Staking Ethereum 2.0 will be launched in the third quarter of 2020

The staking mechanism in the Ethereum 2.0 Beacon network with a probability of 80–90% will be activated in July this year, said Ben Edgington, the developer of the ETH 2.0 Teku client.

“Beacon is the beginning of the journey. This is the self-sustaining Proof-of-Stake chain. It can be activated in a few weeks or months. But I’m 80–90% sure that they will launch it by the third quarter” Edgington said.

The Beacon Chain is the main element of the zero phase of Ethereum 2.0. In it, users will be able to stake their assets to ensure system security and generate passive income.