Will the Ethereum Foundation Deposit to Ethereum 2.0

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Ethereum 2.0 is just about half way towards meeting its minimum requirement of 524,000 eth with 250,000 eth deposited at the time of writing. There’s just about two days to go now to meet that requirement for a genesis block launch on December first. Something that may well be achieved, but although ethereum’s co-founder Vitalik Buterin has deposited some 6,400 eth so far, the Ethereum Foundation (EF) itself has not deposited any eth. They currently hold 560,000 eth, worth a cool $300 million, with EF spending about 40,000 eth this year so far, or realistically about $10 million. They have other accounts however, including dollar funds, with these eth spendings being kind of on top. To preserve those funds for as long as possible, the Ethereum Foundation could well stake and operate based on those staking profits. Vitalik Buterin, ethereum’s co-founder, said in 2018 that the Ethereum Foundation did not…

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