Ethereum successfully tested the Shanghai upgrade on the Goerli testnet

The final test of the Shanghai hard fork at the Goerli testnet went smoothly, promising to bring the ability to withdraw ETH staking to the Ethereum mainnet in mid-April.

Ethereum successfully tested the Shanghai upgrade on the Goerli testnet. Photo:

At dawn on March 15, Ethereum developers announced that they had successfully deployed the Shanghai hard fork to the Goerli tesnet, smoothly testing the ability to withdraw ETH staking. This opens up the possibility that Shanghai will be officially put on the Ethereum mainnet in mid-April.

Even so, the percentage of validators on Goerli participating in the test reached 29%, making the upgrade validation time longer than expected. Developer Ben Edgington commented that the reason validators rarely participate in testing is because they have not prepared nodes for the for round.

As reported by Kyptos, the Shanghai upgrade, also known as Shapella, is the next major Ethereum-wide hard fork following The Merge in September 2022. Shanghai will bring an important adjustment to the world’s second largest cryptocurrency network, which will unlock the amount of more than 17.5 million ETH locked in staking contracts.

Shanghai was previously successfully tested on the private testnet and the Sepolia testnet. At the beginning of March, the Ethereum development team expected the hard fork to unlock ETH staking to be available on the Ethereum mainnet in mid-April, but has not announced a specific timeline.

ETH price on the evening of March 14 rose to the highest level since The Merge thanks to the strong recovery of the cryptocurrency market after a series of bad news last week.

Synthetic Kyptos

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