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There is a well-thought out and well-designed process for all stages of this. You can read up on that on the https://ethereum.org/en/eth2/ https://ethereum.org/
by Erlich_Bachman 6y ago
There is a well-thought out and well-designed process for all stages of this. You can read up on that on the https://ethereum.org/en/eth2/ https://ethereum.org/en/eth2/
- ArtTimeInvestor 6y agoBeen poking around for a while but did not find the part where it explains how ETH moves from the old chain to the new prior to the merge. Do you know where it is described?
- michaelsbradley 6y agoIt involves something called the staking deposit contract: https://ethereum.org/en/eth2/staking/ https://ethereum.org/en/eth2/staking/ https://launchpad.ethereum.org/overview/ https://launchpad.ethereum.org/overview/ Picking any active validator on the Beacon Chain, we can see that there is an Eth1 deposit and a corresponding Eth2 deposit: https://beaconcha.in/validator/91676#deposits https://beaconcha.in/validator/91676#deposits https://beaconscan.com/validator/91676#deposits https://beaconscan.com/validator/91676#deposits If you're interested in the technical details, see: https://github.com/ethereum/eth2.0-specs/tree/dev/specs/phase0 https://github.com/ethereum/eth2.0-specs/tree/dev/specs/phas...