At the Devcon4 conference in Prague, Ethereum founder Vitalik Buterin presented a roadmap for the future seamless Ethereum 2.0 concept, which he said, «not so far».
The next version of the platform will combine several important projects at once, on which the team has been working since 2014. Buterin said Ethereum 2.0 will be a combination of many features that developers have studied, created and weaved into a coherent whole..
Decentralizing Everything with Ethereum’s Vitalik Buterin | Disrupt SF 2017
The most important components of the future Serenity phase will be the transition to a proof-of-stake algorithm known as Casper. It will also integrate a second tier sharding solution that will scale up to handle thousands of transactions per second, improved platform virtual machine and other protocol enhancements..
After the upcoming global update of Constantinople was pushed back to January 2019, users and analysts began to actively discuss the timing of the promised technological superiority of the network. However, Vitalik Buterin says that they do not want to rush to make sure that all innovations work correctly and stably. Ethereum 2.0 will test at least two protocol variations during testing.
Although the founder of the platform did not voice the approximate time frame for the Serenity stage, he said that he «not so far». In addition, during the conference, one of the developers proposed a new model for ICO, which should protect investors from fraud..
While developers are improving the technical aspects of the functioning of virtual currencies, the financial system is gradually getting used to them. In a recent Morgan Stanley report, analysts at a banking holding company recognized cryptocurrency as an institutional asset class.
text: Ivan Malichenko, photo: ethereumworldnews, video: Better DOT