When Is Ethereum 2.0 Released?

in #ethereum4 years ago

There will be three major Ethereum 2.0 upgrades. Each of them has different timelines to be released.

Sign Chain: Usually referred to as the December 1, 2020 Ethereum 2.0 release date, the sign chain's launch date is actually. Acting as a separate new chain, it will introduce risking opportunity and lay the groundwork for subsequent upgrades.

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Fragment Chains: Scheduled to be released in 2021, fragment chains will solve scalability issues by spreading the network load across 64 new blockchains. Parts chains are expected to increase processing speed up to 100,000 transactions per second.

Deployment: The purpose of this phase is to "dock" the mainnet Ethereum with the sign chain. This enables staking for the entire network and puts an end to energy-intensive mining.

Ethereum 2.0 Price

Speculation about the Ethereum 2.0 price indicates that the upgrade will positively affect the ETH price. The increase in price will be due to the increased demand for Ethereum transactions as well as falling costs.

For validators who want to participate in staking, it means the purchase of 32 ETH, which currently costs slightly more than $ 13,000. Once the upgrade is launched, validators are expected to earn an annual return anywhere between 5% and 15%.

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