Yesterday, a new beta phase was launched that falls within Phase 0 of Ethereum 2.0, or the so-called Beacon Network.

The first block is proposed on the ETH2.0 testnet “Medalla”! 🏅
This will be the last Testnet before the mainnet release.

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– Bitfly (@etherchain_org) August 4, 2020

The team behind the development process described the launch of the pilot phase as a successful launch, but they were not completely satisfied with it.

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The experimental network, named Medalla, was run with less than expected participation.

Anthony Sassano, Director of Product Marketing at SetProtocol and author of a newsletter focused on Ethereum writes:

The main reason people are so excited about this test in particular is that if no critical issues or bugs are found, it will be the final test that runs before the mainnet date is set and Ethereum 2.0 stage 0 is launched.

The current phase is expected to last two to three months before this date is set.

Upon launch, the Ethereum Foundation and developers immediately began searching for new blocks, to see if any of the validators had connection issues.

Seconds after launch, the first block was observed.

Then, monitor other aspects of the experimental network, monitoring network explorers and running local metrics as well, looking for potential red flags, Ethereum Core developer Danny Ryan explained.

Despite this, less participation than expected was observed by validators.

The development team said they believe this can be resolved within several hours.

1/ Here’s the scoop on the launch of Testnet Eth 2.0 Medella today from my point of view: the testnet has launched successfully and is working as it should. However, there is a low participation of validators. Learn how the network works directly with a file

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– Hudson Jameson (@hudsonjameson) August 4, 2020

Tell Ryan:

Although the sharing is not as expected, the beta works as it should, as they had a config block and a live beta network.

While Vitalik Buterin, one of the founders of Ethereum, interacted by saying:

If the customer isn’t working plus 30% of people are lazy, that’s the kind of situation the network will have to deal with anyway.

The rationale for designing Ethereum 2.0 is not intentionally assuming that everyone is very professional, because we want to be affordable for all of these things.

Several updates are expected in the following hours.

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As we mentioned earlier in the Arab Bitcoin, several beta versions were released, including Prysm, Lighthouse and Schlesi, which was followed by Witti and then Altona, the latter was launched in early July.

Avery Shwedon, director of Parity Technologies, a blockchain infrastructure company, said:

November could be the time for Ethereum 2.0 Phase 0 to be officially launched, provided no critical issues are found.

At the time of writing this article, Ethereum is trading at $391, with the coin dropping 0.3% on the day and 21% in the week.

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