The origins of the Eth2 Beacon Chain were confirmed on December 1 following the transfer of 524,288 Ether (ETH) from 16,384 auditors to the Eth2 Escrow Agreement since its entry into force on November 4.

Despite early concerns about low participation rates, conversions to depot nodes have skyrocketed in the last day, with over 200,000 ETH sent to nodes in the last 14 hours.

Currently, the Ethereum 2.0 lighthouse should be built as early as possible, December 1, and formation will begin seven days after the required minimum deposit is made.

While Genesis members will not be able to withdraw their coins until ETH 2.0 reaches Phase 1.5, which will connect the Ethereum network with the Ethereum signal chain and the shared environment, many third-party retailers are waiting for withdrawal-enabled gaming services to launch despite potential risks. Cash fraud.

The minimum deposit contract is completed approximately nine hours before the deadline.

Source: CoinTelegraph