El director general de MicroStrategy, Michael Saylor, no está preocupado por la perspectiva de una regulación más estricta del Bitcoin. En cambio, considera que la inminente regulación futura, si la hay, es buena para el sector, ya que daría luz verde a más entradas institucionales.

Saylors dice que la regulación será buena para el Bitcoin

En una entrevista con Bloomberg, se le preguntó a Saylor si le inquieta la tenencia de Bitcoin, que puede utilizarse para evadir a los censores, los controles de capital y los contribuyentes. Más aún, las implicaciones de esto si los reguladores deciden dar un paso adelante con regulaciones más duras en algún momento futuro.

Saylor respondió diciendo que las empresas deben invertir en activos para prosperar y proporcionar valor a los accionistas. Reiteró los puntos anteriores sobre la elección de la(s) mejor(es) inversión(es) para lograr este objetivo. Y ante el panorama de las opciones disponibles, Saylor concluyó que el Bitcoin Pro es la inversión de mayor calidad que las personas e instituciones pueden comprar.

„Nuestras opciones, si queremos evitar la insolvencia, son comprar oro, comprar una cartera de acciones, quizás ir a comprar un montón de tierras madereras, o contratos de petróleo o algún tipo de materia prima.

Las empresas tienen que hacerse ricas en activos si van a prosperar y mantener el valor para los accionistas. Así que el Bitcoin es la propiedad de mayor calidad que pueden comprar“.

Es más, para responder a la pregunta, Saylor dijo que ya existen normas de AML y KYC para hacer frente a las preocupaciones más acuciantes de los reguladores. Aunque admitió que en el futuro podrían producirse más ajustes normativos, lo considera positivo en el sentido de que las instituciones tendrían más confianza para invertir en Bitcoin. En su opinión, esto provocará un aumento de los flujos de entrada.

El entorno normativo ya es bastante claro en este sentido, es decir, las normas AML KYC se han aplicado en todos estos intercambios.

Creo que habrá un poco más de paridad y precisión en los próximos uno o dos años. Creo que va a ser la luz verde para que las instituciones inviertan 10x, 100x más en Bitcoin. Así que creo que será bueno para la industria en general.

Los reguladores tienen que andar con pies de plomo

Los reguladores tienen la misión de proteger a los inversores. Pero, al mismo tiempo, una regulación excesiva de las criptomonedas puede ahogar un mercado floreciente que aún está en fase de desarrollo.

Aunque a Saylor no le preocupa la regulación, el director general de Ripple, Brad Garlinghouse, cree que la Comisión del Mercado de Valores de Estados Unidos (SEC), a través de su demanda contra Ripple, dio a entender que hay algo más entre bastidores.

Garlinghouse dijo que las acciones de la SEC son un intento deliberado de sofocar la innovación en criptodivisas. Añadiendo que este es un tema que todo proyecto de criptografía debería tener en cuenta.

„La SEC está haciendo lo contrario de „fomentar la innovación“ aquí en los Estados Unidos. No es solo el XRP lo que están atacando aquí“.

Incluso si Saylor confía en que los reguladores seguirán viendo algo favorable a Bitcoin, en el fondo de su mente debe estar la noción de que cualquier cosa puede suceder y que Garlinghouse puede tener un punto.

Project Polkadot clarified its roadmap earlier this week, and the DOT price exploded again, surpassing its all-time high. We take stock.

Polkadot’s DOT breaks all-time high

The Polkadot project is gaining momentum at the start of 2021, and this can be seen in the course of its native assets. The DOT thus reached 31.89 dollars early this morning, a new all-time high. The rise of altcoin has been particularly noticeable: it was still only worth around $ 5 two months ago. Since the beginning of February, the DOT has increased by + 105% , breaking record after record:

Polkadot’s cryptocurrency market cap now stands at $ 28.8 billion . The new DOT record allows it to overtake more frankly its immediate rival Cardano (ADA), whose capitalization stands at $ 26.9 billion. DOT is currently the 4th most capitalized crypto asset, and it is gradually closing the gap with Tether (USDT).

