Ethereum 2.0 Coordinator Announces Progress With Beacon Chain Upgrade

The Ethereum ecosystem is getting there bit by bit. The path from proof of work (PoW) to proof of stake (PoS) consensus algorithm is now becoming clearer.

Steklo, the first Ethereum 2.0 testnet, has reportedly been launched with seven clients, marking a first successful step towards the official rollout of ETH 2.0.

Read Also: Vitalik Buterin Shows How 51% Attack of Miners Could Send Network to Ethereum 2.0 Faster Than Expected

The new development was shared a couple of hours ago on Twitter by Sajida Zouarhi, a blockchain engineer. According to the report, the seven clients involved in the rollout comprise 3 Eth1 clients and 4 Eth2 clients.

Sajida Zouarhi tweeted, “The first Ethereum 2.0 Testnet Steklo was launched today with 3 Eth1 clients (Besu, Geth and Nethermind) and 4 Eth2 clients (Teku, Prysm, Lighthouse and Nimbus). This is a first successful step towards a Proof-of-Stake.”

Read Also: Ethereum Developer Shows How ETH 2.0’s PoS Would Save ETH Holders Tens of Billions per Year

According to a report, the devenet started fine for a few slots but swiftly fell into several forks, which is the first attempt to get different clients involved.

An Ethereum 2.0 developer, Diederik Loerakker stated that “The testnet is in quite an unstable state right now, and more a tool for devs to debug clients today. We’ll run more user-centric testnets in the coming weeks, once things stabilize enough.”

Explaining further, Loerakker said that virtually all clients had issues, stating that “Lighthouse is building a separate chain from teku+nimbus, and prysm got stuck at genesis.”

Developers will test all 12 possible combinations between the implementations. It’s worthy of note that the testnet that recently went live has a very short lifespan.

Read Also: Another Milestone Recorded as Ethereum 2.0 Launchpad Testnet Goes Live

The report pointed out that the recently launched Ethereum 2.0 testnet named Steklo will be alive for only one day, but the next iteration has been scheduled by developers.

The next proof of stake testnets will replicate the operations of PoS Ethereum (ETH) for much longer periods. According to the report, the coordination of development efforts took place in the “Rayonism” chat of Ethereum’s R&D Discord room.


Follow us on Twitter, Facebook, Telegram, and Download Our Android App

Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.