Ethereum’s new ‘Holesky’ testnet to launch in September | Headlines | News | CoinMarketCap

08/19/2023 06:05
Ethereum’s new ‘Holesky’ testnet to launch in September | Headlines | News | CoinMarketCap

In an Aug. 17 meeting, Ethereum developers discussed developments around a new testnet — named ‘Holesky’ — that is set to launch on Sept. 15. …

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Published on August 18, 2023 22:50 GMT+00:00edited on August 18, 2023 22:54 GMT+00:00

In an Aug. 17 meeting, Ethereum developers discussed developments around a new testnet — named ‘Holesky’ — that is set to launch on Sept. 15.

Parithosh Jayanthi, DevOps at the Ethereum Foundation, said that developers tested 1.4 million validators on the Holesky testnet and were able to finalize the network. Jayanthi said this is now recommended as the starting size for the testnet.

Jayanthi also asked developers how many testnet tokens should circulate on Holesky. Ethereum developers decided to introduce 1.6 billion Holesky ETH into circulation, as large supplies have previously been supported on testnets. Developers decided not to reduce that number to match the Ethereum mainnet’s 120 million ETH supply, though this option was briefly under consideration.

Holesky will launch in …

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