Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    X (Twitter)
    Blockchain Journal
    Home » The launch date of the new Ethereum 2.0 blockchain algorithm has become known – January 3, 2020

    The launch date of the new Ethereum 2.0 blockchain algorithm has become known – January 3, 2020

    0
    By BlockchainJournal on June 18, 2019 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Developer Justin Drake (Justin Drake), according to Trustnodes , called the date of transition of the Ethereum network to the second version of the protocol and the introduction of the consensus mechanism Proof of Stake (PoS). According to him, Ethereum 2.0 will become a reality in seven months – January 3, 2020, exactly 11 years after the extraction of the genesis-block of Bitcoin .

    Drake also said that the developers of Ethereum for less than two weeks – until June 30 – should finalize and approve the specifications of the zero phase. Before generating the genesis block, they will have to launch a deposit contract for the accrual of funds to validators – and present it at the Devcon conference in Japan in October.

    Thus, according to Drake, over the next three months, developers should collect at least 2 million ETH, and in seven months, bring the product to a “production stage”, that is, a test network that has been working for quite a long time without significant flaws and has passed a security audit, for at least two customers.

    Recall that the founder of Messari, Ryan Selkis (Ryan Selkis), expects that the transition of Ethereum to the second version of the protocol will take place no earlier than 2021. In early May, Prestmatic Labs co-founder Preston Van Loon announced the public launch of a test network for Ethereum 2.0 – Sapphire – created on the basis of the Casper protocol with PoS consensus algorithm and support for stacking.

    Publication date 18.06.2019
    Share this material on social networks and leave your opinion in the comments below.


    Bitcoin blockchain ETH ethereum Ethereum 2.0 Featured Messari Network PoS Sapphire
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Memecoins jump $5B while NFTs see selective recovery led by CryptoPunks

    November 11, 20252 Mins Read

    Is the 20% Zcash (ZEC) price correction setting up its next breakout above $688?

    November 11, 20252 Mins Read

    SoftBank liquidates $5.83 billion in Nvidia to finance its investment in OpenAI

    November 11, 20252 Mins Read

    eToro (ETOR) stock jumps 7% following Q3 results and $150M share buyback plan

    November 11, 20252 Mins Read

    $1.7B Bitcoin and Ether ETF outflows fail to sink price thanks to whales

    November 11, 20252 Mins Read

    End of the government shutdown boosts institutional accumulation and hopes for 16 ETFs

    November 11, 20252 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.