Ethereum 2.0 Deposit Contract Primed to Launch: ConsenSys Programmer
Ethereum’s 2.0 (ETH2) upgrade is expected to begin to roll out in the near future. The upgrade has long been awaited by crypto investors across the industry, with it facing a number of delays. There was a scare a number of weeks ago after a testnet for Ethereum 2.0 failed to launch properly due to […]
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There's buzz that the Eth 2.0 deposit contract appears to have been deployed but there has been no official announcement. Excitement is stirring in the Ethereum community after the deposit contract was apparently posted on Github, however the lead developers are yet to officially confirm the deployment.Ethereum developers have warned in the past about the danger of fake deposit contracts, so users should not send any Ethereum to the contract until after an official announcement. The repository on Github was posted a few hours and appears to have been uploaded by Ethereum Foundation....
The Ethereum-centric and decentralized protocols software firm Consensys has announced the launch of TURN token, or “Time-Unit Representative NFTs.” Consensys details that TURN tokens will create a new market for tokenized security auditing via Consensys Diligence, the firm’s smart contract audit service. Consensys Diligence to Launch TURN Tokens in Mid-August From August 15th to the 19th, Consensys disclosed a token sale will take place that will feature the company’s TURN token, which stands for “Time-Unit Representative NFTs.” The....
An Ethereum 2.0 developer predicts the protocol’s deposit contract will be released in a matter of days, and that ETH 2.0 staking will go live this year. ConsenSys developer Ben Edgington has published an update that predicts the ETH 2.0 beacon chain genesis will happen within the next six to eight weeks.In a post announcing the launch of ‘V1.0.0 release candidate 0’, Edgington revealed the protocol’s deposit contract address feature should be announced this week. The deposit contract allows ETH to be sent between Ethereum and ETH 2.0, and is one of the few remaining updates needed to....
The Ethereum 2.0 deposit contract is open. How are things progressing, and what comes next? On Nov. 4, Ethereum (ETH) core developers hit a significant milestone. In a “quick update” on the Ethereum Foundation blog, developer Danny Ryan confirmed the release of the v1.0 specs for the hotly anticipated Ethereum 2.0 upgrade, which includes the mainnet deposit contract address. Anyone who wants to participate as a validator on the Ethereum 2.0 mainnet can now start depositing their minimum stake of 32 ETH.The initial results looked promising, with 14,000 ETH (worth around $5 million) staked....
The latest Q3 DeFi report from ConsenSys expresses concern about DeFi’s threat to ETH 2.0 staking The rise of DeFi and high yielding liquidity provision opportunities could act as a barrier to participation in staking when ETH 2.0 Phase 0 finally launches according to a new report.The ConsenSys Q3 DeFi Report has taken a deep dive into emerging trends and warns that staking on Ethereum’s forthcoming Beacon Chain may be limited by better earning opportunities on decentralized finance protocols.ConsenSys believes it’s likely that Phase 0 of the ETH 2.0 upgrade will launch before the end of....