Ethereum 2.0’s Phase Zero to Launch in January 2020?

Ethereum 2.0’s Phase Zero to Launch in January 2020?



Ethereum 2.0’s Phase Zero to Launch in January 2020?

The much-anticipated and much-vaunted new-look Ethereum, known as Ethereum 2.0, could see its latest blockchain iteration launched partially as soon as January next year. This revelation was made by Ethereum Foundation researcher Justin Drake during the last bi-weekly coordination call.

This bi-weekly event is held between developers, who raised the date when discussing that the first iteration codenamed Phase Zero had its code freeze on track for the end of this month.

In the video call, Drake said:

“We still have quite a bit of time before the end of 2019, so I think looking at a target genesis date towards end of 2019 could be realistic. One thing that could work well is the 3rd of January 2020.”

There are talks that this early date is not set in stone, however, as another researcher, Danny Ryan, wrote to CoinDesk that this date was only a proposal and it will rely much on additional testing for Ethereum 2.0:

“Although it is feasible, the client teams are not yet ready to commit to a date, especially considering we haven’t entered into multi-client testnets yet. With each phase of development there are plenty of unknowns so we will just keep … tackling them as they come.”

The priority now is for a stable Phase Zero launch that would see ETH 2 million staked on the upgraded network — this would be worth USD 500 million in Ether at today’s going rate —  by so-called validators, who would be playing the role of miners on the new blockchain.

 

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