Key Points:
On November 7th, the non-profit Ethereum Foundation announced the launch of the “Mekong testnet” to allow developers to experiment with and explore new features in preparation for the upcoming Pectra hard fork.
The Mekong testnet will be a testing ground for almost all the features planned for official deployment on Pectra, including:
The Ethereum Foundation encourages developers to experiment with UX-related changes and provide feedback to the organization.
For stakers, the Ethereum Foundation emphasizes that major changes to the staking process will be included in Pectra, with the “Mekong testnet being the first place to test these changes.”
Pectra is an upgrade focused on improving both the consensus and execution layers by adding features to mechanisms such as account abstraction, data availability, and PeerDAS. It is the next major hard fork of the Ethereum network since Dencun, which unlocked ETH staking in March 2024.
Although the Mekong testnet allows developers to explore upcoming upgrades, the Ethereum Foundation clarified that it will not affect the mainnet or other Ethereum testnets such as Holesky or Sepolia.
Tim Beiko, protocol support lead at the Ethereum Foundation, said this short-lived testnet is named after Ethereum’s Devcon 7 event, which will be held in Bangkok (Thailand) from November 12th to 15th, 2024. The name “Mekong” is taken from the Mekong River that flows through Southeast Asian countries such as Thailand, Cambodia, and Vietnam.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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