The launch of the Ethereum 2.0 testnet is the second most-anticipated event of this year after the halving of Bitcoin, which took place on May 12. With halving out of the picture, the attention began to shift to Ethereum and its brewing solution.
The upgraded testnet could be launched in June
According to the reports from the team, the launch of Schlesi, which was regarded as the unofficial Ethereum testnet, was largely successful, although not without a few hitches, such as the problems with transaction finality. The developers are assuring that the necessary work is being done, and they plan to launch the upgrade to the current version of Schlesi 0.11.2, thus making a transition to version 0.12, somewhere in June.
There were also rumors swirling around concerning Buterin’s alleged plans to give a green light for the fully-fledged transition to Ethereum 2.0 on July 30, but these speculations were later denied by the founder himself.
In any case, it appears that Ethereum is going to be the main newsmaker in Q2 of 2020, which means that the price of second cryptocurrencies will be highly susceptible to news, rumors, and hype, which, in its turn, means that Ethereum traders should brace themselves for the instances of erratic price movement before the launch of Schlesi 0.12.