Planned Shanghai upgrade trial
The crypto asset (virtual currency) Ethereum core developer group held a regular meeting on the 2nd. We discussed the schedule for testing the next upgrade “Shanghai”.
If all the launches on multiple testnets are successful, there is also a view that the Shanghai upgrade on the mainnet will be possible by mid-March at the earliest.
Shanghai is the first Ethereum upgrade after the merge. The biggest interest for investors is that 16.2 million ETH (equivalent to approximately 3.18 trillion yen) and staking rewards can be withdrawn for the first time.
The September 2022 “Merge” upgrade completely transitioned Ethereum’s consensus algorithm from “Proof of Work (PoW)” to “Proof of Stake (PoS).” With the transition, the mining reward (13,000 ETH/day) that had been generated before became 0 (zero), and the amount of new ETH issued per day was only the staking reward (1,789 ETH at the time of writing).
There is a view that the implementation of the staking ETH withdrawal function will cause a certain amount of selling pressure in the short term, but there is also a positive aspect that liquidity will improve as funds are no longer restricted within the ecosystem. , is also expected to stimulate new ETH staking demand in the medium and long term.
Relation: Ethereum cryptocurrency sees net drop in supply in January
Zhejiang Testnet Publishing
We wrapped up another @ethereum #ACDE today! Covered the steps to Shapella testnets, lots of 4844 specs discussion, and the path to SSZing the EL.
Agenda: https://t.co/DK8F3qyRfT Stream: https://t.co/gJE5DKkYfN
Recap below
License.
