Ethereum launched its proof-of-stake Beacon Chain

Claim
News event

Description

Ethereum launched its proof-of-stake Beacon Chain on December 1, 2020, marking Phase 0 of its Eth2 roadmap and beginning the transition away from proof-of-work.

Event date

December 1, 2020

Quotes that support claims

The first stage of the next-generation proof-of-stake (PoS) Ethereum 2.0 is now live as of 12:00 UTC Tuesday
December 1st marked the launch of the eth2 beacon chain. This bootstrapped Ethereum’s proof of stake consensus that will ultimately serve as Ethereum’s new consensus home
This week, the deposit contract hit the minimum threshold of 16384 32-ETH validator deposits, kicking genesis into motion. Genesis time is 1606824023 -- that is, December 1, 2020, 12:00:23pm UTC.

Tags

12/01/2020
Week 49 of 2020

Referenced by

Milestones timeline

Crypto

Data block