{"id":156709,"date":"2023-09-15T21:40:30","date_gmt":"2023-09-15T16:10:30","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=156709"},"modified":"2023-09-15T21:40:30","modified_gmt":"2023-09-15T16:10:30","slug":"ethereums-holesky-testnet-launch-hits-a-speed-bump-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ethereums-holesky-testnet-launch-hits-a-speed-bump-crypto-news\/","title":{"rendered":"Ethereum\u2019s Hole\u0161ky testnet launch hits a speed bump &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Ethereum\u2019s Goerli testnet will soon come to an end following the launch of a new testnet, dubbed Hole\u0161ky.\u00a0<\/p>\n<p>Testnets are essentially copies of blockchains and exist for developers to test their protocols and smart contracts before deploying them onto the main blockchain.\u00a0<\/p>\n<p>Today, there are two main Ethereum testnets: Sepolia, a network designed for blockchain application development, and Goerli, used to test for validating and staking.\u00a0<\/p>\n<p>Hole\u0161ky was meant to launch on Sept.15, marking the one-year anniversary of the Ethereum <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blockworks.co\/news\/ethereum-switches-to-proof-of-stake-after-7-years-of-work\">proof-of-stake merge<\/a>. However, the network <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/holesky.beaconcha.in\/\">failed to launch<\/a> due to a misconfiguration and will require a relaunch.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\" \/>\n<p>Sunsetting a blockchain is a typical process. Over time, they become difficult to maintain and run nodes on due to their growing state and transaction history.\u00a0<\/p>\n<h2 class=\"wp-block-heading\" id=\"designed-to-address-supply-issues\">Designed to address supply issues<\/h2>\n<p>Hole\u0161ky is designed to address Goerli\u2019s goETH supply issues, which have <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blockworks.co\/news\/goerli-eth-liquid-price-market-adds-pressure\">caused headaches for developers<\/a>.<\/p>\n<p>Goerli goETH supply is capped at 115 million goETH total, meaning there can be no more than 115 million goETH circulating on the network.\u00a0<\/p>\n<p>Developers testing on Goerli can receive goETH from a faucet. The token isn\u2019t meant to have real-world value and exists so developers can pay gas fees when testing their products.\u00a0<\/p>\n<p>But with its limited supply, individual wallets began hoarding the token. This made it more difficult for developers to test their applications on the testnet.<\/p>\n<p>Hole\u0161ky is designed to be much larger than Goerli, allowing validators to test in a more realistic on-chain environment and resolve the goETH supply issues.\u00a0<\/p>\n<p>According to Parithosh Jayanthi, a developer at the Ethereum Foundation, Hole\u0161ky will be able to handle a client size three times larger than that of Ethereum mainnet today.<\/p>\n<p>\u201cWe need to launch Holesky with such a large number of validators in order to ensure we can test the limits of the beaconchain in a safe manner,\u201d Jayanthi tweeted.<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n<p><strong>Get the day\u2019s top crypto news and insights delivered to your email every evening.\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blockworks.co\/newsletter?source=end\">Subscribe to Blockworks\u2019 free newsletter<\/a>\u00a0now.<\/strong><\/p>\n<p><strong>Want alpha sent directly to your inbox? Get degen trade ideas, governance updates, token performance, can\u2019t-miss tweets and more from\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blockworks.co\/newsletter\/research\">Blockworks Research\u2019s Daily Debrief<\/a>.<\/strong><\/p>\n<p><strong>Can\u2019t wait? Get our news the fastest way possible.\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/blockworks_news\">Join us on Telegram<\/a>\u00a0and follow us on\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMPyTxgswn6_dAw\">Google News<\/a>.<\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum\u2019s Goerli testnet will soon come to an end following the launch of a new testnet, dubbed Hole\u0161ky.\u00a0 Testnets are essentially copies of blockchains and exist for developers to test their protocols and smart contracts before deploying them onto the main blockchain.\u00a0 Today, there are two main Ethereum testnets: Sepolia, a network designed for blockchain [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":156710,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-156709","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=156709"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156709\/revisions"}],"predecessor-version":[{"id":156712,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156709\/revisions\/156712"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/156710"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=156709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=156709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=156709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}