Ethereum 2.0 client test online for several weeks, running 22,000 validators

The Ethereum 2.0 single-client testnet has been running for several weeks and has been restarted, but now they seem to have reached a more stable stage.


Image source: visualhunt

These include the client released by Prysmatic Labs developer Raul Jordan on January 9th, which he called the largest Ethereum 2.0 testnet.

There are many other client testnets, but this is the one with the highest voice and the most popular. Preston van Loon, another Prysmatic developer:

"This is the world's first smooth Ethereum 2.0 testnet with more than 22,000 active validators on it, with a participation rate close to 100%. These are 22,000 verification keys. There may be 5 to 10 independent operators .Maybe more, but it's hard to distinguish who controls the key and who is just an observer. "

He said that there are currently 70 nodes in total, which is a considerable achievement for a test network that has been online for only 4 days. At the same time, it also clearly shows how interested people are in the release of one of the most important milestones in the blockchain field-Ethereum 2.0.

People are very interested in it because the competition here is quite fierce, involving money and a lot of opportunities.

For example, a staking service provider will want to be the first to launch a service and do its best, as will individuals who have pledged themselves. These testnets determine whether they will pledge. Maybe it's too early to brag about cracking Ethereum 2.0, but that's a bit of a boast.

Last November, when the old version of the testnet was running, Lorne said: "Hackers, come and break our testnet!" Because some changes must be made, a new testnet has been created, and now it works .


Ethereum pledge situation estimate | January 2020 screenshot

These are numbers estimated by Ethereum co-founder Vitalik Buterin. You can see most of the data by zooming in the picture.

We estimate that once the network is operating normally, the number of ETH participating in the pledge may be around 10 million, and the pledger can obtain about 6% of profit gains, while the overall inflation rate of Ethereum will only increase by 0.2%.

The greater the amount of ETH pledged, the less the gain per ETH, so there is a lot of uncertainty here, and you can see exactly what changes and how they change through the test network.

This is especially important for penalties, etc., because real-time releases are expected to take about six months, and now there is almost no time to observe what failures may cause problems as the software continues to be pledged.

That said, it's not surprising that people are interested in testnets even in a single client environment. Therefore, it is best to test different clients to see which one the user likes, while also minimizing the chance of punishment, because the protocol encourages users to use different clients and settings if they are all using a very popular client In the end, when accidental or intentional misconduct occurs, more pledgers will go offline.

So, the busy 2020 has begun. If you are a hacker, what better way to keep busy than using the geek code, numbers, pledged dividends, settings, Internet virtual currency and other tools to break the Ethereum blockchain client The way?