Ethereum Core Developer Explains Why Goerli Testnet Will Shutdown
CoinEdition
Published Feb 27, 2023 05:40AM ET
Updated Feb 27, 2023 06:00AM ET
Ethereum Core Developer Explains Why Goerli Testnet Will Shutdown
- Tim Beiko said the Goerli testnet would ultimately be put to rest.
- Consequently, future testnets, including Sepolia, can mint more ETH.
- The next major network upgrade on Ethereum will be live on Tuesday.
In a recent tweet, Ethereum core developer, Tim Beiko, noted that the popular Goerli testnet would eventually be shut down. However, he also highlighted that future testnets, including Sepolia, will be available to developers with the unique ability to mint more Ether tokens.
Notably, the Goerli testnet is an Ethereum test network that developers use to test their applications and smart contracts without spending real Ether. However, the tweet from Beiko indicates that Goerli will ultimately be put to rest and will no longer be available for testing purposes.
After transitioning to the proof-of-stake consensus, the first significant network upgrade on the Ethereum blockchain will be live on the Sepolia testnet on Tuesday, February 28, 2023. The upgrade will enable validators to withdraw their Ethereum staked on the Beacon Chain to the execution layer.
The Ethereum Beacon Chain staking contract holds over 17 million staked ETH tokens worth $28 billion.
The post Ethereum Core Developer Explains Why Goerli Testnet Will Shutdown appeared first on Coin Edition.
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