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#Beacon Chain mainnet News
Coinbase Will Support Eth2 Beacon Chain Staking
December 1, 2020 by
Dalmas Ngetich
at
Ethereum
Starting in early 2021, Coinbase will support ETH staking and distribution of client rewards once Eth2 Phase 0 is active as per a statement on Dec 1. Service Available in Eligible Jurisdiction The service will only be accessible to clients in eligible jurisdictions including the United States and any of the over 100...
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Eth2 Deposit Contract Fully Funded, ETH Price Rallies Above $600
November 24, 2020 by
Dalmas Ngetich
at
Ethereum
The Eth2 deposit contract is fully funded, Vitalik Buterin, the co-founder of Ethereum, has said in a tweet on Nov 24. https://twitter.com/VitalikButerin/status/1331061403768143872 Eth2 Deposit Target Surpassed It is three hours before the deadline, at the time of writing, and there are 619,350 ETH valid deposits and 19,351 validators according to Beaconscan. Additional data...
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Eth2 Beacon Chain Can Still Launch on Nov 24, Says Ethereum Developer
November 20, 2020 by
Dalmas Ngetich
at
Ethereum
Danny Ryan opines that Phase 0 of Eth2 can still launch even with the over 105k ETH staked. In an AMA session on Nov 18, the Ethereum developer said it makes no sense to leave the over $49 million worth of coins in “limbo for too long” and adjusting the...
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ETH 2.0 Staking Penalty and Yield Changed To Incentive Participation
November 13, 2020 by
Dalmas Ngetich
at
Ethereum
In a tweet on Nov 11, Vitalik Buterin has said the penalty rate in the early weeks of the Eth2 Beacon Chain mainnet launch is being reduced to between 25 to 33 percent of the Medalla test network level. Additionally, if 524,288 ETH is staked on time, early validators will enjoy a...
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ETH 2.0 Client Teams Shouldn’t Be too Quick to Declare Launch Readiness
October 27, 2020 by
Dalmas Ngetich
at
Ethereum
Vitalik Buterin, one of the six co-founders of Ethereum, is subtly dismissing comments from Richard Ma, the CEO of Quantstamp—a smart contract auditing firm, who said the Beacon Chain mainnet is ready for launch. ETH2 Clients Shouldn’t be in a Hurry In a tweet on Oct 26, Vitalik responded to a Decrypt article, highlighting...
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