Polkadot dévoile on the roadmap

Several factors can explain this great escape from Polkadot’s DOT, including the bullish context in which the majority of cryptocurrencies have been evolving since the start of the year. The Polkadot project has also shown several signs of solidity : it aroused the interest of the giant Grayscale at the end of January, and should also benefit from the rise of Plasm Network, which creates bridges between its networks and the Ethereum blockchain.

But what also seems to have participated in this rise of the DOT is the update of the roadmap of Polkadot at the beginning of the week. The project has announced that it has started the test phase of its “parachains” , the secondary chains which allow it to optimize the resources of its networks. Once this step is completed, the Kurama network will be launched: halfway between a testnet and a mainnet, it will take charge of the last optimizations before a “real” launch of Polkadot.

Trzy i pół roku po uruchomieniu SegWit przyjęcie oszczędzającego miejsce formatu transakcji jest nadal dalekie od ideału.

Według analizy Marka „Murch” Erhardta z Chaincode Labs , 88% wszystkich wejściowych transakcji Bitcoin wiąże się z wyższymi opłatami niż to konieczne

Erhardt opiera swój wniosek na danych pokazujących, że tylko 12% danych wejściowych transakcji korzysta z formatu SegWit, który jest mniej kosztowny niż transakcje z wykorzystaniem starszych danych wejściowych.

Erhardt uważa, że poleganie na starszych opłatach transakcyjnych sprawia, że ​​bloki Bitcoin są mniejsze, niż mogłyby być w innym przypadku, przyczyniając się do pozornie rosnących zaległości w zakresie niepotwierdzonych transakcji.

Zatkana pamięć Bitcoin zawierająca 107 bloków transakcji w pewnym momencie wczoraj służy jako przypomnienie, że można zaoszczędzić pieniądze na opłatach, tworząc mniej kosztowne transakcje. Według Erhardta najłatwiejszym sposobem na to jest przyjęcie SegWit dla wszystkich przyszłych transakcji.

Erhardt zwrócił uwagę, że przejście ze starszych transakcji SegWit na wydajne pod względem danych jest konieczne, aby zminimalizować rozdęcie łańcucha bloków:

„Im dłuższe, mniej wydajne formaty wyjściowe są powszechne, tym większe jest przyszłe zadłużenie przestrzeni blokowej”

Erhardt uważa, że ​​integracja SegWit z głównymi usługami dostarczania portfela jest od dawna spóźniona, co przyczynia się do niepotrzebnego zapominania o mempool i blockchain. „Minęło prawie 3,5 roku od aktywacji SegWit”, zauważył na końcu wątku o stanie mempolu.

„W którym momencie można uznać portfele, które nie mogą wysyłać na natywne adresy SegWit, za nieaktualne?”

Przez lata pracował jako programista portfeli kryptowalut, zanim został zatrudniony w Chaincode Labs w 2020 roku, Erhardt jest specjalistą w zarządzaniu UTXO dla komercyjnych portfeli Bitcoin, pomagając im na różne sposoby oszczędzać pieniądze na transakcjach biznesowych i kosztach utrzymania.

Transakcje SegWit stanowią obecnie około 51% wszystkich transakcji Bitcoin; statystyka, która prawdopodobnie wzrośnie, ponieważ komercyjni dostawcy portfeli stają w obliczu rosnącego zapotrzebowania na obsługę adresów SegWit.

Szacunkowa minimalna opłata za włączenie do następnego bloku wynosi obecnie 149 sat / bajt, co odpowiada opłacie 14,97 USD przy cenie 44 870 USD za BTC.

Bitcoin is slipping back below $ 40,000, helping some altcoins to make big profits.

