Finally, Ethereum has released a definite timeline on the launch date of Ethereum 2.0’s final testnet in August, which will pave way for Phase 0 mainnet, as early as November.
Ethereum 2.0 developer and researcher Danny Ryan said on discord that the testnet will go live on august 4, if everything goes according to plan.
The launch will mark the final public testnet to the much-awaited Ethereum migration from PoW to PoS. It’s also a major milestone in solving Ethereum’s current scaling limitations and implementing sharding, essentially upgrading its blockchain for more superior DeFi experience.
The cryptoverse is highly anticipating this migration, which will mark the first shift from a mining consensus protocol to staking, in the short history of the crypto and blockchain industry.