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Home Crypto News

Ethereum (ETH) Is Open for All and Medalla Testnet August 4th at 1pm UTC

August 4, 2020
in Crypto News
2 min read
Ethereum (ETH) Is Open for All and Medalla Testnet August 4th at 1pm UTC
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Anyone looking to gain open access to digital money and data friendly services should kick start with ETH and this will eventually lead one to a world of decentralized applications based on the community built technology.

The opportunities with ETH are huge ranging from banking for everyone, a more private internet, a peer to peer network, censorship resistant, commerce guarantees, and compatibility for the win.  Those who explore Ethereum will want to stay and never leave.

Sydney Ifergan, the crypto expert tweeted:  “Ethereum (ETH) is an adventurous experience.  Those who have not tried ETH should start with a wallet to manage ETH along with an Ethereum account and then to the products and services which run on Ethereum.”

For someone who is willing to start off with the coding side, there is an Ethereum Studio which will help users to get started.  The tutorials and resources are good enough to get started.

The Ethereum Community comes from all backgrounds consisting of artists, crypto-anarchists, fortune 500 companies and it is possible for everyone to become a part of the community.  Needless to say, Ethereum has grown better than any other builder, team or organization.

The incredible meet ups, events, memes and passionate debates keep the inspiration to keep working on the Network alive. New thinkers and doers are making it to the network all the time. There are millions of contracts in the network already and the numbers are increasing every day. Just like the numbers of stars, the numbers of Dapps in the network is also growing.

Ethereum (ETH) Medalla Testnet August 4th at 1pm UTC

The minimum validator deposits which is 16k+ needed to kick off the Medalla testnet was fulfilled on Friday.  This meant that the genesis of this testnet is set to happen at 1596546008 Unix time, or 8 seconds after August 4th at 1pm UTC.

The launch of the Medalla is considered to be a major milestone in the development of eth2.  If Medalla will prove stability, the mainnet launch will be the next.  The overall representation of the years of hard work from countless engineers, researchers, and community members can lead to a major breakthrough.

When talking about the client diversity, the community is set to run 5 different clients at genesis! They are:  “Teku by ConsenSys (discord); Prysm by Prysmatic Labs (discord); Nimbus by Status (discord); Lodestar by ChainSafe Systems (discord); Lighthouse by Sigma Prime (discord).”

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