In an Aug. 17 meeting, Ethereum developers discussed progress on a new testnet called ‘Holesky,’ which is set to deploy on Sept. 15.
Parithosh Jayanthi, DevOps at the Ethereum Foundation, stated that developers tested 1.4 million validators on the Holesky testnet and were able to finalise the community. Jayanthi remarked that it is now very beneficial as the testnet’s starting dimension.
Jayanthi also asked developers how many testnet tokens should be sent to Holesky. Because large offers had previously been permitted on testnets, Ethereum developers decided to put 1.6 billion Holesky ETH into circulation. Although it was briefly considered, developers decided not to reduce that amount to match the Ethereum mainnet’s 120 million ETH supply.
Holesky will go live in mid-September.
According to the GitHub documentation, Holesky will go live on September 15, 2023, at 14:00 UTC. This, by the way, was the launch date of Ethereum’s Merge in 2022.
The testnet will be operational for several years, with long-term service (LTS) support extending until 2027 and end-of-life (EOL) support lasting until 2028.
According to the documentation, Holesky will replace Ethereum’s Goerli testnet, which was developed in 2019 as the challenge prepared to debut its proof-of-stake choices and forsake proof-of-work mining. Goerli and Holesky, as well as the current Ethereum mainnet, all function as proof-of-stake chains. However, unlike Ethereum’s mainnet, the two testnets do not use ETH tokens with actual market value.
Holesky will also pave the path for two future Ethereum upgrades: an execution layer update known as Cancun and a consensus layer upgrade known as Deneb.
The unusual name of the testnet is not “hole-sky,” but rather after a train station in Prague, Czech Republic. That station is commonly referred to as “Holeky.” Ackee Blockchain Safety discovered an easter egg in the testnet’s code: the chain ID of the testnet, 17000, can also be the world’s postal code.
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