Before to the Shapella upgrade, Ethereum engineers have finished testing the network one more time.
A Soon-To-Be-Set Launch Date For Shapella
The final dress rehearsal for the impending Shanghai/Capella upgrade, also known as the Shapella upgrade, was performed by Ethereum developers on Tuesday, March 14. The community anticipates the Shapella upgrade to happen in the first part of April, however, a precise date has not yet been determined. On Thursday during their bimonthly call, the Ethereum developers will decide on the date. During the most recent call, the devs discussed delaying their original March timeline to early April.
Low Goerli Testnet Participation
The dress rehearsal on Tuesday prompted staked ether (ETH) withdrawals and was conducted on the Goerli testnet. The final and last phase would be the launch of ETH betting on the mainnet.
Although the testnet update was initiated at epoch 162304 at 10.26 UTC, just 26% of validators participated. As a result, the epoch hasn’t been set in stone yet. This should have been completed at 10.38 UTC.
According to Ben Edgington, a product lead at Teku, an Ethereum client, this low participation percentage was probably brought on by validator nodes not having updated in time for the Goerli fork.
Staked ETH Will Be Unlocked
The future upgrade will complete the switchover of the Ethereum network to a proof-of-stake method. Validators can withdraw their staked ether as soon as the upgrade is operational on the mainnet.
Since December 2020, when Ethereum’s PoS Beacon Chain went online, the money has been locked up on the blockchain. In addition, those that validate blocks on the blockchain will be able to withdraw the incentives they have earned.
Finished the most significant testnet
Before implementing upgrades and changes on the mainnet, developers test various upgrades and changes on these testing networks, or testnets. Before making the code live on the mainnet, it gives the developers the chance to test it for faults or make any necessary code adjustments.
The majority of these testnets successfully resemble the mainnet to some extent. Since the Goerli testnet has the largest validator set of all the simulators and most closely resembles the blockchain activity on the mainnet, it is seen as being very helpful and eagerly awaited. The Goerli testnet was also the final chance for staking providers to verify that the staked ETH withdrawals were being handled correctly.
In addition to Goerli, Zheijhang, and Sepolia testnets have also been conducted through the Shanghai upgrade simulation.