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Published on -
May 20, 2024
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Hello, Holesky: Meet Ethereum's Newest Testnet

Introducing Holesky, a new PoS test network on Ethereum. Refer to this guide for detailed information and resources on acquiring test tokens.

TL;DR

  • Holesky was launched on September 2023, replacing the Goerli test network
  • This new network uses Holesky ETH tokens and serves as a test environment for consensus staking, infrastructure, and protocols
  • Sepolia continues to be the recommended testnet for developing EVM-compatible applications
  • Goerli is no longer a supported test network on MultiBaas

On March 13, 2024, the Dencun upgrade was successfully implemented on Ethereum, introducing proto-danksharding, a type-3 transaction model referred to as blobs (EIP-4844). Because of this update, the Ethereum Foundation stated that the Goerli testnet, Ethereum’s first multi-client support test network, would have to be phased out.

In anticipation of Goerli’s deprecation, the Holesky testnet was launched in September 2023. Holesky is recognized as the first long-standing Proof-of-Stake (PoS) test network merged from genesis, meaning it never existed as a Proof-of-Work (PoW) network as seen with previous versions.

Issues with Goerli

Before Holesky was introduced, Goerli was used by protocol developers for testing network upgrades while stakers were involved in test-running validators. 

Towards the end of its lifecycle, Goerli ETH became difficult to acquire. This scarcity led to the creation of an active market where users had to purchase Goerli test tokens with real money, even reaching an all-time-high of $1.60 in February 2023. The testnet’s direction deviated from its intended course as it faced challenges with scalability, speed, security, and scarcity.

As part of Ethereum’s post-Dencun upgrade plans, Goerli was deprecated in April 2024 and fully replaced by Holesky testnet. Existing Goerli validators were shut down and prompted to migrate to either Sepolia or Holesky. Following this update, support for the Goerli test network has been discontinued on our middleware, MultiBaas.

Holesky launches on Ethereum

Holesky was initially scheduled to go live on September 15, 2023 (the first anniversary of The Merge), however, it failed to launch due to a misconfiguration on the ExtraData field of the Execution Layer Genesis file. The network was successfully relaunched on September 28, joining Sepolia as a primary testing environment for Ethereum. 

One of the main benefits of the Holesky testnet is that it has 1.46 million validators protecting its network integrity, which is the biggest public network to date. That is more than the ETH mainnet (700,000) and Goerli testnet (512,000) combined. At launch day, approximately 2 billion Holesky ETH was allocated to bootstrap the network, creating “virtually unlimited ETH reserves” to resolve Goerli’s scarcity problems.

Another advantage to Holesky is that it is compatible with Sepolia testnet. While Sepolia continues to be used for DApp stress tests, smart contract experiments, and other EVM functions, Holesky is designed for more technical purposes such as experimenting with staking designs, general infrastructure, and protocol-level ideas. It includes its own set of validators, a block explorer, and various faucets. 

Holesky also offers the advantage of a staking mechanism where validators can stake Holesky ETH when participating in the new testing network.

In the Ethereum ecosystem, Sepolia serves as a developer’s playground with unlimited testnet tokens, while the main purpose of Holesky is to test validators and staking functions. Public validators can join, which can be particularly useful for node operators and DVT (distributed validator tech) projects that undergo public testing.


Holesky testnet faucets

Link

Amount

Constraint

https://faucet.quicknode.com/ethereum/holesky

Daily allocation: 0.05 Holesky ETH

The requesting wallet must hold at least 0.001 ETH on Ethereum Mainnet.

https://holesky-faucet.pk910.de/

A minimum claim of 0.5 Holesky ETH. Step-by-step instructions are here.

A minimum passport score of 2 is required on Gitcoin to receive free testnet tokens (this is to prevent automated farming scripts).


Having a Github account gives you 7 points.

https://stakely.io/en/faucet/ethereum-holesky-testnet-eth

Daily allocation: 0.1 Holesky ETH

Must send out a tweet requesting test tokens. User must solve the captcha and their Twitter account must be verified.


If you already have sufficient funds in your wallet, you will not be eligible to receive Holesky ETH from Stakely.

https://tatum.io/faucets/holesky

0.002 Holesky ETH (every 24 hours)

Must have a free account with Tatum. When signing up to Tatum Dashboard, regions are limited to Europe and America.


The requesting wallet must hold at least 0.001 ETH on Ethereum Mainnet.

https://faucet.chainstack.com/holesky-testnet-faucet

Up to 0.5 Holesky ETH (every 24 hours)

Must create an API key on Chainstack to authenticate requests. Sign-up is required.


The requesting address must hold at least 0.006 ETH on Ethereum Mainnet.


Considerations

To get started, the Holesky test network needs to be imported to a wallet, if it is not already included. Users can manually input the following technical specifications:

Network Name

Holesky Testnet

Flag

–holesky

New RPC URL

https://rpc.holesky.ethpandaops.io

Chain ID

17000

Currency Symbol

ETH

Block Explorer

https://holesky.beaconcha.in/

Launch Epoch

1694786400

(Source)

As with any test network that follows a lifecycle, it’s worth noting that Holesky will remain operable until its projected end-of-life date in December 2028. (Source: Github)

Additional links and resources

The Holesky test network, along with many other EVM-compatible chains, is supported on our core middleware solution, MultiBaas. Learn more at https://docs.curvegrid.com/multibaas/.