In the latest report, the launch date of Ethereum 2.0 was legally locked on December 1, 2020.
The announcement was made following the successful collection of 524,288 Ether deposit contracts from 16,384 validators as set for November 5.
Initially, the record of participation recorded a low rate, prompting concern if the plan would fail.
However, in the last 14 hours a total of Ethereum assets of over 200,000 ETH were sent as deposit contracts for the launch of the new technology.
As expected by blockchain developer Ethereum, the number was successfully reached 7 days before the official launch in early December.
This means that once they enter the deposit, ETH 2.0 participants will not be able to withdraw their coins until the platform reaches Phase 1.5.
While in that phase, the Ethereum mainnet will be integrated with the ETH 2.0 beacon chain and protected environment, where most hodlers are waiting for third parties to launch betting services that allow for withdrawals.
However, the wait is at risk of being exposed to exit scams, namely the loss of funds carried away by the project founder.
