Ethereum Foundation Blog. Latest news and announcements. eth2 quick update no. 18 Posted by Danny Ryan on October 1, 2020. ... This week we’re revising the Tech Tree to reflect some new major milestones to Ethereum 1.x R&D that are not quite a complete realization of Stateless Ethereum, but much more reasonably attainable in the mid-term. ... Jul 31, 2020 - Ethereum Classic experienced the second successful chain reorganization attack on the network. The network has stablized. Please migrate away from deprecated OpenEthereum to a recommended client. What is Ethereum? According to the Ethereum website, “Ethereum is a decentralized platform that runs smart contracts.”This is an accurate summary but in my experience when first explaining Ethereum to friends, family, and strangers it helps to compare Ethereum to Bitcoin since a lot of people have at least heard about Bitcoin before. Both Bitcoin and Ethereum are often compared to each other, but, the two were designed with different vision and goals. Bitcoin is an established cryptocurrency used for trading, Ethereum is a multipurpose platform with its digital currency as the fuel for smart contracts functionality.. But what is Ethereum and what future does it hold for our society, here’s a run-through. After months of hard work from the eth2 research team, along with Consensys and DeepWork Studio, we’re happy to announce the release of the eth2 validator launchpad (testnet version).. We’re releasing it now so that you can keep track of, and make deposits into, the upcoming Medalla multi-client testnet.But we’ll continue to fine-tune the interface in the run-up to mainnet launch.
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