- Ethereum Foundation releases code freeze of Phase Zero
- Version 0.8.0 to serve as a stable target for developers as they work on the project
- Ethereum 2.0 may go live in January 2020
In a tweet this week Danny Ryan, an Ethereum Foundation developer announced that the code freeze of the first iteration of the Ethereum 2.0 called Phase Zero has been released. According to SubZero’s Github repository, version 0.8.0 will serve as a stable target for developers as they work toward multi-client testnets.
Ethereum 2.0 stable enough to start building on top of
Per the tweet, the code freeze of Phase Zero, the first iteration of the Ethereum 2.0 has been released and it will serve as a stable target for developers working on the project.
Specifically, version 0.8.0 will enable implementers to work toward multi-client testnets as part of the efforts in formal verification, fuzzing, and audits.
Phase Zero’s Github repository also shows that the beacon chain required most of the work since five features were added, four bugs identified and fixed, and six simplifications carried out.
New features and bug fixes in 0.8.0
Some new features of version 0.8.0 are “minor modification to include rewards and adjust reward factor,” “slashing penalty calculation change to prevent gaming,” “increase historical vectors length and cleanups,” and “add compact committee roots for light client support.”
In the same vein, the bugs which were fixed are “critical Transfer bug,” ” fix scaling for inclusion_reward,” “fix genesis effective balance in corner case,” among others. There are expectations that the phase may still get other significant changes and most especially in its BLS signatures.
The freeze was first scheduled for June 30, 2019, though at the beginning of the month developers were uncertain if they could meet the deadline.
Nonetheless, there is still a lot of work to be done on Phase Zero despite the new features and bug fixes. It is, however, worthy to note that the project is still on schedule.
Ethereum 2.0 still on schedule for January 2020
Ethereum 2.0, on the other hand, the next generation Ethereum blockchain may not go live until January 2020. Vitalik Buterin, Ethereum’s co-founder has also hinted that the current pace of work makes January 2020 a feasible target.
Similarly, Justin Drake, Ethereum Foundation researcher had informed that a 2 million ethereum may be required to be staked on the Ethereum 2.0 network in order for Phase Zero to launch successfully.
The latter might not be a problem since the foundation has already made plans to allocate $19 million from its $30 million budget meant for Eth 2.0-specific project. On May 9, 2019, Blockchain Reporter informed that Ethereum had begun the public testnet launch of their 2.0 proof of stake beacon chain in a bid to make it easy for users to stake ether and earn rewards.