Development Behind Ethereum 2.0

Development Behind Ethereum 2.0

Darren Langley, the Senior Developer at Rocket Pool, introduces the developer community behind Ethereum

In his today’s article on Medium, Darren Langley of Rocket Pool explains how independent developers from all over the world come together to build Ethereum 2.0. Here is our short overview of the article.

Once fully delivered, Ethereum 2.0 will combine the following key projects:

  • Proof-of-Stake: beacon chain (a side chain that stores hashes of the main chain and provides distributed randomness for sharding) and Casper FFG (a hybrid PoW / PoS consensus where every 50th PoW-mined block is finalized by PoS, making the chain irrevertible),
  • Sharding (solves the scaling problem by dividing the chain into fragments, shards),
  • and eWASM (a major upgrade to the Ethereum Virtual Machine).


A large portion of the developer community are building and improving client implementations of Ethereum such as geth, Parity, Aleth, Trinity, Harmony.

However, there is an entire ecosystem of open-source software projects working on other aspects of Ethereum:


At the same time, there is a lot of research being conducted on a variety of topics. These topics are published and discussed on the Ethereum research website. These research topics include:

A thoroughly investigated topic becomes a specification, and the implementation teams can then include it in their clients.

Some of the clients that are working on the beacon chain and sharding specifications include Prysm, Lighthouse, Nimbus, Lodestar, Harmony, Pantheon, and Trinity.


The eWASM project is working on compatibility with the Ethereum Virtual Machine. There is still a lot of investigations to be done in this area, but Langley thinks that,

  • Ethereum 2.0 will use a delayed execution model, whereas the current EVM executes contract immediately when a transaction is processed;
  • Shards will only be responsible for ordering and storing transactions;
  • A second-layer execution process will read transactions, execute code, and write back results.


133.29 USD


4.67 USD

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Ethereum’s [ETH] Vitalik Buterin discusses his first foray into Bitcoin [BTC] with Abra CEO

The cryptocurrency market witnessed a lot of the proponents coming out in support of the industry recently owing to various ground-breaking developments. The latest luminaries to speak together for the crypto-verse were Bill Barhydt, the Chief Executive Officer [CEO] of Abra, and Vitalik Buterin, the co-founder of Ethereum. Barhydt started by saying that 2019 had been a fantastic year for Abra with the launch of their index token and native EOS support. Barhydt also revealed that the company launched native support, using which users could conduct deposits and transfers directly within the wallet. The discussion then converged to Buterin, who spoke about his role within Ethereum and its functioning. The computer scientist stated that he was the one who came up with the initial idea of Ethereum, right down to its white paper. In his words: “Right now I am focused on research problems and the deeper workings. I am also working on releasing the latest Ethereum upgrade to serenity and providing a more efficient work chain which will go hand in hand with the scalability improvement.” The change to Serenity was also discussed recently during an Ethereum core dev meeting which was focussed on the Istanbul hard fork, the final step before moving into Serenity. Vitalik Buterin further stated that he was working on the details of the upgrade, while at the same time, revealing that he was working on other strings of research as well. Buterin then spoke about the things that attracted him to Bitcoin and the reasons why he decided to kick-start Ethereum. He said: “Bitcoin was basically the place where all my interests were gathered into one place. The math, the computer language and the different social-economic ideas all coealltted into one place was a thing of beauty. We also saw socialists and mutualists coming together and Bitcoin brought the technology that could impact the world. It was the perfect storm for me to get into.” Vitalik was also in the news recently when he said that he would lose a certain amount of hope for humanity if Tron overtook Ethereum. When asked about projects that would provide competition to Ethereum, he had earlier said: “Dfinity. Dominic [Williams, the president and chief scientist of Dfinity] and I use the aspirational term ‘sister network.” The post Ethereum’s [ETH] Vitalik Buterin discusses his first foray into Bitcoin [BTC] with Abra CEO appeared first on AMBCrypto.

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Ethereum Price Analysis: ETH/USD Making Up Golden Sell Opportunity

Coinspeaker Ethereum Price Analysis: ETH/USD Making Up Golden Sell OpportunityKey Highlights:The Bears took over ETH market at $140 price level;Ethereum price may reach $131 level;price retracement is inevitable in a trending market.ETH/USD Medium-term Trend: BearishSupply Zones: $136, $140, $143 Demand Zones: $134, $131, $128The Crypto is on the bearish trend on the medium-term outlook. The coin was on consolidation phase a few days ago but now bearish. The bears’ momentum broke down the former demand zone of $140 with a strong bearish Japanese candle that dropped Ethereum price at $136 level. The coin carried out retracement back to the broken level and the bearish trend continues which bottomed the ETH price at the demand level of $134 after penetrated $136.Ethereum price is trading below the 21 periods EMA and 50 periods EMA and the two EMAs are gradually separating from each other as a sign of increase bearish momentum. The Relative strength Index period 14 is below 40 with the signal line bending down which indicate sell signal.The price retracement is inevitable in a trending market. Increase in the bearish momentum will drop the price at the demand level of $131 in case $134 price level does not hold. Should the Bulls defend the demand level of $134; Ethereum price may roll up towards the supply zone of $140.ETH/USD Short-term Trend: BearishOn the medium-term outlook, Ethereum price is bearish. Continuation of ETH price increment was rejected at the supply zone of $140 on March 22 by the bears and the barrier at the level. The bears’ pressure was noticed as the bearish engulfing candle emerged at the $140 price level and the ETH price dropped at $136, pulled back before it finally declined to the demand zone of $134 where it is currently pulling back.The two EMAs are separated from each other and the coin is found below 21 periods EMA and 50 period EMA. The RSI is around 40 levels about turning down to indicate sell signal.Ethereum Price Analysis: ETH/USD Making Up Golden Sell Opportunity

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