Ethereum (available on Coinbase) 2.0 is closely approaching. The blockchain project has just launched its first pre-release for phase zero of the network’s transition to the new and improved Ethereum (available on Coinbase) (ETH). Yesterday, Ethereum (available on Coinbase) published a new post on its Github releasing the details of the pre-release.

Ethereum (available on Coinbase) 2.0

The new post explains:

“[This] marks the first release in a series of weekly releases through February 2019. Phase 0 in v0.1 is relatively feature complete and approaching stable. Subsequent changes will occur on dev branch and only merged into master during a release accompanied by a changelog.”

Ethereum (available on Coinbase) 2.0 is also known as Serenity. This is the system’s final upgrade as the entire system shifts from Proof-of-Work (PoW) to Proof of Stake (PoS). The devs behind Ethereum (available on Coinbase) have been steadily working on a solution to switch from PoW to PoS since 2015.

Now it seems the project has a clear plan. Serenity represents the last in a series of four stages set out in the platform’s new roadmap. Currently, the network is in its third development stage. In this stage, there were two system-wide hard forks—Constantinople and Byzantium. Both of these upgrades were to pave the way for Ethereum (available on Coinbase) 2.0. Serenity’s release date is still TBD.

The latest upgrades didn’t come without issue. In Constantinople’s release, a vulnerability issue was immediately discovered and dealt with.

Ethereum (available on Coinbase) 2.0 Buzz

Today marks the very first ETH2.0 version release. Congrats everyone! 🎉
— Terence Tsao (@terenc3t) January 31, 2019