[Notice] Open Ethereum 2.0

bithumb_official
The Bithumb Blog
Published in
2 min readJan 19, 2021

Fellow Bithumb Users,

This is No.1 Digital Asset Platform, Bithumb.

‘Ethereum 2.0’ is the next step of Ethereum ecosystem.

An upgrade of existing proof of work(PoW) consensus mechanism switch to proof of stake(PoS) is now in a progress.

Anyone can participate in staking, validating blockchain and getting a reward during that time.

1. Service Introduction

■ Subion Round : 1st round

■ Total Scale :640 ETH

■ Period : 1/19 ~ 1/20 (16:50)

■ Min/max subion amount per account : 0.1 / 320 ETH

■ Details of Staking operation

- Actual Staking will be conducted on 2/2

- Activation time may take more than 21 days until the actual reward accrued after the staking action completed

- ‘BETH’ will be distributed with 1:1 ratio and it is based on the number of ETH users actually stakes and reward

- The transaction of distributed BETH is currently not available. We will make a separate announcement regarding this matter after an internal review.

- Even if the transaction of distributed BETH become available, external deposit or withdrawal will not be allowed until ethereum 2.0 development completed.

■ Bithumb ethereum 2.0 staking service will follow the official operation policies by Ethereum foundation. For more information, please refer to the official website (https://ethereum.org/eth2/)

■ For introduction and precautions of bithumb ethereum 2.0 staking service, please refer to the ethereum 2.0 staking website.

We highly appreciate for our customers interest and participation.

Thank you.

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bithumb_official
The Bithumb Blog

Official Medium account of Bithumb, No.1 Digital Asset Platform based in Korea. https://en.bithumb.com/