More specifically, in Phase 0, the goal is to lay the groundwork for staking and the operation of sharding chains.
“At first, the beacon chain will be responsible for registering validators and coordinating everyone’s staked ETH. This is foundational to the rest of Eth2 and lays the groundwork for the shard chains.”
Product Marketing Manager at Set Labs, Anthony Sassano, tweeted news of the GitHub submission, much to the delight of his followers.
— Anthony Sassano | sassal.eth 👨🌾 🏴 (@sassal0x) September 16, 2020
Following months of delays and uncertainty, this finally gave Ethereum holders something to cheer about. As yet, no date for the Phase 0 rollout has been given.