Ethereum Developers Announced: Official Date Now for Shanghai Update

Ethereum (ETH) developers have announced that the highly anticipated Shanghai update will become active on the mainnet on April 12, if there are no technical glitches.

By Ethereum developers Thursday, March 16 at a meeting held on Shanghai of the update the date it will become active on the mainnet determined. Developers for this update 12 April He stated that they are planning the date. During such critical updates temporal deviations Although it could happen, the Ethereum team did not delay any of its recent upgrades and successfully completed it on the predetermined date.

With Shanghai update Proof of Stake (PoS) Ether staked for the mechanism is planned to be withdrawn by users. These locked Ethers Transfer is not allowed at this time.

All three testnets for the Shanghai update have been completed without any problems, and Ether withdrawals have been tested many times by both the validators and the team in the process.

Staking on the Ethereum network December 2020started in , and the amount staked since then is approximately 30 billion dollars reached. According to the information presented on Ethereum.org, the amount of Ether staked at the time of writing 17 million 598 thousand displayed as. According to the data, locked assets on Ethereum are currently roughly equivalent to the total supply of Ethereum. 13%makes up.

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