On August 4, Medalla, the final testnet of the Ethereum 2.0 stage 0 beacon chain, was launched. Multiple clients were running tests at the same time. At least 16,384 validators participated in this test. During the test, although the Nimbus and Lodestar nodes were stuck because they could not handle the load of the test network, Medalla was unable to finalize the block within half an hour after it went online, but with the efforts of the entire team, it was finally solved. A difficult problem, successfully completed this test.
As of today, the Medalla testnet has been running smoothly for more than 20 days, and all clients are running normally. Recently, the Ethereum team announced that the main network of the Ethereum 2.0 beacon chain will be launched soon. Just like when Medalla was launched, users only need to pledge 32 Ethereum to become a validator. The opening of this pledge mode announces a An unprecedented super bull market is here.
The stage 0 beacon chain of Ethereum 2.0 is the foundation of the entire Ethereum 2.0. It manages the coordination of validators and shards. At this stage, participants can pledge 32 ETH to become validators. The users participating in the pledge can obtain the mining income of the beacon chain, and the amount of mining income depends on the number of users participating in the pledge of the beacon chain. The total amount of mining revenue is fixed, and if there are fewer people participating, everyone's mining revenue will be higher; if there are more people participating, everyone's mining revenue will be less.
But this pledge process is one-way, that is to say, even if the user who participated in the pledge ends the pledge, after redeeming the ETH, the 32 ETH will remain in the beacon chain and cannot be transferred back to the current Ethereum ( That is, Ethereum 1.0), and it is also impossible to transfer or trade within the beacon chain. Only after phase 2 of Ethereum 2.0, the beacon chain has transaction and transfer functions, the 32 ETH pledged can be transferred and traded. According to the current development progress of Ethereum 2.0 version, this process may take 2 to 3 years or more.
However, judging from the launch of the Medalla testnet, once the mainnet launch date of the beacon chain is confirmed, there will be a lot of users participating in the pledge, because many communities are very enthusiastic about Ethereum 2.0. The opening of the pledged mining model of Ethereum 2.0 will encourage many users to buy Ethereum. The addition of a large number of buyers will accelerate the demand for Ethereum, which will drive the price of the currency to rise. As the launch date of the beacon chain approaches, this good news will also boost the price of Ethereum.
In the Medalla testnet alone, 16,384 users participated in the pledge. According to the current price of Ethereum, one Ethereum is 386 US dollars, 32 Ethereum is 12352 US dollars, which is more than 80,000 yuan, 16384 users each pledge More than 80,000, with a total pledge value of more than 1.3 billion. It is believed that when the 2.0 beacon chain mainnet is officially launched, more users will participate, which is expected to boost Ethereum's soaring 10 times. And now Ethereum is in a callback, the price is relatively low, so it is the best time to buy Ethereum.
However, buying Ethereum spot is not as good as buying the Ethereum ETF fund (ETH3X) launched by BitOffer, starting with a minimum return of 3 times, and also adding an intelligent dynamic position adjustment mechanism and fund compound interest calculation, with a maximum return of 17 times. Since the rise of Ethereum on July 19, the Ethereum ETF (ETH3X) has risen from US$6 to US$28, an increase of 360%. As the mainnet launch date of the Ethereum 2.0 beacon chain approaches, the pledge mining mode is officially opened. If Ethereum rises by more than 10 times in the next few months, the rise of the Ethereum ETF fund (ETH3X) will be as high as 170 times.
At this time, if you spend 10,000 US dollars to buy Ethereum spot, after the super bull market comes, Ethereum soars by 10 times, you can earn 10 times at most, and 10,000 US dollars becomes 100,000 US dollars. But buying an Ethereum ETF fund (ETH3X) is different. If Ethereum really skyrocketed by 10 times, you can earn up to 170 times the income. 10,000 USD instantly becomes 1.7 million USD, which is 17 times that of the spot purchase. The difference between the two is 1.6 million U.S. dollars, so buying the Ethereum ETF fund (ETH3X) is the most wise investment choice!