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The first phase of Etherium 2.0: "signal chain" - Beacon Chain - is launched.

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10 months ago

The first phase of Etherium 2.0 - "signal chain" (Beacon Chain) was launched on December 1 at 15:00 Moscow time. The capabilities of Estherium 2.0 will expand as the next phases are deployed.

Beacon Chain Ethereum 2.0 was launched a week after more than 524,288 ETH was blocked in the Ethereum 2.0 deposit contract and more than 16,384 validators expressed their willingness to join the network. At the time of launch, 881,569 ETH were blocked in the deposit contract and 21,063 validators were active in the core network.

The co-founder of the ETH Vitalyk Butterin wrote about the event on his Twitter. He joked that in the first block of the new network on PoS there are no significant messages "about some giant leaps for humanity or something like that".

Until further updates, ordinary users will hardly notice any changes in network operation. With phase 0 begins the transition to consensus proof of proportion (Proof-of-stake, PoS). ETH owners can lock them out for stacking and participate in the network as validators, receiving rewards for block validation. Previously, the editorial staff of prepared a guide on how to participate in ETH Stacking 2.0.

The next stage of the deployment of Air 2.0 will be the creation of chains of shards - this can happen in 2021. In 2021 or 2022, Phase 1.5 should be launched, after which ETH 1.0 and ETH 2.0 will be combined.

Some major stock exchanges have already announced support for the stacking and trading of ETH2 coins. American crypt exchange Coinbase said that customers will be able to convert ETH to ETH2 using their account and receive rewards for stacking.

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