Ninjastic
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Board Altcoin Discussion
Re: Ethereum update
by
bbc.reporter
on 03/09/2019, 02:47:17 UTC
Quote from: xenon131 on August 31, 2019, 01:31:02 PM
Quote from: bbc.reporter on August 29, 2019, 02:31:07 AM
Quote from: xenon131 on August 28, 2019, 12:47:24 PM
Quote from: javadsalehi on August 23, 2019, 07:52:57 PM
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AFAIK, next scheduled hard fork is Istanbul that is expected to happen around November this year but it is still within framework of Ethereum 1.0. As to Ethereum 2.0 its zero phase i.e Beacon Chain is planned for the end of 2019 - beginning of 2020, also via hardfork  on the understanding that all ETH addresses remain valid;  KYC, this is not the case here.


Ethereum 2.0 will not be a hardfork. It will be a new platform not connected to the original Ethereum. What the users will do is transfer their wallets from Ethereum 1.0 to Ethereum 2.0 through a smart contract.

I shake my head at this. Why did Vitalik not release a proof of stake Ethereum from the beginning?

Thanks, didn't know that. Thereby next year ethereum community will find itself on the verge of splitting and will be dealing with two ETH branches i.e. POW and POS, isn't it?


I do not know. However, I predict that some of the miners might organize something and find a new development team to hardfork to their own version of Ethereum where they can continue mining.