Ethereum 2.0 set to launch in December

Ethereum’s deposit contract attained its threshold of 524,288 Ether and is set to launch on December 1st. Its confirmation came in just nine hours remaining to the deadline. Despite the early concerns from the low staking participation, the transfer increased with more than 200,000 ETH in the past 14 hours. 524,288 Ether was transferred from 16,384 validators since the deposit contract went live on Nov. 4. Note that the genesis participants will not be capable of withdrawing their coins until the beacon chain reaches phase 2. What’s more, with the genesis taking place just seven days after the required deposit