Ethereum 2.0 July Deadline Is Too Soon, Developments Still A Step Back: Lead ETH Dev Danny Ryan

After the successful halving event of Bitcoin (BTC) on May 11, 2020, the crypto universe turned its eyes to the Ethereum 2.0 launch, which is – until now – expected to launch in July, before the 5th Ethereum anniversary.

However, in the latest comments by lead ETH 2.0 developer, Danny Ryan, the mainnet may be delayed, yet again, as the developers work on a “multi-client paradigm” which is important to the network security.

Will Ethereum 2.0 Be Ready to Roll Out In July

During the Coindesk distributed conference. Danny Ryan lowered the expectations from the Ethereum 2.0 hopefuls as he said the platform may not be ready by the planned July release date. The launch date of Ethereum 2.0 has been switching from developer to developer since the failed release on January 13th.

Vitalik Buterin, the co-founder of Ethereum, said the platform would be ready in the first half of the year but as things look, the launch may delay deep into the latter parts of the year. The Phase 0 launch, which was widely expected to launch in the coming month, is still some steps back one developer said.

The multi-client paradigm

According to Ryan, one major development hiccup that the platform is facing is the building of the “multi-client paradigm”, a key feature in enhancing security on the Ethereum 2.0 network. Currently, there are seven clients on the Ethereum 2.0 implementation plan including the Ethereum Foundation's Trinity, Prysmatic Labs's Prysm, Sigma Prime's Lighthouse, Status's Nimbus, ChainSafe's Lodestar, PegaSys's Teku, and Nethermind's Cortex.

According to Ryan, the Ethereum 2.0 developers aim to create a foundation platform that every client can build from and then move on to the implementation of the clients.

The specification of the platform allows every client to easily host nodes on the network reducing the chances of the network going dark if one client fails. This has been a common occurrence whenever either Parity or Geth clients, currently leading in Ethereum 1.0, fails.

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Lujan Odera
Lujan Odera
Lujan is a blockchain technology and cryptocurrency author and editor. He has worked in the field of cryptocurrencies and blockchain technology since 2015 helping him gain enough experience to be the writer he is today. He is known for his simple writing style that allows novices to understand the field in the simplest way.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


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