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When will Ethereum switch to POS (Ethereum will switch to POS transfer in early March)

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When will Ethereum switch to POS? According to OKLink data from Ouke Cloud Chai

When will Ethereum switch to POS (Ethereum will switch to POS transfer in early March)

When will Ethereum switch to POS? According to OKLink data from Ouke Cloud Chain, as of 16:30 today, the Ethereum contract address has received 524,288 ETH. The number of addresses holding 32 POS coins accounts for 19.17% of the total.

When will ETH switch to POS? According to the official announcement of ETH, after the Ethereum merge to PoS, it will be divided into four phases: Phase0, Phase1, and Phase2. In eth1.0, we will deploy the beacon chain into the eth2.0 mainnet first. Starting from Phase2, the eth network will support staking, and under the POS mechanism, users can freely choose the staking ratio.

Ethereum will transfer to POS in early March

Anthony Sassano, the co-founder of the Ethereum client execution team EthHub, stated that eth2 merge is expected to take place before March 2021. In the coming weeks, we will conduct a fork transfer of the ETHPoW network: from the current 0x00 to eth1. Since eth2 is already past its half-life (at least for a little over a year), we have decided to allocate a portion of the block rewards to stakers. If there are enough validators participating in the future, then our share of ETH held on the entire Pow blockchain will not be reduced by half.

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