It’s possible that a more accessible version of Ethereum 2.0 would be released earlier than anticipated.
Two Ethereum leaders have decided that merging Ethereum 1.0 and Ethereum 2.0 as soon as possible will be beneficial.
It’s possible that Ethereum 1 and 2 would merge sooner rather than later.
The Ethereum 2.0 beacon chain and the Ethereum 1.0 mainnet (which is actually used for transactions) will be merged, according to Ethereum’s roadmap (which is used for staking).
The merge was prioritized over sharding in the initial roadmap. The aim of sharding is to improve the scalability and transaction throughput of Ethereum. Sharding is no longer the only way to boost Ethereum’s results, thanks to the implementation of rollups.
In addition, the merge would mark a more detailed transition to proof-of-stake. Staking ETH is currently possible, but the merger would allow staking incentives to be withdrawn. This move, according to the commenter who proposed the prioritized merge, might provide immediate liquidity to staking participants.
A prioritized merge could also serve as a backup plan if Ethereum’s newly accepted fee structure (EIP 1559) has unintended consequences or generates negative press.
Developers are in favor of a faster merge.
Two of Ethereum’s most well-known developers have endorsed the idea. One of the Ethereum Foundation’s most well-known researchers, Danny Ryan, said: “I generally agree.”
Vitalik Buterin, the founder of Ethereum, agreed, adding that the two phases have been considered distinct from one another since December and can be implemented in any order.
Before the beacon chain went live in late 2020, Ethereum 2.0’s initial launch was repeatedly postponed. As a result of this week’s news, a more accessible Ethereum 2.0 could arrive sooner than anticipated.
The Ethereum team, however, has not set a firm date for the merge, either with or without the latest considerations.