Showing posts with label eth 2.0. Show all posts
Showing posts with label eth 2.0. Show all posts

Ethereum 2.0 Testnet Goes Live - Final Step Before Launch - [UPDATES ADDED!]

Photo Of Ethereum 2.0
[UPDATE] The Ethereum 2.0 testnet (nicknamed 'Medalla') went live yesterday as planned.

At the time of publishing this update, it has processed nearly 25k transactions successfully!

For those who want to take a look for themselves:

Deposit Contract: 0x07b39F4fDE4A38bACe212b546dAc87C58DfE3fDC
Chain Explorers:
beaconcha.in
beaconscan.com
blockaction.io
Status Dashboard: eth2stats.io

If the testnet continues to operate smoothly, short of any major bugs being discovered the upgrade could move to the mainnet soon.

So - now is the time to be ready for it, whatever that may mean to you.


[Original Article]
Our sources inside the Ethereum Foundation confirm - tomorrow's testnet launch of Ethereum 2.0 will be happening without delay!

'Delay' has been a word everyone watching the development of Ethereum 2.0 has heard a lot lately, so maybe sharing our sources exact words: "It's happening. That I can promise" will help answer any remaining questions.

Called the 'Medalla testnet' it requires 16,000 validors to operate, minimum - a number they reached on Friday.

"The launch of Medalla is a huge milestone in the development of eth2 – if Medalla proves stable, mainnet launch is next – and represents years of hardwork by countless engineers, researchers, and community members. We hope you are as excited as we are." says Danny Ryan from Ethereum's Research & Development team.

If everything goes smoothly, the official launch of 2.0 worldwide will follow!

Aug 4th at 1pm UTC is the official launch time for the genesis of the Medalla ETH 2.0 testnet.

-------
Author: Justin Derbek
New York News Desk