ConsenSys developer: Ethereum 2.0 deposit contract will launch this week
Editor's Note: This article comes fromCybtc Blockchain (ID: cybtc_com), reprinted by Odaily with authorization.
Editor's Note: This article comes from
Cybtc Blockchain (ID: cybtc_com)
Cybtc Blockchain (ID: cybtc_com)
, reprinted by Odaily with authorization.
ConsenSys developer Ben Edgington has released an update predicting that the creation of the ETH 2.0 beacon chain will happen within the next six to eight weeks.
In a post announcing the release of “V1.0.0 Release Candidate Phase 0,” Edgington revealed that the protocol’s deposit contract address functionality is scheduled to be announced this week. The deposit contract allows ether to be sent between Ethereum 1.0 and 2.0, and is one of the few remaining updates needed to facilitate the ETH 2.0 Phase 0 rollout:
“As far as I know, we are happy: deposit contract address announced in the next few days; beacon chain happens in 6-8 weeks.”
However, the PegaSys engineering group developer emphasized that his prediction "is not an official statement".
To complete the Phase 0 launch, 500,000 ETH will need to be locked for staking after the Beacon Chain goes live, followed by a one-week genesis delay to allow time for the network to prepare.
