Conservative Approach to a Radical Roadmap by Sunny Aggarwal (Devcon5)

Fri, Oct 2, 2020, 12:00 AM

Visit the https://archive.devcon.org/ to gain access to the entire library of Devcon talks with the ease of filtering, playlists, personalized suggestions, decentralized access on IPFS and more. https://archive.devcon.org/archive/watch/5/a-conservative-approach-to-a-radical-roadmap The current Ethereum 2.0 roadmap is doing a lot of great work on many fronts such as research on VDFs, data availability proofs, and multi-execution environments. However, as an active observer of the Ethereum 2.0 roadmap development over the past 2 years, I am concerned with some of the choices in roadmap strategy, particularly its approach to radically transforming a network with over $30B of value and hundreds of applications depending on it. In this talk, I will present an alternative, more conservative view of how to approach the Ethereum 2.0 roadmap. Some of the topics covered will include: - Radical vs Conservative technological upgrade paths. - We should use Ethereum 1.x as the beacon chain instead of launching a new beacon chain. - Proof of Stake is highly experimental. We should test Proof of Stake on shards before using it on the beacon chain. - Why requiring a 1-way peg burn of ETH to stake is scary. - Learnings from 3 months of Proof of Stake on Cosmos - Why we NEED delegation *in-protocol* - Why sharding doesn't solve social scalability. Speaker(s): Sunny Aggarwal Skill level: Beginner Track: Consensus layer Follow us: https://twitter.com/efdevcon, https://twitter.com/ethereum Learn more about devcon: https://www.devcon.org/ Learn more about ethereum: https://ethereum.org/ Devcon is the Ethereum conference for developers, researchers, thinkers, and makers. Devcon 5 was held in Osaka, Japan on Oct 8 - 11, 2019. Devcon is organized and presented by the Ethereum Foundation, with the support of our sponsors. To find out more, please visit https://ethereum.foundation/