Ethereum closer to Ethereum 2.0 after a new update, price rises 4% and tops $ 400

Ethereum is one step closer to Ethereum 2.0, the new version of the network. Last night in the US election's hectic pace, a developer posted an essential update on GitHub.

Adam Barlam is the founder of blockchain company Chain Games. He saw the Ethereum update this morning "Quietly publish the Ethereum 2.0 landfill address during election night. Secretly, very secretly!"

Barlam has a point there. The timing of the message on Github couldn't be worse in that regard. Fortunately, crypto enthusiasts keep a close eye on all steps of Ethereum.

Contrary to what Barlam suggests, this is not yet the final address to which you can send your ethers to strike. According to Github's text, you should consider the program as a tool to transfer your ethers to the new Ethereum 2.0 network. The tool creates the keys with which you can transfer the coins. Quite a technical process, and only recommended if you are good at the subject.

This tool is a precursor to the so-called phase 0 of Ethereum 2.0. That is the first version of Ethereum's new network. In phase 0, it is possible to strike your ethers. This means that you use your coins to validate transactions on the network. In return, you get ethers.

In recent months, Ethereum developers have been working hard to enable Ethereum 2.0. Several test networks were reviewed, with exotic names such as Zinken, Spadina, and Medalla. These tests were successful because soon, you can expect the Ethereum 2.0 deposit address.

After the news was published, the number of Ethereum addresses with at least 32 Ethereum hit a record high (ATH) of 126,852.

The good news has had a lot of effect on the Ethereum price so far. The share price has risen by 4 percent today, and a clear upward trend is visible. The exchange rate is now 342 euros, or 402 dollars. Who knows, maybe $ 500 will be possible if there are even more investors who save 32 ETH.