The Spadina testnet of ETH 2.0 has been scheduled for genesis before the month ends, which is tomorrow on September 29 at 12 pm UTC, as per the dev update.
It has been reported that next week, a “dress rehearsal” Testnet for the community to practice sending deposits, launching beacon nodes, and validator clients starting from genesis.
However, for this, Eth2 Standard API definitions are complete, and implementation started, and voluntary exit implementation is ready. Meanwhile, Prysm web UI beta testing will be coming in the first week of October.
The report said that it is a small scale testnet that will last just three days with 1024 validators with the main net spec requiring 16384 validators to launch.
For the eventual launch of Ethereum 2.0, Spadina’s deployment was announced a couple of weeks back, after the Medalla testnet going LIVE last month. This mainnet-configuration test network will run parallel with Medalla with the aim to practice the more difficult and risky parts of the process before reaching the mainnet.
Likewise, ETH 2.0 is expected to go LIVE later this year or early next year with its phase-zero launches, but not everyone is excited to the stake. Still, a good 65% of 287 respondents of the ConsenSys survey revealed earlier this year that they intend to stake 32 ETH.
As per the report, the extremely high fees and congestion on the Ethereum network are making it unusable for the small players for now.
Kosala Hemachandra, the founder and CEO of MyEtherWallet (MEW), said:
“The Ethereum gas price is high due to increased network activity, which means that we have to find avenues to either support this increase in activity, or to reduce it.”
Thus, he said that this can be done by “increasing the block gas limit to a safe amount and also by utilizing existing layer 2 solutions.”
Source: Bitcoin Exchange Guide