Ethereum Foundation: Etherium 2.0 will be launched 1 December

The developers released the version 1.0 specifications for the Ethereum 2.0. Blockchain update is planned for 1 December 2020 of the year.

According to the article on the Ethereum Foundation blog, The first version of the Ethereum 2.0 must be running 1 December c 15:00 in Moscow time, if there is no less on the network 16 384 Validators. Each validator needs to be blocked for stakeing 32 ETH, the total cost of which will be equivalent $209 million.

Ethereum Foundation also released the version 1.0 specifications for the Ethereum 2.0. The developers launched Launch Pad to register users as Ethereum validators 2.0, which contains the main address of the deposit contract for depositing assets.

The developers note, that crypto assets should not be sent directly to the deposit contract, And it should be blocked through the staying mechanism in Launch Pad. Consensys noted on the social network Twitter:

“Remember: Do not send ETH to a deposit contract! Sending ETH to this address of the contract will lead to an unsuccessful transaction and does not mean, that you have blocked stake assets in ETH 2.0 ".

Recall, that yesterday the developers of the Ethereum 2.0 Published on the GitHub tool for generating keys, necessary for making a deposit for stakeing in ETH 2.0.