Ethereum 2.0: Ethereum's bumpy road
Ethereum seems to be a bit unlucky these days.
First, the full launch of Ethereum 2.0 seemed to have to be postponed due to technical difficulties, and then members of the original founder team of Ethereum chose to cash out in such a downturn.
These have made many friends very worried about whether Ethereum has a future. Will its future come as planned by Vitalik?
Li Xiaolai also expressed his views on Ethereum in two paragraphs in his recent article "Some Friendly Reminders on the Application of Blockchain":
"In history, the most notorious example is Ethereum. After the self-righteous ground went online, a system loophole appeared soon, so it had to be "hard forked", leaving behind a so far no one knows what it can be used for, and finally 'Ethereum Classic' (ETC) only to be played by speculators"
"It is said that in 2020, Ethereum will switch from POW to POS - then the current chain will become another ETC... As for so many things on Ethereum now? The project side's statement is very fancy, and the translation is " How do I know what to do? I can't take care of it... I don't care! "
Both of Li Xiaolai's comments are technically inaccurate.
Li Xiaolai said that the hard fork in the history of Ethereum was the famous attack on The DAO. Many people talked about this incident, and they still think that it was attacked because of problems with Ethereum itself, but in fact it was because of problems with The DAO smart contract (not Ethereum) that hackers seized the opportunity. It's like a drunk driver getting into an accident with a Volvo that's been praised for its safety. The driver, not the car, must be at fault.
Since The DAO was once highly anticipated, the entire community could not accept it emotionally after being hacked, so Vitalik had no choice but to lead the hard fork of Ethereum, leaving this eternally controversial in history. event.
When Ethereum 2.0 shifts from POW to POS, the current Ethereum, that is, Ethereum 1.0, will not become another ETC as Li Xiaolai said, but there are already many solutions. The latest solution given by Vitalik is to turn the current Ethereum into a part of Ethereum 2.0, rather than abandoning the current Ethereum, so there is no so-called "don't care about it" or "don't care about it".
The possibility of Ethereum 2.0 being delayed due to technical difficulties has always been something that I think is very likely. Last year, when some members of the Ethereum community optimistically estimated that Ethereum 2.0 might be fully launched by the end of 2021, I once wrote a special article thinking that if this is the case, it will be a very fortunate thing, but now it seems too optimistic up.
As for the former founding members who sold Ethereum at such a low price, many investors think that even the core members have sold. Is this a prelude to the end of the project?
I don't think there's much to worry about. Since the development of Ethereum, the core team has been rotated many times, and it has little relationship with the earliest founding team.
The blockchain public chain is an open source project, and the so-called open source means freedom and tolerance. Anyone can join or leave at any time. The same is true for Ethereum. In the development process of Ethereum, its concept is constantly being updated. There will inevitably be former fellows who do not agree with the concept behind it, and there will inevitably be new fellows who agree with the concept behind it. Those who disagree will sell it if they are not optimistic about its future, and those who agree will buy it if they are optimistic about its future. Both phenomena are normal.
Does Ethereum have a future? The most important thing about investment projects is to look at people.
Ma Yun said that he would rather invest in second-rate projects and first-rate teams than invest in first-rate projects and second-rate teams. Why? Because a first-rate team can make a second-rate project first-rate, and a second-rate team can screw up a first-rate project.
The same is true for Ethereum. Although Ethereum is an open source project, with many teams developing it jointly, there is no doubt that Vitalik is the core of this project, the spiritual leader, and the direction and philosophy of Ethereum at the helm. He has a decisive influence on the development of Ethereum, so how Vitalik behaves will definitely affect the future of Ethereum.
I have been in contact with Vitalik on many occasions, and I have also met the leaders of other projects on many occasions, but Vitalik has always had a temperament that is rare in other project leaders, that is, he has a persistence and innocence in the pursuit of ideas and technologies.
On any occasion, as long as someone talks to him about technology, he will immediately talk endlessly; he personally answers and discusses questions raised by group friends in Chinese in various communities, including the Chinese WeChat group of Ethereum 2.0; In his spare time he is also heavily involved in the development of the Ethereum source code.
This kind of persistence and this kind of enthusiasm make me admire from the bottom of my heart.certainly,
certainly,The future is bright, but the road is always tortuous. The future of Ethereum is not destined to be smooth, it will definitely experience strong winds and waves, even stormy waves, but I believe that there must be a firm force in the dark to push this big ship forward and lead this big ship to ride the wind and waves.
