Ethereum 2.0 nears launch with deposit contract expected this week

The long-awaited new version of Ethereum’s decentralised platform is close, with its deposit contract expected to launch this week.

Ben Edgington, a developer at Ethereum-focused software company ConsenSys, posted a blog post this week in which he said: “As I understand it, we are good to go: deposit contract in the next few days; beacon chain genesis 6-8 weeks later.”

Edgington adds the disclaimer that it’s not an official statement.

Ethereum 2.0 is...

Decentralised platform Ethereum is hiring a dedicated security team for 2.0

The Ethereum Foundation is hiring a dedicated security team to ensure the next version of the decentralised platform is as robust as it needs to be.

A lot of money relies on the security of Ethereum. The explosion in DeFi (decentralised finance) means there is now $4.3 billion "locked up" in Ethereum apps – an increase of 442% over the past three months. Yet, this is tiny compared to the figures we could be discussing in a few years as DeFi growth continues and more use cases...