Category: ETH2

Eth2’s Phase 0 is set to roll out next week, but it’s only the first step in a years-long process

Eth2’s Phase 0 is set to roll out next week, but it’s only the first step in a years-long process

Quick Take The initial phase of Eth2 — the next-generation of Ethereum — is rolling out next week. It represents the first step in Ethereum’s transition into a proof-of-stake network. But there’s still a lot of work left to do for the full Eth2 upgrade, Justin Drake, Eth2 researcher at the Ethereum Foundation, told The […]

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Eth2 deposit contract passes threshold needed for Phase 0 to launch on December 1

Eth2 deposit contract passes threshold needed for Phase 0 to launch on December 1

It’s official: the initial phase of Eth2’s multi-stage launch will begin on December 1. That’s because the deposit contract address, in which ETH is deposited for staking on the yet-to-launch network, passed the threshold — some 524,288 ETH — needed to initiate the beacon chain launch. The beacon chain can be thought of as a […]

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A Dubai investment firm is staking $10 million worth of ETH to support the Eth2 launch

A Dubai investment firm is staking $10 million worth of ETH to support the Eth2 launch

IBC Group, a Dubai-based boutique investment firm, is staking $10 million worth of ether (ETH) to support the Ethereum 2.0 launch. The firm has partnered with Canada-based staking service CanETH for the initiative. Specifically, IBC will stake a total of 21,984 ETH, in three tranches, for 687 validators. Khurram Shroff, chairman of IBC’s board, said […]

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Ethereum Foundation to sponsor Eth2 staking projects

Ethereum Foundation to sponsor Eth2 staking projects

The Ethereum Foundation is set to sponsor projects that are working within the Eth2 staking ecosystem. To that end, the non-profit has invited teams and individuals, particularly those that are building Eth2 staking tools and guides, to apply for grants. The invitation is open until December 22 for all projects. “The point of the program […]

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Vitalik Buterin contributes 3,200 ETH to Ethereum 2.0’s deposit contract address

Vitalik Buterin contributes 3,200 ETH to Ethereum 2.0’s deposit contract address

The newly launched deposit contract address for Eth2 — the next-generation version of the Ethereum blockchain network — continues to grow, standing at 31,557 ETH as of press time. 3,200 ETH of that — worth roughly $1.3 million at current prices — was contributed by Ethereum creator Vitalik Buterin, according to EtherScan, which tracks the network’s […]

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With release of deposit address, Ethereum 2.0’s Phase 0 launch date is in sight

With release of deposit address, Ethereum 2.0’s Phase 0 launch date is in sight

The next-generation version of the Ethereum blockchain moved closer to fruition on Wednesday with the launch of the Eth2 deposit address. This address, as outlined in a blog post from the Ethereum Foundation, lets would-be staking participants ready their funds for the eventual launch of the so-called beacon chain, which constitutes the “Phase 0” launch […]

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