Ethereum 2.0 Exceeds Launch Requirements As Genesis Event Draws Near
In another major development, Ethereum 2.0 deposit contract reached the total required number of 524,288 ETH before the first deadline on Nov 24, paving the way for a smooth genesis event on Dec 01. It currently holds 837,920 ETH, which is 59.2% more than the amount required to launch the Eth2 network. This is is highly encouraging as the excess amount will ensure smooth launch, redundancy and improve network security.
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