Friday, November 06, 2020 8:24:23 AM
The zero phase of the Ethereum 2.0 network will be launched on December 1, but one condition must be met for this. The Ethereum Foundation announced on Wednesday the launch of the second version of the network's custody contract. Users need to deposit 32 ETH to participate in staking. If the contract collects 16,384 deposits in the amount of 524,288 ETH (about $200 million), then the network will be ready for the launch. The specified goal must be achieved at least seven days before the expected launch date, that is, by November 24. A few hours after the announcement, the number of ETH addresses with a balance of more than 32 coins reached a new high at 126,852. To launch Ethereum 2.0, 13% of these addresses must participate in staking.
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