Bankless SotN#11 - BUILDING w/ Raul Jordan (Eth2 Testnet Broke? L2 will Save Us! Pro-o-o-tocol Sink!)
Aug 26, 2020
Raul Jordan, a key member of the Prismatic Labs team developing the ETH2 client Prism, dives into the latest Ethereum challenges. He discusses the hiccups of the Medalla testnet, revealing how a major bug disrupted validators. Raul also highlights the promise of Layer 2 solutions to tackle Ethereum's notorious gas fees, making transactions more efficient and user-friendly. Additionally, he emphasizes the importance of community involvement in testing and improving network reliability, a crucial step towards the proof of stake transition.
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Medalla Testnet Incident
- The Medalla testnet experienced a critical bug causing most nodes to go down, validators to stop validating, and a mass slashing event.
- This was caused by a time server bug and a subsequent flawed fix, highlighting the importance of multi-client testnets.
Mainnet vs. Testnet Bug Response
- If the Medalla bug occurred on mainnet, the dynamics would differ due to higher stakes.
- Faster reactions, client-switching, and better communication would likely occur in a real-money scenario.
Contribute to Medalla
- Join the Medalla testnet by running a node or validator to contribute to a safer mainnet launch.
- Report any issues or bugs encountered to help identify and resolve critical problems before real ETH is at stake.