Holesky (Holešovice Testnet) was named after the train station in Prague.
The new testnet is designed to test
staking capabilities, evaluate infrastructure and protocols. Sepolia will continue to be used to test decentralized applications, smart contracts, and other Ethereum Virtual Machine-related features.
Holesky's Long Term Support (LTS) is projected to last until 2027, with End of Life (EO L) next year.
GitHub provided this data.
During a conference call in August, Paritosh Jayanti of the Ethereum Foundation said that the developers tested the network with 1.4 million validators. They recommended this cluster size to be the starting size.
Goerli and Sepolia are run by a smaller subset of validators than the Ethereum mainnet, which at the time of writing has just over 930,000 validators. Some of the developers have suggested that the testnet needs to increase the number. Jayanti spoke about this at the CoinDesk conference.
“We don’t want to run into a scaling issue that might happen on the mainnet first,” the developer said.
According to him, the larger size of the testnet will help test solutions under even more stringent conditions.
Another feature of Holesky will be 1.6 billion test ETH in circulation. Goerli had a limit of 120 million goETH, corresponding to the market supply of the second largest cryptocurrency by capitalization. At the same time, limitations periodically became a problem, increasing the cost of application testing.
The creators announced the launch date of the new testnet - September 15, this is the anniversary of the implementation of the large-scale update The Merge in Ethereum.
As you know, after migrating to the Proof-of-Stake consensus algorithm a year ago, the network became more technologically advanced and decentralized, but at the same time the ecosystem experienced a number of problems.