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Kintsugi Launch Merge Testnet, Enables Post-Merge Ethereum Experiment

Published 12/22/2021, 03:17 AM
Updated 12/22/2021, 03:30 AM
© Reuters.  Kintsugi Launch Merge Testnet, Enables Post-Merge Ethereum Experiment

  • Kintsugi launched its merge testnet.
  • Ethereum remains the second largest crypto in the market.

The crypto work keeps developing its technology to provide seamless transactions to all its users in the space. This time, after four ephemeral devnets, Kintsugi finally launched its merge testnet. In detail, the Kintsugi testnet will provide the community an opportunity to experiment with post-merge Ethereum and begin to identify any issues.

The team behind the development of the technology encourages the community to start using Kintsugi. This is to familiarize themselves with Ethereum in a post-merge context. Meanwhile, the application developers will not have to worry about any major changes in the system. In addition, the tooling that only interacts with either the consensus or execution layer is also largely unaffected.

On the other hand, Ethereum, the crypto asset that continues to support projects in the space, remains the second-largest virtual asset in the market. It has a huge market capitalization amounting to almost $478 billion with a 24-hour trading volume of over $19 billion.

If this bullish trend keeps on, the price of Ethereum might surge further. But of course, all this might happen if the bullish market and its investors remain on the side of the crypto.

In other news, Moralis announces the release of a Software Development Kit (SDK) to streamline the development of Web3 games and metaverse applications. Plugged with the leading game development environment Unity, the SDK is enabling developers to quickly add Web3 features to their metaverse applications.

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