{"id":38995,"date":"2021-03-16T12:09:13","date_gmt":"2021-03-16T10:09:13","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=38995"},"modified":"2025-08-30T07:27:02","modified_gmt":"2025-08-30T04:27:02","slug":"vitalik-buterin-proposed-accelerating-the-eth2-transition-after-miners-threats","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/vitalik-buterin-proposed-accelerating-the-eth2-transition-after-miners-threats\/","title":{"rendered":"Vitalik Buterin proposed accelerating the ETH2 transition after miners&#8217; threats"},"content":{"rendered":"<p><span style=\\\"font-weight: 400;\\\">Ethereum co-founder Vitalik Buterin<\/span> <a href=\\\"https:\/\/notes.ethereum.org\/@vbuterin\/B1mUf6DXO\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\"><span style=\\\"font-weight: 400;\\\">presented<\/span><\/a><span style=\\\"font-weight: 400;\\\"> a mechanism for a fast merge of the current network with the Beacon Chain of version 2 of the protocol. The spark could have been miners&#8217; <\/span><a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-miners-to-stage-protest-against-eip-1559\"><span style=\\\"font-weight: 400;\\\">&#8216;show strength&#8217;<\/span><\/a><span style=\\\"font-weight: 400;\\\"> due to dissatisfaction with EIP-1559.<\/span><\/p>\n<blockquote>\n<p><i><span style=\\\"font-weight: 400;\\\">&#8220;The goal is to describe a path for a fast merge with minor changes in ethpow or Beacon Chain clients. The latter must have channels to communicate with trusted Beacon Chain nodes and alter their fork-choice rules. A minimal merge will simplify future work, as there will be nothing to worry about later&#8221;<\/span><\/i><span style=\\\"font-weight: 400;\\\">, \u2014<\/span><span style=\\\"font-weight: 400;\\\"> Buterin wrote.<\/span><\/p>\n<\/blockquote>\n<p><a href=\\\"https:\/\/hackmd.io\/@timbeiko\/1559-resources\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\"><span style=\\\"font-weight: 400;\\\">EIP-1559<\/span><\/a><span style=\\\"font-weight: 400;\\\"> is aimed at replacing the existing fee market, based on auctions, with a fixed price and a burn mechanism. The proposal will form part of the planned July <\/span><a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-eip-1559-included-in-july-london-hard-fork-despite-miners-opposition\"><span style=\\\"font-weight: 400;\\\">London hard fork<\/span><\/a><span style=\\\"font-weight: 400;\\\">. <\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">According to James Baker of the Status startup, the Ethereum co-founder <\/span> <a href=\\\"https:\/\/our.status.im\/vitalik-escalates-eth-2-0-merge-as-miners-plan-a-51-attack\/\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\"><span style=\\\"font-weight: 400;\\\">became the initiator<\/span><\/a><span style=\\\"font-weight: 400;\\\"> of the community&#8217;s response to a potential <\/span><a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-51-attack\"><span style=\\\"font-weight: 400;\\\">a 51% attack<\/span><\/a><span style=\\\"font-weight: 400;\\\">. Opponents of EIP-1559<\/span> <a href=\\\"https:\/\/stopeip1559.org\/\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\"><span style=\\\"font-weight: 400;\\\">formed<\/span><\/a><span style=\\\"font-weight: 400;\\\"> enough computing power to do so, though the announced action is only to demonstrate the importance of considering their interests.<\/span><\/p>\n<blockquote>\n<p><i><span style=\\\"font-weight: 400;\\\">&#8220;Vitalik described a &#8216;fast merge&#8217; \u2014 the transition from Proof-of-Work to Proof-of-Stake with limited changes in the clients.&#8221; Despite the miners&#8217; stance, this path may prove preferable,<\/span><\/i><span style=\\\"font-weight: 400;\\\"> \u2014 <\/span><a href=\\\"https:\/\/our.status.im\/vitalik-escalates-eth-2-0-merge-as-miners-plan-a-51-attack\/\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\"><i><span style=\\\"font-weight: 400;\\\">Baker explained<\/span><\/i><\/a><span style=\\\"font-weight: 400;\\\">.<\/span><\/p>\n<\/blockquote>\n<p><span style=\\\"font-weight: 400;\\\">Developer Mikhail Kalinin presented specifications for a &#8216;fast&#8217; merge of ETH1 and ETH2 shortly before Buterin. The co-founder of the first cryptocurrency noted that his proposals do not contradict them.\u00a0<\/span><\/p>\n<blockquote class=\\\"twitter-tweet\\\"><p>\\n<\/p>\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">It\u2019s been a while, but PR is opened. Everybody is welcome to collaborate! Let\u2019s work that through to get Ethereum Mainnet onto proof of stake<a href=\\\"https:\/\/t.co\/C9TOccXf3Y\\\">https:\/\/t.co\/C9TOccXf3Y<\/a><\/p>\n<p>\\n<\/p>\n<p>\u2014 Mikhail \ud83d\udc49\ud83d\udc48 Kalinin (@mkalinin2) <a href=\\\"https:\/\/twitter.com\/mkalinin2\/status\/1370029361932476417?ref_src=twsrc%5Etfw\\\">March 11, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p><span style=\\\"font-weight: 400;\\\">To speed up the process Kalinin proposed to \\&#8221;discard\\&#8221; most features and simplify the network. For example, delaying the ability to withdraw funds locked for staking. The developer did not rule out also delaying the launch of sharding. In that case, one could achieve a simplification of the merging of base features of the two blockchains.