The price of testnet ether on Goerli’s testnet rocketed to $1.60 on Feb. 25, with communities and critics warning that The token should be worthless.
Last week, cross-chain platform LayerZero created a way for the Goerli Testnet Ether network to be traded and exchanged between the Ethereum mainnet and the Goerli testnet. The idea was to give developers a way to buy testnet ether. In a more convenient way than using traditional faucets or requesting coins from testnet developers.
Still, critics warned that The monetization of testnet tokens, which are designed to be worthless, render the network unsuitable for its primary purpose.
“This is the beginning of the end for Goerli testnet, which has served us well,” said Mudit Gupta, Chief Information Security Officer at Polygon. said on Twitter “Testnet ether should be free. but was targeted by speculators.”
The price of the token hastradeat around $0.15 at the end of last week. But then it peaked at $1.60 on Saturday, but since then the token has been trading lower. But it’s still worth about $0.37.
Ethereum developers haveofferOne possible solution to this problem They are planning to build a new Testnet network called Holli, which will make it easier for developers to acquire Testnet Ether and reduce the need to go and buy it.
The post Testnet Ether Price on Goerli Soars to $1.60, Community Warns Because the token is supposed to be worthless appeared first on Bitcoin Addict.