Ethereum 2.0 has successfully launched. The initial stage of the blockchain's Serenity upgrade, known as Phase 0, involved the deployment of Ethereum's Beacon Chain. The update sees Ethereum begin its move to a proof-of-stake (PoS) mechanism in which validators staking at least 32 ETH are rewarded interest for providing security to the...
ETH has moved back to bullish. Ethereum's native currency suffered a minor retrace last week, dipping below $500 following a violent surge above $600. Bitcoin also took a hit. Some...
The year 2020 was fruitful for notable crypto events: Bitcoin halving, whole crypto market bull run, the rise of the DeFi sector and so long-awaited Ethereum 2.0 release. We’ve prepared Ethereum 1.0 essentials and explained what Ethereum 2.0 is going to surprise the crypto industry this year. Ethereum 1.0 Main Problems Launched in 2015, Ethereum blockchain was aimed to bring the new Internet...
The deposit contract for the network's long-awaited ETH 2.0 upgrade passed its minimum threshold of 524,288 ETH yesterday, meaning that Ethereum's Beacon chain will be deployed as planned at 12 pm UTC on Dec. 1. Ethereum 2.0 Ready for Liftoff The contract needed to meet the minimum of 16,384 validators seven days ahead of deployment,...
The deposit contract for Ethereum 2.0 has hit 60% of its target. 315,616 ETH has been deposited to the contract at the time of writing, equating to roughly 60% of the minimum target of 524,288 ETH. The contract needs 16,384 validators to deploy as planned, with ETH holders must deposit a minimum of 32 ETH to participate....
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