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Ethereum [ETH]’s Gorli Testnet successfully launched by team at GorliCon

Priya

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Ethereum [ETH]'s Gorli Testnet successfully launched by team at GorliCon
Source: Unsplash

Ethereum Foundation members recently announced the launch of its new Testnet – Görli, a proof-of-authority [PoA] testnet on Ethereum, this week during GörlieCon 2019. It is also Ethereum’s very first PoA cross-client testnet.

According to reports, the testnet was initiated in the month of September 2018 and the leading teams of the Foundation collaborated on the open-source project. This includes Infura, MakerDAO, Parity Technologies, ChainSafe and PIA network.

In a blog post titled – ‘The Gorli Testnet Proposal – A call for participation’, Afri Schoedon, the hard fork co-ordinator at Ethereum and Release Manager at Parity, had stated that this testnet could become the next-generation public testnet of Ethereum. The proposal was also made taking into account that there was no testnet that was both “widely usable across all client implementation, and robust enough to guarantee consistent availability and high reliability.”

Department of Decentralization + ETHBerlin said on Twitter:

“The moment the #Goerli testnet was launched!!!! Congrats to @ChainSafeth and @5chdn for all their hard work over the last few months! What an inspirational team!!”

Centrifuge, also said on Twitter:

“And it’s live! The idea of cross-client #Goerli testnet was born at @ETHBerlin last year and launches today at #GoerliCon only a few months later. Way to go @ChainSafeth @5chdn !! goerli.net”

Helena, a member of the Ethereum community said:



“Super proud to have been part of this moment! And to have seen how much these guys have dedicated to build the #Goerli testnet! HAPPY LAUNCH DAY @ChainSafeth and @5chdn”

Apart from this testnet, Ethereum has three others; Rinkeby testnet, Ropsten testnet and Kovan testnet. Ropsten testnet uses the proof-of-work [PoA] algorithm and is also noted to be the last public PoW testnet. This was the same testnet which was used to test the Ethereum hard fork in the month of the October 2018. The Ropsten Constantinople hard fork testnet, however, encountered several issues resulting in the postponement of the actual hard fork to January 2019.

Kovan and Rinkeby, on the other hand, are a proof-of-authority testnets. Rinkeby testnet was also deployed to test the Constantinople hard fork days before the actual hard fork. This fork, contrary to Ropsten, was successful as the testnet forked over to Constantinople with any issues.





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Priya is a full-time member of the reporting team at AMBCrypto. She is a finance major with one year of writing experience. She has not held any value in Bitcoin or other currencies.

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Ethereum

Ethereum [ETH] witnessed 6 of 10 of its highest usage days in the past three weeks despite bear attacks

Akash Anand

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Source: Pixabay

Ethereum [ETH]’s movement on the cryptocurrency charts has been termed ‘slow’ or ‘unresponsive’ by many people involved in the world of digital assets. This subtle attack on the Vitalik Buterin co-founded network has been a prolonged process with many betting on the “death of the Ethereum network” due to the rise of faster and more efficient technologies and blockchain networks.

The second largest cryptocurrency, however, seems to have taken all these comments in stride as new data emerged that 6 of the 10 highest usage days in Ethereum’s history occurred over the past 3 weeks. Data from Etherscan.io showed a rise to a peak as Ethereum recovered well after the downturn in mid-January. The astounding peaks in terms of usage were also made evident when compared to the usage data in December/January 2018, the time period when the cryptocurrency market had reached its all-time high.

Some users in the cryptocurrency space were still critical about the data, with dk_holdnaut, a cryptocurrency enthusiast tweeting:



“I have never seen or even heard about anyone using any Ethereum app. If it was truly decentralized and censorship resistant I believe the people that value these perks the most atm and have the most funds to devote would’ve build a drug market dApp by now.”

However, Ethereum’s competition, EOS and Tron are not far behind. Just recently Tron, the Justin Sun-led cryptocurrency had announced that the TRX mainnet had crossed 2.5 million accounts, beating Ethereum with 8 million blocks. Ethereum, despite having the chronological advantage, had only 7.5 million blocks.

Ethereum had taken another hit when EOS set the record for the most number of cryptocurrency transactions in one day. Daniel Larimer, the CTO of Block.one had tweeted:

“#eos recently set a record of over 70m actions processed in one day. An average of over 810 actions per second. Our team is making great strides in further optimization and scaling. #B1JUNE”





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