Progress of ETH2.0 is very much on track despite a few hints that the launch might be pushed forward and investors and traders are anticipating a July launch of ETH 2.0.
The future of the Ethereum blockchain is highly dependent on solving scaling issues as well as introducing staking. Over the past few years, despite the emergence of competing blockchains such as Tron (TRX), Tezos (XTZ) and Zilliqa (ZIL), Ethereum remains a fan favorite of investors and traders in the crypto-verse. ETH investors believe that scaling and staking will eventually be implemented on the Ethereum blockchain.
In a 2 June progress report, Ethereum developer Danny Ryan explained to the ETH community that everything was on track for the launch of ETH2.0. He also explained there was a lot of ‘moving parts’ that needed to be brought together before the final launch of ETH2.0.
The statement hints towards an ETH2.0 delay. However, Ethereum investors are playing the long game with ETH for they know the upgrade will eventually be launched.