Ethereum Devs Reveal Deposit Contract for ETH 2.0
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Ethereum developers have officially confirmed the launch date of a deposit contract for Ethereum 2.0.

According to an official blog post, the contract is expected to be launched on December 1, 2020, at 12pm UTC, while the initial launch date was set on January 1, 2021. The developers have also published a tool for generating the keys required to make a deposit in Ethereum 2.0.

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With the confirmation of deposit contract launch, the Ethereum Foundation took one step closer towards the launch of the so-called Beacon chain, the heart of Ethereum 2.0.

The minimum threshold for staking ETHs in Ethereum 2.0 is 32 ETH. The mainnet of the Ethereum 2.0 network will be launched only if 16,384 staking participants deposit at least 524,288 ETH.

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In October, Christoph Burgdorf, an Ethereum software engineer, revealed a new language for smart contracts based on Ethereum called Fe. The idea of the Fe programming language is to separate components of the compiler into distinct libraries that follow standard compiler design guidelines.

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