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">\u00a0<\/span><span style=\\\"font-weight: 400;\\\">According to Ethereum 2.0 lead developer Danny Ryan, in the next two weeks major project participants will discuss allocating resources for implementing this initiative. Along with Kalinin, Ryan is pursuing the &#8216;most minimalist merge&#8217;.<\/span><\/p>\n<blockquote>\n<p><i><span style=\\\"font-weight: 400;\\\">&#8220;Better to consider the simplest version of the upgrade and potential paths for deploying additional features. This will help manage complexity and risk&#8221;<\/span><\/i><span style=\\\"font-weight: 400;\\\">, \u2014<\/span><span style=\\\"font-weight: 400;\\\"> he added.<\/span><\/p>\n<\/blockquote>\n<p><iframe loading=\\\"lazy\\\" src=\\\"https:\/\/www.youtube.com\/embed\/s017DQlsCCw\\\" width=\\\"540\\\" height=\\\"304\\\" frameborder=\\\"0\\\" allowfullscreen=\\\"allowfullscreen\\\"><\/iframe><\/p>\n<p><span style=\\\"font-weight: 400;\\\">Earlier it was expected that the merge would occur around 2022 as part of Phase 1.5.<\/span><\/p>\n<blockquote class=\\\"wp-embedded-content\\\" data-secret=\\\"UHbW4djifZ\\\">\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/what-is-ethereum-2-0\">What is Ethereum 2.0?<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\\\"lazy\\\" class=\\\"wp-embedded-content\\\" sandbox=\\\"allow-scripts\\\" security=\\\"restricted\\\" style=\\\"position: absolute; visibility: hidden;\\\" title=\\\"\u00abWhat is Ethereum 2.0?\u00bb \u2014 ForkLog\\\" src=\\\"https:\/\/u1f987.com\/cryptorium\/chto-takoe-ethereum-2-0\/embed#?secret=N9M70hOYGt#?secret=UHbW4djifZ\\\" data-secret=\\\"UHbW4djifZ\\\" width=\\\"500\\\" height=\\\"282\\\" frameborder=\\\"0\\\" marginwidth=\\\"0\\\" marginheight=\\\"0\\\" scrolling=\\\"no\\\"><\/iframe><\/p>\n<p><span style=\\\"font-weight: 400;\\\">In the weeks before these events, Vitalik Buterin, on the Tim Ferriss Podcast, spoke about the forthcoming rollout of a second-layer solution called [simple_tooltip content=\u2019The technology bundles several transactions into one, reducing load on the main Ethereum network.\u2019] Rollups [\/simple_tooltip], developed by Optimism. This could happen &#8216;in a month&#8217;.<\/span><\/p>\n<blockquote>\n<p><i><span style=\\\"font-weight: 400;\\\">&#8220;If there are Rollups, but no sharding, throughput can still be increased by 100x. We still have the possibility to reach throughput from 1000 to 4000 TPS depending on their complexity&#8221;<\/span><\/i><span style=\\\"font-weight: 400;\\\">, \u2014<\/span><span style=\\\"font-weight: 400;\\\"> he said.<\/span><\/p>\n<\/blockquote>\n<p><span style=\\\"font-weight: 400;\\\">In January, the Ethereum layer-2 solution Optimism <a href=\"https:\/\/u1f987.com\/en\/news\/defi-project-synthetix-launches-ethereum-layer-2-solution-optimistic-ethereum\"><span style=\\\"font-weight: 400;\\\">launched the DeFi project Synthetix<\/span><\/a><span style=\\\"font-weight: 400;\\\">.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">In December 2020, Messari analysts noted that Layer-2 solutions based on Rollups would leave Ethereum, on its move to ETH2, out of reach for competitors <a href=\"https:\/\/u1f987.com\/en\/news\/messari-rollup-technology-will-keep-ethereum-out-of-reach-for-rivals\"><span style=\\\"font-weight: 400;\\\">out of reach for competitors<\/span><\/a><span style=\\\"font-weight: 400;\\\">.<\/span><\/p>\n<p>Subscribe to ForkLog news on <a href=\\\"https:\/\/vk.com\/forklogcom\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum co-founder Vitalik Buterin presented a mechanism for a fast merge of the current network with the Beacon Chain of version 2 of the protocol. The spark could have been miners&#8217; desire to &#8216;show strength&#8217; due to dissatisfaction with EIP-1559.<\/p>\n","protected":false},"author":1,"featured_media":38996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,46,1179,200],"class_list":["post-38995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-ethereum","tag-layer-2-solutions","tag-vitalik-buterin"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=38995"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38995\/revisions"}],"predecessor-version":[{"id":38997,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38995\/revisions\/38997"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/38996"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=38995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=38995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=38995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}