Cryptocurrency Market Cap May Surge 37%. But There’s One ‘If’ – U.Today

In a recent Eth2.0 Implementation Call 31, Ethereum's lead developers agreed on aswitch between Ethereum (ETH) 1.0 and Ethereum (ETH) 2.0. Initially,this issue hadnot been on the agenda but the discussion started towards the end of the call.

The question of network status transition without sacrificing the security and consensus integrity iscrucialto the Ethereum (ETH) 2.0 progress. It's obvious that during the interim period, both Ethereum (ETH) 1.0 and Ethereum (ETH) 2.0 rules should be followed by validators.

In December 2019, Vitalik Buterin of the Ethereum Foundation suggested that this could be achieved through the network of 'friendly validators'.

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'Stateless Clients' procedure will allow validators to avoid downloading both ETH1 and ETH2 nodes. According to Mr Buterin, the second one can now be operated using machines with limited resources.

Right now we've worked hard to make the total eth2 state size under 1 GB so that you can do everything in RAM and so that the requirements can be lower than the eth1 system today.

As a result, the initial stage of Ethereum 2.0 will be launched without stateless miners and WebAssembly.

The new release of Ethereum 2.0 specifications (network operational rules) has also been delivered.This release (v 0.10.0)contains a deep and much-needed reorganization of files/directories.

As explained by Danny Ryan, Ethereum (ETH) 2.0 team lead:

New release marks a stable target for Phase 0 for multi-client testnets and security reviews.

Let's try to predict, when Ethereum (ETH) 2.0 will be shipped? Tell us in The Comments!

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Cryptocurrency Market Cap May Surge 37%. But There's One 'If' - U.Today

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