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Final testnet release date for Ethereum 2.0 announced by developers

 
Final testnet release date for Ethereum 2.0 announced by developers
Ethereum / Breaking News / ETHUSD
  • The release date of the Ethereum 2.0 validator launchpad has just been announced after months of hard work from the team. 
  • Even though they will continue to tidy up the interface, you can keep track of and make deposits into the upcoming Medalla multiclient testnet as we speak

The release date of the Ethereum 2.0 validator launchpad has just been announced after months of hard work from the Ethereum 2.0 research team alongside work with the DeepWork studio and a Consensys. 

Even though they will continue to tidy up the interface in the run-up to the mainnet launch, you can keep track of and make deposits into the upcoming Medalla multiclient testnet as we speak.

You can read the full Ethereum blog here.

This all comes after it was announced in an Ethereum blog yesterday on the 27th of July. Prior to phase 0, the launchpad is part of the testnet launch stage in which the network will move towards a more proof of stake algorithm. 

So now, with the Ethereum 2.0 final test that is set to be released on the 4th of August next week, developers are opening the doors to validators all across the crypto space.

The initial goal for the launchpad is to help validators educate both themselves and others about all the aspects of the whole overall process. At Ethereum, they want to make sure all the validators are well aware of what they are doing and why they are doing it.

Looking into the future though, the next phase will look at tracking participants and their balances to help validate the test net overall. Users will need to put in a minimum of 32 Ethereum stake to run a validating note.

The coordinator at Ethereum 2.0, Danny Ryan has said that Medalla will only start if 16,384 validators commit to at least 524,288 Ethereum. If this isn’t reached by the 2nd of August next week, the testnet will launch around 48 hours after that milestone.


It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!

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