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Ethereum 2.0 stake progress has reached 96%, official launch is imminent.
According to the latest data, the amount of ETH stored in the Ethereum 2.0 staking contract has reached 498,048. This figure means that 96% of the minimum requirement of 524,288 ETH needed to launch the Ethereum 2.0 Genesis Block has been met.
It is worth noting that, according to the Ethereum 2.0 development documentation, its official release date is set for December 1, 2020. The approaching date, along with the rapid increase in the amount of ETH in the stake contract, indicates that the launch of Ethereum 2.0 is steadily progressing.
The launch of Ethereum 2.0 will be an important milestone in the development of blockchain technology. It will not only bring significant improvements in performance but also introduce the Proof of Stake (PoS) consensus mechanism, which is crucial for enhancing the network's scalability and energy efficiency.
As the amount of stake gradually approaches the target, the community's expectations for Ethereum 2.0 are also heating up. However, the specific launch time still depends on the staking progress, and both investors and developers are closely monitoring this development.