Ethereum Foundation dropped the term ETH2
Ethereum developers will no longer refer to the next-generation protocol as ETH2.0. This is announced on the official website of the Ethereum Foundation. According to the published announcement, ETH2.0 will no longer be referred to as the "consensus layer." ETH1.0 will become an "execution level."
According to the developers, the decision to rebrand is driven by a "broken mental model for new users." For example, newcomers to the ecosystem may mistakenly believe that the execution layer will cease to exist with the launch of the consensus layer.
"By removing the term Eth2, we will spare all future users from having to navigate this confusing mental model," the developers said.
The Ethereum Foundation also noted that the confusion over terminology has opened the door to fraudulent schemes. Attackers offer to exchange ETH cryptocurrency for tokens labeled "ETH2.
