So please don’t read this as a commitment. But this is technology, things can change in an instant. Of course, Ethereum 2.0's current plans are not set in stone, with the Ethereum website cautioning: This is how we view what’s happening based on the information out there. In a keynote at the Singapore University of Social Sciences, Ethereum's co-founder Vitalik Buterin described this scaling as 'even more important than Proof-of-Stake'. Introducing sharding to Ethereum 2.0 should allow for heightened scaling of Ethereum, as transactions can be split across 64 new chains. The final upgrade mapped out for Eth2 will see the implementation of Shard chains. 'The merge' should happen at some point in 2021. This substantial phase will merge the Beacon Chain into the mainnet and see the end of PoW algorithms. Despite these delays, the upgrades could happen earlier than expected.Īn update on the Ethereum website states: The full launch of Eth2 is still subject to change, especially after already suffering delays. We are not ~1 month away from having client releases ready for the merge, so we need to push the bomb back again. He said: Even though the merge testing is going well, it isn’t going to happen until the difficulty bomb is due to go off again (early December, as per EIP-3554). If it is not ready by then, the bomb can be delayed further.ĭuring the GitHub discussions of EIP-4345, Beiko revealed further information about the merge. In this proposal, they state the motivations: Targeting for The Merge to occur before June 2022. In EIP-4345, developers Tim Beiko and James Hancock propose delaying the difficulty bomb until June 2022. The most recent information we have for the current ETH plans come from the EIP-4345 Difficulty Bomb Delay. However, with two phases still to go, the full release is not estimated to happen until 2022. Initially slated for a 2019 release, Ethereum 2.0's first phase launched on 1 December 2020.

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