ETH 2.0 set to launch Dec. 1 after late surge in deposits
Ethereum’s beacon genesis event is set to take place on Dec 1, with the ETH 2.0 deposit contract reaching more than 94% of its target with just 12 hours to go. Update: The threshold was crossed just after 2.20am Universal Time on November 24. ETH 2.0’s Phase 0 launch looks all but certain for Dec. 1, with the number of Ether transferred to the ETH 2.0 deposit contract snowballing as today’s deadline approaches.As of this writing, nearly 499,000 of the 524,288 Ether required to secure the Dec. 1 beacon chain genesis has been deposited into ETH 2.0’s deposit contract, with 11 hours remaining....
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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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