Ethereum 2.0 could be two months away or less

October 19, 2020
By Sam Grant

Based on updates from the developers involved in the project, Ethereum 2.0 could be six to eight weeks away from completion

It has been a week since the second testnet (Zinken) was successfully deployed for Ethereum 2.0. The success of the second trial watered down any doubts and concerns from the first Spadina testnet that it was to be a failure.

Developer Ben Edgington shared an update on the Ethereum 2.0 project yesterday, detailing news from the Beacon Chain testing. The update revolved around the publishing of the first release candidate for Phase 0.

The post read, “Your newest news in #Ethereum 2.0 is here! https://t.co/97X85jdCzM. Sorry it’s a bit late, and a bit rushed. I took some time off; it was nice Back now, refreshed and raring to go ”

Edgington asserted that the deposit contract was now ‘good to go’ and hinted that the Beacon Chain genesis would be available in about six to eight weeks. Of course, this is only an estimate, and there’s no guarantee that things will turn out that way. So far, there hasn’t been an announcement regarding the official launch date.

He also talked about depositing to fake contracts — a possible likelihood in the subsequent stages.

“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.”

The developer emphasised the need for more client diversity around the network, saying that the collective effort would be crucial in the success of the project. He went on to add that Prysm was still the leading player after the firm developed its own ETH 2.0 client.