Author: Brother Future
secondary title
secondary title Possible phenomena after ETH2.0 phase 0 goes online Hypothetical possible positive phenomena: The market actively participated in the construction of the beacon chain, and the 0 phase was successfully launched, and a large number of ETH participated in staking, which further increased the transaction popularity and price of ETH in the secondary market. Traditional mining pools and exchange mining pools have launched ETH 2.0 staking functions due to hot spots, and cooperated with media publicity to attract ETH investors and fans to indirectly lock positions to participate in the construction, thereby achieving the effect of increasing the popularity of Ethereum transactions. Phase 0 attracts a large number of developer organizations and community developers to participate, which further accelerates the development speed, thereby quickly entering phase 1, and making the shard chain go online in advance. Waiters in the market will further increase their expectations for ETH 2.0 (too positive assumption) Along with BTCs attraction to traditional institutions to store value, it will allow more institutions to participate in the construction of decentralized high-performance Dapps and game development. Hypothetical possible negative phenomena: Since the ETH 2.0 deposit contract cannot be transferred and withdrawn in advance, the interest of the participants has decreased. Some people did not know this mode in advance and participated impulsively, and the phase 0 stage was delayed. After the start, the development progress was slow, which led to negative voices in the market, and the ETH secondary market experienced a large-scale decline. The development is too slow, delayed by two years than expected, ETH has entered a relatively sluggish trend, and the sharding technology is still stuck in the ideal. The verification under the PoW mode of ETH is successful and feasible, but whether there will be centralization and the necessity of a centralized development organization under the PoS mode remains to be verified. Because the relatively healthy development of PoS projects is maintained by teams with relatively concentrated chips behind them, the PoW model generally does not need to consider this. The blockchain projects with excellent performance in the market have undergone major upgrades and cooperation. In 1-2 years, it is easy for Algorand, Cardano, Polkadot, Near and other high-performance public chains to have the opportunity to overtake. Algorand made a mistake due to the small amount of initial auctions. , leading to the trend and promotion of the secondary market at a relatively hidden level. However, judging from the 2020 compliance cooperation between the SOV national digital currency and USDC, which is the only public chain other than ETH, it is very likely that there will be larger-scale cooperation in the two years from 2021 to 2022, which will lead to a shift in market attention. (However, ETH is still the most concerned project in the current community) https://ethereum.org/en/eth2/deposit-contract/ https://etherscan.io/address/0x00000000219ab540356cbb839cbe05303d7705fa Note: This part is based on assumptions and conjectures, not the prediction of inevitable phenomena, please readers know
ETH2.0 upgrade content and planning
