Saturday, January 23, 2021

Ethereum 2.0 at the Final Stage As Zinken Testnet Goes Live and Running Smoothly

A couple of hours ago, an Ethereum 2.0 testnet named Zinken was launched. It has been running smoothly since the official release based on the report of one of the developers and participants. This indicates that the much-anticipated upgrade of Ethereum network could be made official before the end of 2020.

As stated in a blog post by Danny Ryan, an ETH 2.0 lead developer, the primary purpose of Zinken is for the rehearsal of the genesis process of the upcoming upgrade.

Terence Tsao, who is also a developer tweeted to inform the community about the performance of the testing he has been executing on the newly released testnet, Zinken, in the last 24 hours.

He wrote:

“eth2 Zinken testnet finalized on epoch 2. Almost perfect performance on an incentivized testnet that ran by the community”

Read Also: ETH 2.0 Could Launch In November 2020. Could This Be the Reason Ethereum Whales Are Accumulating?

According to the data made available by a Zinken blockchain explorer, beaconcha.in, currently, there is over 136,000 simulated ETH staked on the testnet and 4,269 validators.

Moreover, the Medalla testnet that went live on 4th August is still running. Currently, there are about 75,000 validators, with the United States and Germany accounting for 57% of them.

First Phases of Beacon Chain Could Be Just A Few Weeks Away

According to Jimmy Ragosa of ConsenSys, the recent stage attained in the process of launching Ethereum 2.0 could have the first phases of Beacon Chain arrive in just a few weeks’ time.

Ragosa tweeted, “In light of today’s successful Zinken rehearsal, this is how I picture ETH bears completely ignoring the obvious signs of ETH2 Phase 0 incoming in a few weeks.”

Responding to a question regarding the further roadmaps for subsequent testnets, he wrote:

“Right now, you just have to know that the last testnet for ETH2 Phase 0 was Zinken and that it was successful, we are just waiting for the mainnet deposit contract and a genesis date now.”

Read Also: Ethereum 2.0 Transition Certainly Approaching; Serenity Phase 0 Proposal Submitted

As a report has it, the Prysm client is currently topping the testing. However, Lighthouse is also progressing as shared by Age Manning co-founder, Sigma Prime, a couple of hours ago.

Sigma Prime noted:

 “Another flawless testnet launch with Lighthouse! v0.3.0 works even more smoothly than its predecessors. Bring on mainnet”

In conclusion, for Ethereum 2.0 to be finally launched, the network needs over 16,000 validators with 500,000 ETH deposit. Howbeit, for testing purposes, these figures were reduced for both Spadina and Zinken.

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Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

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