Posts

Showing posts with the label launch

Ethereum launches new testnet ‘Holešky,' allocates 1.6B ETH for devs

Holešky testnet has a 1.6-billion ETH supply at launch, making it potentially more accessible than the older Goerli network. Ethereum developers launched a new testnet on Sept. 15. Called “ Holešky,” the network is expected to be used for staking, infrastructure and protocol-development, according to its developer documents. Sepolia will remain the dominant network for application development. Hello Holesky, Ethereum’s Newest Testnet Read details below#cryptonews #ETH pic.twitter.com/Z6DUMkOExz — Amy Kols Network (@Amyykols) September 14, 2023 An initial supply of 1.6 billion Holesky testnet Ether (HETH) will be allocated to validators on Holešky’s launch day to bootstrap the network into operation, according to Ethereum developer Tim Beiko. This represents ten times the amount of ETH present on mainnet. Beiko stated that developers were comfortable with producing this amount because “devnets [are] regularly using 10B supply.” Previously, Goerli testnet was used to test new s...

Chainlink launches cross-chain protocol bridging blockchain to TradFi

Image
Several top banks around the world are already collaborating with Chainlink to explore applications for the Cross-Chain Interoperability Protocol. The development firm behind the Chainlink protocol and its native LINK token has gone live with its cross- chain protocol , aimed at providing interoperability between traditional financial firms and both public and private block chain s. In a July 17 post on the Chainlink blog, Chainlink  Labs' Chief Product Officer Kemal El Moujahid announced that its Cross-Chain Interoperability Protocol (CCIP) has launch ed under early access on Ethereum, Avalanche, Polygon, Arbitrum, and Optimism. Developers on these platforms will have access to CCIP on their respective testnets on July 20. 1/ The Chainlink Cross-Chain Interoperability Protocol (CCIP) has officially launched on Avalanche, Ethereum, Optimism, and Polygon mainnets.#LinkTheWorld pic.twitter.com/SdLVyaapg3 — Chainlink (@chainlink) July 17, 2023 CCIP is an interoperability protoco...