Tomiwabold Olajide is a Nigerian politician.
Shapella network upgrade is now scheduled for implementation.
According to an Ethereum Foundation blog post, the Shanghai/Capella or Shapella network upgrade is now scheduled for deployment on the Sepolia testnet after months of testing and an ephemeral devnet launch.
The Shapella upgrade will go live on the Sepolia network at epoch 56832, which is scheduled for February 28, 2023, at 4:04:48 a.m. UTC.
The Shanghai upgrade will go live on the ETH testnet Sepolia network at epoch 56832 on February 28 at 4:04:48 AM UTC. Following the Merge, this upgrade allows validators to withdraw their stake from the Beacon Chain and return it to the execution layer. https://t.co/8NGPw8nkV8
February 22, 2023 — Wu Blockchain (@WuBlockchain)
This upgrade comes on the heels of the mid-September merge, which ushered in the proof-of-stake transition and allowed validators to withdraw. Users would be able to withdraw their ETH stakes from the Beacon Chain and return to the execution layer. It also adds new features to the execution and consensus layers. Changes to the execution layer (Shanghai), consensus layer (Capella), and engine API are included in the Shapella upgrade.
Before the Sepolia upgrade, Shapella functionality could be tested on the Zhejiang testnet, which went live at the beginning of February. It encourages stakers and nonstakers who run nodes to upgrade to the most recent Ethereum client versions in order to benefit from the Sepolia upgrade.
The price of Ethereum
Ethereum was down 1.66% at $1,647 at the time of publication. On the plus side, Ethereum could next aim for $1,800 before continuing its climb toward the $2,000 mark. Bears could mount a defense worth between $2,000 and $2,200.
If declines continue ahead of the $1,350 mark, a strong support is expected near the $1,460 mark.