Bitcoin ( BTC ) slipped below $ 40,000 again on January 10th, after fluctuating around that mark for the past three days

The resistance at $ 41,500 could not be cracked over the weekend, which is why investors are increasingly switching to altcoins. Dash ( DASH ) and Bitcoin Evolution in particular were able to benefit from this with substantial gains today.

One of the reasons for the downturn is probably increased sell-off by miners. As reported yesterday , the „Miner Position Index“ (MPI), a key figure that puts the total of all Bitcoin funds leaving the wallets of known miners in relation to the annual average value, is currently a value that suggests that the miners sell excessively.

„The Miner Position Index suggests that we’re going to hit a ceiling,“ as CryptoQuant CEO Ki Young Ju wrote before Bitcoin went down today. To this end he added:

“They’re selling their $ BTC . I’m setting up a small short position to counter this short-term downturn. „

The other reasons for the downturn are also largely technical in nature. The “Crypto Fear And Greed Index”, a barometer for fear and greed in the crypto market, currently has a particularly high value, which makes a return all the more likely. The key figure has even been above 90 for two months, which shows “extreme greed” among investors.

Win Bitcoin Cash and Dash

The so-called „old season“, i.e. the phase in which the altcoins regain the upper hand, seems to be gaining momentum, because more and more investors are booking partial profits from the Bitcoin record run in order to convert them into „alternative cryptocurrencies“ such as Bitcoin Cash ( BCH ) to invest. The latter has climbed from $ 420 to an intermittent peak of $ 630 in the past 24 hours.

This means that Bitcoin Cash can for the first time free itself from a multi-year downward trend. The price of the Bitcoin offshoot has reached its highest value since November 2018.

Em uma entrevista recente, Charles Cascarilla , cofundador e CEO da empresa FinTech Paxos , explicou por que acha que “ter uma pequena alocação de Bitcoin Code é algo que quase todo mundo deveria ter”.

Em entrevista à âncora da CNBC Kelly Evans , na quinta-feira (17 de dezembro), Cascarilla foi questionado pela primeira vez por Evans se as pessoas cujos fundos de pensão investiram em Bitcoin deveriam se sentir confortáveis.

Ele respondeu:

“Eu acho que ter uma pequena alocação de Bitcoin é algo que quase todo mundo deveria ter … mas ao mesmo tempo é realmente pensar nisso como uma opção de compra.

“O objetivo de possuir ouro é porque você deseja ter uma reserva de valor. O objetivo de possuir Bitcoin é que ele pode se tornar ouro, então não sabemos exatamente se isso vai acontecer. Possivelmente não, mas, por outro lado, já existe há 12 anos.

“Ele passou por muitas turbulências, muitos testes. É o melhor exemplo que temos de ouro digital e o que vimos através da Covid é que a vida das pessoas é cada vez mais digital – elas estão online; eles precisam ter uma pontuação digital de valor.

“E tão importante quanto, todo mundo viu o que está acontecendo com o balanço do Federal Reserve, e as pessoas estão procurando maneiras de proteger seus ativos. E assim, o Bitcoin é um exemplo de uma maneira de fazer isso. ”

Evans concordou com o CEO da Paxos e o que ela disse em sua resposta aos comentários dele foi bastante interessante:

“Com certeza, Charles, embora seja interessante para mim que, de certa forma, seja simplesmente a mentalidade de rebanho, onde as pessoas percebem ‚tudo bem, haverá 21 milhões deles‘.

“Bill Miller mostrou este grande argumento: ele disse que há 47 milhões de milionários no mundo e haverá apenas 21 milhões de bitcoins … se todos os milionários do planeta quisessem apenas um, eles não conseguiriam – não há o suficiente. Então, você sabe, é apenas uma coisa de rebanho, onde todos percebem ‚ah, tudo bem, isso vai ser o que temos e então é melhor que todos nós possuamos‘, e desse ponto de vista, o céu é o limite, não isto?“

Artykuł, który pojawił się w chińskich mediach państwowych niedawno ogłosił, że Bitcoin bull rynek może być niedźwiedzi dla złota i metali szlachetnych.

