This Is Why Ethereum’s Largest Testnet Launch Was Postponed

2023-9-16 20:53

Ethereum’s highly anticipated Holesky testnet will not launch as scheduled due to a parameter mismatch. Still, it is set to become the largest testnet on the blockchain network.

Ethereum researcher Protolambda pinpointed the inclusion of extraneous data into an incorrect file as the cause of a misconfiguration issue. Moreover, there are reported discrepancies in certain fork parameters, which led to a network failure.

Holesky Testnet Launch Rescheduled for the Following Week

The launch of Holesky Testnet has been pushed to next week after a consensus among Ethereum Foundation developers and clients.

It is crucial to note that the postponement is not related to concerns about the network’s size. Instead, the test network will proceed as initially envisioned.

“We had a misconfiguration in the el genesis file and that led to the holesky network improperly launching. Some validators manually fixed the config and were able to start the chain, but not enough for the network to finalize,” Paritosh, an Ethereum Foundation DevOps, said.

Set to be Ethereum’s most extensive testnet, Holesky aims to bolster smart contract testing capabilities. With 1.46 million validator nodes, it will have twice the capacity of the mainnet. Indeed, the mainnet currently stands at approximately 700,000 nodes.

Read more: When Are Ethereum Gas Fees Lowest?

Holesky’s significance stems from offering Ethereum developers a sturdy platform to test decentralized applications, complementing other options like Sepolia and Goerli. Some developers have found challenges with these existing platforms due to their smaller validator sets.

Holesky’s increased scale is expected to provide developers the means to thoroughly test their infrastructure and upgrades in an environment mirroring the Ethereum mainnet. This proactive measure seeks to identify and resolve scaling problems on the testnet before they affect the Ethereum blockchain. Therefore, paving the way for a stronger decentralized ecosystem.

Ethereum Price Performance. Source: BeInCrypto

Read more: How to Sell Ethereum, The Full Guide

Despite the Holesky delay, Ethereum’s price was not notably affected. It experienced a modest 0.84% uptick over the past day but is still down by over 8% in the last month.

The post This Is Why Ethereum’s Largest Testnet Launch Was Postponed appeared first on BeInCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 2449.08 (+0.20%)
Объем 24H $19.115b
Изменеия 24h: 0.76 %, 7d: -7.62 %
Cегодня L: $2366.56 - H: $2469.68
Капитализация $294.911b Rank 2
Цена в час новости $ 1635.35 (49.76%)

testnet largest launch ethereum postponed network blockchain

testnet largest → Результатов: 31


Фото:

Cardano (ADA) Launches Shelley Network Testnet 

Cardano (ADA), the 12th largest distributed ledger technology (DLT) project in the world, has achieved another significant milestone in its journey towards full decentralization. The Cardano team has successfully launched the networked Shelley testnet, which it says is the first decentralized implementation of the Ouroboros Genesis consensus algorithm, according to a blog post on SeptemberRead MoreRead More.

2019-9-28 09:00


Enjin Collaborates with Unity to Launch Blockchain SDK on Ethereum Testnet

Enjin announced the launch of the testnet version of their blockchain software development kit (SDK) for Unity. According to the company’s press release published on Mar. 3rd, the partnership with Unity Technologies will enable Enjin to demo the testnet at Game Developers Conference (GDC), the world’s largest gaming industry event on Mar.

2019-3-7 23:37


Binance to Give Away $100,000 in BNB to Test its Decentralized Crypto Exchange

Binance, the world’s largest crypto trading company by volume and geographical presence, is giving a rare offer to its users: get paid for testing its newly released decentralized exchange. The Malta-based startup announced Friday that it is going to distribute $100,000 worth of rewards in its “testnet trading competition.

2019-3-1 19:23