Ethereum 2.0 Countdown Begins With Deposit Contract Release

Ethereum 2.0’s deposit contract is now live, heralding the imminent unveiling of the “world computer’s” second act.

Released at 15:00 UTC, according to developer Afri Schoedon, the deposit contract is the first physical implementation of Eth 2.0 for everyday users. The deposit contract acts as a bridge between the forthcoming proof-of-stake (PoS) blockchain and the current proof-of-work (PoW) mainchain, valued at some $40 billion by market capitalization

The genesis time for Eth 2.0…


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