Frustrations Over Ethereum 2.0 Delay Eased by Matic Testnet Speed

Matic Network, the Layer 2 scaling solution for Ethereum, revealed the results of their Counter Stake testnet stress testing. In a recent Reddit AMA, Ethereum Foundation Researcher, Justin Drake, gave a tentative date of January 3rd, 2021, for the Phase 0 rollout.

In a follow up to Drake’s update, Ethereum Co-founder, Vitalik Buterin, said he wants a Phase 0 launch well before that date, even if it isn’t ready. Matic Network is “Ethereum 2.0 Right Now” As Buterin and the Ethereum community continue piling pressure on developers, Matic’s recent achievements, in launching staking, and now concluding the Counter Stake testnet, provide some relief.

Timeline of Ethereum