Only 8% of The Required Ethereum Deposited For Staking; $1.4 Million Came from Vitalik Buterin

2020-11-7 17:27

Ethereum is getting ready for the first phase of its transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) as it announces the release of v1.0.0 specs. The mainnet launchpad is currently live.

Along with this release came the deposit contract that allows people to stake their ETH, and ju.once the locked amount reaches 524,288 ETH from a 16,385 validators threshold, the Beacon Chain, the core of ETH 2.0 will be activated.

Although the team believes it can happen by December 1st, preponed from its previous launch date on Bitcoin’s anniversary on Jan. 1st, it is to be seen if the Ethereum holders will really stake this much of ETH as the current numbers don’t show an eager community.

As of writing, 42,501 ETH worth over $19.6 million has been sent to the deposit contract, which is about double what was staked yesterday.

This means only 8% of the required numbers have been sent yet.

The community doesn’t seem real stoked about locking their ETH for an unknown period when the crypto market is enjoying a rally, with Bitcoin on its another bull run that could take it to a new all-time high.

The second-largest cryptocurrency is also enjoying the greens, up more than 22% in the last three days, trading at $462. While up 253% YTD, Eth is still down 67% from its all-time high.

This recent spike in price also has Ethereum’s daily active addresses interacting on its network trending toward the most bullish day since Oct. 16.

“This could be an indication of BTC profits gradually moving over to ETH and other altcoins as the FOMO crowd presumes that Bitcoin will continue its dominance. Remember that markets tend to ebb and flow based on the least expected outcomes by the crowd,” noted Santiment.

Interestingly, Ethereum co-founder Vitalik Buterin has already sent his first set of Ether for staking. A total of 100 transactions for 32 ETH each were sent from Buterin’s “VB2” addresses.

Buterin sent a total of 3,200 ETH worth $1.47 million, which accounts for 7.5% of all the staked amount so far.

Ethereum (ETH) Live Price 1 ETH/USD =450.3360 change ~ 1.34

Coin Market Cap

51.04 Billion

24 Hour Volume

16.1 Billion

24 Hour Change

1.34 var single_widget_subscription = single_widget_subscription || []; single_widget_subscription.push("5~CCCAGG~ETH~USD");

The post Only 8% of The Required Ethereum Deposited For Staking; .4 Million Came from Vitalik Buterin first appeared on BitcoinExchangeGuide.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Ethereum (ETH) на Currencies.ru

$ 2254.28 (+0.28%)
Объем 24H $18.132b
Изменеия 24h: 1.83 %, 7d: 9.66 %
Cегодня L: $2246.56 - H: $2255.84
Капитализация $272.071b Rank 2
Цена в час новости $ 450.93 (399.92%)

ethereum announces proof-of-stake pos specs currently live

Источник: bitcoinexchangeguide.com

ethereum announces → Результатов: 126


CoinAgenda Global Announces First Virtual Conference for Bitcoin & Cryptocurrency Investors and Entrepreneurs

Industry leaders including Ethereum co-founder Anthony Di Iorio, serial entrepreneur Erik Voorhees, investor, and founder William Quigley, and Atari CEO Fred Chesnais will discuss the latest investmenThe post CoinAgenda Global Announces First Virtual Conference for Bitcoin & Cryptocurrency Investors and Entrepreneurs appeared first on AMBCrypto.

2020-10-26 17:30


PoolTogether’s ‘No Loss’ Gambling Platform Utilizes Chainlink’s VRF on Ethereum to Select Winners

Chainlink announces its verifiable random function on the Ethereum mainnet, bringing a host of benefits to the decentralized platform. PoolTogether, a gamified savings platform that allows users to gamble without losing, became the first platform to launch on Chainink’s verifiable randomness function (VRF).

2020-10-25 18:37


Tether to Add Layer 2 Solution, ZK-Rollups, to Reduce Congestion On Ethereum’s Network

Tether announces plans to integrate ZK-Rollups, a second layer solution using zero knowledge proofs to bundle up transactions as one to reduce the burden on Ethereum-based USDt transactions. Integration of Layer 2 solutions is becoming an ever growing concern for Ethereum users after the recent spike in gas fees in tandem with DeFi market growth.

2020-9-1 19:40


Фото:

Qtum (QTUM) Pumps 10% After Firm Announces a Pivot to DeFi

Blockchain platform Qtum has announced a bumper $1M fund to spur third-party developers to create DeFi applications on Quantum Chain, as per a release on August 17. “Similar to Ethereum” The release stated Qtum’s architecture overlaps with Ethereum significantly; both networks use the EVM and Solidity programming language, making it easy for devs to jumpRead MoreRead More.

2020-8-19 20:00


Фото:

Breaking: Telegram Announces Discontinuation Of Its Blockchain Project

Telegram CEO Pavel Durov has announced the end of its ‘next-generation’ TON project and Gram Cryptocurrency due to regulatory hurdles. The project was following the decentralization path of Bitcoin and Ethereum and was also aiming to be superior in terms of scalability and speed but unfortunately was halted by a US court over preconception concerns. […]

2020-5-13 20:24


Dapper Labs Announces Cheeze Wizards Hackathon in Lead up to The First Official Tournament

Dapper Labs, creators of the massively popular Ethereum game, Cryptokitties have announced a hackathon for their latest creation, inviting developers to build on top of the game for the chance to win cash prizes, limited edition crypto-collectibles and the chance to have their projects reviewed by the Dapper Labs team and their investors including Union […] The post Dapper Labs Announces Cheeze Wizards Hackathon in Lead up to The First Official Tournament appeared first on Coinjournal.

2019-7-25 22:40


TRON Foundation announces ambitious $20 million TRX buyback

The TRON Foundation announced a $20 million TRX buyback, one of the biggest in the industry to date. A $20 million repurchase plan As part of TRON’s first “independence day” anniversary celebration—the day when the Foundation completed the TRX token swap from the Ethereum blockchain to its own—CEO Justin Sun held a live stream where […] The post TRON Foundation announces ambitious $20 million TRX buyback appeared first on CryptoSlate.

2019-6-26 01:16


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ethereum Foundation закрепила принцип минимального вмешательства в развитие сети

Организация Ethereum Foundation (EF) опубликовала документ с описанием своего мандата, в котором обозначила ключевые цели и принципы своей работы в экосистеме блокчейн-проекта. 1/ The Mandate clearly states what must be protected: EF will, above all else, remain focused on an Ethereum that is censorship resistant, open source, private, and secure (CROPS), in the service of user self-sovereignty, resistant to extraction and with seamless UX.