Ethereum Launches Kintsugi Public Testnet Ahead of Move to Proof-of-Stake

Posted on by American Coins & Gold

Ethereum Launches Kintsugi Public Testnet Ahead of Move to Proof-of-Stake
Ethereum opened the Kintsugi testnet to the public on Monday, Tim Beiko, a developer for the blockchain, announced in a post.Testnets run atop and mimic the activity of the core blockchain, or mainnet, without affecting it. They allow developers and the community to test applications and features in a controlled setting.Kintsugi, named for the Japanese art of mending broken pottery with gold, is one of the final public testnets before Ethereum 2.0. That’s a plan to convert the blockchain to a proof-of-stake mechanism – one that relies on validators locking up tokens to validate transactions and maintain the network –…