Is ETH 2.0 here?

Shard Chains represent a crucial phase in the scalability journey of Eth2. It is anticipated that this phase will roll out in late 2022. This innovation aims to significantly bolster Ethereum's capacity for storing and accessing data.

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Despite their enhanced storage capabilities, shard chains will not be utilized for executing code. This limitation underscores their specific role in the Eth2 ecosystem, which is focused on addressing scalability challenges related to data handling.

The Eth2 development community had high expectations for shard chains, but they were somewhat unprepared for the rapid advancements in Layer 2 solutions. Notably, Rollups emerged as a prominent Layer 2 solution in 2021.

Rollups have demonstrated remarkable progress, challenging the initial projections for shard chains' timeline and impact. This rapid evolution underscores the dynamic nature of the blockchain industry and the competitive drive to solve scalability issues.