Ethereum 2.0’s Future
What is Eth2?
Eth2 refers to a set of interconnected upgrades that will make Ethereum more scalable, more secure, and more sustainable. These upgrades are being built by multiple teams from across the Ethereum ecosystem.
From the end of 2020 to 2022 Ethereum 2.0 is rolling out in 3(and a half) phases:
Phase 0: which launched in December 2020, implemented the Beacon Chain, the registry of validators, and deployed the Proof of Work mechanism.
Phase 1: has an anticipated launch in 2021, the first iteration of 64 shards will be launched.
Phase 1.5 The merge is when the current Ethereum 1.0 chain becomes an Eth2 shard. At this point, validators can both enter and exit the scheme.
Phase 2: Shard Chains is scheduled for the end of 2021 or 2022, and It will be an upgrade where the 64 shards will be fully functional with smart contract compatibility and other added features.
