A rare blockchain error caused Ethereum’s latest upgrade to fail after developers of the market’s second-largest cryptocurrency discovered file settings issues.
The update, scheduled for last Friday (15), would make the Ethereum test network even bigger. Some of the ecosystem’s key developers followed the launch, but couldn’t do anything to help.
As a result, there will be another launch attempt in the future, which according to a programmer could take place in the next two weeks. However, the main parties involved analyze the error before the new attempt.
Bug in Ethereum testnet update delays community plans
One of the programmers who came to explain what was happening was Parithosh Jayanthi, DevOps at the Ethereum Foundation. According to him, a misconfiguration in a file prevented the new Holesky network from getting off to a good start.
“We had a misconfiguration in the el genesis file and this caused the holesky network to boot incorrectly. Some validators manually corrected the configuration and were able to boot the network, but not enough to complete the network.”
The programmer even took the time to explain that the new updates should come in the next two weeks until they could run new implementation tests.
The Ethereum developer apologized for the chaos and recalled that on the next attempt to update the testnet, new validation steps should contain errors like those seen in recent days.
“We are waiting for a decision, but it is very likely that we will relaunch the network with new genesis files and have the network live in about two weeks. Sorry for the chaos! We will add a few more validation steps and better documents to ensure this doesn’t happen again.”
Sorry for the chaos! We will add some more validation steps and better documents to ensure this doesn’t happen again.
—parithosh | 🐼👉👈🐼 (@parithosh_j) September 15, 2023
Holesky should only replace Goerli in tests involving staking, infrastructure, and other protocol mechanisms. Therefore, the Sepolia testnet, which enables testing with dApps, smart contracts and EVM deployments, will continue to function normally.
A bug in the new update is frustrating the Ethereum community’s celebrations
The new update took place in a context of celebration by the Ethereum community, which completed “The Merge” update in September 2022. In practice, it is the event that transformed Ethereum mining from Proof of Work to Proof of Stake.
Proof of work is the consensus mechanism used by Satoshi Nakamoto to create Bitcoin, a digital currency widely recognized for its security and robustness.
But Ethereum decided to switch to Proof of Stake and the community even planned to celebrate with the testnet update, but the plans ultimately ended in failure.
It is worth remembering that Ethereum’s market capitalization could not surpass that of Bitcoin last year, which is yet another frustration experienced by fans of the project and Vitalik Buterin.
Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.