Ethereum (ETH) developers verify release date for Shapella upgrade ETH $ETH HardFork Shanghai Blockchain
This upgrade follows the mid-September merge that ushered in the proof-of-stake transition and enables validators to withdraw. Users would be able to withdraw their stake ETH from the Beacon Chain back to the execution layer. It also introduces new functionality to both the execution and consensus layer. The Shapella upgrade combines changes to the execution layer , consensus layer and engine API.
The Zhejiang testnet, which went live at the start of February, could be used to test Shapella functionality before the Sepolia upgrade. It urges stakers and nonstakers who operate nodes to upgrade their nodes to the most recent Ethereum client versions to take advantage of the Sepolia upgrade.At the time of publication, Ethereum was down 1.66% at $1,647. On the upside, Ethereum could target the $1,800 mark next before continuing its journey toward the $2,000 range.
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