Ethereum 2.0 launch in 2020 after all? @Buterin speaks out..

Ethereum 2.0 launch in 2020 after all? @Buterin speaks out..

The staking protocol is oversubscribed by over 428% of its requisite threshold. It’s now the fifth biggest staking network in the world.

The launch of Ethereum 2.0, phase 0 is undoubtedly one of the most anticipated events in crypto-space in 2020, but expectations were put on hold last Friday when Justin Drake, researcher at the Ethereum Foundation, stated in a Reddit Ask-Me-Anything session that he expects Ethereum 2.0 to be delayed further. According to Drake, the Thanksgiving on November 26th and the holidays in December make it unlikely that Ethereum 2.0 will be launched before 2020.

As such, I’m now inclined to say that the earliest practical date for genesis is something like January 3, 2021 (Bitcoin’s 12th anniversary).

Drake justified his statement with the fact that before the leek there must be at least one public testnet with more than 3 clients, an “attack network” provided with incentives, a bug bounty program as well as a public testnet with more than 3 clients each, which runs smoothly for at least 2 to 3 months. Although the inventor of Ethereum, Vitalik Buterin, also expressed similar requirements for the launch in the past, he contradicted Drake:

I personally quite disagree with this and I would favor launching phase 0 significantly before that date. Eth1 took four months from the…