The great renaming: what happened to Eth2?

Artem

MiniBTC Team
Staff member
Moderating
WMBTC
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Ethereum is a protocol undergoing significant changes. Client teams are upgrading the protocol to scale to meet global demand while improving security and decentralization. Beyond protocol development, a critical shift in Ethereum has been the movement away from ‘Eth1’ and ‘Eth2’ terminology. As of late 2021, core developers stopped using the terminology, preferring ‘execution layer’ and ‘consensus layer’, respectively. Today, as highlighted in our Q1 roadmap, ethereum.org makes the same shift.

Screenshot_20220125-110647_Gallery.jpg

  • Eth1 → execution layer
  • Eth2 → consensus layer
  • Execution layer + consensus layer = Ethereum

Let’s explore why.

Tl;dr;
  • The terms Eth1 and Eth2 (Ethereum 2.0) are being phased out
  • Execution layer (Eth1) and consensus layer (Eth2) are the new terminologies
  • The roadmap to scale Ethereum in a decentralized way remains the same
  • You don’t need to do anything.

Where did Ethereum 2.0 come from?

Ethereum always had, as part of its roadmap, plans to scale the network in a decentralized way and to transition to proof-of-stake. Early on, researchers worked on these efforts separately, but around 2018 they were combined into a single roadmap under the “Ethereum 2.0” umbrella.

As part of that roadmap, the existing proof-of-work chain (Eth1) would eventually be deprecated via the difficulty bomb. Users & applications would migrate to a new, proof-of-stake Ethereum chain, known as Eth2.

The article The Roadmap to Serenity by ConsenSys explains how things stood as of early 2019.

What changed?

As work began on the Beacon Chain, it became clear that the phased Ethereum 2.0 roadmap would take several years to deliver fully. This led to a revival of research initiatives on the proof-of-work chain such as Stateless Ethereum, a paradigm that would remove the untouched state from the network to bound its growth rate.

The increased focus on making the proof-of-work chain long-term sustainable paired with the realization that the Beacon Chain would be ready much earlier than other components of the Ethereum 2.0 roadmap led to an “Early Merge” proposal. This proposal would launch the existing EVM chain as “Shard 0” of the Ethereum 2.0 system. Not only would this expedite the move to proof-of-stake, but it would also make for a much smoother transition for applications, as the move to proof-of-stake could happen without any migration on their end.

Shortly after this proposal, Danny Ryan explored how we could accomplish this by leveraging the existing Eth1 clients in his Eth1+Eth2 client relationship post. This would massively reduce the development work required to deliver a post-merge system and leverage existing clients, which had been battle-tested for years on Mainnet. Around the same time, research on rollups as a viable and secure way to scale Ethereum proved promising. Instead of waiting on a complex, uncertain scaling solution years away, we could shift the focus towards scaling via rollups instead of sharded execution.


Why can’t we just use Eth2?
Mental models

One major problem with the Eth2 branding is that it creates a broken mental model for new users of Ethereum. They intuitively think that Eth1 comes first and Eth2 comes after. Or that Eth1 ceases to exist once Eth2 exists. Neither of these is true. By removing Eth2 terminology, we save all future users from navigating this confusing mental model.

Inclusivity

As the roadmap for Ethereum has evolved, Ethereum 2.0 has become an inaccurate representation of Ethereum’s roadmap. Being careful and accurate in our word choice allows content on Ethereum to be understood by the broadest audience possible.

Scam prevention

Unfortunately, malicious actors have attempted to use the Eth2 misnomer to scam users by telling them to swap their ETH for ‘ETH2’ tokens or that they must somehow migrate their ETH before the Eth2 upgrade.

We hope this updated terminology will bring clarity to eliminate this scam vector and help make the ecosystem safer.

Staking clarity

Some staking operators have also represented ETH staked on the Beacon Chain with the ‘ETH2’ ticker. This creates potential confusion, given that users of these services are not actually receiving an ‘ETH2’ token. No ‘ETH2’ token exists; it simply represents their share in that specific providers’ stake.

How does this update change the Ethereum roadmap?

It doesn’t! It’s important to understand that this renaming represents a change in naming only. The features on Ethereum’s current roadmap (i.e. the merge, sharding) and future features will still happen on the same timeline.
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