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Ethereum 2.0 stake progress reaches 96% Launch is imminent
Data shows that 498,048 ETH has been accumulated in the Ethereum 2.0 staking contract, reaching a completion rate of 96%. This amount is close to the minimum requirement of 524,288 ETH needed to launch the Ethereum 2.0 Genesis Block.
It is worth noting that, according to the information in the Ethereum 2.0 related code files, its release date is expected to be December 1, 2020. The approaching date corresponds with the rapid increase in the amount of ETH in the staking contract, demonstrating the community's active participation and high expectations for the Ethereum 2.0 upgrade.
The launch of Ethereum 2.0 will mark a significant shift of this blockchain network towards the Proof of Stake (PoS) mechanism, which is expected to significantly enhance the network's scalability, security, and sustainability. As the number of stakes gradually approaches the target, participants in the Ethereum ecosystem are closely monitoring the progress of this milestone event.