Since the release of Ethereum it has had significant development plans. From the early days of Ethereum the developers knew that it has magnificent growing potential as more users utilize it. Knowing that, a future development plan was created as follows:
- Frontier– testing of a platform that would support decentralized apps and also smart contracts.
- Homestead– Ethereum Virtual Machine process formalization, ecosystem consolidation for the smart contract further development.
- Metropolis– Incoming probleem solving- Ethereum will be available to large-scale applications and stronger performance for all users. Byzantium– Laying the foundation. Constantinople– Improving performance and setting timeline for next step serenity.
- Serenity — the goal for Ethereum is to eventually be self-sufficient while still maintaining the high-level security of the blockchain.
