Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: CryptoKri on December 01, 2020, 06:23:07 PM
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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/ (https://crypto.co/technology/eth-2-0-launching-today-more-deposits-coming-in/) 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
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Excellent information for all participants in the cryptocurrency market. Finally, we have waited for what we had been looking forward to for so long and that had been postponed many times. I just would like to know at least an approximate time frame for when the problem of ethereum scalability will be solved. This is one of the biggest practical problems of the ethereum network so far.
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The emergence of the first part of ETH 2.0, the Beacon Chain, led to the freezing of ETH for $500 million and this amount will only grow. ETH staking can be a very attractive investment for institutional players, creating a shortage of its supply in the market and stimulating an appreciation.
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I have seen about this prediction, because I see many investors have enthusiast to wait ethereum 2.0 release. I think Ethereum 2.0 will change marketcap. Many investors will Buy more Ethereum. It is good sign for token project too.
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I have read this article (https://www.worldcoinindex.com/news/ethereum-2-0-beacon-chain-goes-live-as-eth-price-flirts-around-600) about Ethereum 2.0 and even listen to the livestream with Vitalik and the developers. Ethereum community is enthusiastic about the launch and also I have high expectations of Ethereum's price.
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Finally, the most anticipated moment from the top of ethereum is the release of ethereum 2.0 arriving. And now is the right time for those of you who really want to deposit immediately. I hope that the release of ethereum 2.0 will be able to improve ethereum's overall performance.
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Finally, the most anticipated moment from the top of ethereum is the release of ethereum 2.0 arriving. And now is the right time for those of you who really want to deposit immediately. I hope that the release of ethereum 2.0 will be able to improve ethereum's overall performance.
If you have big fund, after ethereum has released, you can buy Ethereum and hold it. Because I have seen many investors predicted Ethereum will bullish at early next year, I hope It will come true.Lets see.
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Finally, the long-awaited launch of Ethereum 2.0 was yesterday and now, of course, everyone is waiting for the price of Etherem to begin to rise to new heights and I think that in 2021 Ethereum will be able to overcome the 1k$ mark and of course, I hope the price of gas will also be very low, because people already tired of paying a lot of money for transactions which are made on Ethereum blockchain.
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Round 1 seems impossible when it requires more than 500k ETH to run a smart contract. But we have passed, hopefully the following phases will be so favorable.
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Yes, It is true mate. After Ethereum 2.0 has launched, I see many deposit coming in. I hope It will change market cap and will solve the gas problem. I see many investors have predicted about it. I already bought more ethereum too.
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We are hoping that soon this good news can be transformed into visible lower gas fees in all Ethereum network transactions. With the DeFi sector still raging and continuing to grow at past-faced rate, the demand is still so big causing the spikes of gas fees. This is quite unbearable especially if one has only a very minimal transaction, putting others to standstill when they realized the gas fees to be higher than the value of the transaction. That can be so crazy. We are still at the early stage of the Ethereum 2.0 so I am not expecting dramatic shift yet but soon this can be a big reality. Hopefully.
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This is good news for us. Ethereum's price will go up after Ethereum 2.0 lunch. Many have invested in Etherium. I think they have already made a good profit.
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I don't know the exact development of Ethereum 2.0 which requires a lot of Ethereum to deposit.
But if Ethereum 2.0 provides the best for speed, security and stability of transaction fees, we must support it immediately.
Ethereum is really amazing it has so much capacity for the community and now there are problems with DeFi and large transaction fees, hopefully Ethereum 2.0 is the solution.