Top developer explains why Ethereum 2.0 is still on track for November

Earlier this year, there were some that weren't too sure the Ethereum 2.0 upgrade - also known as ETH2 - would go live in 2020.

As reported by CryptoSlate, Justin Drake of the Ethereum Foundation said that the upgrade may take until early-2021 due to the need for a public testnet running for multiple months, along with other technical implementations like an "Incentivized attack net" and bug bounty.

A top developer of the ETH2 implementation has confirmed that the upgrade is on track for late-2020.Ethereum 2.0 still on track for 2021.

Raul Jordan of Prysmatic Labs, a developer group working on the Ethereum 2.0 clients for the upgrade's first phase, remarked in a Sep.

"The Ethereum 2.0 beacon chain will launch in November unless we find severe bugs in clients or protocol. I'm in-between Vitalk and Justin with my estimation here, I don't think that we necessarily need to delay Ethereum 2.0 into 2021 unless we find critical issues. We are well on track for a late 2020 launch."

Schoedon is one of many prominent Ethereum stakeholders to have asserted that a 2020 launch is possible and likely.

ETH2 will be an all-encompassing upgrade that will take a number of years to roll out.

The upgrade should increase the decentralization of Ethereum while also making it more efficient.

The upgrade is also set to imbue ETH with more value accrual mechanisms, thereby strengthening the network further.

Upgrade needed ASAP. The ETH2 upgrade is needed as soon as possible, analysts have indicated.