ETHEREUM BULLISH NEWS | ETH 2.0 UPDATE - News-Credit-Mortgage-Coin

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Tuesday, October 20, 2020

ETHEREUM BULLISH NEWS | ETH 2.0 UPDATE




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ETHEREUM BULLISH NEWS | ETH 2.0 UPDATE 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 facilitate the roll-out of ETH 2.0 phase 0. To complete phase 0’s launch, 500,000 Ether will need to be locked for staking after the beacon chain goes live, followed by a week-long genesis delay to give the network time to prepare.

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