{"id":104029,"date":"2019-05-08T02:16:13","date_gmt":"2019-05-08T09:16:13","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=104029"},"modified":"2026-04-29T12:01:55","modified_gmt":"2026-04-29T11:01:55","slug":"casper-proof-of-stake-ethereum-live-on-the-prysm-testnet","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/casper-proof-of-stake-ethereum-live-on-the-prysm-testnet\/","title":{"rendered":"Casper proof-of-stake Ethereum live on the Prysm testnet"},"content":{"rendered":"<p>The next version of <a href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">Ethereum<\/a>, which uses Casper proof-of-stake, is live on the <a href=\"https:\/\/alpha.prylabs.net\/\">Prysm testnet<\/a>. The public release marks another major step towards <a href=\"https:\/\/github.com\/ethereum\/eth2.0-specs\">Ethereum 2.0<\/a>, which its developers say will bring greater security, scalability, and decentralization to the network.<\/p>\n<p>On May 6, Prysmatic Labs, <a href=\"https:\/\/t.co\/Xpl0YfA4cY\">one of nine independent teams<\/a> responsible for building Ethereum 2.0 clients, <a href=\"https:\/\/medium.com\/prysmatic-labs\/ethereum-2-0-phase-0-testnet-release-1e9e682db910\">announced<\/a> that the v0.4 Casper PoS implementation of Ethereum 2.0 is live on the Prysm testnet.<\/p>\n<p>Something to keep in mind is that Ethereum 2.0 will not be implemented via hard fork. Instead, an entirely separate blockchain will be created to allow for these new features. Users will be able to deposit their old ether into a smart contract in exchange for new ether on the 2.0 chain.<\/p>\n<h2>Sharding on Ethereum<\/h2>\n<p>The 2.0 version of Ethereum introduces a long-awaited feature, sharding. Shards are interconnected secondary chains which manage smart contracts and transactions. These shards are connected to a main chain, known as the \u201cbeacon chain.\u201d<\/p>\n<figure id=\"attachment_76635\" aria-describedby=\"caption-attachment-76635\" style=\"width: 300px\" class=\"wp-caption alignright\"><a href=\"https:\/\/cryptoslate.com\/vitalik-buterin-goes-on-tweet-storm-about-ethereums-casper\/\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-76635\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/08\/vitalik-buterin-tweet-storm-social-300x158.jpg\" alt=\"\" width=\"300\" height=\"158\" \/><\/a><figcaption id=\"caption-attachment-76635\" class=\"wp-caption-text\">Related: <a title=\"Vitalik Buterin Goes on \u2018Tweet Storm\u2019 About Ethereum\u2019s Casper\" href=\"https:\/\/cryptoslate.com\/vitalik-buterin-goes-on-tweet-storm-about-ethereums-casper\/\">Vitalik Buterin Goes on \u2018Tweet Storm\u2019 About Ethereum\u2019s Casper<\/a><\/figcaption><\/figure>\n<p>The beacon chain functions as a coordinator of these different shards and stores a list of approved validators on the network. The beacon chain also gives \u201cattestations,\u201d which are votes on which block should be added to the primary history of the blockchain. The process is analogous to how miners add blocks in a proof-of-work system.<\/p>\n<p>The main benefit of sharding is scalability. Instead of processing transactions on a single chain work can be distributed to multiple chains, increasing the total number of transactions that can be conducted.<\/p>\n<p>Previously, there was a time where Ethereum was crippled from congestion from a single app\u2014CryptoKitties. The game\u2019s furry, collectible tokens brought the network to a crawl and pushed the average transaction cost from under $0.5 to over $3. Sharding would allow the network to accommodate more sophisticated dApps while mitigating congestion.<\/p>\n<h2>Next Steps Towards 2.0<\/h2>\n<p>The v0.4 test implementation includes a functional beacon chain, with validators, using Casper proof-of-stake. Subsequent versions will introduce smart contract (EVM) features and other functionalities. Overall, the testnet allows developers to experiment with the new version of Ethereum prior to the full release.<\/p>\n<p>The next steps for Prysmatic Labs is to launch v0.6, which is a \u201cmassive improvement\u201d on v0.4. By June, the organization will have a more polished and finalized version of the software in preparation for the mainnet release of Ethereum 2.0.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The next version of Ethereum, which uses Casper proof-of-stake, is live on the Prysm testnet. The public release marks another major step towards Ethereum 2.0, which its developers say will bring greater security, scalability, and decentralization to the network. On May 6, Prysmatic Labs, one of nine independent teams responsible for building Ethereum 2.0 clients, [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":104030,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61713,37],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Casper proof-of-stake Ethereum live on the Prysm testnet<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/casper-proof-of-stake-ethereum-live-on-the-prysm-testnet\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Casper proof-of-stake Ethereum live on the Prysm testnet\" \/>\n<meta property=\"og:description\" content=\"The next version of Ethereum, which uses Casper proof-of-stake, is live on the Prysm testnet. The public release marks another major step towards Ethereum 2.0, which its developers say will bring greater security, scalability, and decentralization to the network. On May 6, Prysmatic Labs, one of nine independent teams responsible for building Ethereum 2.0 clients, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/casper-proof-of-stake-ethereum-live-on-the-prysm-testnet\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-08T09:16:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-29T11:01:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/05\/ethereum-casper-testnet-social.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mitchell Moos\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Casper proof-of-stake Ethereum live on the Prysm testnet\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mitchell Moos\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/casper-proof-of-stake-ethereum-live-on-the-prysm-testnet\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/casper-proof-of-stake-ethereum-live-on-the-prysm-testnet\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/mitchell-moos\/#person\",\"name\":\"Mitchell Moos\",\"url\":\"https:\/\/cryptoslate.com\/author\/mitchell-moos\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/mitchell-moos\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/mitchell-moos\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/11\/author-mitchell-moos.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/11\/author-mitchell-moos.jpg\",\"caption\":\"Mitchell Moos\"},\"jobTitle\":\"Contributing Analyst\",\"description\":\"Mitchell is a software enthusiast and entrepreneur. 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