Ethereum's Holesky may be relaunched by September 28

Ethereum's Holesky may be relaunched by September 28

Developers Anticipate Relaunching Ethereum's Holesky Testnet between Sept. 22 and Sept. 28 after configuration issues Are Resolved.

The release of Ethereum's new Holesky testnet has been delayed by one to two weeks. On Sept. 15, Nethermind, an Ethereum client team, announced that an execution layer misconfiguration was the reason for Holesky's failed launch.

Nethermind said a relaunch would likely take place in one week's time, and Holesky could go live as early as this Friday. Barnabus Busa, a DevOps engineer for the Ethereum Foundation, has released a GitHub pull request indicating the relaunch should take place on September 28.

It's extremely likely that we relaunch the network with new genesis files and have the network up two weeks from now, said Paritosh, an Ethereum foundation DevOps engineer.

Holesky is set to replace Ethereum's Goerli testnet, which is scheduled to be deprecated next year. As of 2022, Goerli has suffered from a shortage of its network token, Goerli ETH, with developers resorting to purchasing GETH on the open market just to experiment with their code.

GETH is freely distributed in small quantities via faucets, but rocketing demand and network activity resulted in a market for the testnet token. GETH was changing hands for $0.69 on February 28 and grew by more than $1.5M in daily trade volume, drawing criticism from the Ethereum community. CryptoGecko notes that GETH was last traded for $0.04 at the close of trading on Monday.

The new testnet was launched last month and has been constructed with 1.6B Holesky ETH tokens, indicating that the network could support 1.4M validators. Holesky is expected to be operating by 2028, the company said in a statement.