In a recent meeting of the Ethereum 2.0 team, they formalized the details of their plans for the first full-scale mainnet simulation test network. The new multi-client testnet, called Medalla, will be the last one before the mainnet is started.
What Medalla Stands For !!!
Medalla means “medal” in the Olympic test network of Ethereum 1.0, which, according to the developer, was launched immediately before the full launch. It will be the first test network for the Ethereum 2.0 protocol and the second test network for the new Ethereum protocol. Although two conditions must be met for the launch, the release of the first version of the Ethereum 2.0 protocol and the implementation of the core protocol is not yet set in stone.
The first is the manually defined parameters set early before the test network is started; the second is a test network with at least 1,000 users. The second condition concerns the number of validators who have logged into the test network and the total number and size of the validator network.
The Initial ETH 2.0 Start
Medalla will start with 48 hours to commit to the creation, with the minimum number of validators and minimum duration for the test network. Once we reach this milestone, we will start the first phase of community testing net with a total of 16,384 repositories for 32 ETH each.
Medalla simulates the first phase of the proposed Ethereum 2.0 mainnet, the Ethereum Core, with a 1 million tokens test network. Anyone who has enough ETH in their wallet to deposit 32 ETH in the Goerli testnet can register as a validator.
The four clients being Nimbus and Teku being the new mainstays along with Lighthouse and Prysm, and the other 4 clients which are under active development but will be available in the next few months. He said he expected lodestar to be involved in some way to provide customers with surprises.
The client defines the blockchain in many ways and is used to operate nodes and as a “client for the network” and as a client for other users of the Ethereum network. To compare the dominance of Geth and Ethereum 1.0, the foundation is pushing for more customers for the next generation.
The Phase 1 Progress Until Now
Unlike the previous iteration, which was called devnet, the Medalla test net is expected to be maintained by the community and maintained in its entirety by the community. In addition to the test network, the foundation also sponsors a separate attack network cracked by hackers from the company White Hat. The work is currently being carried out by the Digital Asset Management Team of the Ethereum Foundation, the ETH 2.0 Foundation, and the Bitcoin Foundation. The central coordinator of the various pieces will be Beeb, the Ethereum 2.0 project founder, and the leading developer of the core network of Ethereum.
Ethereum users can include ETH in a deposit contract for Ethereum 1.0 and cannot trade Ethereum 2.0 tokens. They are not entitled to Ethereum 3.1 token exchange or Ether 2.0 token transfer. Still, they can get their money back during the Phase 1 rollout. However, if Ethereum 1.0 is proposed as a separate chain, a proposal to be examined in December 2019 could speed up this process.
This would mainly be Ethereum 1.0, with its version of the protocol as one of many shards and Ethereum 2.1 as the primary client. To adapt the Sharding Simulation Client to work with Ethereum 1.0 blocks, the Eth 1 Geth Client has been modified to outsource the Geth consensus.