Andrew Keys, the co-founder of the blockchain company ConsenSys, is convinced Ethereum’s Serenity update will be launched by the end of 2020, even though a large part of the development community remains skeptic on the issue, Cointelegraph reports on January 12th.
Keys shared his views in a recent post to the ConsenSys website saying “2020 will see Ethereum move stridently beyond Phase 0 of Ethereum 2.0, onto Phase 1 and the launch of shard chains.” and adding he also believes that the development of Serenity “will turbocharge Ethereum” and bring it “towards 2.0 levels of scalability at layer one.”
The slow pace of Ethereum upgrades has become somewhat of a meme in the crypto community. With the latest upgrade to the network leaving out an important delay of the upcoming difficulty bomb, we've seen two updates take place in a short period of time, causing some issues with entities that haven't followed through with the updates. In cases such as these, going against the popular consensus isn't exactly a foolproof prediction and the co-founder of ConsenSys is more likely to get disappointed than proven right by the end of 2020.