All eyes are on Ethereum 2.0 testnet as it is set to be released on August 4. But ahead of the mega launch the developers have opened doors for validators to step in.
A blog, dated July 27 on Ethereum, said the the researchers have announced the release of the validator launchpad for the multi-client testnet Medalla.
The blog also added that the launchpad is part of the testnet launch stage, which will be prior to the Phase 0, in which the network will move towards Proof-of-Stake (PoS).
“We’re releasing it now so that you can keep track of, and make deposits into, the upcoming Medalla multi-client testnet,” the blog said.
“But we’ll continue to fine-tune the interface in the run-up to mainnet launch.”
The next phase will reportedly track participants in order to help the testnet validate. Users might need to put up a minimum of 32 ETH stake to run a validating node.
Trustnodes reported today that more than 150,000 ETH in deposits has been made, meaning the testnet has roughly 30.5% of the validators it needs to be ready for the launch next week.
Recently the trading volume on Ethereum surpassed the Bitcoin. However, in the Q2 it was not the same.