Is ETH 2.0 Staking Mining Cooling Off? Large Exchange Staking Might Be Worth Your Participation
The Ethereum official team released ETH 2.0 specification v1.0 on November 5 and launched the ETH 2.0 mainnet deposit contract. The deposit contract serves as a bridge in Ethereum's transition from PoW to PoS. According to official design, before December 1, when validator nodes reach 16,384 or more with each node staking 32 ETH, ETH 2.0 will trigger the genesis block and launch the Beacon Chain. This means that when 524,288 ETH are deposited into the ETH 2.0 deposit contract address, the curtain will be raised on Phase 0 of ETH 2.0.