Shanghai Upgrade Finalized on Ethereum Goerli Testnet

Shanghai Upgrade Finalized on Ethereum Goerli Testnet

The Shanghai upgrade was triggered on the Ethereum Goerli testnet at epoch 162304 on March 14th at 10:26pm UTC. Because of the low network participation at the time it was triggered, the upgrade was finalized 15 epochs later. Withdrawals of staked $ETH are being processed on Goerli.

According to CoinDesk, when the upgrade was triggered, the validator participation rate was as low as 29%. It was because several validator nodes hadn't upgraded on time. Ethereum core developer Tim Beiko said there were probably two reasons. First, given the testnet $ETH was worthless, there was less incentive to run a validator and monitor it. Second, there was a large amount of withdrawal credential changes processed right at the fork. Given this was the first time people could submit those changes, there were many more that needed to be processed, which could lead to missed blocks and attestations on low-resource nodes. But he expected that the condition on the mainnet will be better than on Goerli.

Goerli is the last testnet to test the Shanghai upgrade. Ethereum developers will have a meeting this Thursday to confirm a date for the mainnet upgrade.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Ethereum

Staking

In This Article

Related News
Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
Ethereum developers to end support for Holesky testnet in September Ethereum developers to end support for Holesky testnet in September
Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout
Bybit hackers move over half the stolen ETH onto Bitcoin, largely using ThorChain Bybit hackers move over half the stolen ETH onto Bitcoin, largely using ThorChain
Ethereum developers activate Pectra upgrade on Holesky testnet, finalization pending Ethereum developers activate Pectra upgrade on Holesky testnet, finalization pending
Latest News More More
2 Days Ago 0xbow unveils ‘Privacy Pools,’ a new blockchain privacy tool drawing from Vitalik Buterin’s research
March 27 MEXC Extends DEX+ Platform to Binance Smart Chain Users
March 25 Binance suspends employee for allegedly profiting off of insider information
March 25 BlackRock launches bitcoin ETP in Europe following US success
March 21 Pump.fun launches DEX called PumpSwap to instantly migrate graduated token
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open