Researcher Says Ethereum 2.0 May Be Delayed — Increasing Risk to ETH Bulls

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One of the biggest Ethereum narratives over the past few months is ETH 2.0. For those that are unaware, Ethereum 2.0 is a new version of the network that will dramatically improve usability, bandwidth, and speed. Developers intend to accomplish this by implementing technologies like Proof of Stake and sharding. At the Ethereum Asia Supermeetup in March 2019 in Hong Kong, Vitalik Buterin explained: “[It is] a way to bring technical improvements, like PoS and sharding, together to improve the Virtual Machine, Merkle Trees, the efficiency of the protocol, and a whole bunch of small technical things that you have never heard of.” Because of the changes it will implement, the upgrade has been deemed one of ETH’s most bullish catalysts. If you ask many investors in the cryptocurrency, in fact, many will cite the upgrade as the reason they are investing. Yet the Ethereum bull case was just dealt…

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