- Next month’s Shanghai upgrade will be mainly focused on ETH withdrawals.
- The developer plans to launch a public test network for the Shanghai upgrade at the end of Feb.
fromannounceThe Ethereum network’s Core Developers Call reveals that this Shanghai upgrade of the Ethereum network will primarily focus on Ethereum withdrawals.
Shanghai is an upgrade that will allow network auditors to withdraw staking rewards, which is currently not possible on the Ethereum network. Users will have access to the coins they have staked on the network. It is expected that the mainnet upgrade will be released again in March.
With The Merge upgrade, the ETH network has switched to a PoS-based algorithm, which was changed in September 2022, allowing users to run nodes as transaction verifiers. On the ETH network by staking ETH coins, users will not be able to withdraw their coins yet.
ETH developers have agreed not to add the Ethereum Virtual Machine Object Format (EOF) feature ETH-related EVM due to concerns that it might delay Shanghai upgrades and will focus on it. where the addition of the ETH withdrawal feature is mainly
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