Ethereum co-founder Vitalik Buterin unveiled the roadmap for what he described as the "coherent set" of Ethereum 2.0 in a key presentation at the Devcon4 conference in Prague on October 31st.
Dubbed & # 39; Serenity & # 39 ;, the project includes more projects than the Ethereum developers have worked since 2014.
"Ethereum 2.0 is […] a combination of a series of different characteristics that we have been talking about for several years, working for several years, actively building for several years that are finally coming together in a single coherent whole, "Buterin summed up in his speech.
Ethereum users and analysts have long discussed the possible time span of network updates, which have seen recent updates rejected in order to strengthen their technical capabilities.
Among the constituent parts of Serenity there is a transfer to the proof-of-stake algorithm, a project known as Casper, scalability improvements through a process known as sharding, as well as various other protocol enhancements.
Before the "big launch", the developers will make some final changes, Buterin continued. These will include stabilization protocol specifications and cross-client testnets – a test network that integrates at least two implementations of Ethereum 2.0.
The additional test is important, he added, after learning from the versions of Ethereum 1.0, which he suggested has occurred too quickly.
As for when the vision would become reality, Buterin remained shy, saying only that it was "really not that far".
Speaking also to Devcon4 this week, the developer of Ethereum, co-author of the ERC-20 token standard with Buterin in 2015, has introduced a new model for Initial Coin Offerings (ICO) which states that it will better protect investors from fraud.