Features News TheBitTimes.com

Members of the Ethereum community responded to the latest upgrades that happened on the Ethereum mainnet. The much-awaited Shapella update on Ethereum has gone live, paving the way for new Features such as the un Staking of Ether (ETH). Members of the community celebrated with various responses to the newest update in the Ethereum ecosystem.  Shapella is a term used by the community that blends together “Shanghai” and “Capella,” the upgrades that happened simultaneously. The hard fork is an important milestone on Ethereum's roadmap, leaving a lot of community members excited for the network’s future. Many members of the community offered their congratulations to the developers of the network. Ethereum Foundation researcher Danny Ryan said that while proof-of-stake (PoS) took a bit of time, the loop was finally complete. At the Shapella watch party hosted by the Ethereum Foundation team, Ethereum co-founder Vitalik Buterin said that the network is now in a “really good place.” ...

After much anticipation, the Ethereum network has made the switch from proof-of-work mining to proof-of-stake mining. The transition was completed successfully on September 15, 2022. The Shanghai testnet, which was supposed to go live by the end of February, was one of the most eagerly anticipated Ethereum releases. The Ethereum development team has been working nonstop to launch additional testnets in the coming days. Also read: Scam ChatGPT Tokens Hit the Crypto Market — What You Need To Know The Ethereum Foundation has released the final scheduled date for the Shapella network upgrade, moving a step closer to withdrawals.  Source: TheStreet Ethereum’s Shapella upgrade to go live on February 28, 2023 According to the details from the announcement, the Shapella upgrade ( Shanghai / Capella ) will go live on the Sepolia network on February 28, 2023, at 4:04:48 AM UTC. The developer s have mentioned that the much-awaited upgrade is scheduled after months...