Ethereum (ETH) developers plan to roll out the first public testnet of the Shanghai update by the end of February, where locked assets will become available.
Ethereum developers until the end of February Shanghai announced that they plan to release a public testnet for the update. In a recent announcement by the team, the planned Shanghai update of the Ethereum network will only focus on Ether withdrawals expressed. Galaxy research assistant in the interview Christine Whoupdate according to to reach March They aim to release a public testnet of Shanghai by the end of February.
With Shanghai update Proof of Stake ETH staked for the (PoS) mechanism is planned to be withdrawn by users. As it is known, the locked ETHs are not allowed to be transferred for now.
Staking on the Ethereum network December 2020started in , and the amount staked since then is approximately 20 billion dollars reached. According to the information presented on Ethereum.org, the amount of ETH staked at the time of writing 15 million 880 thousand displayed as. According to the data, the locked assets on Ethereum are currently approximate total Ethereum supply 12% of forming.
According to some analysts, unlocking this high amount of assets is a serious problem. sales pressure interpreted as potential. On the other hand, considering that most of the users who lock Ether into the contract are at a loss from the current price of Ethereum, the selling pressure may not be as serious as expected.
