Bitcoin Forum

Ethereum 2.0 has been a long time coming - and it’s not quite here yet. Ethereum functions on continuous development, and they’ve been doing this upgrade thing a lot longer than the rest of us. Starting with Frontier in 2015, Ethereum has had a string of hard forks and upgrades intended on bettering the network. That leads us to where we are now, on the brink of Ethereum 2.0 Serenity - but without a date for the hard fork to end all Ethereum hard forks (for the moment, at least). Realistically, 2020 will most likely be the year that we see Ethereum 2.0, but that doesn’t mean that Ethereum won’t continue to upgrade and develop the blockchain. Working on continuous development means that Ethereum will get better and better, we’ll just have to wait for it. Ethereum is open source, and all members of the community are encouraged to actively participate in bettering the network. It’s clear that Ehereum’s development model will pay off in 2020, and the network will thrive.

https://www.youtube.com/watch?v=fi0ORZR4A88

An overview of previous Ethereum updates
As we’re working our way up to Ethereum 2.0, let’s take a quick look at the updates that have brought us closer to Serenity.

Frontier (2015): The launch of the Ethereum blockchain.
Ethereum Classic (2016): Split the blockchain into Ethereum and Ethereum Classic. Ethereum Classic now functions separately from the core Ethereum blockchain.
Byzantium (2017): The first update of the Metropolis phase. Intent to optimize gas consumption, support verification for RAS signatures, and more.
Constantinople (2019): The second update of the Metropolis phase. Gas requirements for certain transactions were reduced, efficiency and speed of Ethereum virtual machine was improved.
Istanbul (2019): Another step towards Serenity. Altered various opcodes to prevent spamming blocks and more.
Muir Glacier (2020): Pushed back the Ethereum Difficulty Bomb timeline.

https://www.youtube.com/watch?v=l6RQ0x02QA8&t=1007s

Ethereum’s development model
Ethereum wants to change the world. And in order to do so, it has to be accessible to anyone, anywhere. Thus, the Ethereum development model has to be global, decentralized, and inclusive. As a developer community, they have to operate as openly as possible. By encouraging participation from community members all over the world, through developer calls, GitHub, formal updates, and informal updates (as well as various other channels).

According to Ben Edgington, an advisor to ConsensYs on Eth2, “We [Ethereum] nurture organic growth and are wary of any one party exerting too much control. To an extent, our approach resembles that of Linux, which has come to dominate much of the world’s computing. (Linux doesn’t have much of a roadmap either.)”

An open source model like the one that Ethereum operates under, helps to nurture a community that feels inspired by a single issue. The road to Ethereum 2.0 will be paved by the blockchain’s community. This model of development inspires people to actively engage in the Ethereum network, and helps build a better blockchain for all. As Antoine de Saint-Exupéry said, “If you want to build a ship, don’t drum up the men to gather wood, divide the work and give orders. Instead, teach them to yearn for the vast and endless sea.” So, yes - Ethereum’s development model will pay off in 2020, whether we see Ethereum 2.0 or not.

https://twitter.com/ethereum/status/1207765161278410752

We’ll see Ethereum 2.0 soon
We can remain fairly optimistic about seeing Ethereum 2.0 soon. Ethereum’s development model will pay off in 2020, and the network will upgrade. With it, Ethereum 2.0 will bring major change to the community. Solving issues of scalability means that the blockchain will be faster and more efficient, and better able to host developers who want to build their dApps on the network. The continuous development of the blockchain means that each and every update that has happened since Frontier, has brought us closer to Ethereum 2.0 - and the network is not going to come to a standstill once Serenity is implemented. 2020 is going to be an exciting year for Ethereum, and the entire community will benefit.

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https://www.tap.global/development-model-will-pay-off-in-2020

It's not mandatory step that wit will pay f man, it's up to the market sentiment & moo after all.
All the crypto market is supposed to move a lil bit for the Bull Trend by the close BTC halving date, we hope we see something by that date (May 16-2020).
Etherum won't make it's big move by itself just like that or because of this update.

all this speculation in the OP is just gobblegook :D
the simple fact is the oldest game in play comes into effect once ETH goes PoS: supply and demand
they could go PoS TODAY and it would moon.   Is it because of all this "development?" i doubt it lol

Damn, it should not be this year but early next year. The development of ethereum will not pay off in this year but it has already expected to be done Q1 of the next year. That means if ethereum developer will pay off for the next year. But it's not about the development model that will pay off but how much annual yield that will be offered that will pay off as this is the main thing that can attract the buyers for sure.

I believe in the long term successful development over short time bursts as well. I mean whenever they figure out a way to improve it, they don't just "implement" and move on, they actually work on it very hard and long and try to make the best possible way as possible so they don't create a monster, many people still to this day think that segwit for bitcoin was a bad implementation for example, nobody can ever say the same for ethereum, they always fix and improve their current way even if it takes long time.

While we are at it, does anyone know why they name their improvements for Istanbul different names? Byzantium, Constantinople, Istanbul, all names of the same city in history (well one current), does ethereum has anything to do with that city in general?

You could say I am a fan of ethereum, I always support whatever policies exist in ethereum, hearing this news of course I'm worried too if ETH requires a long enough time to re-develop, but for me it does not matter. So if the calculations are correct, then in the future I will not have to worry about taking the results that I have planted for a long time. Whatever happens, I think ETH will still be a choice.

Finally, ETH 2.0 is really near for us. Cant wait for it

I'm an ethereum user and a fan since the very beginning of my crypto journey! in my personal opinion those delay in the implementation of ethereum upgrade was hurting the Eth price in the short term, thats why im happy with these developments now and finally the most awaited upgrade will take place soon. and there is a possibility that it will drive the eth price for that particular period after that event and who knows it might be happen soon.