Last week I said that Ethereum is burning bright and majestic as the Phoenix does, and the wait for 2.0 is making the value to rise. After delays and delays, there are good news from our friend Vitalik, as the Ethereum 2.0 launch goes on straight line. The Medalla TestNet will go live today, 4th of August, at 1pm UTC, and will require a minimum of 16,000 validors to operate, a number estimated to reached on Friday, 4th of August. The official launch and genesis of the Medalla ETH is the last step before the official launch of Ethereum 2.0. 
If Medalla Testnet will run successfully, than the worldwide launch of 2.0 will soon follow and the ETH power will scale to 100,000 transactions per second.
The launch of Medalla is a huge milestone in the development of eth2 – if Medalla proves stable, mainnet launch is next – and represents years of hardwork by countless engineers, researchers, and community members. - Danny Ryan from Ethereum's Research & Development
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Ethereum: burning bright and majestic as the Phoenix does!
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