Bitcoin Forum

i will put here a graph that is following state of ETH2.0 deposit contract and currently staked amount
on the picture below, linear line is needed for ETH2.0 contract to be deployed on Dec, 1, or to be precise, whole 524k ETH shall be staked on Nov, 24, as per current situation, that is highly unlikely

as of today, staked amount is on 55k ETH, and linear curve is pointing on 225k ETH for tomorrow (9 days since contract initiation) - upper line is linear staking amount, and line below is currently staked amount, as of today

https://i.imgur.com/ZgC0kfj.png

as one can easily see, staked curve is having low slope, and we need much more ETH on the contract, for a ETH2.0 to have genesis on Dec, 1
will update this graph on three day basis, or if something important, like high number of staking amounts occur

https://i.imgur.com/4RUVqqL.jpg

trend is a bit reversing, since in last three days, more ETH is staked than in three days before that, but it is still below required pace
UNI liquidity reward for ETH pools is due to be finished on November 17 and that could push some more ETH in the Ethereum 2.0 contract, but we are still below 20%, which brings worried faces into Ethereum community

I think it is predictable because it will be exponential as time passes and will try to touch peak as December 1 reaches.

It seems like that the infura news has been affecting the demand to launch ethereum 2.0

The problem is when you are depositing your ethereum to the ethereum 2.0 deposit contract and it will be locked and you will not able to get it back.
As far as I know if this has become the main consideration by so many ethereum supporters to support ethereum 2.0
It's too risky for them to deposit their money to help ethereum to launch ethereum 2.0

CMIIW

interesting enough, but you can see from the graph that Infura incident did not influenced number of validators and even number of validators is rising at the moment, i agree that Infura incident is a big one, and it does lead to centralization of decentralized network, but i think that most validators are waiting for last few days, since their money will be idle for three weeks, if staked now, and just one week, if they stake in last day
so, they are holding funds in DeFi until the last moment, at least i think that this is the reason, we will see, there is just nine days to due date for Genesis on December 1

Vitalik Buterin sent 3,200 ETH worth $1.3 million to the contract. It looks like it will be one of the major validators of Ethereum 2.0. It is possible that if the required amount of Ethereum is not collected, Buterin will add the missing coins on the last day before the launch, so that it would not have to be postponed.

What is the required amount to be collected in other for the eth 2.0 to be active? Assuming someone send their eth to the contract address as a validator how long will it be locked for! Very interesting to see Buterin depositing such huge sum to the contract, i think he is as eager as rest of the eth community to finally have the eth 2.0 launch and running.

for the contract to be launched as planned, on December 1, it is needed to collect 524k ETH until November 24 (seven days prior to Genesis block), at the moment, that does not look as an easy task for the community, but we have to wait and see, large amount of ETH could be free after November 17, due to Uniswap liquidity stimulus is over on that day, and that could spark another wave of validators

I don't actually understand this new ETH 2. what could possibly happen if they didn't met the 524k Ethereum required for staking?

He said it was for the contract to launch.
But I also have the same question.
I really thought it was just release it then let investors stake.
Why would they need such large amount of funds for it to launch?
Is it like a spaceship going to the moon that needs funding? ;D
Don't want to put my funds there just to be idle for a long time.

Here' from CoinGeek.
https://coingeek.com/ethereum-2-0-gets-a-launch-date-and-more-uncertainty-for-users/

I do not know why they have set over 500k eth target to activate staking because this is huge amount of money even if you convert it into usd today. Such huge sum can take time to reach.
Anyhow eth has superb bullish structure and eth 2.0 hype and fomo can kick in anytime that can push eth to new highs soon.

Looks like i still do not know how exactly eth staking will work because i always thought we have to just hold eth in our private wallet where we hold the private keys and we are good to participate in staking and earn rewards.
To send eth to some other address sounds bit risky and that is why i think community is a bit hesitant to do so or maybe they are waiting before the deadline is close.