THELOGICALINDIAN - Ethereum 20 Testnet Suffers Outage
Earlier this month, Ethereum developers formed out the final accessible testnet for the long-awaited ETH2 upgrade. The upgrade, which will be formed out in assorted genitalia over a year or 2, is set to change how ETH operates; with ETH2, staking and sharding will be implemented, acceptance for a arrangement that should is faster and added decentralized.
The testnet has been dubbed “Medalla,” and it operated accomplished for a cardinal of days.
On August 14th, though, letters began to advance online that article went amiss with Medalla.
In a column that rose bound to the top of the Ethereum subreddit, a user shared the blueprint below. It shows that the “participation rate” of Ethereum validator nodes, which acquire rewards for “staking” their coins, had plunged from ~75% to ~5%, again to 0%.
It was after explained by Preston Van Loon of Pryismatic Labs that there was an abeyance due to a bug in how Prysm audience clue time:
Fixes accept back been implemented, admitting developers are still aggravating to acquisition the basis account of the event. It’s important to agenda that this is aloof an affair with one client, but back it was the most-adopted client, best validators were affected.
What’s Next for ETH?
In agreement of ETH’s amount action, analysts anticipate there is abundant attrition advanced but abide carefully optimistic. As reported by Bitcoinist previously, one banker said on the matter:
At the end of the day, though, Ethereum may aloof chase the directionality of Bitcoin.
