk


smart summary beta

It’s Time to Launch the Ethereum 2.0 Beacon Chain.

Named after Medalla Milagrosa on the Buenos Aires Underground, it has been running for over two months, with four different client implementations involved throughout that time.

Four high-quality, audited and battle-tested clients are currently available to run at beacon chain launch: Teku, Lighthouse, Nimbus and Prysm.

We have tested everything else in every way we can: the deposit contract has been formally verified; the deposit tools have been audited; the specification has been audited; the beacon chain has been formally modeled; the node discovery protocol has been audited; the networking protocol has been audited; the crypto-economics have been simulated; we are running incentivized attack nets; we’ve been doing fuzz testing; every client has undergone at least one third-party security audit.

The Ethereum 2.0 roadmap has been carefully divided into phases so that we can try out this new, ambitious proof-of-stake mechanism in isolation, in phase 0, before anything else depends on it. .

However, that ether will remain stuck on the beacon chain until Phase 1.5 of the Eth 2.0 roadmap has been delivered. 

As for me, I’ve been involved in Ethereum 2.0 long enough, and followed it closely enough, that I believe I know where all the bodies are buried

I am confident enough in the integrity and security of what we have built, and the teams that have built it, that my household plans to be staking on the beacon chain from day one. 

Goto Full Article

bitcoin bitcoin price

$9106.76

24h

Live Average

bitcoin

News Article Sentiment

negative

Score (-0.1)

Article Metadata

author

site

coindesk.com
Market data feeds provided by cryptocompare.com
bitsmart 2018