With Ethereum 2.0 expected to ship in the near future, the values that underlie the world's second-largest blockchain have become increasingly important.
Vitalik Buterin, one of the creators of Ethereum, discussed both the abstract and the technical aspects of the values that went into designing Ethereum over six years ago and how they are going to shape the network's upcoming iteration.
The political values that shaped Ethereum 2.0.
Aside from being based on a very serious mathematical and cryptographical foundation, the network is also supported by a strong pillar of philosophical ideas and values-some of which managed to translate very well into other projects built upon Ethereum.
Vitalik Buterin, one of the creators of Ethereum, took a look back at the values that shaped the design of Ethereum over six years ago and their effect on the network's upcoming iteration.
Erin addressed the increased skepticism a part of the community had regarding the launch of Ethereum 2.0, saying that it is "Going to be shipped as advertised." Phase 0 of the launch will come by the end of the year, offering almost every functionality of Ethereum 2.0 aside from sharding, he explained, adding that the following phase, phase 1, will ship much sooner than people think.
In length, the political values that went into designing Ethereum 2.0 and how they will affect the final functionality and design of the product.
Ethereum Classic, Ethereum's first fork, is also a chain that values these ideas, Buterin admitted but added that it was taking a more purist approach than Ethereum was.
The values propagated by Ethereum 2.0 aren't reserved only for future projects.
The number of projects embracing the core values of Ethereum and Ethereum 2.0 doesn't mean that they will be the ones that prevail on the market.
Vitalik Buterin discusses the values and ideas that formed Ethereum 2.0
Veröffentlicht auf Oct 22, 2020
by Cryptoslate | Veröffentlicht auf Coinage
Coinage
Erwähnt in diesem Artikel
Neueste Nachrichten
Alle ansehen
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.