Ethereum Celebrates Successful Holesky to Deneb Testnet Upgrade

TL;DR
1.Terence.eth tweets about successful upgrade, announces arrival of first blocks.
2.Terence.eth confirms successful Holesky for Deneb upgrade, no reported bugs.
3.Holesky: Ethereum's new testnet since September 2023.
4.Holesky testnet upgraded to Deneb, preparing for Dencun mainnet. Sepolia upgraded on Jan. 30.
5.Holesky testnet upgraded to Deneb, nearing Dencun mainnet. Sepolia upgraded on Jan. 30.

Ethereum, the prominent smart contract platform and the second-largest cryptocurrency by market capitalization, marks a significant achievement with the successful upgrade of the Holesky testnet to Deneb, its latest and most advanced iteration.

Exciting Announcement by Ethereum Developer Terence.eth

Terence.eth, an Ethereum developer, took to Twitter to share the exhilarating news of the successful upgrade. In an initial tweet, Terence.eth announced the completion of the upgrade, noting the arrival of the first few blocks.

Follow-Up Confirmation of Holesky's Finalization for Deneb

In a subsequent tweet, Terence.eth confirmed the finalization of Holesky for Deneb. Despite a slight decrease in participation of approximately 5%, attributed to offline node operators, the upgrade was deemed successful. Notably, no bugs have been reported thus far.

Importance of Holesky Testnet

Holesky serves as a public testnet that mirrors the main Ethereum network, enabling developers and users to test new features and applications before their deployment on the mainnet. Planned to replace Goerli as a testnet for staking, infrastructure, and protocol development in 2023, Holesky was launched in September 2023.

Significance of Deneb Upgrade

The upgrade of the Holesky testnet to Deneb marks a pivotal milestone for the Ethereum network, signifying the final phase of testing and preparation for the deployment of the Dencun upgrade on the mainnet. Previously, Blobs arrived on the Goerli testnet, while the Sepolia testnet underwent the Deneb upgrade on Jan. 30.

Celebration and Anticipation for Dencun Mainnet Launch

Christine Kim, VP of Research at Galaxy, celebrates this milestone on the journey towards the Dencun mainnet launch. With Holesky being the last ETH testnet slated for an upgrade, successful testing paves the way for the Dencun mainnet deployment. Ethereum developers are expected to discuss the timing of the Dencun mainnet and scoping for the Prague hard fork in the upcoming ACDE call next week.

Conclusion:Ethereum testnet upgraded; mainnet launch imminent

Ethereum achieves a significant milestone with the successful upgrade of the Holesky testnet to Deneb, as confirmed by developer Terence.eth. This marks the final stage of testing before the deployment of the Dencun upgrade on the mainnet, signaling progress towards Ethereum's continued evolution. Christine Kim of Galaxy celebrates this achievement, anticipating the imminent Dencun mainnet launch.