Ethereum’s largest smart contract is “stuck” on the Beacon Chain, with 8,641,954 ethereum worth approximately $33.5 billion being transacted.
A user who brought the issue to the agenda on Twitter shared Beacon Chain, the largest smart contract of the Ethereum networkbillions of dollars in ethereum “jammed” said that.
The ethereum in the smart contract was launched in November 2020. Ethereum 2.0 It is not possible to work without Beacon Chain staking contract and Hard Fork. In addition, the terms of the Hard Fork have not yet been determined. Hard Fork conditions will be determined after Beacon Chain merges with Ethereum mainnet. Some people despite being conscious of the situation continues to lock Ethereum to contract.
Beacon Chain, Ethereum proof-of-work from the system proof-of-stake (PoS) It will be the first key step to move it to the system. on Ethereum 2.0 confirmatory Those who want to be have to lock 32 ethereum into the smart contract.
The merger of the Beacon Chain smart contract with the Ethereum mainnet will complete the transition to the proof-of-stake system. According to the information shared on the Ethereum website, this transition process In the first or second quarter of 2022 will happen.
