Will the Ethereum 2.0 Genesis Event happen successfully on December 1st, 2020?
Ethereum
PolymarketClosedCheck availabilityNo KYCVerified resolution dataWell calibratedThis market resolved: Yes
Limited resolution evidence
CoinRithm can show the recorded outcome, but not every settlement field is provider-verified.
Probability Timeline
Yes100%
No0%
YesWon
NoLost
Rules
This is a market on if the Ethereum 2.0 Beacon Chain genesis event will happen successfully on December 1st, 2020, as planned contingent on the ETH deposit threshold being met in time.
- The ETH 2 “MIN_GENESIS_TIME” is December 1, 2020, 12pm UTC.
- If the genesis event doesn’t happen by December 1st, 11:59pm EST, this market will resolve to “No” - and in the unlikely scenario that it happens before November 30th, 11:59pm UTC, the market will also resolve to “No”.
- The threshold for the genesis event to occur on December 1st is for there to be at least 16,384 32-ETH validator deposits, 7 days prior to December 1st.
- If the threshold is met, and the genesis event doesn’t happen successfully before resolution time due to unforeseen circumstances, the market will still resolve to “No”.
- For more information, read this blog post https://blog.ethereum.org/2020/11/04/eth2-quick-update-no-19/ and the hyperlinked smart contract and documentation in it.
