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Ethereum: Vitalik Buterin updates roadmap for next 5 to 10 years of development

Ethereum inventor Vitalik Buterin has released a new version of the roadmap for the future development of the network. A ConsenSys developer reports criminal cases with Eth2 verifiers.

In March of this year, Vitalik Buterin, the inventor of Ethereum, published a roadmap for the development of Ethereum. From his point of view, Buterin outlined the most important projects for the platform over the next 5 to 10 years. At the time, the community expressed criticism for the complexity of the program, claiming that most users would not understand it.

A few days ago, Buterin released a modified version of its roadmap. At first glance, it is possible to see that changes have been made that make it easier to understand. It is now much easier to visualize that each project has an independent development, and it is possible to know how advanced each of them is. Previously, the time for development of a project was uncertain, saying only that “it will most likely come soon.”

As can be seen in the image below, the new roadmap eliminates the difference between Stage 0 of the sign chain and Stages 1 and 2 following deployment. In addition, each component has received a progress bar that indicates the proximity of the application. In the section about Phase 0, it is possible to see that Eth2 is in an audit period. Currently, changes are made according to the results of these tests / audits. Also, preparing the shredding for the presentation.

Ethereum ETH
Source: https://twitter.com/VitalikButerin/status/1333922620857745408

There is also no specific implementation time for each project in the roadmap. This was simplified by the “When Ready” section, which was highlighted for better expectation management. Ethereum’s inventor says:

“THE ROADMAP I MADE IN MARCH (VERY ROUGH AND APPROXIMATE!) UPDATED WITH PROGRESS BARS SHOWING PROGRESS BARS MADE AND SOME OF THE RECENT TWEAKS MADE TO THE ROADMAP ITSELF. MUCH HAS BEEN ACHIEVED, BUT THERE IS STILL MUCH TO BE DONE!”

Progress in Ethereum 2.0
The successful launch of Phase 0 of Ethereum 2.0 has become quite a famous event by part of the crypto community. The Beacon Chain deposit contract currently registers 1,468,225 ETH locked and is worth an estimated $ 846,402 million. Data from the Ethereum Foundation shows that 32,155 validators are active with a time retention of 99.18%. In an update on Eth2’s progress, ConsenSys developer Ben Edgington said:

”ELEVEN DAYS SINCE BIRTH HAVE BEEN EXTRAORDINARILY BORING: APPARENTLY IT ALL WORKS. THE GENESIS EVENT WENT AS SMOOTHLY AS A SADE ALBUM.”

Edgington noted that the biggest incident they experienced was by verifiable penalties, or “cutting.” If a verifier disconnects its node, it is penalized 0.25 ETH of the 32 ETS it locks into the deposit agreement. But the developer noted that many of the incidents were due to poor practices by users.

Kain Warwick, founder of synthetix, reported on his experience with the penalties via Twitter after Geth had some problems with his client. Warwick said verifiers do not need to be 100% online to receive rewards and the penalties are “pretty forgiving.”:

I’m happy to be able to confirm that this is the case. After my offline punishments (I promise I won’t say cutting again) this week’s incident, I have now risen again to about five thousand ETH.

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