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Ethereum launches new testnet ‘Holešky,’ allocates 1.6B ETH for devs
© Reuters.
developers launched a new testnet on Sept. 15. Called “Holešky,” the network is expected to be used for staking, infrastructure and protocol development, according to its developer documents. Sepolia will remain the dominant network for application development.
An initial supply of 1.6 billion Holešky testnet Ether (HETH) will be allocated to validators on Holešky’s launch day to bootstrap the network into operation, according to Ethereum developer Tim Beiko. This represents 10 times the amount of Ether (ETH) present on mainnet. Beiko stated that developers were comfortable with producing this amount because “devnets [are] regularly using 10B supply.”
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