Ethereum’s Tim Beiko Plans to Launch New Test Network Holli Later This Year

02/24/2023 06:05 • Tech Ticker • 138 views

According to the news on February 24, Tim Beiko, the core developer of Ethereum, said that he planned to launch the new test network Holli later this year (the network name may also be Hole š ky）。 On the question of “how to make the application developers easily access the test network ETH while taking into account the client and the pledger, and how to make the main projects transfer and migrate and allow composability if they are transferred to a new test network”, Tim Beiko gave two suggestions: add each ETH address that has signed a contract on the main network, Goerli and Sepolia to the genesis file, Coordination with major contract and infrastructure developers was launched on the network shortly after the founding of the World. Tim Beiko is still seeking the opinions of application layer developers on solving this problem.

Core developers of Ethereum: It is planned to launch a new test network later this year to solve the ETH supply problem of the test network

Interpret the above information:

Tim Beiko, the core developer of Ethereum, announced his plan to launch a new test network called Holli later this year. This test network is aimed at addressing the challenge of making the application developers easily access the test network ETH while taking into account the client and the pledger, and how to make the main projects transfer and migrate and allow composability if they are transferred to a new test network.

To solve this problem, Tim Beiko gave two suggestions. The first suggestion was to add each ETH address that has signed a contract on the main network, Goerli and Sepolia to the genesis file. This would allow the addresses to be whitelisted on the network, ensuring seamless access to the test network by the developers. The second suggestion was to coordinate with major contract and infrastructure developers to launch the network shortly after its founding.

Ethereum is a decentralized platform for building decentralized applications using blockchain technology. The platform is powered by its native cryptocurrency, Ethereum (ETH), which is used to pay for transactions and computational services on the network.

Test networks are an essential part of the Ethereum ecosystem because they provide developers with a safe environment to test their applications and smart contracts without risking real funds. However, the current test network, Rinkeby, is facing challenges that make it difficult for developers to access it easily.

The new test network, Holli, will address these challenges by simplifying the process of accessing the test network and providing a platform that supports transfer and migration of main projects while allowing composability. This will give developers the confidence they need to test their applications and smart contracts on the network without the fear of losing their funds.

In conclusion, Ethereum’s Tim Beiko is working to develop a new test network called Holli that will simplify the process of accessing the network for application developers. This move will make it easier for developers to test their applications without risking their funds and enable seamless transfer and migration of main projects. The suggestions made by Beiko are crucial in ensuring a smooth launch and adoption of the network, and he is actively seeking the opinions of application layer developers to solve any potential problems that may arise.

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