Vitalik Says Research For Ethereum 2.0 Was Actually Ready For A Year Now Much Before $30M Funding

The Ethereum Foundation recently published a detailed blog post where they described how $30 million in funding would be budgeted for the development of the network. This included funding for the development of layer-2 scaling solution Plasma, Ethereum 2.0, smart contract languages, and ecosystem expansion, among many other priorities.

Ethereum co-founder, Vitalik Buterin, has said that all of the research breakthroughs required for Ethereum 2.0 has been in place for about a year, in response to a tweet by Adamant Capital founding partner Tuur Demeester, who questioned if money alone could bring about the changes required

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