Cryptocurrency

Ethereum 2.0 Developer Says Time To End Testing And Launch

Ethereum 2.0 could launch within six to eight weeks, according to developer Ben Edgington. Edgington offered the estimate after Zinken, the network's second testnet, deployed without major problems la

By Ray Crawford··1 min read
Ethereum 2.0 Developer Says Time To End Testing And Launch

Key Points

  • Ethereum 2.0 could launch within six to eight weeks, according to developer Ben Edgington.
  • Edgington offered the estimate after Zinken, the network's second testnet, deployed without major problems la

Ethereum 2.0 could launch within six to eight weeks, according to developer Ben Edgington. Edgington offered the estimate after Zinken, the network's second testnet, deployed without major problems last week. An earlier testnet called Spadina had worried the development team, but Zinken's smooth run convinced them the project remained on track.

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Edgington shared the timeline yesterday after releasing the first candidate version of Phase 0, the Beacon Chain foundation for Ethereum 2.0. The deposit contract for staking is ready, he said. The team has not announced an official launch date.

Fraudsters will create fake deposit contracts and counterfeit Launchpad interfaces in the coming days, aiming to steal ether from stakers. Edgington warned users to wait for official announcements and verify contract addresses before sending funds. "Many fake deposit contracts and Launchpad front-ends will erupt in the coming days. Look out for the official announcements: do not send Eth to random contracts; this is not DeFi," he said.

Edgington also stressed that client diversity matters for the upgrade's success. Prysm, which developed its own Ethereum 2.0 client, attracts more stakers than other implementations. If most nodes run the same software, a single bug could damage the entire system.

MiningPool content is intended for information and educational purposes only and does not constitute financial, investment, or legal advice.

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