Ethereum Releases ‘Shadow Fork’ For The Much-Anticipated Shanghai Upgrade

Ethereum Releases ‘Shadow Fork’ For The Much-Anticipated Shanghai Upgrade
фото показано с : zycrypto.com

2023-1-24 00:16

The fork is a test environment for the upcoming Shanghai upgrade. Shanghai is expected to unlock the withdrawals of the staked ETH in the Beacon chain.

Blockchain developers successfully launched a ‘shadow fork’ for the upcoming Shanghai upgrade in the Ethereum blockchain. The shadow fork – a test model for the actual mainnet that lets developers check if the code for the proposed upgrade functions well on a real blockchain – happened Monday at 5:30 am ET.

Shanghai upgrade is expected to take place by March, and among the proposed amendments is to allow for the withdrawals of the staked coins, which happened during the proof of stake transition. Ethereum developers have also noted that more shadow forks will be released in the coming week in the run-up to the network upgrade.

Amidst the upgrade, technical problems were reported for some of the Ethereum’s nodes using Geth clients, according to developer Marius Van Der Wijden, who said that the network was working to have the clients synchronized with the rest of the network.

The Next Update, a Testnet, Is Expected Before the End of February

Also in the offing is a public testnet proposed by the developers to take place before the end of February. The test network is set to bring on board the staking firms to test the Shanghai upgrade. Ahead of the update, the blockchain developers have also noted that additional forks would copy the network’s data to the testing environment or the shadow fork.

The Ethereum community has been concerned about how soon they can access their staked assets. There have been delays in the past for such forks in Ethereum, including the most recent PoS merge. On-chain data shows that the number of staked Ether in the validator contract to be unstaked is 16,167,572.

In November, the team behind the Shanghai update introduced the Shandong testnet but later replaced it with an enhanced alternative. Ahead of last year’s big change to the Ethereum network, the Merge, the blockchain underwent several test forks before the final deployment.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3323.19 (+0.19%)
Объем 24H $24.779b
Изменеия 24h: -1.49 %, 7d: -14.73 %
Cегодня L: $3274.83 - H: $3393.89
Капитализация $400.296b Rank 2
Цена в час новости $ 1630.74 (103.78%)

ethereum blockchain upgrade shanghai shadow fork upcoming

ethereum blockchain → Результатов: 126


Ethereum ecosystem predictions: The Shanghai upgrade, scaling and a potential peak

Since its launch, Ethereum has become the second cryptocurrency in the world in terms of market capitalization and the most popular altcoin globally. Its good reputation is also because the blockchain is well-recognized for its innovative qualities, being a pioneer in the fields of decentralized applications and finance.

2023-5-9 17:35


Фото:

As Ether’s Ropsten Proof-of-Stake ‘Test Merge’ Goes Live, Uncertainty Looms Over Ethereum L2s

As the major upgrade of the Ethereum blockchain, Ethereum 2.0, is set to launch later this year, uncertainty looms over layer 2 solutions built on the Ethereum blockchain. Ethereum 2.0 is set to be a new version of the blockchain that will enthrone the proof-of-stake (PoS) mechanism of verifying transactions via staking. Ethereum 2.0 (Consensus […]

2022-6-10 19:53


Ethereum to AVAX Bridge – How To Transfer Coins From ETH To Avalanche Blockchain

Avalanche blockchain is another one of those Ethereum killers that aim to solve what the Ethereum network is struggling with — scalability, transaction fees, and interoperability. Avalanche is taking a different approach by using three separate chains and claims to be “the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality”.

2021-11-11 12:52


Ethereum Heads Towards 100K Transactions Per Second? Buterin Talks About Post-Merger Future

After the rollout of the Ethereum Proof-of-Stake blockchain, dubbed “Beacon Chain”, the network has been moving fast to integrate it with the Proof-of-Work blockchain. Vitalik Buterin, the inventor of Ethereum, recently gave a speech at the World Blockchain Conference talking about this process also known as “The Merge”.

2021-7-24 21:00


Polkadot vs. Polygon: Understanding Two Prominent Second Layer Ethereum Blockchain Solutions

The meteoric rise of decentralized finance across 2020 exposed numerous vulnerabilities with the Ethereum network. While the Ethereum blockchain is one of the most secure and ‘battle-hardened’ infrastructures, high gas costs and scalability issues have led some projects to innovate instead of waiting for the long-desired Ethereum 2.

2021-2-24 21:06


Фото:

Ethereum Fees Are Up 500% Since April: Why That’s Bearish for ETH

It’s been a strong few weeks for Ethereum adoption. Due to growth in the decentralized finance sector, the blockchain has seen a spike in users, active addresses, and transactions. Unfortunately, this influx of usage has not come without a cost: As per data from Glassnode, a blockchain analytics firm, the daily median gas price of an Ethereum transaction passed 50 Gwei.

2020-7-19 07:00


Исследование: непропатченные клиенты Ethereum несут угрозу атаки 51%

Клиенты Ethereum, не совершившие апгрейды для устранения известных уязвимостей, несут угрозу всей сети. Об этом говорится в новом исследовании базирующейся в Берлине Security Research Labs. Blockchain technology assumes that participants take rational actions.

2019-5-17 17:15