Ethereum Proof of Stake (PoS) Will ‘Launch in 2020’ as ETH 2.0 Dec. 1st Launch Confirmed

Ethereum Proof of Stake (PoS) Will ‘Launch in 2020’ as ETH 2.0 Dec. 1st Launch Confirmed
фото показано с : bitcoinexchangeguide.com

2020-11-25 18:50

It’s official! ETH 2.0, the Beacon Chain, is coming next week.

In a dramatic move, Ethereum community members deposited a huge chunk, more than 40% of all ETH required to reach the threshold to trigger ETH 2.0.

With an increase of 279% in deposits in just one day, the ETH community did the deed a day before and confirmed the launch of Phase 0 on December 1st as scheduled.

Interestingly, the price of ETH moved in the exact direction as of the staked Ether, as per Crypto Quant.

The price of ETH was just under $400 when the deposit contract for Beacon Chain was released to the public. And yesterday, ETH hit $600, going as far as $621.

Source: CryptoQuant

Now that ETH 2.0 is officially coming in a week and BTC price is making some moves today, ETH price is retreating but still around $600.

Along with this positive price action, Perpetual Swaps Open Interest also reached a new yearly high of $1.69b, both in USD terms and Ether terms.

The crypto community is excited about this development and congratulated the Ethereum team for this achievement.

“Congratulations to the ETH2 deposit contract for hitting the needful amount of ETH for Beacon Chain activation. A momentous achievement indeed!” said Su Zhu, CEO of Three Arrows Capital.

Congrats @VitalikButerin and Ethereans.

That's one small step for $ETH 2.0 , one giant leap for the world decentralized computer enabling the future of finance. pic.twitter.com/qnQwhxK0Rp

— Hsaka (@HsakaTrades) November 24, 2020

This is a very bullish development not only for Eth but for all things DeFi as “transition to PoS, alongside various upgrades will enable greater network scaling, with that, cheaper transaction and more efficient running of the network,” noted Denis Vinokourov of Bequant.

As for those who still want to deposit their ETH, they can do so at any time that is up until it officially closes today.

You can still deposit at any time. https://t.co/sdwu4sr5Gt

— vitalik.eth (@VitalikButerin) November 24, 2020

Bloomberg also noted this development that will allow the second largest network to process the same number of transactions like Visa and Mastercard. Launched in 2015, the project has been working on the upgrade for years now.

“Ethereum needs to scale to become a global substrate of the clearing and settlement layer,” Andrew Keys, a managing member in Darma Capital, told Bloomberg.

According to him, while the current version of Ethereum proved that the real-world items like gold, music, and currencies can be successfully digitized, “now, it needs to be able to serve global volume.”

Keys, who was one of the first employees of ConsenSys, is “100% certain that proof of stake will launch in 2020.”

Ethereum (ETH) Live Price 1 ETH/USD =588.0504 change ~ -4.26

Coin Market Cap

66.78 Billion

24 Hour Volume

22.8 Billion

24 Hour Change

-4.26 var single_widget_subscription = single_widget_subscription || []; single_widget_subscription.push("5~CCCAGG~ETH~USD"); The post Ethereum Proof of Stake (PoS) Will ‘Launch in 2020’ as ETH 2.0 Dec. 1st Launch Confirmed first appeared on BitcoinExchangeGuide.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 2436.25 (-0.09%)
Объем 24H $17.876b
Изменеия 24h: -1.47 %, 7d: -7.15 %
Cегодня L: $2366.56 - H: $2443.23
Капитализация $293.365b Rank 2
Цена в час новости $ 593.65 (310.38%)

eth ethereum launch huge deposited members community

Источник: bitcoinexchangeguide.com

eth ethereum → Результатов: 126


Traders Rushing Back to Ethereum – Can ETH Recover This September?

It looks like the crypto market is entering a slow recovery mode, with most of the top 10 projects seeing nice jumps over the past week. However, Ethereum failed to follow the market sentiment, and remained around $2,300 level throughout the week – industry insiders are blaming a large number of ETH whales who liquidated […] The post Traders Rushing Back to Ethereum – Can ETH Recover This September? appeared first on CaptainAltcoin.

2024-9-18 17:30


Ethereum Price Prediction: Analyst Anticipates ETH Dropping to $2200, Sharks Join The Mpeppe Wave After 150% Rally

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently been struggling to maintain its momentum in the face of bearish trends. Analysts have been observing Ethereum’s performance closely, and many are predicting a further decline in price, with some forecasting that ETH could drop as low as $2,200.

2024-9-7 20:27


Аналитики фиксируют рекордное падение комиссионных сборов Ethereum, предсказывая бычий тренд

Резкое падение комиссии за транзакции в Ethereum может стать предвестником бычьего тренда для токенов Эфира (ETH), лежащих в основе сети, говорят аналитики, ссылаясь на исторические данные. «Каждый раз, когда комиссия ETH падала до самого дна, это часто сигнализировало о снижении цен в среднесрочной перспективе», – заявил Райан Ли, главный аналитик Bitget Research.

2024-8-19 16:20


За месяц кит перевел 48 500 ETH на OKX

Команда аналитической платформы Lookonchain заметила движение капитала на кошельке, связанном с участником первичного размещения монет (ICO) Ethereum, который получил активы по цене в $0,31. A whale who received 1M $ETH in #Ethereum ICO at a price of $0.

2024-8-13 11:45


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Объем торгов спотовыми Ethereum-ETF превысил $500 млн

Общий объем торгов спотовыми ETF на базе второй по капитализации криптовалюты преодолел рубеж в $500 млн спустя несколько часов после дебюта нового инструмента на регулируемых американских биржах.

Bitwise внесла изменения в форму S-1 для спотового Ethereum-ETF

Управляющий активами Bitwise подал обновленную форму S-1 для спотового биржевого фонда на базе Ethereum за несколько дней до крайнего срока 8 июля. Источники The Block сообщили, что SEC не назвала точное время рассмотрения документов, но компании могут получить одобрение к концу следующей недели.