Ethereum Gets Shapella Upgrade - Coinleaks
Current Date:September 21, 2024

Ethereum Gets Shapella Upgrade

On Ethereum ( ETH) Shanghai hard forkIn preparation for the testnet sepiain shapellaThe upgrade was successful.

Decentralized smart contracts platform Ethereum , attracts attention with updates and a few changes in the network structure. Finally, the popular project, which was restructured with The Merge, experienced noticeable changes in the token supply.

Beginning to return to the deflationary system Ethereumoffering solutions to scaling problems Shanghai He began to prepare for the upgrade. Finally Ethereumhas successfully implemented the “Shapella” upgrade, combining the names of the upcoming Shanghai and Capella hard forks.

Ethereum Ready for Shanghai Upgrade with Shapella

Ethereum ( ETH), after months of testing and temporary devnet launch, shapellanetwork upgrade in Sepoliaactivated it.

Decentralized smart contracts platformis undergoing various updates to make its network structure better. “The Merge”with PoW‘from to PoS The previous project now focuses on scaling issues. The developer team, which aims to make the network faster and cheaper, He started preparing for the Shanghai hard fork.

In this context Ethereum, On the Sepolia testnetWith its Shapella upgrade, validators Beacon ChainIt will allow them to interact more.

Shapella upgrade, validators’ staked Ether ( stETH), among other new functions from Beacon Chainwill allow them to pull it back to the execution layer.

The next target of the dev team will be the Goerli testnet, which has been at the center of the discussions recently. Team, Shanghaibefore upgrading in Goerlitrying to figure out how it works.