While it is reported that Shanghai, the first update of Ethereum (ETH) after Merge, is largely ready, a developer announced on the official website that the information that staked ETHs will be unlocked with the Shanghai update is not correct.
In a statement to CryptoSlate Shanghai The developer who made statements about the update and staked ETHs Micah Zoltu on investors anxiety created. Staking on the Ethereum network December 2020Started on and staked since then $20.9 billion reached until. Ethereum.org ETH staked according to the information presented on Shanghai to update It would remain locked until after that update and would be accessible after the update. However, according to the Ethereum developer’s statement, it was understood that things would not progress that way at all.
Developer ZoltuAccording to the statements of , the Shanghai update on the Ethereum official website will be updated after Merge. within 6 or 12 months It was written that it would be released, but these dates are silently removed from site. The release of locked ETHs, which is a great expectation for the Shanghai update, will not happen on these dates.
However, although the developers have not set clear goals for Shanghai, “probablyThey will include innovations aimed at reducing transaction fees. The latest statements from the developer seem to have dragged the Ethereum investor into a quiet darkness and still do not give any clear information about when the locked ETHs will be opened.
Despite all this negative news, another Ethereum developer Alex Stokes one he shared yesterday. in the shipment Shanghai of the update largely ready stated that. According to information provided by Stokes EIP-4895 algorithm already for Shanghai compatible chain updated.
While the shocking claims of one side about the Shanghai update remain fresh, the other side’s efforts to introduce innovations on withdrawal types by sharing positive news for Shanghai as if everything is fine continues to cloud the minds of investors.