Raport, który ukazał się w China Central Television (CCTV), najwyraźniej twierdzi, że rynek Bitcoin bull może wywierać długoterminową presję na złoto. Transmisję powtórzyli założyciel 8BTC, Red Li, oraz przedsiębiorca Qiao Wang z DeFi Alliance.

Reżim państwowy w Chinach nadal zdecydowanie sprzeciwia się Bitcoinowi i walutom kryptograficznym, ponieważ wprowadza on własną walutę cyfrową banku centralnego (CBDC/DCEP). Wang skomentował to;

„To naprawdę niesamowite, jeśli się nad tym zastanowić. Dziesięć lat temu zaczęliśmy drukować cyfrową księgę rachunkową, która dziś nadal ma mniej niż 1 terabajt, wysysając życie z elementu na tablicy okresowej f******, która istnieje od zarania wszechświata…“

Wygląda na to, że audycja zacytowała oświadczenie JP Morgan, w którym stwierdzono, że Bitcoin może być alternatywą dla złota.
Bitcoin osiąga lepsze wyniki niż złoto w 2020 r.

Niedawny raport Digital Asset Fund Flows od dostawcy ETF CoinShares również sugerował, że inwestorzy wycofują się z rynków złota i wchodzą do inwestycji opartych na Bitcoin.

Porównując wyniki tych dwóch bezpiecznych aktywów, widać wyraźnie, że jest tylko jeden zwycięzca. Od początku 2020 roku, a zanim pandemia Covid naprawdę uderzyła w światową gospodarkę, ceny złota wzrosły o 21% do obecnego poziomu według Goldprice.org.

Z drugiej strony Bitcoin wzrósł w tym samym okresie o 165% do dzisiejszych cen przekraczających nieco ponad 19.000 dolarów.

Pomimo tej rażąco oczywistej rozbieżności w wynikach aktywów, argumentujący inwestorzy w złoto, tacy jak Peter Schiff, pozostają nieprzekonani;

„Ostatnim chwytem marketingowym Bitcoin jest to, że wiele prywatnych i publicznych firm handluje swoim złotem i gromadzi Bitcoin jako preferowany magazyn wartości. Te nieliczne firmy, które kupują Bitcoin, nie zrobiły tego sprzedając swoje złoto. Bitcoin nie jest nowym złotem.“

Większa korekta dla metali szlachetnych

Gdyby złoto rzeczywiście było lepszym aktywem, zarobiłoby to więcej niż 20% w roku, w którym rynki finansowe zostały zniszczone, a składowanie wartościowych aktywów powinno wzrosnąć.

Nawet srebro osiągnęło lepsze wyniki niż złoto w ciągu ostatnich 12 miesięcy, zyskując około 34% od pierwszego stycznia. Jednak od początku sierpnia obie metale szlachetne mocno się poprawiły – złoto spadło o 11,3 proc., a srebro straciło 18,6 proc. od szczytów w tym roku.

Od 2020 roku Bitcoin wycofał się z rynku tylko o 4% w stosunku do obecnych cen, więc dane te mówią same za siebie.

We have gathered the most important news from the cybersecurity world over the past week.

Researchers told us about prices on the Russian market for „breakthrough“ data

DLBI specialists have published a study on the Russian market of human „breakthroughs“ in the darnet.

The median price for obtaining information on banking bases increased by 20% in 2020. An individual’s monthly account/card statement will cost an average of 5,000 to 12,000 roubles.

The price of a „breakthrough“ to subscribers of operators, namely – details of calls and SMS subscriber for the month, varies from 1500 to 15 000 rubles depending on the operator.

To obtain data on individuals from state databases (information about the owner of the vehicle from the traffic police, the movement of a person from the system „Rozysk-Magistral“ and data on passports from AC „Russian passport“) on average pay 1000-1700 rubles.

