Quantstamp Labs

Ethereum 2.0, a long-awaited upgrade to Ethereum, is planning to be launched this year. More than a simple update or hard fork, it is an entirely new blockchain which runs on a Proof-of-Stake system. There’s a lot of talk and speculation about Ethereum 2.0. In this post, we highlight 5 easily held misconceptions about this next stage of Ethereum.

Most information about ETH 2.0 development is either highly technical or excessively general. We wrote this post to clear up any confusion regarding the status of ETH 2.0 development.

Tests are undervalued. Quantstamp secured over 2 billion USD worth of digital assets since 2017. Through our experience securing smart contracts, we noticed that developers highly underestimate the importance of test suites.

This post discusses how flash loans, zaps, and DeFi aggregators are leveraging composability in order to simplify the user experience and ultimately make DeFi markets hyper-efficient.

The recent Istanbul hard fork in December affected some important smart contracts deployed on Ethereum mainnet. Thankfully, major projects such as Kyber were prepared and migrated to new contracts before the fork, but many developers are still unaware of the impact the Istanbul hard fork may have on both smart contract development and previously deployed contracts.

A comprehensive test suite can prevent developers from accidentally merging functionality bugs into the master branch.