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Challenging Ethereum 2.0? Competing blockchains are seizing the moment

Published 09/09/2020, 01:00 PM
Updated 09/09/2020, 02:40 PM
Challenging Ethereum 2.0? Competing blockchains are seizing the moment

After several years in development, Ethereum 2.0 is now more tantalizingly close than ever before. Despite a shaky start with the Medalla testnet, it seems that development is still on track. Prysmatic Labs developer Raul Jordan indicated in a recent blog post that “2 to 3 months from the Medalla genesis block is still an ideal timeline.”

At this point, what are another three months? The idea of an upgrade has been floating around in some form since the platform was first launched in 2015. The time it has taken to get this far in implementing Ethereum 2.0 speaks to the fact that it’s far more challenging to change the engine in a moving vehicle than it is to build one from scratch.

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