ETH Serenity release is not in July, developers dismiss the rumor


ETH Serenity release is arguably the next big event highly-anticipated in the cryptocurrency Industry. Rumors had it that the major upgrade will be done in the next two months; however, Ethereum developers have dismissed such sentiments as miscommunication.

ETH Serenity release date attributed to Buterin

Probably, the whole rumor concerning the Ethereum 2.0 launch had begun after Afri Schoeden, one of the core developers of Ethereum allegedly disclosed the active state of the “Schlesi” testnet. Afterward, rumors started claiming a possible launch of the mainnet in mid-July.

The speculation was recently fuelled by the statement of the co-founder of Ethereum, Vitalik Buterin, during the virtual Consensus 2020 conference. Reports allegedly noted that Buterin gave a ‘yes’ for an answer on whether Ethereum 2.0 would be launched in July.

Speculating on ETH Serenity release not helpful

In a tweet, Schoeden dismissed these speculations as a miscommunication. While referring to Buterin, the Ethereum developer said that it isn’t helpful to put out dates [for Ethereum 2.0 launch] during panels and on stages. Although Schoeden claims he hasn’t seen the tweet, he still does not think that Buterin mentioned July.

Buterin also confirmed Schoeden’s statement. He responded to the tweet by saying that he did not mention July. Although the question asked by the journalists confirmed July, the co-founder of Ethereum commented he did not even hear the question.

Why the delay?

Part of the issues raised by the developers was pointed towards the testnet, which has not been launched yet. Schoeden said the testnet is not ready, and would still require a period of two months of a flawless run before being passed on to the Mainnet.

The multi-client testnet framework is considered as a critical path to Serenity. Hence, it is arguably not possible that the Ethereum 2.0 launch would be in July.

Ibiam Wayas

Ibiam Wayas

Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general public. He loves to associate with like-minded individuals and collaborate with them on similar projects. He spends much of his time honing his writing and critical thinking skills.

Related News

Hot Stories

How to stake Verasity (VRA): What's the 2,500,000,000 reward capacity?
Singapore’s crypto lender Hodlnaut shuts down
How to Stake on Kraken: Earn Up to 23% APY On Your Crypto
Go Around the World with 1xBit and Win Crypto
Bitcoin, Binance Coin, ApeCoin, and Decentraland Daily Price Analyses – 8 August Morning Price Prediction

Follow Us

Industry News

Singapore’s crypto lender Hodlnaut shuts down
Celsius withdraws motion to rehire CFO at $92,000 a month
Crypto.com earns license of operation in South Korea
Elon Musk drags Twitter to court for fraud
Binance CEO Urges To Move Funds From WazirX To Binance