When does ETH bifurcate (ETH stage)
eth When to fork According to EtherNodes data, the block height of Ethereum client ethCore (ETH) is 12285000. This bifurcation occurs approximately two weeks after the activation of the main network. Based on the current block production speed, the hard fork will probably take place around September 5, 2020, starting from 6:18:04 pm Beijing time on September 11, 2019. After the merger, it will consist of two functions: PoW mining reward and PoS pledge reward If there is no new code or protocol to support the new mechanism upgrade, it is expected to take one month to complete this upgrade. (Trustnodes)
Previously, according to Hudson Jameson, the community manager of the Ethereum Foundation, the eth2.0 specification v0.9.0 is ready to be released to technically solve the current problems of Ethereum blockchain congestion and high gas costs
ETH phase
ETH phase 0 initiation: EIP-1559 implementation. In the next few months, we will focus on three main goals:
1. The launch of Ethereum 2.0 2. Implementation of eth2 3. The migration process from eth1 to eth2 upgrade 4. Transition period between eth2 and eth1 5. Periodic updates such as beacon chains, validator nodes, and test networks. With the launch of Ethereum’s main network, we will begin to enter the second ETH phase. (BeInCrypto)
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