Quote from: HashingTower on Today at 06:08:49 AM

it seems that ETH 2.0 isn't happening any time soon or I misquoted the news ?

Unfortunately, the change of algorithm from POW to POS is happening at one point in time whether you want it or not. It's just a change in branding, but everything will go on and planned

Quote

The Ethereum Foundation today, following the lead of the blockchain's core developers, announced that the term "Ethereum 2.0" is being retired in favor of "consensus layer."

The rebrand reflects the fact that what's been called Ethereum 2.0 is really more of a network upgrade rather than a whole new network. To be sure, some major things are still set to change. Ethereum is shifting away from proof of work to a more scalable proof-of-stake chain. And mining, in which high-powered computers connected to the network compete to validate transactions so that they might mint new ETH for themselves, is also on its way out

Source from article - https://decrypt.co/91149/ethereum-foundation-kills-eth-2-consensus-layer-rebrand