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Ethereum Core Developers to Launch New Testnet Holesky to Address Supply Challenges

Ethereum Core Developers to Launch New Testnet Holesky to Address Supply Challenges

Ethereum Core Developers to Launch New Testnet, Holesky

In a recent meeting, Ethereum core developers discussed their plans to launch a new testnet called Holesky next month. This new test network, initially referred to as Holli, aims to provide enhanced testing support for developers working on the Ethereum network. The primary goal is to improve the testing environment and address supply challenges for ether on testnets.

Key Points:
1. Testnets serve as clone blockchains for developers to deploy applications and identify bugs before launching them on the mainnet.
2. Ethereum’s current ecosystem has two primary testnets: Goerli and Sepolia. However, Goerli is expected to be deprecated soon.
3. Holesky may have a potential supply of over 1 billion testnet ETH to address the challenges developers face when acquiring testnet ETH on the primary test networks.
4. The introduction of Holesky will enable easier access for testing Ethereum smart contracts.

In conclusion, the launch of the Holesky testnet by Ethereum core developers is a significant step in improving the testing environment for developers. With a substantial supply of testnet ETH, it will be easier for developers to acquire and test Ethereum smart contracts. This move will ultimately contribute to the overall development and growth of the Ethereum network.

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Ethereum Core Developers to Launch New Testnet Holesky to Address Supply Challenges