Today is a new good day for cryptos lovers
In the post:
https://crypto.co/technology/eth-2-0-launching-today-more-deposits-coming-in/ [nofollow] is the news of the launching of ETH 2.0.. with a more effective network and fees will soon be minimized.
In a published update on Ethereum’s Foundation last Nov. 4, Danny Ryan stated that “to trigger
genesis at this time, there must be at least 16384 32-ETH validator deposits.” This is equivalent to a total deposit of 524,288 ETH.
Currently, the deposit contract is now at 869,696 ETH or $529,183,925.16 in value. This is 60% higher than what is required for Phase 0 of ETH 2.0 to launch. Deposits are still pouring in as of the moment.
The launching of ETH 2.0 has also boosted the DeFi market as a whole. The congestion in the Ethereum network causing its transaction fees to spike is one of the hurdles in DeFi growth. But with the transition, fees will soon be minimized and this will increase DeFi adoption and innovation.
Goods news