Eth 2.0 Beacon Chain finally goes live activating Phase Zero

The Ethereum 2.0 Beacon Chain goes live at 12:00 UTC, thus enabling staking rewards for validators on the network.

By · Dec 2, 2020 . 5min read

Eth 2.0 Beacon Chain goes live latest news

Eth 2.0 Beacon Chain has just gone live at 12:00 UTC as slated ushering Ethereum 2.0 Phase Zero. This effectively enables staking rewards for validators on Ethereum network.

As Eth 2.0 deposit contract went live on November 4th, it saw more 878,561 ETH locked in worth more than $500 million at ETH’s current market value.

As with every blockchain with a genesis block, Eth 2.0 genesis block went live ushering in a potential 100,000 tps capacity network.

Eth 2.0 genesis block contains a strange message directing to ” Mr F “

Vitalik Buterin after Beacon Chain went live took to Twitter to meme about the epoch event. Eth 2.0 genesis block contained a strange message which read:

“Mr F was here.”

Consequently, Vitalik tweeted;

Clearly, Vitalik is throwing shades at Bitcoin genesis block cryptic message. Satoshi had embedded a cryptic message which reads:

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks

While Ethereum enthusiasts are sending in their congratulations on the lift of Eth 2.0 Phase Zero, Bitcoin Maxis continue their trolling.

Quite interestingly, some members of the community were asking what or who is “Mr F”. While speculations were ongoing as to what that might mean, someone, posted this:

Trustnodes also corroborated that it was indeed authentic. That has also sparked off some reactions among members of the community. For instance, someone responded to Hudson Jameson’s tweet.

maybe this actually does show just how profound Ethereum is, since instead of a well planned pre prepared speech from some famous well known person, what we have here is literally some normal unknown dude making some personally important reference- real decentralized not 4 show!

Quite another jab to Bitcoin’s genesis block with a grandiose meaning. It will be interesting to see what the future of the largest smart contract network holds especially in the broader industry.

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