Testnet Ether on Goerli has rushed up by 673 %, developers suggest a new plan
Testnet Ether on Goerli has rushed up by 673 %, developers suggest a new plan
The Goerli test network is a popular cross-customer proof-of-authority test network for Ethereum, but is otherwise a completely separate unit from the Ethereum Ledger. It was set up in March 2019. Applications are tested in the Mainnet before their final provision.
retailers can also send token from other chains to Goerli. The tokens used are the testnet version of the actual ether and should be free of charge for the developers.
Goerli's distribution method for Native ETH (Goeth) was a major point of dispute, since its distribution is mainly in the hands of some less validator units. They distribute a small amount of Goeth. The traditional approach uses services called Faucets to get test-tokens, which is considered uncomfortable by many.
new approach
In response to this, a cross-chain platform Layerzero designed a possibility of how Goerlis Testnet-ther is traded and exchanged between the Ethereum-Minnet and the testnet. The focus is on enabling developers directly from the decentralized stock exchange. Uniswap.
The layerzero developers have launched a cross-chain liquidity pool, which enables users to buy Goeth in order to clear up concerns about the acquisition of the tokens. However, critics have warned of the new approach to monetize the locals of a test network, and believe that such a mechanism will ultimately threaten the free nature of the test network.
In fact, the Testnet $ the price increased to $ 1.60 on Saturday and rose by more than 673 %since it was traded at $ 0.15 at the end of last week. The token has lost a lot of its value since then, but is still being traded near $ 0.31.
Uniswap founder Hayden Adams called on those who buy the token and warned that he will lose support in his latest testnet Twitter ,
"If you buy Goerli ETH, why do you do the hell? You all know that it is an outdated and soon completely no longer supported test network, right?
After the development, the Chief Information Security Officer from Polygon, Mudit Gupta, one and specified,
"Goerli ETH is traded for ~ 0.69 $. Not nice. Testnet should be free of charge, but is awarded by speculators. keyboard warriors will tell you that the developers will buy it, but no. Maybe buy 0.1 % for consumption. This is the beginning of the end of the Goerli test network. It has served us well."
possible solution
The acquisition of Testnet-ther has become a big problem. In order to counteract this, a solution has now been found suggested by Ethereum-Kern developer Tim. Develop test network called Holli. This, which is expected to be published this year, is to improve the test environment for client and application developers as well as node operators.
.