A report recently published by the news portal Trustnodes indicates that the Medalla testnet already exceeded 75 GB per node, so this will be the estimated space that everyone who wishes to operate their own must have available.
The main developers point out that Medalla works with nodes under different operational systems such systems are different from those of the main network. Since the latter must be complete to handle the whole record of operations in the network, those belonging to the test network are classified as “archive”, so its importance is mainly based on being stable before each change within the Blockchain.
On the one hand, Ethereum 2.0 network should theoretically solve scalability problems. On the other hand, it is not very clear if, under these metrics, it would be practical for stakeholders to support the processing of the blocks. Although the size of a full node for the network has not been defined at this time, it is estimated that it should be about 18 GB.
On the other hand, as the size of the testnet nodes grows, the amount of ETH available as collateral by the block validators in the Medalla testnet also increases. Figures published by beaconcha.in indicate that the number of ETH tokens available as collateral already exceeds 2.1 million units, while the number of validators is already close to 70,000 members.
According to information published by the price calculator Ethven.com, with an Ether trading at about USD 353 per unit, it is estimated that Medalla has more than USD 742.1 million in ETH funds guaranteed. In perspective, this amount exceeds the assets in custody managed by DeFi protocols such as Aave (LEND) or Yearn. Finance (YFI).
As support for Ethereum 2.0 grows, Ethereum lead developer Vitalik Buterin commented last week in an interview that we are still far from seeing solutions to improve the scalability of the currently used Blockchain network. At the moment, it only remains to see how the development stages for the project evolve.
Ethereum 2.0 development continues to advance
Although Medalla testnet seems to have achieved success with the support of the validator community and such amount of ETH funds as collateral, various news portals report that the development of Ethereum 2.0 continues to advance, for which the launch of a second parallel test network called Spadina, which would be a short-term systems test.
In light of the great growth that the Ethereum ecosystem once had, especially in recent months due to the boom in the DeFi sector, expectations grew up about the benefits that Ethereum 2.0 will bring in terms of scalability.
Data reported by the development team ensure that the update for the protocol will lead the network to have enough capacity to support more than 100,000 transactions per second, improving latency times and reducing costs for operations
By: Jenson Nuñez.
