Today, December 1, the launch of Phase Zero of Ethereum 2.0 took place.
Generated genesis block, appear the first blocks of the new network.
Congrats on the launch all!
— vitalik.eth (@VitalikButerin) December 1, 2020
“Congratulations to everyone on the launch!”, — wrote Ethereum founder Vitalik Buterin.
According to Viktor Bunin, a protocol specialist at Bison Trails, more than 21,000 validators are operating in the network. The level of user participation is rising steadily.
🎉🔥 eth2 is live 🔥🎉
💻 21,000+ validators
📈 Rising participation rate 82% -> 85% -> 88%
🕒 Several days worth of an activation queueCongratulations to everyone that helped make this happen.
— Viktor Bunin (@ViktorBunin) December 1, 2020
Launching Phase Zero of Ethereum 2.0: what will happen and what to expect for users
The first block was accompanied by the message “Mr F was here”.
Eth2 block #1 graffiti: «Mr F was here»
— ً (@lightclients) December 1, 2020
Many members of the community were clearly intrigued. Vitalik Buterin lamented that the community did not write about something like “giant steps for humanity”.
Fitalik confirmed https://t.co/intxKAos2z
— Larry Cermak (@lawmaster) December 1, 2020
Ethereum developer Hudson Jameson explained that “Mr F” is a reference to the Queen song “Don’t Stop Me Now” and to the autograph that Vitalik Buterin once left for the user Mr Fahrenheit.
For the record: Mr. F is a reference to Queen and Vitalik’s autograph to them. pic.twitter.com/06yR3wcL35
— Hudson Jameson (@hudsonjameson) December 1, 2020
Block #4: “Welcome to the New Beginning”.
Block #4: «Welcome to the New Beginning»
— ً (@lightclients) December 1, 2020
After reaching a local maximum, Ethereum price headed to find equilibrium at lower levels. Volatility rose significantly.
Earlier ForkLog reported on Coinbase, the largest American bitcoin exchange, preparing for the Ethereum 2.0 launch.
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