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Launch Date For Ethereum 2.0 Testnet to be Announced Monday

17/07/2020 14:09
Comments Off on Launch Date For Ethereum 2.0 Testnet to be Announced Monday
Ethereum abstract

Ethereum 2.0 developers have stated there’s almost nothing left to do before launching the ethereum 2.0 full testnet, a key milestone and the final stage prior to the live launch of the genesis block.

Danny Ryan, the ethereum 2.0 coordinator, publicly said he has been having some conversations with client teams and:

“There is a little bit of stability work going on and other than that the blocker is some UX things (trying to make key management as close to mainnet as possible). I expect we announce a date Monday/Tuesday.”

Work on the ethereum 2.0 Proof of Stake (PoS) stage has been going on for more than two years with single client testnets running since last year.

Devnets, which are public testnet-like networks but mainly run by the devs for the devs, have also been running now for months.

The testnet that is to be launched in potentially days not weeks is meant to be the live environment, but with fake eth instead of valuable coins.

It’s what all have been waiting for and its launch will be a clear signal that ethereum 2.0 won’t be in 2030, but this November.

Depending on what data they select, the three months required for this testnet to launch should be met as that puts us in October and if it launches next month then puts us in November.

Around October or November there’s usually Devcon, but it’s not clear whether there will be one this year, with the deposit contract needing to launch before that, but the deposit contract is good to go as soon as they have a date for the live launch.

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