Everything you need to know about Ethereum2.0 TESTNET TOPAZ by PRYSM

Everything you need to know about Ethereum2.0 TESTNET TOPAZ by PRYSM

By Klo | collaborative economy | 20 May 2020


 

In this post you will find the necessary links to start doing the tests on the ethereum testnet, links bellow. 

Ethereum is a project that is in continuous development, and with Eth2 we want to improve scalability, speed and security, the cost of transactions, and strive to improve environmental sustainability, going from Proof of work to proof of stake.


The development of Ethereum has been divided into 4 parts:
🔵FRONTIER 2015 which basically was that Eth existed.
🟡HOMESTEAD occurred on March 14, 2016 from the 1,150,000 block where MYST took place, a browser very friendly to the ethereum network today already obsolete https://github.com/ethereum/mist
The third stage was called:
🔴METROPOLIS that was made to beg for a while and it was not until October 16, 2017 that we could see it, this third stage had two sub stages called BYZANTIUM and CONSTANTINOPLE these were two HARD FORK. BYZANTIUM brought several main characteristics; the reduction of the difficulty bomb, the update of SOLIDITY, the implementation of the ZK-SNARKS, I am not going to elaborate on each of these characteristics, except that SOLIDITY is the programming language oriented to smart contracts and Dapps in Ethereum and that the ZK-SNARK are the abbreviations of "Zero-knowledge Succint-interactive" and that in order for them to be executed they have to meet 3 requirements, integrity, solidity and zero knowledge.
The fourth stage is called SERENITY, which is the last step in the ethereum project where you will go from POW to POS.
The fourth stage is called:
🟢SERENITY, which is the last step in the ethereum project where you will go from POW to POS.
The development of SERENITY will take place in 7 more phases, here is an important aspect since in the development of the Ethereum virtual machine, Google, Apple, Mozilla and Microsoft are involved.
After this brief introduction to what the Ethereum project has been, I am going to leave you a link where you can join the Ethereum2.0 tesnet here they will give you a virtual token, so you can learn to do your validations and know how the ethereum POS mainnet will work.
Being a validator of the Ethereum network brings with it a series of risks, since you can lose ETH if for example you try to support two chains at the same time, or if you do something fraudulent, they can penalize you, then you need to have your PC turned on. All times in case at any time you are required to approve something, if it were turned off you would also be penalized.
The first block or "GENESIS" block of ETH2.0 will not be discovered until there are stagnant 524,000ETH, approximately 16,000 validators. At that point they will begin to give the rewards, and in Phase 1 it is not reached until there is 5m of ETH in staking
When everything is ready to start, we will have to go from ETH to ETH2, at first two chains will coexist, the mining one and the POS one, we will have to do a swap.

 

I leave the link below, if you dare to participate in tesnet leave us a comment in the box below and tell us.

 

 

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