Eth 2.0

Ethereum 2.0 Deposit Contract Secures Enough Funds to Launch

The smart contract required for triggering the first phase of Ethereum 2.0 has enough funds to begin activation of Ethereum’s most ambitious upgrade yet, which will radically shift Ethereum’s economic model, resource usage and governance. The Ethereum 2.0 deposit contract, which was released in early November, has accrued more than 540,000 ETH ($300 million) late …

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ETH 2.0 Scheduled for December, Vitalik Deposits $1.4M Worth of Ether Into Phase 0 Contract

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/398592″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/11/lottery_exclusive_728x180_copy2-3.jpg” alt width=”728″ height=”180″></a></div><strong>This December the cryptocurrency community may see the first introductory phase of the highly anticipated Ethereum 2.0 consensus change. On Wednesday, the Ethereum Foundation published <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/ETH” target=”_blank” rel=”noopener noreferrer”>ETH</a> 2.0 specifications explaining how the genesis phase …

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Ethereum 2.0 Deposit Contract Release Kicked Back Until November

The Ethereum 2.0 deposit contract is a few weeks away at least, according to Ethereum Foundation researcher Danny Ryan. Speaking Thursday on the Bankless podcast, Ryan said the deposit contract won’t go live until it receives a thumbs up on an audit of a critical crypto library, BLST, performed by cryptography audit firm NCC Group.  …

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Validators Drop Off Ethereum 2.0 Testnets as Mainnet Release Looms

If testnet participation is any indication, Ethereum 2.0 validators are itching for the real thing as the network kickoff looms. That’s echoed by the more recent Zinken testnet, which has just under the 66% needed to function properly as of Monday, according to beaconcha.in. Those testnets – meant to practice the launch of Eth 2.0’s …

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Will a Sharded Ethereum Be Flexible Enough for Decentralized Finance?

“Money legos” might be an apt metaphor for what decentralized finance (DeFi) does, but since the summer another one has applied: jackpot. Money legos is the term used to describe the way Ethereum allows different financial services to be plugged into each other, also known as composability. That used to be mostly a buzzword, but …

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Declining ETH Gas Cost Still Higher Than BTC Fees: Supporters Insists ETH 2.0 to End High Fee Woe

Ethereum network gas fees that averaged $15.13 on September 2 have been declining in the past four days ending the day at $3.43, according to Token View charts. At that cost, ethereum fees are still ahead of those on the Bitcoin network that averaged $2.75 on September 6. The highest average daily fee on the …

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Everything You Need to Know About Ethereum 2.0

Ethereum 2.0 is coming.  The yearslong upgrade – intended to radically transform the world’s largest smart-contract platform – is inching closer to deployment. The Ethereum Foundation recently announced “Medalla,” a final testnet before the mainnet launch of the Eth 2.0 beacon chain. As of July 10, some developers, including Ethereum founder Vitalik Buterin, estimate the oft-delayed …

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Six Crypto Heavyweights Join ETH 2.0 Staking Trial

Six high-profile crypto firms will participate in an ETH 2.0 staking pilot project using the ConsenSys Codefi platform. On June 17, ConsenSys tweeted that cryptocurrency exchanges Binance and Crypto.com, digital asset custody providers Trustology, Matrixport, and Huobi Wallet, and investment firm DARMA Capital would receive early access to an ETH 2.0 staking pilot thorough its …

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Vitalik Buterin Clarifies Remarks on Expected Launch Date of Eth 2.0

Ethereum founder Vitalik Buterin has clarified his remarks on the expected launch date of Eth 2.0. CoinDesk chief content officer Michael J. Casey asked if the overhaul to the world’s second-largest cryptocurrency by market cap was “really coming in July. Are we ready for it?” “I think so, yeah,” Buterin said, before rattling off milestones …

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