CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
    • Español
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • CryptoPotato Crypto Fund
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • Español
  • bitcoin
    BTC$23,139.00
  • ethereum
    ETH$1,589.71
    • Market Updates
    • BTC Analysis
    • ETH Analysis
    • XRP Analysis
    • Interviews
    • Opinions
    CryptoPotato
    CryptoPotato
    • Crypto News
    • Margin Trading
    • Guides
      • Bitcoin & Crypto Guides 101
      • Bitcoin For Beginners
      • Editorials
    • DeFi & NFT
    • Buy
    • Language
      • Español
    • Crypto News
    • Bitcoin For Beginners
    • Cryptocurrency Guides 101
    • Editorials
    • Bitcoin & Crypto Margin Trading
    • DeFi & NFT News
    • Bitcoin Price Analysis
    • CryptoPotato Crypto Fund
    • Ethereum (ETH) Price Analysis
    • Ripple (XRP) Price Analysis
    • Market Updates
    • Interviews
    • Buy Bitcoin with Card
    • Español
    Home » Crypto News » ETHBTC » Final Planned ETH 2.0 Testnet Supposedly Going Live Very Soon

    Final Planned ETH 2.0 Testnet Supposedly Going Live Very Soon

    Author: Martin Young

    Last Updated Jul 18, 2020 @ 07:34

    The testing of Ethereum’s long-awaited network upgrade is continuing behind the scenes and could be nearing its final stages, according to some of the developers working on it.

    Phase 0 of Ethereum 2.0 has been running full nodes on the Topaz testnet for months. However, the first block on the highly anticipated Beacon Chain has been mined and validated in mid-April. The first testnet was called Sapphire, and it was a scaled-down version that successfully tested smaller 3.2 ETH deposits.

    Topaz went live with testing full 32 ETH nodes in May, and the Onyx testnet was launched in mid-June. According to Prysmatic Labs, who have been conducting a lot of the testing, Onyx was running stable with over 20,000 validators by late June.

    The next stage in the process was the launch of the Altona coordinated, multi-client testnet for Phase 0 in early July. The goal of Altona is to ensure some degree of stability before there is an official announcement of a large scale, ‘official’ multi-client testnet for ETH 2.0, according to the latest update.

    ETH 2.0 Final Testnet ‘So Close’

    The final testnet could be nearing according to some leaked commentary between Ethereum developers on their Discord channel.

    “Technically, I don’t think there is anything missing for a public testnet launch. It’s just a couple of operational things that needs to be done I believe. I expect that we can start working on that next week.”

    Commented one developer, while the reply said there were a few stability issues, but a date announcement was expected early next week. Ethhub co-founder Anthony Sassano tweeted the comments;

    ADVERTISEMENT

    The final planned eth2 phase 0 testnet is going live very soon 👀

    h/t @AlexanderFisher pic.twitter.com/KQ7VjUA6hz

    — Anthony Sassano | sassal.eth 👨‍🌾 (@sassal0x) July 17, 2020

    Prysmatic Labs updated the situation in their latest blog post today titled ‘So Close to Official Multi-client Testnet!’, which revealed that there had been some technical hiccups with block propagation and the ‘blockchain package,’ which handles the Beacon block, has been improved. Developer Afri Schoedon, who coordinates the ETH 2.0 multi-client testnet, posted some client metrics;

    Ethereum 2.0 Client Metrics 07/2020 are out! pic.twitter.com/LUORWmbphe

    — Afr Schoe (@q9fmz) July 17, 2020

    The developers added that there was still work to be done, but it does seem that the final testnet could be launched very soon.

    “Our aim is to make sure that Prysm beacon node is more robust, and is capable of performing its duties in presence of slow, broken, or even malicious peers.”

    Ethereum Price Update

    Unfortunately for Ethereum holders, none of this has had any impact on prices. In fact, nothing this year has really given ETH any price drive, including the monumental DeFi boom.

    At the time of writing, ETH was hovering just above the $230 price zone, down 3.5% from the same time last week. Overall, Ethereum has been pretty flat all year and has yet to return to its 2020 highs back in February.

    Holders appear to be waiting for ETH 2.0 to launch as recent reports indicate that almost 80% of the entire supply is being held in wallets that contain more than the minimum 32 ETH required to become a validator.

    SPECIAL OFFER (Sponsored)
    Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

    PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.

    You Might Also Like:

    • eth_2_cover
      Ethereum 2.0 Testnet Size Tops 75 GB as Staked Test ETH Crosses 2 Million
    • Ethereum_2_0
      Almost 2 Million Test ETH Currently Staked on Ethereum 2.0's Medalla Testnet
    • Ethereum_2_0
      More Than 1.1 Million ETH Now Staked on Ethereum 2.0's Medalla Testnet
    Tags: Ethereum 2.0 Proof of Stake (PoS)
    Enjoy reading? Share with your friends
    Facebook Twitter LinkedIn Telegram

    About The Author

    Martin J. Young
    More posts by this author

    Martin has been writing on cybersecurity and infotech for over two decades. He has previous trading experience and has been covering developments in the blockchain and cryptocurrency industry since 2017. Contact Martin: LinkedIn

  • bitcoin
    BTC$23,139.00
  • ethereum
    ETH$1,589.71
  • Join Our Community

    FacebookTwitter YouTubeTelegram


    Editorials
    How Long Will the Ethereum LSD Narrative Last? Talking 2023 Trends with Nansen’s Martin Lee

    How Long Will the Ethereum LSD Narrative Last? Talking 2023 Trends with Nansen’s Martin Lee

    Everything That’s Going on With Pi Network: From Start to Latest Controversial Listing

    Everything That’s Going on With Pi Network: From Start to Latest Controversial Listing

    What is Ethereum Liquid Staking and Why It Is Crucial As Shanghai Upgrade Approaches?

    What is Ethereum Liquid Staking and Why It Is Crucial As Shanghai Upgrade Approaches?

    The Lesson in Alameda-FTX About Government Regulation and Crypto (Opinion)

    The Lesson in Alameda-FTX About Government Regulation and Crypto (Opinion)

    5 Bullish and 2 Bearish Cases for DeFi Going Into 2023 (Opinion)

    5 Bullish and 2 Bearish Cases for DeFi Going Into 2023 (Opinion)

    From Google and Microsoft to Binance: Interview with Head of Product Mayur Kamat

    From Google and Microsoft to Binance: Interview with Head of Product Mayur Kamat

    13 Biggest Crypto Scandals and Controversial Stories of 2022

    13 Biggest Crypto Scandals and Controversial Stories of 2022

    Join Our Newsletter
    Become a CryptoPotato VIP
    One Weekly Email Can Change Your Crypto Life.
    Sign-up FREE to receive our extended weekly market update and coin analysis report
    We NEVER send spam. You can unsubscribe at any time.
    Invalid email address
    Thanks for subscribing!
    Footer Logo
    About
    Advertise on CryptoPotato
    About Us | Contact Us | Careers
    Editorial Policy
    Terms of service | Privacy Policy | GDPR
    More Sections
    IEO List | Evaluations
    Airdrops
    Scholarship
    Disclaimer
    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
    © Copyright CryptoPotato 2016 - 2021
    Scroll to top
    One Weekly Email Can Change Your Crypto Life.

    Sign-up FREE to receive our extended weekly market update and coin analysis report

    We never send SPAM. You can unsubscribe at any moment
    Invalid email address
    Thanks for subscribing!