Ethereum 2.0 is coming, unlikely to speed up enterprise DeFi adoption

Ethereum 2.0 is coming, unlikely to speed up enterprise DeFi adoption


Many members of the blockchain community have been anxiously awaiting the arrival of Ethereum 2.0, the major upgrade to the Ethereum blockchain set to be released in multiple phases. Phase 0 is the first expected release on the Ethereum 2.0 roadmap, scheduled to launch this year.

While speculation around the exact release date remains, Ethereum co-founder and founder of software company ConsenSys, Joseph Lubin, revealed in a recent interview on the Baseline Protocol YouTube channel that Ethereum 2.0 will indeed arrive soon: “Ethereum 2.0 is coming. We are now in the middle of what we believe to be the final testnet. We had many smooth operations on the testnet among a lot of Ethereum 2.0 clients built by different teams.”

Lubin further commented that without the issues that were resolved on the Ethereum 2.0 “Medalla” final testnet, he would be concerned about the mainnet launch of the Ethereum 2.0 beacon chain.

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Ethereum 1.0 isn’t ever going away

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