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Friday, January 22, 2021


Home News Did the Eth 2.0 deposit contract just launch?.-

Did the Eth 2.0 deposit contract just launch?.-

Key Concepts (and relevance score)

Summary (IA Generated)

Excitement is stirring in the Ethereum community after the deposit contract was apparently posted on Github, however the lead developers are yet to officially confirm the deployment.

Ethereum developers have warned in the past about the danger of fake deposit contracts, so users should not send any Ethereum to the contract until after an official announcement.

The repository on Github was posted a few hours and appears to have been uploaded by Ethereum Foundation researcher Carl Beekhuizen’s account.


] Crypto twitter has been taken over by the U.


election but members of the Ethereum community have been eagerly awaiting anything official regarding the first stage of the long-awaited Eth 2.

] Lead developers and community members had yet to post anything on their own Twitter feeds though ConsenSys developer Ben Edgington said earlier today the deposit contract deployment was a matter of hours away.

] Despite the title, not everyone is convinced the code therein is actually for the full deposit contract.

] Where is the deposit contract in this commit? [.

] The deposit contract is the precursor to Beacon Chain genesis, its job is to allow stakers to deposit 32 ETH in order to initiate the process of Phase 0 launch once enough has been staked.

] Following Edginton’s premature announcement in late October the deposit contract would be launched imminently, there was a delay in deployment as Ethereum 2.