The Spadina testnet of ETH 2.0 has been scheduled for genesis before the month ends, on September 29 at 12 pm UTC, as per the dev update.

The means, next week, a “dress rehearsal” Testnet for the community to practice sending deposits, launching beacon nodes, and validator clients starting from genesis.

For this, Eth2 Standard API definitions are complete, and implementation started, and voluntary exit implementation is ready. Prysm web UI beta testing, meanwhile, will be coming in the first week of October.

It is a small scale testnet that will last just three days with 1024 validators with the main net spec requiring 16384 validators to launch.

For the eventual launch of Ethereum 2.0, Spadina’s deployment was announced a couple of weeks back, following the Medalla testnet going live last month.

This mainet-configuration test network will run parallel with Medalla with the aim to practice the more difficult and risky parts of the process before reaching the mainnet.

ETH 2.0 is expected to go live later this year or early next year with its phase-zero launch, but not everyone is excited to stake.

1/ Why I won't be staking ETH at launch, a thread…#Ethereum #eth2

Like many of you, I am excited for ETH2, the Beacon Chain, Phase 0, and everything that will come after.

I have participated in Onyx, Witti, Altona, and Medalla test networks.

I tried Prysm and Lighthouse.

— Chase Wright (@mysticryuujin) September 23, 2020

Still, a good 65% of 287 respondents of the ConsenSys survey revealed earlier this year that they intend to stake 32 ETH.

However, the extremely high fees and congestion on the Ethereum network are making it unusable for the small players for now. As we reported, Coinbase will no longer be covering the gas fees for its users.

“The Ethereum gas price is high due to increased network activity, which means that we have to find avenues to either support this increase in activity, or to reduce it,” said Kosala Hemachandra, founder and CEO of MyEtherWallet (MEW).

According to him, this can be done by “increasing the block gas limit to a safe amount and also by utilizing existing layer 2 solutions.”

Just this week, Optimism took its first step towards its testnet with Synthetix, Chainlink, and Uniswap being the early adopters.

Coin Market Cap

24 Hour Volume

24 Hour Change

The post Ethereum 'Getting Ready for Spadina' Testnet Next Week first appeared on BitcoinExchangeGuide.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

228 +