Phase 0 ANNOUNCED - ETH STAKING IS HERE | Preston Van Loon of Prysmatic Labs ALPHA LEAK
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Bankless
4.7 • 1.2K Ratings
🗓️ 4 November 2020
⏱️ 74 minutes
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Summary
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Phase 0 is HERE - ETH STAKING December 1st!
What Happens on December 1st?
Can we just send ETH to depositcontract.eth?
What else do we have to do?
How much ETH is required in the deposit contract?
What are the risks? How do I avoid getting slashed?
We bring Preston Van Loon from the Prysmatic Labs team to inform us of WHAT JUST HAPPENED!
LINKS: Launchpad for Staking ETH and running an ETH 2 validator: https://launchpad.ethereum.org/
MAKE SURE YOU KNOW WHAT YOUR DOING. START BY WATCHING THE VIDEO on YouTube: https://www.youtube.com/watch?v=SkUiw1y3BHU&feature=youtu.be
Ethereum.org Official Blog: https://blog.ethereum.org/2020/11/04/eth2-quick-update-no-19/
Deposit contract Etherscan address: https://etherscan.io/address/0x00000000219ab540356cBB839Cbe05303d7705Fa
Follow Preston on Twitter: https://twitter.com/preston_vanloon
Prysmatic Labs website: https://prysmaticlabs.com/
RocketPool Meet the Nation: https://www.youtube.com/watch?v=cqf6aJCFZn8&t=599s
RocketPool Tactic: https://bankless.substack.com/p/how-to-mint-reth-on-rocket-pool
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Transcript
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| 0:00.0 | Welcome, Banquist Nation. This is a special episode that we are bringing to you on the podcast. |
| 0:19.9 | This is Alpha Week. David, we only do Alpha Weeks when something alpha happens. When we |
| 0:26.2 | know that there is something that you want to know about and you need to react to quickly, a major |
| 0:31.8 | type of event. What is this Alpha Week today? Man, the Alpha Week that we are talking about today |
| 0:37.7 | is something that I think we've seen coming a long way off but that doesn't change how big of a |
| 0:43.3 | deal it is today. Alpha Weeks are when we just need to drop everything and get into the content |
| 0:49.4 | production mode to talk about what's going on and what is going on is the Ethereum 2.0 Phase 0 deposit |
| 0:57.4 | contract has been announced. Starting on December 1st, the December 1st could be the day that Phase 0 |
| 1:04.5 | goes live. There's a lot of conversations to be had about how to prepare for this. We all want to |
| 1:10.0 | be a part of the group that helps Ethereum 2.0 get off the ground. This podcast episode, this |
| 1:16.5 | YouTube video, depending on where you're watching it, is going to help you understand what the hell's |
| 1:21.0 | going on with the deposit contract with Phase 0 and how you can help grow Ethereum 2.0. Starting |
| 1:27.4 | on December 1st, it could be as soon as December 1st. Absolutely. We want you to be able to find |
| 1:33.5 | the Alpha in the midst of all this. We're doing two things. First, we're going to give you an |
| 1:38.0 | overview of what is happening, what just went on the significance of it, how you can get involved. |
| 1:45.0 | Then we're also going to be bringing on Preston Vanloon, who's a developer at a E2 client called |
| 1:51.0 | Prism. We go through and we ask a whole bunch of questions of Preston and we get in-depth |
| 1:57.0 | into how to stake. How can you stake from your home? What are the risks? What are the rewards? |
| 2:03.8 | All of those details as part of this Alpha leak episode as well. With that, David, we should just |
| 2:10.5 | get right into it. It was like, I was having kind of a rough day, not knowing who the present is |
| 2:16.5 | and everything else, like this morning when I woke up. Uncertainty. It's something that you talked |
| 2:21.2 | about on Mondays posts on bank lists that, hey, this election could go one way or the other, |
... |
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