Ethereum marked the first anniversary of The Merge on Friday with the introduction of its latest testnet, Holesky.

Initially named Holli, Holesky's debut is aimed at enhancing the testing environment on Ethereum. Going live at 10 a.m. ET, it launched a year after the Ethereum network shifted from a proof-of-work mining system to proof-of-stake consensus.

Testnets in the blockchain domain operate parallel to the main network, allowing developers the space to execute applications in a test environment and fix potential issues without influencing the mainnet.

Holesky joins Goerli and Sepolia

Holesky is now the third testnet on Ethereum, joining Goerli and Sepolia. With reports suggesting a potential phase-out of Goerli in the first half of 2024, Holesky's role might become increasingly …