Ethereum 2.0 Planned For Launch on the 3rd of January 2020

Phase zero of ethereum 2.0, which enables Proof of Stake (PoS), is targeted to launch on the 3rd of January 2020, seven months from now.

That would be precisely 11 years after bitcoin’s genesis block was launched on the 3rd of January 2009, with Justin Drake, an eth 2.0 researcher, citing the 11th bitcoin anniversary as one reason for choosing that specific date.

He said they’re on track for phase zero spec freeze this June 30th, in about two weeks.

Thus, for new realistic targets, there are two milestones. First, the deposit contract is to launch ahead of the genesis block to allow validators to make deposits.

They’re hoping at least 2 million eth will be deposited, with a deposit contract ceremony to be held at Devcon in Japan “so that we can all agree on the address of the deposit contract and avoid scam deposit contracts,” Drake said.

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