Does depositing ETH to the ETH2 Deposit Contract look like a separate ETH2 is created? Or is it just a one-way deposit?
Asking this question because its often referred to "converting" ETH to ETH2 (coinbase uses this).
Looking at the ETH2 deposit contract it looks like its ETH just locked up.
When I read more about the "docking" also, it looks like the Mainnet will become a shard on ETH2.0, so once withdrawals are allowed, the same ETH can theoretically be withdrawn onto the same network?
Do I understand this correctly?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments