The Date of the New Route in Ethereum, Solving the 2-Week Problem, Has Been Determined! - Coin Bulletin

robot
Abstract generation in progress

Ethereum developers are preparing to launch a new test network called Hoodi next week after the technical glitches.

Tim Beiko, the developer coordinator of the Ethereum Foundation, announced the establishment of a new test network due to glitches in the expected update of the Ethereum network Pectra. The failures in the tests conducted on the Sepolia and Holesky test networks prompted developers to launch a new test network called Hooli. According to Beiko's statement, the Hooli test network will be active on Monday, March 25, and the Pectra update will be tested for the last time on this network on Wednesday, March 26.

If the new tests are successful, the update is expected to be moved to the Ethereum mainnet in approximately 30 days. In this case, users may see the update active on the mainnet by the end of April or the beginning of May.

The technical glitches in Pectra's testing processes coincide with a challenging period for Ethereum. Recent declines in the price of ETH, management changes at the Ethereum Foundation, and the increasing popularity of rival blockchains like Solana are exerting significant pressure on Ethereum.

Experts in the sector see the successful implementation of the Pectra update as critical for Ethereum to regain confidence in the markets.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)