For more information on how the black data market works, read the ForkLog Exclusive.

Google will launch its own VPN

Google has announced the launch of its own VPN service. Google One for Android users can connect to it. Initially the opportunity will be available only to residents of the United States, support for the service for other countries and the operating system promised to add later.

The network has detected the sale of remote access to 7,500 organisations

At the Russian hacker forums the announcement on sale of access to 7500 organisations, basically connected with education has appeared. The seller offers access to hacked networks through the remote desktop protocol.

The intruder has organized an auction – the initial bid for the entire package starts with 25 BTC, and the option „Buy Now“ can be purchased for 75 BTC.

The extortionist Ragnar Locker attacked the game developer Capcom and the manufacturer Campari

The renowned Italian beverage manufacturer Campari, Cinzano and Appleton were the victims of an attack by the extortion software Ragnar Locker. The attackers allegedly stole 2 TB of confidential data and demanded a ransom of $15 million to recover the encrypted files.

In addition to the Campari Group, the malware attacked Capcom, a Japanese game developer known for its Street Fighter, Resident Evil, Devil May Cry, Monster Hunter and Mega Man. The hackers claim that they stole 1 TB of data.

The company has not disclosed the details of the Bitcoin Freedom, but a cybersecurity researcher under the nickname Pancak3 has confirmed that Ragnar Locker operators are behind it.

Russia wants to impose fines for violations of critical information infrastructure security.
The Government of the Russian Federation has submitted a bill to the State Duma which envisages the introduction of large fines for violation of critical information infrastructure security requirements and late submission of information to the authorities responsible for eliminating computer attacks.

It is assumed that fines may reach 500 thousand roubles.

The US authorities have disclosed new types of malware and intensified the search for foreign hackers.
U.S. Cyber Command, together with the FBI and the Agency for Cyber Security and Infrastructure Protection (CISA), detected new types of ComRAT and Zebrocy malware, which the authorities said were used in hacker attacks on government agencies.

According to the report, they are used by the hacker groups Turla and APT28, which are linked to the Russian Federation.

In addition to searching for Russian hackers, the Cyber Command has focused on identifying cybercriminals from China and Iran in recent years and especially before the presidential elections.

Apple and Google have fixed several vulnerabilities already exploited by hackers

Apple has introduced updates for iOS and iPadOS that address zero-day vulnerabilities.

Several updates, also aimed at fixing 0-day vulnerabilities, were reported on Google.

Specialists called on users to update their devices as soon as possible.

The Brazilian Supreme Court suspended systems due to a hacker attack

The Brazilian Supreme Court was attacked by an extortionist virus, forcing it to shut down its systems. Specialists believe that the RansomExx hackers were responsible for the attack.

The websites of many other government organisations have also been disabled, but it is not known whether the same hackers attacked them.

A private prison operator talked about an attack by a extortionist virus.
GEO Group, known for its private prisons and detention centres for illegal immigrants in the US and other countries, was attacked during the summer using extortion software.

Hackers gained access to personal data from inmates and staff in several US facilities.

Also at ForkLog:

  • Databases with 34 million user records from 17 companies were found on the network.
  • The media reported that hackers put up 10,000 passwords for Robinhood users for sale.
  • The researchers found hackers in double extortion and data storage.
  • According to ESET, hidden mining programs increased in the third quarter of 2020.

What to read at the weekend?

How Palantir works – a company that has armed security services with algorithms for mass surveillance.

Subscribe to ForkLog news at Telegram: ForkLog Feed is the whole news feed, ForkLog is the most important news and surveys.

Eis porque Bitcoin nunca mais verá outro evento de Selloff em estilo de março

O Bitcoin percorreu um longo caminho desde onde estava há pouco menos de um ano, com a selloff de 12 de março enviando a moeda criptográfica a mínimos de 3.800 dólares – a partir dos quais viu um crescimento exponencial de alta.

