Ethereum 2.0 Likely to Happen as Tens of Millions Sent to Deposit Contract
Ethereum 2.0 seems to be confirmed to happen soon as deposits in the contract spike. Ethereum 2.0 Nears as Deposits Spike There is now 80% of the ETH needed to launch the upgrade by December 1st, as Etherscan shows. For some more context, there needs to be 524,000 ETH in the contract for the upgrade to take place on the planned launch date. Large whales and a number of smaller investors have deposited a large […]
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Ethereum 2.0’s deposit contract is now live, heralding the imminent unveiling of the "world computer's" second act.
More than 500,000 ETH have been locked into Ethereum 2.0's deposit contract, kick-starting the network's major, multi-year development phase.
Researchers are waiting on a final audit of a critical crypto library before releasing the deposit contract, Ethereum Foundation researcher Danny Ryan said.
The deposit contract for Ethereum’s 2.0 upgrade now holds over 50k ETH – 10% of the threshold needed to activate the watershed update.
Exchanges may consider markets for “Beacon chain ether” – that is, ether that’s been staked in the Ethereum 2.0 deposit contract.