In line with a recently held Ethereum core developers ‘meeting‘, the codes for the ‘ETH‘ blockchain’s primary-stage transition to a PoS [Proof-of-Stake] consensus algorithm can be completed by 30th June.
In a bi-weekly decision, Ethereum researcher named ‘Justin Drake’ ‘stated‘ that the developers team expects to arrange code specifications for the phase zero by the end of June, this year.
Explaining further, Drake added:
“We’re still very much heading in the right direction. Still, [code] simplifications are coming through, which is although great and thereby the process of fine combing is additionally for searching these final bugs.”
Also referred to as ‘Beacon Chain‘, the phase zero shift is a a part of a major network transition to Ethereum 2.0, and is about to launch a new modified block validation system where the key role on block proposals belongs to validators rather than the miners.
Phase zero was initially ‘revealed‘ in its initial pre-release phase earlier in the month of January, this year.
Meanwhile, ‘sharding‘, the 2nd upcoming major part of the Ethereum network update, ‘represents‘ a major scalability feature that splits up the transactions processing in-between smaller sections of nodes to increase the capability of the ‘blockchain‘.
Just recently, Ethereum [ETH] core developer named ‘Hudson Jameson’ proclaimed that a 3rd-party audit of the ASIC [Application Specific Integrated Circuit] resistant PoW algorithm ‘ProgPoW’ was fully funded.
Also within a previous ‘meeting‘, developers also considered implementing additional frequent and smaller hard-forks.