The first phase of Ethereum 2.0 (ETH 2.0) is approaching, but Ethereum 1.0 still has an important role to play until the best parts of the two versions gradually merge, said Jacek Sieka, Head of Research at Nimbus, an infrastructure project of The status network.
Nimbus is working on a solution to the Ethereum (ETH) scalability problem and developing customers for both versions.
“We expect that ETH 1.0 will play a major role in the near future, but will slowly converge to one” Ethereum “as the good parts of each version come together,” Sieka said. Cryptonews.com.
A number of unifying network technology is available, such as the modular peer-to-peer network stack libp2p, and Sieka said Ethereum 1.0 and 2.0 can be bridged over the same network, which would result in increased security, resilience and network participation. “We expect similar simplifications in all parts of Ethereum,” he added.
However, he said, “the last 20% of each phase is always the biggest challenge”, and for ETH 2.0 at the moment “this means resolving all remaining issues, agreeing on one specification version of all major components, and provide a great user experience. ”
According to the Head of Research, the core specification is “ nailed and the network specification is solid and nearing completion, ” but the user experience remains to be worked on. In addition, all customers must pass security audits and the entire system must be tested for stress tests, both in terms of performance and security, he said.
Quality objectives, no data
Sieka cannot say when exactly we will see ETH 2.0 phase 0, adding that it is about ‘meeting specific quality objectives instead of meeting specific dates’. But he noted that this first phase “represents an important milestone, especially as many of the key building blocks such as networking and consensus will be rolled out – we expect the other phases to roll out faster afterwards, while the gradual and phased rollout sets us up the network is “softstarting”. “
As for the role of Nimbus, Sieka said that their primary goal is to be embedded as part of other applications that may run in routers, embedded devices and phones, including older smartphones with limited resource hardware, but also a full validating client as part of the package.
“Since the majority of the world’s population owns a phone, it is a natural gateway to the ecosystem,” he explained.
With that, Nimbus’ goal is to address Ethereum’s scaling issue on these devices. To do this, the team is exploring ways to reduce bandwidth and battery usage when accessing Ethereum. “This could take the form of selecting alternative protocols for certain parts of the application or tailoring the way it works to adapt to typical behaviors and limitations on limited devices,” he said. It can also be done “by researching stimulated service models where users can contribute to and be rewarded for the network, creating a service economy for heterogeneous devices”.
The Status mobile application will be a primary consumer, but Nimbus is investigating partnerships with other hardware and software vendors.
The team is working on a light Ethereum 1.0 client as part of Nimbus because, for example, Ethereum 2.0 requires access to Ethereum 1.0 to process deposits. “With Nimbus, we can offer both in a single application, allowing the stack to run as originally intended without any third-party service,” he said, adding that by developing customers for both versions, they “have the minimum necessary can efficiently integrate support “for ETH 1.0 within the ETH 2.0 client and thus save on total resource usage. ”
Ethereum 2.0 support
Currently, Nimbus is focused on getting Ethereum 2.0 support fully developed while also exploring ways to accelerate Ethereum 1.0 support.
Overall, we expect Ethereum 1.0 support to be fully operational by the time implementation is added to Ethereum 2.0 in phase 2, Sieka concluded.
The Nimbus team first had a mobile ETH 2.0 client in February, which Sieka says should be seen as an experiment to push the boundaries and discover the limitations, weaknesses and opportunities of the technologies involved. “More of these experimental test nets can be expected in the coming months if we focus on performance, stability and security.”
At the end of January, Nimbus received a follow-up grant of $ 650,000 Ethereum Foundation, bringing their total commitment to date to $ 1.65 million.
Meanwhile, people have discussed online what makes ETH 2.0 possible for ETH 1.0, while commentators are wondering who benefits most, some feel they are holders, without a big change for decentralized finances or developers.
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