Ethereum 2.0 Moves Closer But Hoskinson Raises Doubts Over its Security

Ethereum 2.0 Moves Closer But Hoskinson Raises Doubts Over its Security


Phase 0 of Ethereum 2.0 took a step forward today following the submission of EIP 2982. Phase 0, also known as the “beacon chain,” refers to the transition from proof-of-work to proof-of-stake.

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.”

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Product Marketing Manager at Set Labs, Anthony Sassano, tweeted news of the GitHub submission, much to the delight of his followers.

ITSHAPPENING.GIF@dannyryan has submitted an EIP for eth2 phase 0 👀https://t.co/eqvEDiT3FT pic.twitter.com/NHM3DJ8i4D

— 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.

However,

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