Vitalik Sheds Light On ETH 2.0 Development Focus, Benefits and Much More in AMA

Vitalik Sheds Light On ETH 2.0 Development Focus, Benefits and Much More in AMA

By Abhimanyu Krishnan | News | 19 Nov 2020

Vitalik Buterin was part of an Ethereum Foundation Reddit AMA conducted on Nov. 17, and provided a lot of insight into ETH 2.0, including how quickly users would see the benefits.

  • The special Phase 0 Genesis Edition of the AMA invited a lot of of questions about the community, ranging from the early stages of launch to the specific changes that the upgrade would bring
  • Vitalik chimed in with his thoughts on how quickly the upgrade would be implemented and the development focus going forward
  • He summarized the three priorities as rollups, simplification of merging (for the transition from ETH1 to ETH 2.0) and parallelization of phases
  • Vitalik expects light client support to arrive first, which will likely be followed by sharding and finally the merge
  • Parallelization of phases, which Vitalik says is perhaps the most underrated, will involve light client support, data sharding and merging such that each of these can be worked on and implemented independently of each other
  • The purpose of these changes is to make ETH 2.0 more useful to users more quickly
  • Vitalik condensed the development roadmap and outcome by saying that users should expect the merge and Proof-of-Stake to arrive faster, which will then bring the much anticipated 100,000 transactions per second performance
  • Ethereum 2.0's deposit contract, which is asking for 524,288 ETH, has not hit its threshold yet, with staked ETH currently amounting to 105,120 

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Abhimanyu Krishnan
Abhimanyu Krishnan

Technophile, cryptocurrency enthusiast and journalist.


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