CryptoETHEthereum Holesky test network fails to launch

Ethereum Holesky test network fails to launch

Ethereum developers have been forced to regroup after failing to launch a new test network, Holesky, on Sept. 16.

The testnet attempted to launch with about 1.5 million validators but failed due to a misconfiguration in the source code, according to Ethereum infrastructure firm Nethermind in a Sept. 16 post.

Ethereum Foundation engineer Parithosh Jayanthi shed more light on the matter, explaining that while some validators manually fixed the configuration issue — enabling Holesky testnet to start —there weren’t enough active validators for the network to reach finality.

Nethermind said Ethereum Foundation’s developers agreed to try again a week from the time of the post — presumably around Sept. 23.

Jayanthi said it’s “extremely likely” the network will properly launch within the next two weeks once the technical issue is resolved.

He apologized for the failed launch and said the team will ensure the same problem is prevented in the future.

Holesky is designed to facilitate staking, infrastructure, and protocol development on the Ethereum network. It’s replacing the Goerli testnet after developers began complaining that Goerli had too low of a supply of Goerli ETH to adequately handle testing needs.

Anthony Sassano, host of Ethereum show The Daily Gwei previously said the launch would be the largest public testnet in Ethereum history.

Share This Post

Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

Related Posts

Robinhood Partners with Daffy to Make Crypto Donations Easier for Users

Crypto investors have seen substantial gains this week, with...

Bitcoin and Ethereum ETFs See Strong Inflows Despite Price Declines

Spot Bitcoin exchange-traded funds (ETFs) in the U.S. recorded...

Bitwise Asset Management to Launch First ETP in Europe

Bitwise Asset Management is set to debut its first...

Bitwise Acquires Crypto Firm Attestant to Expand Staking Services and $3.7 Billion in Assets

Bitwise Asset Management has acquired London-based crypto firm Attestant...

Bitcoin Surges Above $93,000 Amid Optimism on Federal Reserve Rate Cuts

Bitcoin briefly surged past $93,000 on Wednesday, fueled by...