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March 19, 2020

Ethereum Co-Founder Vitalik Buterin has revealed Ethereum 2.0 project roadmap. According to Buterin, the unveiled roadmap represents the idea of ​​how Ethereum will develop during the next 5-10 years.

Buterin notes that the map describes only the main points, and the details, of course, may change as new information and new technologies appear.

According to the roadmap, primarily with the advent of Ethereum 2.0, will be redefined the following aspects: gas calculations, principles of customer synchronization, changes in fees. This should reportedly help to integrate the lightweight Ethereum 2.0 client with Ethereum 1.0.

"We know much more about the capabilities and limits of proof of stake, security models of sharding, etc. Thanks to the hard work of many, moon math like ZK-SNARKs is looking increasingly down-to-earth," Buterin wrote.

With the launch of Phase 0, the further work of the system is subject to audit and testing. Only after this and the approval of specifications during the first phase can a complete merger of the two systems be realized when the need for a separate circuit on the Proof-of-Work algorithm used today is no longer needed.

The founder of Ethereum emphasized that over the past two years, "there has been a solid shift" towards applied research and work projects.

Binance and OKEx Cut Fees for Withdrawing Bitcoin, Ethereum and ERC-20 tokens

Earlier iHodl reported that Buterin admitted the technical possibility of reunion Ethereum and Ethereum classic under the one platform.

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