It appears Ethereum 2.0 isn’t exactly imminent after all

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With just one week to go before the Ethereum 2.0 staking deadline, which will determine whether or not the network transitions to its next generation form, only 18.6% of the necessary value has been pledged.

For the launch of Ethereum 2.0 to take effect, 16,384 validators will need to stake a minimum of 32 ether (the cryptocurrency underpinning the network), which is worth circa $14,800 at current market rates.

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