- Ethereum’s new Proof of Stake ‘testnet0’ has gone live
- It is the first in a series of testnets to help upgrade the Ethereum Network
Ethereum has had a lot of new developments in the last few weeks such as the lowering of their time block and seeing adoption from Samsung. One of their latest ones, however, marks a major milestone for the Ethereum Network as it was announced that Ethereum had successfully launched the proof of stake for its testnet.
This new Nimbus-to-Nimbus testnet runs not only on a single machine but with a remote bootstrap node and already has people connecting to it.
The team has explained that this new testnet is a sign of major progress for the development of Ethereum 2.0. This is because the testnet acts as a Beacon chain synchronizing across nodes which are not local to each other.
The new testnet has been named testnet0 and will be the first in a series of different testnets that will seek to improve on the previous ones in terms of speed, scalability and so on. It was also stated that the current testnet will be restarted multiple times in the next weeks so that changes can be made based on the feedback it receives.
The iteration testnet0 is based on spec version 0.5.1 and makes use of 400 validators to Secure the networks, 50 of which are reserved for Brave explorers. The Testnet will be maintained by Status, which is one of the biggest dApps created on Ethereum based on its number of developers and coding activity.
This new testnet is a part of Ethereum’s newest and biggest upgrade. Users can join the testnet and run the Beacon chain, exploring its capabilities and fixing whatever flaws are discovered.
The next testnet will be a cross-clients one with clients such as Sigma Prime’s Lighthouse eth2.0 client and Status’ Nimbus, through Nimbus has come out on top. The launch of this will take place after some audits.
In terms of the upgrade, there are three phases that are to come, which are phase o, phase 1 and phase 2.
Phase o is the Beacon chain while phase 1, the storage sharding, is expected to take place during the winter of this year. The final phase, phase 2, is expected to take place next year.