Ethereum 2.0 Deposit Contract May Soon Be Released

2020-11-4 06:00

The launch of Ethereum 2.0 (ETH2 or Serenity) has long been expected. It was first slated to arrive earlier this year, but multiple delays have pushed back the launch date to ensure that security is maximized.

There was recently a scare that it was delayed once again. Ethereum Foundation researcher Danny Ryan said that the deposit contract for ETH2 may be delayed once again:

“This library is critical to creating keys, signing messages. Critical, in early phases, [means] that if you use this library, they need to be secure; if you use it to generate your wallets, it needs to have good randomness; and if you are signing your deposits which have a signature associated, it needs to be correct. Given how critical this library is, and given that, if there is a fundamental error in this library we could f*ck some sh*t up in terms of genesis deposits, that is the blocker.”

The deposit contract is critical in this Ethereum upgrade launching. The fact that he thought it may have been delayed caused some concerns.

But according to a recent announcement, this is not the case.

Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom Ethereum Deposit Contract May Soon Be Released

As noted by David Hoffman of Bankless, an Ethereum-focused media startup, the Ethereum 2.0 deposit contract may soon launch. A Github account called “CarlBeek” released a number of files six hours ago as of this article’s writing that seemingly contains the ETH2 deposit contract and other related files.

This release was titled “we have a go for Main engine start,” along with a number of changes in the changelog.

There haven’t been any formal verifications of the files done by developers, but many prominent names in the community retweeted the contract, expressing their excitement.

Releasing the deposit contract on election night is Peak #Ethereum https://t.co/i08bqXGDZ0

— DavidHoffman.eth 🏴 (@TrustlessState) November 3, 2020

There seems to be an internal debate playing out within the Ethereum developer community. There are some that say the deposit contract is not yet ready while some say that this key part of the Ethereum upgrade is ready to be released to the public.

Whatever the case, ETH2 seems to be closing in.

Related Reading: Tyler Winklevoss: A “Tsunami” of Capital Is Coming For Bitcoin Adoption 

Other positive fundamental trends for Ethereum include institutional adoption.

The central bank of Australia recently announced that it will be using a distributed ledger based on Ethereum for its central bank digital currency project. The central bank is also partnering with ConsenSys.

Related Reading: 3 Bitcoin On-Chain Trends Show a Macro Bull Market Is Brewing Featured Image from Shutterstock Price tags: xbtusd, btcusd, btcusdt Charts from TradingView.com Ethereum 2.0 Deposit Contract Released—Genesis Launch Weeks Away

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3833.96 (-0.10%)
Объем 24H $18.384b
Изменеия 24h: -2.11 %, 7d: 4.34 %
Cегодня L: $3826.74 - H: $3900.08
Капитализация $460.603b Rank 2
Цена в час новости $ 383.52 (899.68%)

launch ethereum multiple year arrive earlier delays

Источник: newsbtc.com

launch ethereum → Результатов: 126


“Ethereum to Scale by 100X in the Coming Months,” Says Vitalik on Optimism Rollups Launch

Ethereum co-founder Vitalik Buterin believes the blockchain is closing in on solving its scalability problem, predicting the Optimistic rollup launch in the coming month. The Optimism rollup is a layer two solution aiming to scale the blockchain by a factor of 100, which will solve the medium-term high gas fees as the community awaits the […] The post “Ethereum to Scale by 100X in the Coming Months,” Says Vitalik on Optimism Rollups Launch first appeared on BitcoinExchangeGuide.

2021-3-11 21:22


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Altcoin Season Soon? Quant Says This Ethereum Pattern Could Suggest So

A quant has explained how a pattern currently forming in the Ethereum Open Interest could imply the altcoin season is coming “sooner than expected. ” Altcoin Season May Be Approaching Soon Based On Ethereum Pattern In a CryptoQuant Quicktake post, an analyst has discussed about why an altcoin season may be coming soon for the cryptocurrency sector, based on a trend taking place in a couple of Ethereum and Bitcoin indicators.

Whale Watch: Ethereum Fresh Buy Signal Sparks Speculation

The Ethereum market has been a whirlwind of activity in recent days. After a brutal price correction last week, the world’s second-largest cryptocurrency by market capitalization has staged a mini-rebound, leaving investors wondering if this is the start of a sustained bull run or a fleeting flicker before another dip.

Ethereum To See Fresh Move Soon? What Futures Data Says

Data shows the Ethereum Open Interest has been trading at relatively low levels recently. Here’s what this could mean for the asset’s price. Ethereum Open Interest Has Been Moving Sideways Since Its Plunge As explained by an analyst in a CryptoQuant Quicktake post, the ETH Open Interest has followed a similar trajectory as the price of the cryptocurrency recently.

Ethereum Fees Now Lowest Since January: Is It A Bottom Signal?

On-chain data shows that Ethereum transaction fees have dropped to their lowest level since January, a sign that a bottom could be close. Ethereum Transfer Fees Has Plunged As Network Has Gone Cold According to data from the on-chain analytics firm Santiment, Ethereum transaction fees have taken a notable hit recently.

These Are The Ethereum Altcoins Witnessing High Whale Interest

Here are the Ethereum-based altcoins that are currently witnessing a high amount of activity from the whales, according to on-chain data. These Ethereum Altcoins Are Seeing High Whale Transactions Right Now In a new post on X, the on-chain analytics firm Santiment has discussed how several Ethereum-based altcoins have been seeing notable whale activity recently.

Ethereum Breaks $2,900, But Watch Out For Futures Overheating

Ethereum has broken beyond the $2,900 level during the past day, but data shows the futures market may be starting to become overheated. Ethereum Has Now Broken Through The $2,900 Level While Bitcoin has slumped to an overall sideways trajectory recently, Ethereum appears to have decided to pick a path of its own, as the second largest asset in the sector has surged almost 4% over the past 24 hours.