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Ethereum developers are closer than ever to launching Phase 0 of Ethereum 2.0.
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Some initial preparations are expected to begin this week.
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After the results of a recent audit, the developers will be ready to “pull the trigger on everything”.
Many fans and users of the Ethereum network were quite excited about the launch of Ethereum 2.0 in early 2020. Unfortunately, as everyone knows now, the launch never came. The developers had to postpone yet again, which caused some disappointment.
However, at the end of the year, it would seem that it was worth it and that the developers are finally getting closer to the actual launch.
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The launch of Ethereum 2.0 is approaching
This was revealed in the latest blog post published by Ben Edgington, a developer at ConsenSys. Edgington suggests that Phase 0 of Ethereum 2.0 is on its way and that the first part of the event will be the implementation of the deposit agreement.
Distribution has already experienced a slight delay too, although the developers had a good reason behind the decision. As far as is known, they wanted to wait for a performance check and blst, a security-focused signature library, to arrive first.
According to Edgington, the results will be seen at some point this week. However, there are still some improvements to be made.
Problems and solutions
Another thing that needs to be mentioned is that the project’s Medalla Beacon Chain testnet will soon be reinitialized. The move will come after a major three-week hiatus caused by the inactivity of the validators.
As some may know, the network requires two thirds of its validators to be online. Unfortunately, the network has recently experienced a decline of up to only 50% in required performance.
The solution has been found and to get the necessary number of validators, the inactive ones are started from the pool. The project plans to clean up and make way for those who wish to actually participate.
About 3,890 of them are waiting to leave, but luckily 9,426 are waiting for their chance to enter. Edgington noted that this problem is due to the testnet not being incentivized. Basically, there is no cost to leave.
One good thing here is that this additional period has given client developers more time to troubleshoot technical issues related to their software.
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