Bitcoin, Crypto currency, Blockchain

Ethereum 2.0 will come to the end of 2019, tight time plan

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Ethereum 2.0 will come to the end of 2019, tight time plan

Home News Ethereum 2.0 will until the end of 2019 come tight schedule presented

Of
Marcel Knobloch –
18.04.2019

Ethereum is a highly complex project that is still at the beginning of a very long development period. In a new Interview, a core developer of the to his under muzzle informed that Ethereum 2.0 will come this year, and there is also a time horizon until Ethereum quantum resistant.

Finder, has recently published an Interview with Ethereums developer Danny Ryan, in which Ryan makes it clear that his Team Ethereum 2.0 by the end of this year or early next year. Furthermore, the conditions should be created that Ethereum will be within the next three to five years, quantum-resistant. Furthermore, the Start-up of other test networks are planned for the next quarter.

On the EDCON, the Ethereum developers conference, which took place on 13.04.2019 in Sydney (Australia), joined Ryan to the members of the Ethereum Foundation to stand on a Forum question and answer with the Finder. Ryan explains how the Ethereum-a Blockchain implements a robust technology called zk-SNARKS to achieve a quantum resistance, privacy and data protection, as well as a decent speed.

Due to the enormous power of quantum computers, this could be high-listing machines, one day the scrambled words crack, the serve to Know to protect cryptocurrencies. According to experts, the real threat is removed, however, approximately 10 to 20 years. Michael Osborne, Manager of backup and data protection group, IBM Research, leads to (freely translated):

You could increase the key size. You can use larger key sizes or switch from elliptic curve to RSA cryptography. You could delay the point at which a quantum threat occurs. But there are temporary solutions.

The best solution would be, in Essence, to investigate these quantum-resistant Algorithms.

According to Ryan, Ethereum must be translated oppose in any case, find a way out of this potential threat, since Ethereum will only be completely safe and workable for millions of people worldwide (free):

One of our design goals in Ethereum 2.0 is to find, at least within the time horizon of three to five years in a credible way, in order to be quantum-resistant.

The Ethereum Foundation plans to continue the next Phase of 2.0, and two steps (freely translated):

Phase Zero, which is the core, System and Proof-of-Stake chain. I aspire to this year. There are a lot of things that are not me in terms of customer development in the Hand, so, definitely by the end of this year, early next year.

Here you can find the Interview in full-length view:

Featured Image: Ponderful Pictures | Shutterstock.com

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