At the moment Ethereum "2.0" is a scheme to manipulate the market price of ethereum by printing a whole bunch of additional ethereum out of thin air and awarding it to people who lock up their funds completely out of circulation for an unspecified time (considering that this "launch" is now years after the the original claims, the claimed >1 year should not be read as strong evidence of only one year).
Because the new system is completely unusable there was absolutely no legitimate purpose to start this lockup at this time as a public system rather than just some fake-money test network.
Once (if?) it becomes usable it will have the additional ultimate property of further enriching the beneficiaries of Ethereum's 72 million coin pre-mine, since those super large positions are effectively illiquid (can't sell more than a small share without crashing the price), its low risk for those parties to place large amounts in lockup.
The concept of "proof of stake" has fundamental soundness problems which have not been addressed except by obscuring it with deceptive obfuscation and protecting it against peer review through sheer complexity. https://download.wpsoftware.net/bitcoin/pos.pdf
Because the new system is completely unusable there was absolutely no legitimate purpose to start this lockup at this time as a public system rather than just some fake-money test network.
Once (if?) it becomes usable it will have the additional ultimate property of further enriching the beneficiaries of Ethereum's 72 million coin pre-mine, since those super large positions are effectively illiquid (can't sell more than a small share without crashing the price), its low risk for those parties to place large amounts in lockup.
The concept of "proof of stake" has fundamental soundness problems which have not been addressed except by obscuring it with deceptive obfuscation and protecting it against peer review through sheer complexity. https://download.wpsoftware.net/bitcoin/pos.pdf