On February 21st, 2023, LayerZero launched a bridge between mainnet ETH and Goerli testnet ETH. This means that developers can now exchange ETH on the Goerli network for mainnet ETH, and vice versa.
Why is there a need for a bridge between mainnet ETH and Goerli ETH?
We know that anyone who has developed on Goerli has encountered the same problem: it's difficult to obtain a certain amount of Goerli-ETH.
The mainnet ETH and Goerli ETH bridge was developed by LayerZero, stemming from a large-scale test they conducted on the Goerli testnet.
At that time, LayerZero had been trying to claim enough ETH on the Goerli faucet for several days without success, and ultimately had to buy a sufficient amount of Goerli ETH through OTC on Twitter.
Therefore, LayerZero launched the mainnet ETH and Goerli ETH bridge, and created an open ETH/GOERLI-ETH real-time pricing market.
The initial price for Goerli-ETH was set at $0.10, with a seed in the pool of 12,500 Goerli-ETH. These pools are open and hosted on Uniswap on Ethereum and Goerli. The community is welcome to join as liquidity providers and actively trade to achieve true price discovery and balance. These two pools are listed as: Goerli:
· ETH/mETH ("Mainnet ETH")
· Ethereum: ETH/gETH ("Goerli ETH")
How to exchange from mainnet ETH to Goerli-ETH?
The ETH to Goerli-ETH bridge enables seamless asset transfer between the Ethereum mainnet and the GOERLI testnet. Users can easily exchange mainnet ETH for Goerli ETH and bridge them securely with LayerZero.
The execution steps are as follows:
1. Exchange ETH/gETH on mainnet Ethereum.
2. Bridge gETH from mainnet Ethereum to Goerli testnet.
3. Unpack gETH to ETH on Goerli testnet.
Similarly, users who have the demand can directly transfer mainnet ETH to Goerli mETH or transfer Goerli-ETH to mainnet gETH, and can directly provide liquidity and trade via Uniswap UI or through a merge method on https://testnetbridge.com.
Discover the key details of Starknet's upcoming stress test on the Goerli testnet, scheduled for January 30th. Learn about the potential impact on transaction times and networks unaffected by the test, ensuring you're fully prepared
MiyukiCoinlive The ability to withdraw staked Ethereum may soon be here, as Shapella (Shanghai + Capella) unstaking upgrade goes live on the Goerli testnet.
CryptoSlateAave Companies, the firm behind the eponymously-named lending and borrowing protocol, are launching its native stablecoin GHO on the Ethereum Goerli testnet.
decryptWith the Goerli merge going successfully, there is growing confidence that there will be no further delays to the Ethereum Merger set for mid-September.
CointelegraphThe Goerli merger requires node operators to update both their consensus layer and execution layer clients in tandem, rather than just one of the two.
CointelegraphThe difficulty bomb has been successfully delayed according to core dev Tim Beiko and Ethereum ecosystem developer Nethermind.
CointelegraphThe Sepolia testnet is the next testnet after Ropsten for a merged trial run, as its beacon chain is now live and ready to provide developers with valuable information to get to the real thing.
CointelegraphOn a historic day in the history of Ethereum, the network’s oldest testnet Ropsten was able to complete “The Merge”. ...
BitcoinistThe long-awaited Ethereum Merge is much closer than anticipated. The Ropsten testnet will implement its unique Merge to offer app ...
Bitcoinist