ConsenSys developer BenEdgington has announced the latest news and predicts that the ETH 2.0 beacon chain will be launched in the next six to eight weeks.
Edgington published a post to launch the “V1.0.0 Candidate Version 0”, in which he revealed that the address function of the protocol deposit contract should be announced this week. The deposit contract is one of the remaining upgrades to promote the launch of ETH 2.0 Phase 0, which allows ETH to be sent between Ethereum and Ethereum 2.0:
“As far as I know, we are very happy to welcome the release of the deposit contract in a few days and the launch of the beacon chain in the next 6 to 8 weeks.”
However, Edgington, a PegaSys engineering team developer, emphasized that his prediction is “not an official statement.”
After the beacon chain goes online, 500,000 Ethereum will need to be locked for collateral, and after a week of creation delay, the start of Phase 0 can be completed.
According to Edgington, the new version also enhances Ethereum’s ability to resist DOS attacks, achieving a creation delay and a temporary four-fold fine.
The increased penalty is due to the “a bit bumpy” creation “dress rehearsal” on the Spadina testnet at the end of September, and the “very low participation” on the Medalla testnet now.
Edgington described the sharp increase in fines as “a temporary measure to reassure stakeholders when we are in trouble.” Although the Medalla testnet has low participation, Edgington firmly believes that the network is ready to transition to Phase 0:
“I think people are a little tired of the testnet. It’s time to move forward, we need to start Phase 0 as soon as possible.”
Edgington’s post was published after a successful trial on the Zinken testnet last week, and Set Protocol marketing director Anthony Sassano described it as “We finalize the penultimate “dress rehearsal” test before the ETH 2.0 mainnet phase 0 launch date. network”.
