Ethereum unveils new testnet called ‘Holešky’
Ethereum’s developers launched a new testnet that’s being touted as a promising alternative to the aging Goerli network. Dubbed “Holešky,” the testnet was designed to facilitate staking, infrastructure, and protocol development. Ethereum preps for future Ethereum, the blockchain powering the world’s second-largest crypto by market cap, is continually evolving to meet the demands of a rapidly growing blockchain ecosystem. To keep pace with the ambitious roadmap, Ethereum developers have introduced a new testnet called “Holešky.” At the core of the Holešky testnet launch is its unprecedented initial supply of 1.6 billion Holešky testnet Ether (HETH). This substantial allocation is provided to validators on Holešky’s inaugural day to kick start network operations. In contrast, it’s worth noting that this token amount is ten times more than what the main Ethereum network currently holds. Ethereum developer Tim Beiko justified th...