Buterin Explains Why Ethereum 2.0 Upgrade Won’t Arrive Until Late 2022
Vitalik Buterin, co-founder of Ethereum and one of the industry’s prominent thought-leaders, recently spoke at the Hong Kong’s StartmeupHK Festival 2021 tech conference. Among many topics, Buterin shared his thoughts on Ethereum’s hotly-anticipated shift from proof-of-work (PoW) to proof-of-stake (PoS).
To the disappointment of many however, the shipping of shard chains is not expected until sometime in late 2022, according to Ethereum’s latest roadmap. While a transition from PoW to PoS is expected to take place sometime in 2021/2022, the inclusion of shard chains is seen by many as the official completion of the Ethereum 2.0 upgrade. While many have believed the delay was due to the technically-burdensome transition, the actual issue is apparently something different.
“One of the biggest problems I’ve found with our project is not the technical problems, it’s problems related with people”.
