|

Ethereum developers delay Pectra mainnet launch with new testnet Hoodi

  • Ethereum developers will launch a new testnet, Hoodi, to test the Pectra upgrade further before the mainnet launch.
  • Hoodi will focus majorly on testing validator exits.
  • Hoodi's launch follows setbacks encountered during the launch of Pectra on Holesky and Sepolia testnets.

Ethereum developers announced on Thursday that they will launch a new testnet, "Hoodi," to enable validators and infrastructure providers to adequately test the upcoming Pectra upgrade before mainnet deployment, according to Tim Beiko, who runs Ethereum's core protocol meetings.

Ethereum to launch Pectra upgrade on new testnet

In the latest All Core Developers Consensus (ACDC) call on Thursday, developers decided to launch Hoodi to specifically test validator exits — the process of removing a validator from performing block attestation and consensus duties.

Hoodi's launch follows configuration issues with execution layer clients on Holesky and Sepolia that hampered adequate testing of Pectra on both testnets.

Testnets or test networks are like playgrounds to launch and test the performance of important Ethereum technical upgrades before deploying them fully on the mainnet.

Hoodi will maintain a similar configuration and validator counts as the Ethereum mainnet. Developers aim to launch the Hoodi testnet on Monday and deploy its Pectra upgrade activation on March 26.

Pectra will go live on mainnet at least 30 days after the potential successful Hoodi upgrade — sometime in April or early May.

"Once Pectra successfully activates on Hoodi, a mainnet fork time for Pectra will be chosen. This will be at least 30 days after the Hoodi fork, but potentially farther out if infrastructure providers need more time to test on Hoodi," developers noted in a Thursday's post on Ethereum Magician.

Pectra will bring several features to Ethereum, including transaction batching, sponsored transactions, payment of gas fees in other ERC-20 tokens and wallet recovery — a group of features collectively referred to as 'account abstraction.' Other key features include increasing the maximum staking balance from 32 ETH to 2,048 ETH to enable validators to consolidate their holdings and the expansion of blob spaces within Ethereum blocks.

Author

Michael Ebiekutan

With a deep passion for web3 technology, he's collaborated with industry-leading brands like Mara, ITAK, and FXStreet in delivering groundbreaking reports on web3's transformative potential across diverse sectors. In addi

More from Michael Ebiekutan
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades. 

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.