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The Ethereum Foundation developers have officially confirmed the launch of the ETH2 deposit contract, and also named the date of the creation of the genesis block.
eth2 quick update no. 19https://t.co/ruz3PQJXd1
v1.0.0 specs released
Mainnet launchpad live ????
Thank you to the countless researchers, engineers, spec contributors, and community members that made this happen
— dannyryan (@dannyryan) November 4, 2020
According to the v1.0.0 specifications of the second version of the protocol, the genesis block will be launched on December 1 at 12:00 UTC. This date was originally set for January 3, 2021.
Deposit contract allows you to send ETH from the existing network to ETH2, confirming the powers of the stakers.
The minimum threshold for participating in Ethereum 2.0 staking is 32 ETH. The condition for the launch of the main Ethereum 2.0 network is the participation of 16 384 validators, who by the set date must have contributed a total of 524 288 ETH.
As shows contract address, the first deposits have already begun to arrive.
Earlier today from Ethereum Foundation developer Karl Beekhausen’s GitHub account uploaded the code that was claimed to initiate the launch of the second version of the Ethereum protocol deposit contract. However, the community has doubts about its authenticity. Users noticed that the specified code only allows generating the keys required to deposit funds, but not the deposit contract itself.
Recall that at the end of October, Ethereum 2.0 lead developer Danny Ryan reportedthat the launch of the ETH2 deposit contract will take place in the first half of November.
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