Ethereum 2.0 testnet was launched to prepare for Ethereum 2.0 transition
The Kintsugi network is a step towards blockchain’s “merger”, which will replace the Proof-of-Work consensus with Proof-of-Stake
21.12.2021 - 13:45
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What’s new? The Ethereum Foundation member, Tim Beiko, has announced on Twitter that the Kintsugi testnet has already been launched. The network will help to prepare for the Ethereum 2.0 “merge,” which will replace the Proof-of-Work consensus algorithm with Proof-of-Stake.
Over the past few months, client teams have been working tirelessly to implement a new set of merge milestones. They are now live on a new testnet: Kintsugi 🍵! Here's how you can join the testnet and help with testing: https://t.co/ARDezguzXE 👀Christmas came early🎄!— Tim Beiko | timbeiko.eth 🍵 (@TimBeiko) December 20, 2021
How will the “merger” take place? According to Beiko, once all the test results will be taken into account in the software and specifications, the final part of testing will begin. It will consist of several testnets. All the existing testnets will go through the merge stage. If they are deemed stable, the Ethereum mainnet will begin to transition to the Proof-of-Stake algorithm, which will help significantly reduce the energy costs of mining.
How does Tim Beiko comment on the new testnet? The Ethereum Foundation member appeals to the developers and others on the network to help with testing:
“We recommend most projects begin testing and prototyping on Kintsugi to surface any potential issues soon. This way, changes can more easily be incorporated in future client and specification versions.”
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