Ethereum Staking Withdrawal Testnet for Shanghai Upgrade Goes Live Tomorrow
Ethereum staking testnet Zhejiang is going live tomorrow and will give users the first preview of what the withdrawal process and functionality will be like after the Shanghai upgrade.
Latest Ethereum ‘Shadow Fork’ Brings Blockchain’s Shanghai Upgrade Closer to Reality
Ethereum developers said they successfully created a copy of the blockchain – known as a “shadow fork” – to provide a testing environment ahead of a crucial upgrade known as the Shanghai hard fork.
What Is the Ethereum Shanghai Upgrade, and How Will It Affect Me?
For Ethereum stakers, the Shanghai update is a well-awaited change to Ethereum's Proof of Stake consensus mechanism. Aside from its effects on staking, it's also likely to have some ramifications on market demand for ETH.
Myth Buster: Ethereum Shanghai Hard Fork Won’t Create Major Selling Pressure
With the “Merge”, the Ethereum blockchain successfully mastered the biggest upgrade in its history on September 15 last year. Even before the switch to Proof of Stake (PoS), investors were able to stake ETH to receive rewards.
Shanghai Upgrade Sparks Anticipation in the Liquid
The Shanghai upgrade for Ethereum, set to launch in March, is causing excitement in the crypto community for its potential impact on liquid staking derivatives (LSDs).
Ethereum Shanghai Testnet May Launch As Early as February to Enable Validator Staking Withdrawal
Ethereum developers plan to release a public test network for the Shanghai upgrade, which will include code allowing withdrawals of ether staked in the Beacon Chain since December 2020, by the end of February.
Ethereum’s Shanghai Upgrade Could Supercharge Liquid Staking Derivatives — Here’s How
The crypto market witnessed the DeFi summer of 2020, where decentralized finance applications like Compound and Uniswap turned Ether (ETH) and Bitcoin (BTC) into yield-bearing assets via yield farming and liquidity mining rewards. The price of Ether nearly doubled to $490 as the total liquidity across DeFi protocols quickly surged to $10 billion.
Shanghai Upgrade To Include Ethereum Unstaking
Ethereum developers said the upcoming Shanghai upgrade, slated for March, would add functionality to withdraw staked ETH, according to Bloomberg News.
Ethereum Gains 4.5% in Weekly Timescale As Shanghai Upgrade Nears
Ethereum, the king altcoin, has been generating a lot of buzz lately. According to CoinGecko, the coin appreciated by 4.5% in the weekly timescale.
