Users of the polymarket prediction market doubt the launch of Ethereum 2.0 on December 1
The launch of the zero phase of the Ethereum 2.0 update is scheduled for December 1. For this to happen, by November 24, future stakes must transfer at least 524,288 ETH to the address of the Deposit contract. Otherwise, the launch will be delayed. At the time of publication, the Deposit contract contains only 103,296 ETH, or about 20% of the required amount.
Against this background, participants in The polymarket prediction market estimate the probability of issuing a zero block of Ethereum 2.0 on December 1 at 39%, while the chances of shifting the date, in their opinion, are 61%. Two weeks ago, the ratio was reversed, the Block notes.On November 6, Polymarket users bet 75 to 25 that the launch of Ethereum 2.0 will take place at the earliest possible date. However, as the deadline approaches, ETH holders show no interest in transferring their assets to the address of the Deposit contract. Their slowness can be explained by the fact that they will be able to withdraw deposits only after the transition of Ethereum 2.0 to a functional state, which is expected to take place next year.
Other members of the community also doubt the feasibility of collecting the required number of deposits in a timely manner. So, developer Eric Conner suggests setting a fixed launch date for November 15 and canceling the Deposit volume requirement.
Ethereum co-founder Vitalik Buterin previously admitted that the number of deposits may increase sharply in the last days of the deadline.