Um analista está agora observando que os dias da BTC vendo eventos de selloff como este terminaram, com sua estrutura de mercado subjacente amadurecendo a um ritmo rápido durante os últimos meses.

O recente êxodo da BitMEX pode estar contribuindo para sua estabilidade, já que o Bitcoin Era mercado está agora sendo impulsionado principalmente pelo volume de comércio à vista e não pelo volume de margem.

Há uma métrica na cadeia que reforça ainda mais esta noção, com a relação de troca de baleias permanecendo incrivelmente baixa durante todo o curso da tendência de alta parabólica do BTC.

Isto indica que os grandes investidores têm pouco interesse em descarregar suas participações, apesar do preço da Bitcoin ser atualmente negociado apenas 10% abaixo de seus máximos de todos os tempos.

Desde que os grandes vendedores não aumentem e comecem a colocar pressão sobre o criptograma, pode estar bem posicionado para ver significativamente mais acima nos próximos dias e semanas.

Bitcoin se estabiliza abaixo de $18.000, apesar da recente Selloff

No momento em que escrevo, a Bitcoin está negociando um pouco mais de 1% a seu preço atual de $17.900. Isto marca um enorme aumento em relação aos mínimos diários de $17.400, mas um declínio notável em relação aos máximos de $18.600.

Apesar da selloff de mais de US$1.000 observada quando a BTC atingiu altas de US$18.600 na noite passada, a moeda criptográfica se estabilizou desde então e agora está tentando se recuperar acima de US$18.000.

Onde as tendências do mercado a curto prazo dependerão em grande parte da possibilidade ou não de a BTC conquistar uma posição firme acima deste nível crucial.
Os dados na cadeia sugerem que a BTC não verá nenhum evento de venda em massa.

O CEO da CryptoQuant – uma empresa de análise na cadeia – explicou em um tweet recente que ele não acredita que Bitcoin verá mais eventos de venda em massa acontecendo.

Ele argumenta que a relação de troca de moedas criptográficas ainda é incrivelmente baixa, sinalizando que grandes investidores não estão vendendo para este rally.

„Caro baixinho do BTC, você pode me chamar de moço da lua, mas infelizmente, não haverá um salto em massa como em março deste ano. A relação de troca de baleias (90 dias de MA) ainda é muito baixa. A alta de longo prazo é inevitável“.

A não ser que as chamadas „baleias“ tentem atingir os máximos de todos os tempos do Bitcoin e vendam cerca de $19.000, há uma forte possibilidade de que a moeda criptográfica quebre acima deste preço e entre no modo de descoberta de preços.

Toronto-baserede investeringsforvalter 3iQ Corp. søger at skaffe yderligere finansiering gennem at foretage et statskøbstilbud til sin børsnoterede Bitcoin Loophole, der handler på Toronto Stock Exchange.

En erklæring, der blev offentliggjort i dag med en beskrivelse af investeringsfordelingen, siger, at fonden, der forvaltes af 3iq, sælger op til 1.050.000 klasse A-enheder for at rejse ca. C $ 25.200.000 eller ca. $ 19,3 millioner

Klasse A-enhederne tilbydes til en pris på C $ 24,00 pr. Enhed, en gunstig pris end gårsdagens tæt på TSX til C $ 30,38. 3iQs lukkede bitcoin-fond tilbød oprindeligt klasse A- og klasse F-enheder til $ 10 hver. For at få flere og flere købere var der ingen grænse for minimumskøb.

”Tilbudsprisen for klasse A-enhed blev bestemt for at være ikke-udvandende til den senest beregnede nettoformue pr. Klasse A-enhed den 5. november 2020 plus det samlede enhedsgebyr og udgifterne til udbuddet,” selskabet forklarer.

