{"id":17952,"date":"2023-02-22T14:41:29","date_gmt":"2023-02-22T14:41:29","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ethereums-shanghai-capella-network-upgrade-is-slated-for-feb-28\/"},"modified":"2023-02-22T14:41:29","modified_gmt":"2023-02-22T14:41:29","slug":"ethereums-shanghai-capella-network-upgrade-is-slated-for-feb-28","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ethereums-shanghai-capella-network-upgrade-is-slated-for-feb-28\/","title":{"rendered":"Ethereum&#8217;s Shanghai\/Capella network upgrade is slated for Feb. 28"},"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\/1677072302696-90dc9bd1-b33d-43b7-b986-1fafbdfb9f79-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1677072302696-90dc9bd1-b33d-43b7-b986-1fafbdfb9f79-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1677072302696-90dc9bd1-b33d-43b7-b986-1fafbdfb9f79-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1677072302696-90dc9bd1-b33d-43b7-b986-1fafbdfb9f79-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Ethereum plans to deploy the Shanghai\/Capella upgrade on Sepolia testnet<\/li>\n<li>The update is scheduled to test staked ETH withdrawals.<\/li>\n<li>The Shanghai-Capella was earlier tested on the Zhejiang testnet but developers discovered minor bugs.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/coinjournal.net\/ethereum\/what-is-ethereum\/\">Ethereum\u00a0<\/a>developers have announced that they have scheduled a test run of the Shanghai\/Capella (Shapella) upgrade for February 28. The test run is planned to go live on Sepolia testnet to test staked ETH withdrawals on Ethereum\u2019s proof-of-stake blockchain.<\/p>\n<p>The test on Sepolia will bring the Ethereum chain closer to the ability to withdraw the staked ETH tokens from the Beacon Chain. According to the <a href=\"https:\/\/blog.ethereum.org\/2023\/02\/21\/sepolia-shapella-announcement\">communication from Ethereum<\/a>, <em>\u201cThe Shapella upgrade combines changes to the execution layer (Shanghai), consensus layer (Capella) and the Engine API.\u201d<\/em><\/p>\n<h2>Shanghai upgrade<\/h2>\n<p>The upgrades on Shanghai will introduce Warm COINBASE, PUSH0 instruction, Limit and meter initcode, Beacon chain push withdrawals as operations, and Deprecate SELFDESTRUCT.<\/p>\n<p>The changes can be viewed in the new Python reference implementation for the execution layer, Ethereum Execution Layer Specification (EELS).<\/p>\n<h2>Capella upgrade<\/h2>\n<p>The Capella upgrades will introduce full and partial withdrawals for validators, BLSToExecutionChange messages, which allow validators using a BLS_WITHDRAWAL_PREFIX to update it to an ETH1_ADDRESS_WITHDRAWAL_PREFIX, a prerequisite for withdrawals, and independent state and block historical accumulators to replace the original singular historical roots.<\/p>\n<h2>Unlocking the over 16 million staked ETH<\/h2>\n<p>Ethereum validators are eagerly waiting for the unlocking of the more than 16 million ETH tokens that are currently staked on the Beacon Chain smart contract which opened in 2020.<\/p>\n<p>While the validators await their assets to be unlocked, the majority of the other crypto investors are waiting to see how the <a href=\"https:\/\/coinjournal.net\/ethereum\/\">Ethereum price\u00a0<\/a>will respond to the whole process. A wider majority believe that the staked ETH withdrawals may attract more institutional interest and also trigger an ETH price surge.<\/p>\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><a href=\"https:\/\/coinjournal.net\/news\/ethereums-shanghai-capella-network-upgrade-is-slated-for-feb-28\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Ethereum plans to deploy the Shanghai\/Capella upgrade on Sepolia testnet The update is scheduled to test staked ETH withdrawals. The Shanghai-Capella was earlier tested on the Zhejiang testnet but developers discovered minor bugs. Ethereum\u00a0developers have announced that they have scheduled a test run [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":17953,"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\/17952"}],"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\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=17952"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/17952\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/17953"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=17952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=17952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=17952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}