Ethereum developers have long been planning to transition the blockchain to a more energy-efficient, secure, and scalable network.
They now have an official Ethereum Improvement Proposal to work with.
ConsenSys researcher Mikhail Kalinin has created a pull request for EIP-3675, which would upgrade the blockchain’s consensus mechanism to proof of stake, a system that allows people to validate transactions and create new blocks based on how much ETH they contribute. The current proof-of-work system instead relies on „miners,” who compete to be the first to validate transactions.
The proposal, which sets the stage for „the merge” to Ethereum 2.0, will be discussed at Friday’s core developers meeting.
What is Ethereum 2.0 and Why Does It Matter?
But, contrary to some speculation, that doesn’t mean ETH2 is necessarily happening this year. Tim Beiko, an Ethereum Foundation dev who coordinates upgrades, told Decrypt that a 2021 merge is unlikely in his opinion. „Everything would have to go
Źródło: https://decrypt.co/76683/ethereum-transition-eth2-gets-formal-improvement-proposal
