Crypto service provider Bitcoin Suisse expects to offer its Ethererum staking services before Christmas, underscoring the firm's expectations of an imminent launch of Ethereum 2.0.
"The deposit contract for Ethereum 2 is now live. This means that the new version of the second biggest protocol by market cap will most likely become a reality before Christmas."
The Ethereum 2.0 deposit contract is open, which means anyone who wants to become a validator can deposit their minimum stake of 32 Ether.
As of Wednesday, the deposit contract had over 101,700 ETH deposits valued at nearly $48.2 million.
The first stage of ETH 2.0 is expected to launch Dec. 1, according to an Ethereum Foundation blog post from earlier this month.
Developers have set a minimum total staking threshold of 524,288 ETH as the trigger for the mainnet.
At the current rate, it appears unlikely that enough ETH will be staked to ensure a successful launch by Dec. 1.
"There's little benefit in staking early, so I think people are just taking their time."
As a crypto custodian, Bitcoin Suisse lets investors participate in Ethereum staking without having to meet the minimum 32 ETH threshold.
Svante Jorgensen, a blockchain engineer at the firm, told Trustnodes earlier this year that Bitcoin Suisse offers "No lower limit on staking size."
Binance files US lawsuit against Forbes and two cryptocurrency journalists
Publié le Nov 18, 2020
by Cointele | Publié le Coinage
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