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Post #3118
@cryptosentinel
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🔥Ethereum 2.0 deposit contract surpasses $30B in value🚀 ▶️ The Ethereum 2.0 deposit contract currently contains 9,403,649 ETH, or about $31 billion. ▶️ This deposit contract allows users to transfer funds from Ethereum mainnet to Beacon Chain, a parallel Proof-of-Stake network. ▶️ Ethereum is expected to switch to Proof-of-Stake with a proposed merge with Beacon Chain, tentatively scheduled in June 2022.