April 21, 2024

Ethereum Developers Successfully Perform Shanghai Hard Fork on Sepolia Testnet

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Ethereum Developers Successfully Perform Shanghai Hard Fork on Sepolia Testnet

In the Sepolia testnet, the Shanghai and Capella hard forks were successfully activated.The upgrade of the main network of the second cryptocurrency should take place in March.

Shanghai updates the execution level on the client side, and Capella contributesThe main change after the updates will bethe ability to unstake ethers, and validators will only be able to withdraw staking rewards.To stake, a validator needs to lock 32 ETH.

"Sepolia's testnet has been successfully upgraded to Shanghai and Capella.Some validators remain offline due to the old version of the geth client, but they will be back online soon.Next, the Goerli testnet will be updated," the Ethereum developers wrote.

Previously, analysts at the investment bank JPMorganCryptocurrency exchange Coinbase will significantly increase its profits by adding ETH holders to its staking program following the Shanghai upgrade to the Ethereum mainnet.