Ethereum announces launch of first phase of testnet

Ethereum Optimism information shows that Ethereum has launched the first phase of the test network. The test network is currently open to the public, but smart contracts have not yet been deployed. The first phase only includes some features. The status of each phase of the test network is as follows:

Phase A: Deposits and withdrawals are not possible, tokens are airdropped into Layer2 Goerli, and participants can mint and burn sUSD to receive staking rewards.

Phase B: Deposits are allowed. Layer1 Goerli SNX tokens are airdropped to participants. Users who are depositing coins can now increase their SNX stake.

Security Exercise: Upgrade the OVM smart contract and add verification functions. Ethereum officials will actively implement fraud (probably to do relevant tests) and reward users who successfully submit fraud proofs.

Phase C: Withdrawals are allowed. Participants must successfully withdraw their tokens to receive testnet rewards on the mainnet.