{"id":16784,"date":"2023-01-23T18:00:38","date_gmt":"2023-01-23T18:00:38","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ethereum-developers-deploy-shadow-fork-of-shanghai-upgrade\/"},"modified":"2023-01-23T18:00:38","modified_gmt":"2023-01-23T18:00:38","slug":"ethereum-developers-deploy-shadow-fork-of-shanghai-upgrade","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ethereum-developers-deploy-shadow-fork-of-shanghai-upgrade\/","title":{"rendered":"Ethereum developers deploy &#8216;shadow fork&#8217; of Shanghai upgrade"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1674495037003-cd10f06e-3a8d-4cea-bdf0-3d256a361e98-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1674495037003-cd10f06e-3a8d-4cea-bdf0-3d256a361e98-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1674495037003-cd10f06e-3a8d-4cea-bdf0-3d256a361e98-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1674495037003-cd10f06e-3a8d-4cea-bdf0-3d256a361e98-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><\/picture><\/div>\n<ul>\n<li dir=\"ltr\"><em><strong>Developers will follow up with more shadow forks ahead of the Shanghai upgrade.<\/strong><\/em><\/li>\n<li dir=\"ltr\"><em><strong>The Shanghai upgrade will allow for withdrawal of staked ETH<\/strong><\/em><\/li>\n<li dir=\"ltr\"><strong><em>Over 16 million ETH have been locked since Ethereum began the transition from proof of work to proof of stake chain.<\/em><\/strong><\/li>\n<\/ul>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/ethereum\/\">Ethereum<\/a> developers have managed to deploy the first \u201cshadow fork\u201d of the upcoming network upgrade Shanghai.<\/p>\n<p dir=\"ltr\">According to an <a href=\"https:\/\/twitter.com\/vdWijden\/status\/1617530244302532615\" rel=\"noopener noreferrer\" target=\"_blank\">update<\/a> from one of the developers, the shadow fork for the highly anticipated upgrade executed at around 5:40 am ET on Monday 23 January 2023. As a copy of Ethereum\u2019s mainnet, the fork is a feature that offers an environment in which developers can test code before it deploys on the public blockchain.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Withdrawal-Mainnet-Shadow-Fork-1 is finalizing \ud83d\ude80\ud83d\ude80\ud83d\ude80<\/p>\n<p>It started out with a few issues because the config wasn&#8217;t correctly applied on geth (we disallow overriding the mainnet config). The config is applied correctly and all nodes are in agreement. We will start some evil nodes,.<\/p>\n<p>\u2014 MariusVanDerWijden (@vdWijden) <a href=\"https:\/\/twitter.com\/vdWijden\/status\/1617530244302532615?ref_src=twsrc%5Etfw\">January 23, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">While commenting on the fork this morning, Ethereum Foundation developer Marius Van Der Wijden noted there had been some minor technical glitches with nodes using Geth clients.\u00a0<\/p>\n<p dir=\"ltr\">However, the software developer highlighted that developers managed to fix the hitches, with all nodes being in agreement at the time of his update.<\/p>\n<p dir=\"ltr\">According to him, the next step now involves testing with \u201cevil nodes\u201d on both the execution and consensus layers. Evil nodes are those designed to spam invalid blocks as they attempt to trick other nodes into joining the bad chain, Van Der Wijden explained.<\/p>\n<h2 dir=\"ltr\">Ethereum\u2019s Shanghai upgrade to unlock staked ETH<\/h2>\n<p dir=\"ltr\">As highly anticipated, the Shanghai upgrade will enable withdrawals of staked Ether (ETH) tokens, which remain locked following Ethereum\u2019s \u201cMerge\u201d in September last year. Ethereum\u2019s Beacon Chain went live in December 2020 and investors have deposited millions of ETH since.<\/p>\n<p dir=\"ltr\">According to on-chain data from Glassnode, more than 16.16 million ETH is currently staked, accounting for just over 13% of the total supply of Ether.\u00a0<\/p>\n<p dir=\"ltr\">The data also <a href=\"https:\/\/twitter.com\/glassnode\/status\/1617294398613749761\" rel=\"noopener noreferrer\" target=\"_blank\">shows<\/a> that more than 11.4 million of the staked ETH was deposited via staking services, including Lido, Coinbase, and Kraken.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">A total of 16.101M <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> is staked on the <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\">#Ethereum<\/a> Proof-of-Stake beacon chain (13.4% of circulating).<\/p>\n<p>Of this, 11.408M <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> is via staking service providers, representing 70.86% of the total:<\/p>\n<p>Staking Service Dominance<br \/>\u2013 Lido: 29.3%<br \/>\u2013 Coinbase 12.8%<br \/>\u2013 Kraken 7.6%<br \/>\u2013 Binance 6.3% <a href=\"https:\/\/t.co\/5KAymd56tg\">pic.twitter.com\/5KAymd56tg<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a href=\"https:\/\/twitter.com\/glassnode\/status\/1617294398613749761?ref_src=twsrc%5Etfw\">January 22, 2023<\/a><\/p>\n<\/blockquote>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/ethereum-launches-first-shadow-fork-for-the-shanghai-upgrade\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Developers will follow up with more shadow forks ahead of the Shanghai upgrade. The Shanghai upgrade will allow for withdrawal of staked ETH Over 16 million ETH have been locked since Ethereum began the transition from proof of work to proof of stake [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":16785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/16784"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=16784"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/16784\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/16785"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=16784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=16784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=16784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}