The What, the Why, and the How of 0xBitcoin:

Are you joking? Everything on 0xbtc updates with eth

Also post evidence eth2 will be separate please

docs.ethhub.io/ethereum-roadmap/ethereum-2.0/eth-1.0-to-2.0-migration/

>In the long term, the plan is to roll the PoW state into one of the shards
this won't happen™

Will you volunteer to pay the state rent?

and even if it will, ERC20s will likely be stuck on the PoW chain for years

thanks for providing source materials. so isn't your claim actually contradicted by your sources?

youtube.com/watch?v=Ag1o3koTLWM

He doesn't know....

>The 0xbtc smart contract will be stuck on the Eth1 PoW chain. The current Eth2 plans do not foresee a transition of legacy smart contracts to the new PoS chain. As the foundation withdraws support for the old chain, 0xbtc will become worthless.

i think you have this wrong. from what i understand, the plan/hope is that ethereum 1.0 will just be a shard in ethereum 2.0. so ethereum 2.0 contracts will be able to interact with ethereum 1.0 contracts.

it seems like the ethereum foundation has to manage to do that somehow. imagine how many erc-20s would be completely screwed if ethereum foundation just abandoned 1.0. doesn't seem likely.

some people might want to get a movement going to migrate 0xbitcoin to a new contract on 2.0, assuming ethereum 2.0 has any visibility into ethereum 1.0. it could be completely decentralized. burn your tokens on the 1.0 shard, receive the "same" tokens on the new contract running on some 2.0 shard. this wouldn't be without potential political problems, but not as bad as a fork (since the old tokens would be burned).

anyway, as far as many people have said so far, ethereum 1.0 will just be a shard. if you don't think that will happen, i'd like to know why.