Covalent has shared promising updates on the progress of its Ethereum Wayback Machine (EWM) Light Client Testnet. Since its launch, the initiative has seen significant engagement and development:
Two version updates with multiple bug fixes
Over 300 active participants
2 million+ samples verified via Data Availability Sampling (DAS)
A waitlist of more than 5,000 participants on the waitlist
The EWM Light Client Testnet is designed to safeguard Ethereum's historical data, ensuring long-term accessibility without dependence on centralized entities. By enabling participants to secure Ethereum’s decentralized nature, this initiative is a critical step toward supporting Ethereum’s scaling efforts. BitMart officially announced the listing of Covalent X Token (CXT) on October 1st, 2024. More updates are expected in the near future.