Ethereum’s 2.0 (ETH2) upgrade is expected to begin to roll out in the near future. The upgrade has long been awaited by crypto investors across the industry, with it facing a number of delays.
There was a scare a number of weeks ago after a testnet for Ethereum 2.0 failed to launch properly due to some consensus issues related to some client bugs. Those have since been fixed, meaning that the actual launch is nearing.
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Ethereum 2.0 Around the Corner
A blog post shared by Ben Edgington, an Ethereum 2.0-focused developer at development studio ConsenSys, believes that the rollout of the upgrade is right around the corner.
He wrote that a “v1.0.0 release candidate 0 has been published.” Should the candidate be accepted, it will be rolled out when developers think it is necessary.
This new candidate has a number of changes compared to the previous iteration, which should help to eliminate “pain points” that were present in “the previous genesis runs.”
Along with the publishing of a candidate for ETH2, the deposit contract for the upgrade’s staking mechanism is expected “any day now”:
Basically, as I understand it, we are good to go: deposit contract in the next few days; beacon chain genesis 6-8 weeks later. (This is not an official statement!)