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For staking, Ethereum 2.0 received only 18% of the necessary funds to launch ETH

For staking, Ethereum 2.0 received only 18% of the necessary funds to launch ETH

For the launch of Ethereum 2.0 on December 1, a week before the update, 524,000 ETH must be blocked in the staking. To date, only 18% of the required amount has been collected — 98,112 ETH.

According to Dune Analytics, only 98,112 ETH are locked in the Ethereum 2.0 deposit contract. According to Ethereum Foundation developer Danny Ryan, to launch Ethereum 2.0 on December 1, 524,288 ETH must be deposited in the deposit contract by November 24.

The bulk of the ETH for staking came through transfers from large coin holders. For example, Ethereum co-founder Vitalik Buterin sent
3,200 ETH for staking in Ethereum 2.0. The unknown owner of the address bb84d966c09264ce9a2104a4a20bb378369986db blocked 17,088 ETH for staking.

According
to a blog article written by Danny Ryan, the Ethereum 2.0 genesis block will only be created if the required amount of ETH is locked in the contract seven days before launch.

“Otherwise, the genesis block will be created seven days after this threshold is reached, regardless of when it happens,” the developer wrote.

Recall that on November 4, the developers of Ethereum 2.0 published
on GitHub a tool for generating the keys needed to make a deposit for staking in Ethereum 2.0. Shortly after, the derivatives exchanges announced that they were preparing to start trading ETH from the Ethereum 2.0 deposit contract.