2023-01-24 20:36:17

Ethereum devs prepare for the Shanghai upgrade with the launch of a

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Kitco NEWS
By Jordan Finneseth

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(Kitco News) - In preparation for the Ethereum Shanghai update scheduled to be implemented sometime in March, developers for the top smart contract platform have created a testing environment called a "shadow fork," according to Go-Ethereum developer Marius Van Der Wijden.

In a Twitter thread posted by Wijden on Monday, the developer noted that the name of the testnet is "Withdrawal-Mainnet-Shadow-Fork-1," and it is intended to be used to test the conditions needed for Ether staking withdrawals.

The main goal of the Shanghai update is to enable staking withdrawals, which have been disabled since the launch of the beacon chain in Dec. 2020.

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