Prysmatic Labs Launches Ethereum 2.0 Proof of Stake TestNet

Prysmatic Labs co-founder Preston Van Loon announced the launch of an Ethereum 2.0 Proof of Stake (PoS) blockchain Testnet on May 7.

While the full transition for Ethereum away from its current Proof of Work algorithm to a Proof of Stake blockchain is still over a year away, the testnet launch by Prysmatic labs represents a positive development for the currency. According to Van Loon in an update published to Medium,

Original source
https://ethereumworldnews.com/prysmatic-labs-launches-ethereum-2-0-proof-of-stake-testnet/

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