Vitalik Buterin: Ethereum 2.0 development is progressing smoothly, and all work is well organized

According to recent reports from Trustnodes, Ethereum co-founder Vitalik Buterin said that recent discussions on governance and other aspects have not affected the development of Ethereum 2.0.

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Image source: visualhunt

He publicly said:

“Although I’m frustrated by the ridiculous behavior of those chattering people, it’s important to remember that the Prysmatic, Lighthouse, Eth 2.0 research team are all working as planned. The recent discussion on governance is very intense. Annoying, the development of Eth2.0 has not even delayed a day.

State Channel, Plasma and ZK rollup development are also steadily moving, as is the Eth 1.0 rental proposal.

The existing 1.0 client is being continuously upgraded to better handle the load of the current blockchain, and a few months ago it has won a huge victory in reducing the block rate of the unblock and improving the block broadcast.

When you are hoping for the Ethereum ecosystem, the underdeveloped development team behind it is the guarantee.

Ethereum has several development teams, and the Ethereum Foundation itself employs about 100 people.

There is also Consensys, which has a larger staff and, to some extent, the number of Status Centers in the development center, and is working together on the Eth 2.0 client Nimbus. Nimbus recently released a PoS test network.

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Ethereum ecosystem visualization

As you can see from the above picture, according to the analysis, there are many different degrees of connection between projects, such as Parity Tech is smaller than some Ethereum Dapp.

At a press conference at the Ethereum Foundation, Danny Ryan, a researcher at the Ethereum Foundation, said:

“For Beacon Chain and Eth 2.0, the current approach is to move quickly. Before entering the second phase, where user-level activities begin, I believe that I must act quickly to build the core architecture.”

The Ethereum development ecosystem is so large that Buterin is surprised by new methods and even similar inventions. He commented at the same meeting that he did not know that zkSNARKs could be used for expansion.

Recently, an Ethereum expansion solution used zkSNARKs launched on the test network to achieve a transaction count (TPS) of approximately 500 per second.

The method here is basically a compression calculation, a person verifies it, and then gives you a proof so that you can determine its accuracy.

Although discussions about meta issues have always existed, such as who is the host of a public forum, or about other internal blockchain transactions, core developers are primarily concerned with what Buterin emphasized a few days ago. :

“Ethernet 2.0 (at least PoS part) has a test network. The Plasma chain has been released. ZK-SNARK related development has made great progress.

Due to the improvement of block broadcasting, although the block was filled with 8000000 gas, the rate of the unblock block still dropped by about 8%. But state size is becoming a problem, leading Eth 1.x as another short-term expansion effort, with a focus on using state of rent or stateless clients to reduce state size. This is Alexey's recent proposal. In many ways, these are really important. Things like whether ProgPoW passes or not do not matter. Potential competitive projects need to address some of the shortcomings. However, a decentralized, unlicensed, and expandable public blockchain is clearly the time.

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Decentralized TPS comparison chart, April 2019

A decentralized, scalable public blockchain, the design suggests that the Her Majesty's Land Registry can be very certain that no one can change the ownership of Buckingham Palace, or it is entirely based on some stupidity. The vote of the token holder, not just the cancellation of thousands of nodes in the network, is the most critical.

This unreliable environment currently has almost no capacity, but through fragmentation, SNARKs, Layer 2 solutions, and emerging inventions, Ethereum is moving toward world-class capacity.

By then, the blockchain is likely to continue to make incremental improvements anytime, anywhere, but in the end, the blockchain will stagnate or become difficult to upgrade because of the cost of upgrading after 10 or 20 years. It may exceed any benefits it brings.

Achieving a neutral infrastructure phase, even if the enemy government can still operate on the same blockchain, this goal has been achieved through limited capacity, but while maintaining neutrality, expansion through decentralization is the ultimate reward.