Ethereum 2.0 Medalla testnet was successfully launched

According to The Block Crypto, the Ethereum 2.0 testnet, scheduled for August 4 at 13:00 UTC, has been successfully launched.

Preparing to launch Ethereum 2.0

The goal of the test blockchain, codenamed "Medalla", is to finalize the blockchain before the full launch of Ethereum 2.0

According to the Ethereum Foundation blog, there will be five clients running on Medalla's testnet: Teku, Prysm, Nimbus, Lodestar, and Lighthouse.

It didn't work out so well

According to Cointelegraph, the developers have already faced a problem: only 57% of the Ethereum share in the blockchain is used for validation. This is 23% less than the expected minimum. The developers explain this by the fact that some of those who contributed the obligatory 32 ETH to participate in the testnet simply did not start the validator program. In addition, from the first minutes of Medalla's operation, there were problems with Nimbus and Lodestar customers.

If successful, we will see Ethereum 2.0 at the end of the year

Earlier it was reported that the launch of Ethereum 2.0 may occur no earlier than early next year. However, depending on the success of Medalla's testing, an official release could also occur in November 2020