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Breaking News: Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities

Ethereum Holesky Testnet Already Seeing Issues, What’s Wrong This Time?

Scott Matherson
Scott Matherson
1 year ago
3 mins read
Ethereum Holesky testnet

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In a rare lapse in technological expertise, the recently unveiled Ethereum testnet, Holesky, failed to launch after developers discovered flaws in the testnet’s design. 

Ethereum Holesky Testnet Riddled With Misconfigurations

The crypto community and Ethereum enthusiasts are presently waiting for the return of Ethereum’s Holesky testnet which was scheduled to launch on Friday, September 15. 

The Holesky testnet which was created to replace Ethereum’s Goerli testnet after its deprecation in 2024 encountered an unexpected technical hiccup on the day of its release. The release date marked a significant date in the Ethereum community’s history, commemorating the one-year anniversary of Ethereum’s Merge to a Proof of Stake (PoS) network.  

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Ethereum developers have labeled the technical flaw as a “misconfiguration in the ExtraData field.” Reports reveal that the misconfiguration was identified by an Ethereum Researcher named Protolambda. 

Holesky launch update!

Due to a misconfiguration in the ExtraData field (applied to EL configs but not to CL ones), #Holesky didn’t initiate properly.

A consensus has been reached among the EF DevOps and client teams to relaunch a week from now.

— Nethermind (@NethermindEth) September 15, 2023

One of the DevOps at the Ethereum Foundation, Parithosh revealed in an X (formerly Twitter) post the details of Holesky’s launch delay and misconfigurations. Parithosh explained that the flaw was found in one of Holesky’s Genesis files, the el Genesis file. 

He stated that validators are currently working on the testnet and have succeeded in starting the chain; however, modifications on the network have not been completed so more time will be required to get the testnet back up and running ready for a relaunch. 

“We had a misconfiguration in the el genesis file and that led to the Holesky network improperly launching. Some validators manually fixed the config and were able to start the chain, but not enough for the network to finalize,” Parithosh said in the X post.

Ethereum price chart from Tradingview.com (Holesky testnet)

ETH price still hold above $1,600 support | Source: ETHUSD on Tradingview.com

Holesky Testnet Scheduled For a Relaunch

The Holesky testnet was created to introduce a range of features and enhancements in the Ethereum ecosystem. The testnet was loaded with more than 1 billion Holesky Ether (HETH) to ensure that the network was large and strong enough to handle complex tests on upgrades and developments in the Ethereum blockchain.

Ethereum’s Holesky testnet has now been rescheduled for release in two weeks. However, no proper date has been announced regarding the relaunch. 

“It’s extremely likely that we relaunch the network with new genesis files and have the network up two weeks from now,” Ethereum developer, Parithosh stated. 

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While the delay is undoubtedly disappointing to many users, developers have vowed to integrate more validation steps and better docs to make the Holesky testnet stronger and prevent future misconfigurations. 

The delay in Ethereum’s Holesky testnet has not overly affected the price of its native token, ETH. Presently Ethereum developers are working vigorously to resolve the issue as fast as possible. The Ethereum community also remains hopeful that the delay will result in a more robust and reliable testing environment that will greatly benefit the Ethereum ecosystem.

Featured image from iStock, chart from Tradingview.com
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Scott Matherson
Scott Matherson

Scott Matherson

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.

Read more

Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.

With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.

Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry.

Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors.
In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else.

Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies.

Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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