Sunday, February 5, 2023

Ethereum Shanghai: Mainnet Shadow Fork Now Deployed

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Ethereum blockchain is set to get the functionality of letting stakers withdraw their tokens with its upcoming Shanghai update. The shadow mainnet for this upgrade has been successfully deployed, developers working on it confirmed on January 23. This shadow fork will be used to test if the upgraded blockchain is capable of allowing the withdrawal of ETH, staked on the network. The upgrade is slated to go live in full force around March this year.

Before making the upgrade live, developers need to be sure that it is free from any bugs or glitches that could affect its operations upon final deployment and that is where this shadow fork will come-in handy.

Ethereum developer who goes by the Twitter handle of @vdWijden, confirmed the development while also revealing that the shadow fork did encounter some technical snags.

Last year, the Ethereum blockchain transitioned from its proof-of-work (PoW) mining model to the energy-efficient proof-of-stake (PoS) model. The name of this revamped network is Merge.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: Gadgets360

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