Golden Outpost｜Ethereum Zinken test network will be launched in 8 hours

Jinse Finance reported that Ethereum’s new test network Zinken, which is used to test the Eth2 release process, will be launched at 8:00 p.m. on October 12.

Previously, due to the unsatisfactory convenience of the Spadina testnet in multi-client testing, the Eth2 team chose to launch a rehearsal testnet named Zinken before the deposit contract was activated and the creation time of the mainnet was confirmed. The goal is still to give client teams the opportunity to fix issues in the release process, and for validators to enjoy a smooth genesis experience.

Golden Noon News | November 14th at noon important dynamics overview: 7:00-12:30 Keywords: China Telecom, Chinese Academy of Engineering, Goldman Sachs, Beijing Subway

1. China Telecom fully enters the metaverse;

2. The Chinese Academy of Engineering released the application case of the blockchain "Safety Supervision Chain";

3. Goldman Sachs Energy Research Director: Gold is becoming the cryptocurrency of the poor;

4. Anish Agnihotri, a member of Paradigm, launched MultiFaucet on GitHub;

5. The Beijing subway has fully supported the digital renminbi, with an average daily usage of about 3,100 passengers;

6. Report: In 2021, the total cryptocurrency investment in ASEAN countries will soar, surpassing alternative lending;

7. ALL.ART, the NFT market on the Solana chain, completed a private equity round of financing of US$4.5 million, led by Delphi Ventures. [2021/11/14 6:50:59]

According to the announcement, under ideal predictions, the Zinken testnet can stabilize and start confirming blocks as soon as the genesis is established, and what the Eth2 team wants to see is that users can configure nodes and join the network without hindrance.

Jinse Finance mining data broadcast | ETH's network computing power increased by 1.31% today: Jinse Finance reported that according to the data of the spider mining pool:

The computing power of the entire ETH network is 181.226TH/s, the mining difficulty is 2294.7T, the current block height is 9627615, and the theoretical income is 0.00755964/100MH/day.

The computing power of the BTC network is 121.919EH/s, the mining difficulty is 15.49T, the current block height is 620710, and the theoretical income is 0.00001623/T/day.

The BSV network computing power is 2.774EH/s, the mining difficulty is 0.40T, the current block height is 625255, and the theoretical income is 0.00064887/T/day. [2020/3/8]

According to Zinken’s description on github and the contents of the Ethereum Foundation’s blog, Zinken uses Goerli’s deposit contract, and the genesis deposit deposit period ends at 20:00 on October 8, Beijing time, and the genesis time is 10:00 Beijing time. At 20:00 on the 12th.

Golden Finance News: On October 24, the well-known market research company CB Insights released the "Global Blockchain Investment Trend Report for the Third Quarter of 2017". As of October 2017, the cumulative total financing of global ICO projects has exceeded 2 billion US dollars. [2017/10/26]

Like Spadina, Zinken's primary goal is to implement the genesis process. This means that while the testnet may exist for a long time, the client team and ecosystem tooling support will only last a few days.

According to statistics from zinken.beaconcha.in, Zinken’s validator deposits have exceeded 400% of the trigger launch. This testnet will support clients such as Prysm, Lighthouse, Teku, Nimbus and Lodestar.

If the verifier running the Medalla client cannot close the running Medalla client and switch to Zinken, because for Ethereum, Medalla is a long-term test network. If it is a validator running Spadina, its shutdown can be transferred to Zinken.

Ethereum has released multiple testnets successively, and Eth2 is expected. Judging from the news released by Ethereum on the Reddit forum, as long as Zinken can run normally, it should be the last testnet before the release of Eth2.

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