Highly Anticipated Ethereum Upgrade Could Be Delayed for Years

[OasisDre]

Ethereum's pivotal redesign, Eth 2.0, is likely still three to five years from execution.

Rather than hurrying into a general redesign, engineers for the open-source blockchain stage are as of now chipping away at a suite of present moment fixes to improve the wellbeing and sturdiness of the system, as indicated by another blog entry at Ethereum.org

What do you guys have to say about this? Many are waiting for this upgrade before bitcoin halving, seems its never going to happen

[nxnqauff]

I don't think it was even mentioned like that by the project team member. Its just extrapolation of the information from the interview. Its very hard to believe if that is the case.

[bigcash2011]

You have to understand that the upgrades and code improvement is an ongoing and lengthy work, just be sure that the main new version will be launched soon and then the partial improvements and upgrades will be added later and the process will continue this is normal for such a large scale public blockchain and smart contracts network.

[asriloni]

Ethereum's pivotal redesign, Eth 2.0, is likely still three to five years from execution.

Rather than hurrying into a general redesign, engineers for the open-source blockchain stage are as of now chipping away at a suite of present moment fixes to improve the wellbeing and sturdiness of the system, as indicated by another blog entry at Ethereum.org

What do you guys have to say about this? Many are waiting for this upgrade before bitcoin halving, seems its never going to happen

what will be doing by ethereum is not only upgrading the protocol but that means re-design all of the ethereum structure without eliminated the features that already exist. I thought that if those people understand if that will take a few years for ethereum to complete all of the updates. Remember ethereum has an intention to change its consensus to the POS.
with the large scale of blockchain and so many users there and that's why ethereum must give a proper design to make sure if the update will not bring ethereum to the failed project.
that's it usual thing to see that happen with the large scale of blockchain like ethereum.

[TastyChillySauce00]

I don't really anticipate the upgrade but if there are problems with higher priorities that need to be resolved I don't think it's wrong considering that this upgrade is a massive one and there are possibly so many problems going to happen, it just needs more time to work.
It's better to have a fully working system in the future rather than half-baked upgrade that could possibly mess the whole thing. Though, it will lose all the hype if the delay is too long, therefore, made a little impact to market, price wise.

[CjMapope]

Ethereum's pivotal redesign, Eth 2.0, is likely still three to five years from execution.

Rather than hurrying into a general redesign, engineers for the open-source blockchain stage are as of now chipping away at a suite of present moment fixes to improve the wellbeing and sturdiness of the system, as indicated by another blog entry at Ethereum.org

What do you guys have to say about this? Many are waiting for this upgrade before bitcoin halving, seems its never going to happen

wait, whaaa? i mean, i know alot of my buddies always joked "it will NEVER happen" but geez, 3-5 years? i really thought PoS would be in 2020
i guess i shouldnt be surprised, how long will it take them just to get their new high school teacher CEO up to speed, prob 2 years there alone : /
oh well, more time to accumulate i guess, as i still think it will be a good long term project, just maybe a bit longer till new ATH then originally thought...lol

[Bttzed03]

They didn't set a specific date or year in the roadmap though. Despite their large and well-funded team, they've been pushing back dates since last year and we shouldn't be surprised if they do it again. It just shows how huge the project is and how serious & careful they are in making all these upgrades/redesigns.

[FireBallex]

I hope such won't happen because i am waiting for ETH better adoption and the Staking feature seem to be the better chance to ETH adoption, it will make sense if the upgrade is complete before bitcoin halving hopefully

[Furryball]

It will be disappointing if the 2.0 upgrade never happen in 2020, many ICO projects are in low due to ETH low value and if eth can recover its ATH value it will be very profitable, i hope 2020 will benefit us all

[dark08]

I know its really hard to maintain and improve the product but this upgrade that take a long years is so irretated, I like ethereum a lot but take a look at the price its continue to falling down I hope ethereum will fixed all the problem and make some bounce from this downtrend.

[Callanta787]

Eth is the most favoured altcoin in crypto space but the price keeps disappointing, the team need to change this for good by now ETH should be trading at 300$ since we are in bear market, ETH deserves more

[oktana]

the transition to 2.0 still involves two implementations between Casper CBC and casper FFG so that the zero phase is still undergoing adjustments.

the process also requires an optimal point for block validators from version 1.0. This will require more time to form the basis of the planned POS model, unless new modifications arise. Even though it is not perfect in 2020, the community will always respect their steps.

[Stanlo]

I trust ethereum team and ceo that they are doing the best to gain the perfect outcome, i know fans will feel disappointed about it but sometimes it always worth all the wait, whatever the case maybe i still choose eth as my number one choice altcoin

[Mighty_crypt]

This news has not been finalized yet so don't let us make suggestion on the idea yet, i belief vitalik and team, they will definitely deliver at best, things can't be rushed out especially upgrades to avoid bad system upgrade, slowly and steady things will be fine

[Aabcde]

In my understanding, it doesn't matter how long the eth will upgrade to 2.0 but how much preparation they have so that the updates can really mature and avoid malfunction. The problem is that those who want to try to profit from this eth 2.0 upgrade will be disappointed because the update is not coming fast. I think, a true fan will not think that seriously, they will just let it flow.

[Wayan_Pedjeng]

Well.. this is like the last nail in the coffin for Ethereum. And this sums up what went wrong with Ethereum, ever since the ATH was achieved some two years ago. The crazy bull run of 2017 left many of the Ethereum developers filthy rich and as a result they lost their interest in further development. Perhaps Vitalik Buterin should fire all these guys and hire some fresh faces to fill the gap.

[bitvalak]

Naturally they did that, aiming to keep ethereum in existence because almost every day a new altcoin appears that might be able to shift the position of Ethereum if they don't do a new innovation.
 Moreover, approaching the halving momentum of Bitcoin, of course they have a strategy so that at least some people will still want to use ETH. Because basically everyone wants to have Bitcoin, and altcoin is just one alternative to get that goal.

[Winscosinally]

I like the idea of upgrading and adjusting the ETH features, doing this will make ETH stays the second best coin ever and now that many new projects are introducing new features they can beat ETH so better upgrades is very needy

[fuer44]

the engineers actually got it right if they thought not to rush into redesigning everything. they chose to improve in the blockchain sector, and in my opinion it is correct because everything will depend on this from the blockchain. although etherum 2.0 has to wait even longer, in my opinion it doesn't matter, and when it was released to the public, development 2.0 was really effective.

[duuuuude]

This is said by the ethereum press service. How things are actually known only to the developers but we are really looking forward to and hope that ethereum will work through the bugs and update.