Ethereum 2.0 Final Testnet Set to Launch on August 4. The final public testnet for ETH 2.0 aims to launch just two weeks from now.
Ethereum 2.0, also called Eth2 or ‘Serenity’, is the next upgrade to the Ethereum blockchain. Ethereum 2.0 will be released in multiple “Phases” starting in 2020 with Phase 0. Each phase will improve the functionality and performance of Ethereum in different ways.
Despite this, while Ether is clearly a competitor to Bitcoin, bearing in mind that the combined market capitalisation of both is way south of the market capitalisation of some of the world’s biggest companies, there is room for both at present, and for now, Ethereum won’t “overtake” Bitcoin.
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