Analyzing the creation address of ETH 2.0, V God is ranked fifth. Who are the other "big whales"?
Author | Qin Xiaofeng
Editor | Hao Fangzhou
Produced | Odaily

Author | Qin Xiaofeng
Editor | Hao Fangzhou
Today is November 16th, and it has been 12 days since the release of the ETH 2.0 deposit contract address.
Odaily found the answer by analyzing the deposit contract address, and found some interesting points.
secondary titleOKlink datadeposit contractOKlink data

show that currently
deposit contract
The ETH balance in the address is 95104, which is 524288 ETHs, which is the minimum requirement for starting the ETH 2.0 genesis block, and the progress is only 18.13% completed. As follows:
On average, an average of 7,925 ETH has been deposited per day in the past; it would take at least 66 days to meet the minimum requirements for the launch conditions. In other words, according to the current average progress, it will take at least around January 10, 2021 to deposit enough 524,288 ETHs, and the genesis block will be generated 7 days after reaching it (January 17).
However, the average does not fully reflect the sample situation, and the median may be a good choice.
Odaily has counted the changes in ETH in deposit addresses in the past 12 days, as follows:
The data shows that the median is currently 3,695; according to this progress, it will take at least 140 days for the deposit contract to meet the activation standard, that is, it will not be activated until late February next year.
The above two calculations may deviate from the actual results. After all, the daily deposit volume does not follow a linear law. Take the last two days as an example, the daily deposits have rebounded to more than 10,000.
But in any case, there is a high probability that the official start time of the genesis block will be delayed.
According to the official plan, the original genesis block start time is December 1, which requires that the minimum start conditions must be met on November 24. At present, there are only 9 days left, which is equivalent to depositing 47,000 ETH per day on average. It seems impossible to complete this task.A very important reason is that the ETH deposited by users needs to be locked for at least one to two years. At present, ETH 2.0 only supports the deposit function, and does not support transfers. It will not support transfer transactions until phase 2 (at least one year later) goes online. According to the current pledge income, the highest is only 17%. At the moment when the currency price is soaring, many users are relatively cautious when staking, considering that the risk of future ETH price decline cannot cover the income.。
The key to breaking the game is to release the liquidity of ETH 2.0 pledges, so that users can cash out at any time. This is also the main direction of such programs as ANKR and Rocket pool.
Click to read "Rocket Pool Specializing in ETH 2.0 Staking Services"
secondary title(2) Big households are in high spiritsAlthough the number of deposits is currently insufficient, Odaily has also observed some very interesting phenomena.
Among the top ten deposit addresses at present,Number one
, the current deposit is 8000 ETH (250 verifiers), the address was created in January this year, and the current account still has 8600 ETH left. In this year's DeFi boom, this address frequently participates in various DeFi applications including SUSHI, WETH, and liquidity mining.
, the current deposit is 5504 ETH (172 verifiers), this address is an old address created in October 2016, and has participated in two fund projects and multiple DeFi projects.
The fourth-ranked address currently has a deposit of 5,024 ETH (157 validators). This address is an old address created in January 2018 and has also participated in multiple fund-raising projects and DeFi projects.
V God, the founder of Ethereum, also participated in the pledge, with a deposit of 3,200 ETH, currently ranking fifth.
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(3) Altcoins seek exposureSTAKEIn fact, in addition to receiving ETH, the deposit contract address also received 83 other tokens.
Previously, TrustNodes reported that the altcoins were worth around $54 million in total. But this is not the real value. Because 50 million US dollars of it is UNIF, which is a "dead coin" with a real trading volume of only 10 US dollars.
In addition to this, there are also a large number of altcoins that do not have any trading volume at all. OKLink data shows that only 30 of the 83 tokens have real prices and trading volumes, accounting for 36%; the real total value of the altcoins in the deposit contract except ETH is about 420,000 US dollars; the highest value is, the value accounted for more than 99.44%.
(Odaily note: STAKE is the governance token of xDai Chain, which is a US dollar stablecoin blockchain jointly launched by the MakerDAO Foundation and POA Network, and is also a sidechain compatible with Ethereum.)
Odaily believes that its main purpose is to pursue exposure.
At present, ETH 2.0 has attracted the attention of all parties, and the change of the deposit contract has also attracted much attention. Transfer a certain amount of counterfeit tokens to this address. If you can stay in the forefront, all parties will also see the tokens when querying the genesis address, which plays a role in publicity.
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(Odaily screenshot on November 5)
So for these projects exposed on ETH 2.0, would you choose to hold them?
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(4) There are many people who touch porcelain
Odaily searched on OKlink and found that there are currently several counterfeit projects named after ETH 2.0. ETH 2.0 has not yet started, and the real purpose of most of these projects can be imagined, and the purpose may be to make a wave of quick money.

In addition, Odaily also noticed that a fund project called Ethfund (Ethereum Fund), under the banner of ETH 2.0, is wantonly collecting money.
In the publicity, the project claimed that V God, the founder of Ethereum, invested 3,000 ETH, but in fact the payee was not the relevant address of this project, and the screenshot of the chat was also suspected to be PS synthesis; in addition, the Ethereum Foundation and the Ethereum Foundation (The Ethereum Foundation) Foundation) is not associated in any way. The project requires users to send ETH to a specific contract address, and claims to be able to obtain more than 200% of the income; encourages users to develop offline, and obtain additional income by pulling people; the project itself does not have a clear profit model, but only with new user funds Repay the old users, the capital disk model of tearing down the east wall to make up for the west wall.