På trods af at den handles på den canadiske børs og drives af den canadiske investeringsforvalter 3iq Corp, er værdien af ​​investeringen denomineret i amerikanske dollars

3iQ forvalter allerede to private investeringsfonde – 3iQ Bitcoin Trust og 3iQ Global Cryptoasset Fund – som startede som en privat placering kun tilgængelig for akkrediterede og institutionelle investorer i Canada. Tidligere i år annoncerede 3iQ fusionen af ​​3iQ Bitcoin Trust i The Bitcoin Fund og distribuerer klasse B-enheder i fonden som kvalificeret under prospektet.

De børshandlede produkter giver aktionærer direkte eksponering for bitcoin-værdi. Den ikke-indløselige investeringsfond har også til formål at opnå kapitalstigning gennem en langsigtet beholdningsstrategi.

Efter en appel har 3iQ tidligere sikret sig godkendelse fra Ontario Securities Commission om at tilbyde sin Bitcoin-fond til canadiske investorer . I september har det også flydet sin Bitcoin-fond på Gibraltar-børsen, et skridt, der sigter mod at udvide sin investorbase uden for dets oprindelige noteringsområde i Canada.

For at yde støtte til fonden sagde 3iQ, at det behandlede spørgsmålene om prisfastsættelse, forvaring, revision og offentlig interesse i en reguleret investeringsfond. Det fungerer som investerings- og porteføljeforvalter for fonden, mens New York-baseret kryptobørs Gemini Trust vil udføre opbevaringsfunktionerne for de bitcoins, der holdes i fonden.

3iQ samarbejdede også med aktivforvalter VanEck for at udvikle et Bitcoin-benchmark i partnerskab med VanEcks MV Index Solutions, en reguleret indeksudbyder til udvikling af kryptokurrencyindekser og dataserier.

An Eth2 developer has suggested that the deposit deal won’t be done until mid-November.

This pushes back the launch time for Eth2 by several weeks

Eth2 has lost traffic and momentum in recent weeks as developers bustle about delivering a scaling solution.

The Trust Project is an international consortium of news organizations based on transparency standards.

An Ethereum Foundation researcher said the ETH 2.0 deposit agreement is expected to launch in mid-November. This follows a number of setbacks for Ether’s urgent scaling solution.

On the Bankless podcast, Danny Ryan, a researcher at the Bitcoin Future platform, said that the ETH 2.0 deposit agreement is not quite ready . The latter must obtain the green light from a crypto auditing company before being put into service.

The developer also noted that it was “essential” that the deposit contract be secure, as it could disrupt everything from signals to wallet addresses to deposits.

The Ethereum deposit contract would allow holders of ethers (ETH) to realize Ethereum stakin. The protocol is in the process of moving to a consensus proof of interest algorithm. The contract is expected to launch in mid-November, according to Ryan.

In an October 18 blog post , Ben Edgington, a developer of Eth2, said he expected the deposit agreement to launch “in a few days”, adding “we are ready to go”.

A glimmer of hope

According to Edgington, the launch of Beacon Chain would likely follow the confirmation of the “six week” deposit contract. The deposit contract having been postponed, the launch of Beacon Chain also seems to be postponed.

The shift from the work program model is the most significant change in ETH 2.0, although it is only one step in a larger process. Beacon Chain is one of the many different blockchains that will power the new system. Beacon Chain allows different smaller sharding chains to communicate with the main chains and is therefore integral to the success of ETH 2.0.

Although developer Evan Van Ness said a few weeks ago that the Beacon Chain launch was slated for a few weeks, the community is still waiting for it. Mr Ryan said researchers are still aiming to launch Beacon Chain by the end of 2020.

Relentless testing for ETH 2.0

Lately, the launch of Eth2 seems to be moving away in time. On September 29, the developers launched the “Spadina” testnet, which quickly failed. More recently, operators have dropped the important “ Medalla ” testnet , which raises questions about the actual readiness of Eth2. According to Bitfly, an Austrian blockchain company, the testnet is very resource intensive and adjustments still need to be made.