CryptocurrencyEthereum

The Ethereum 2.0 deposit contract collected the amount of ETH required for staking

Over the past day, the number of ETH blocked on the Ethereum 2.0 deposit contract has significantly increased and exceeded 568,000. Now there are enough coins to start staking.

It is interesting that only yesterday there were only 293,000 ETH on the Ethereum 2.0 deposit contract . That is, users blocked almost 300,000 coins per day to participate in staking. Given that the launch of Beacon Chain is scheduled for December 1, more coins will be added to the deposit contract.

In addition, during the day, the ETH rate increased by $ 35 and now the second cryptocurrency is trading at $ 616. Thus, more than $ 360 million has been blocked for staking.

As a reminder, the Beacon Chain will be launched in parallel with the existing Ethereum network. This way, netizens and decentralized applications will not be affected. However, this is only the first of four stages of the transition to Ethereum 2.0.

Earlier it was reported that the Ethereum Foundation is planning to sponsor projects that participate in the Ethereum 2.0 staking ecosystem.

About author

Experienced Founder with a demonstrated history of working in the newspapers industry. Skilled in Data Research, Management, Investment Research, Teamwork, and Leadership. Influencing the technology, people, and technical analysis of the Cryptocurrency and Blockchain world.
Related posts
CryptocurrencyExchanges

PayPal Customers Are Now Allowed To Use Cryptocurrency To Make Payments To Merchants Worldwide

BitcoinCryptocurrencyEthereum

Bitcoin Recovers $56,000: ETH Recovers $1,700 (Observed Over The Weekend)

Cryptocurrency

Vladimir Putin: "we need to stop illegal transactions with digital assets"

CryptocurrencyExchanges

Coinbase exchange valued at $ 943 million in preparation for direct listing on Nasdaq

Sign up for our newsletter and stay informed

0 0 votes
Page Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x