Ethereum 2.0 Launches, Promising New Era of Staking and Scalability

[Donken]

Ethereum 2.0 Launches, Promising New Era of Staking and Scalability

The initial phase of an Ethereum blockchain upgrade that’s been in the works for years has launched.

The beacon chain for Ethereum 2.0 allows investors in the second-largest cryptocurrency to stake their coins and earn rewards in return for powering the network.

It also promises to greatly increase the amount of transaction volume that the network can process using second-layer solutions, with a long-term target of 100,000 transactions per second in mind according to Ethereum creator Vitalik Buterin.

Today’s launch of Ethereum 2.0’s “Phase 0” became inevitable once Ethereum holders sent the required 524,288 ETH into the deposit contract.

Ethereum owners with at least 32 ETH can stake their coins, but their investment will remain locked until Phase 1 rolls out, which could take a year or more to happen.




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[Blue4]

Yes ethereum successfully launched ethereum 2.0 definitely this a new era of the cryptomarket especially to altcoins market hereby lot of holders will get big profits from ethereum binance and many popular exchanges are announced ethereum stacking programs i hope in the future the price of ethereum will rise again.

[Ransow]

Ethereum 2.0 is successfully launched lot of investors holding ethereum for staking if you are interested in ethereum staking you can do it now lot of Popular exchanges are supporting ethereum staking as well lot of ethereum based tokens has started to staking I think this is a good process lot of ethereum holders earn profits from this method.