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…Everything You Need to Know About Ethereum’s Shanghai Upgrade The Ethereum Shanghai Upgrade is coming and will allow validators to withdraw staked ETH from the Beacon Chain. Here’s what else will happen. Everything You Need to Know About Ethereum’s Shanghai UpgradeLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYEthereum27 Feb 2023|INTERMEDIATE|4 MIN READEverything You Need to Know About Ethereum’s Shanghai UpgradeThe Ethereum Shanghai Upgrade is coming and will allow v…
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…Everything You Need to Know About Ethereum’s Shanghai Upgrade The Ethereum Shanghai Upgrade is coming and will allow validators to withdraw staked ETH from the Beacon Chain. Here’s what else will happen. Everything You Need to Know About Ethereum’s Shanghai UpgradeLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYEthereum27 Feb 2023|INTERMEDIATE|4 MIN READEverything You Need to Know About Ethereum’s Shanghai UpgradeThe Ethereum Shanghai Upgrade is coming and will allow v…
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Ethereum’s Prague/Electra Upgrade: What to Know About ‘Pectra’ The Prague/Electra upgrade, ‘Pectra’ for short, is slated for May 2025 and set to be a transformative milestone for Ethereum. Here’s what to expect. Ethereum’s Prague/Electra Upgrade: What to Know About ‘Pectra’Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYEthereum1 May 2025|BEGINNERS|6 MIN READEthereum’s Prague/Electra Upgrade: What to Know About ‘Pectra’The Prague/Electra upgrade, ‘Pec…
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…The Merge is one milestone on Ethereum’s multi-year roadmap to improve scalability, security, and efficiency. The Shanghai Upgrade: Unlocking Staked ETH The Shanghai hard fork, launched in April 2023, marked Ethereum’s first major update after ‘The Merge’. Its most notable feature was EIP-4895, which enabled validators to withdraw staked ETH from the Beacon Chain, which had been locked since staking began in 2020. This upgrade gave validators the flexibility to exit the network or access…
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…The Merge is one milestone on Ethereum’s multi-year roadmap to improve scalability, security, and efficiency. The Shanghai Upgrade: Unlocking Staked ETH The Shanghai hard fork, launched in April 2023, marked Ethereum’s first major update after ‘The Merge’. Its most notable feature was EIP-4895, which enabled validators to withdraw staked ETH from the Beacon Chain, which had been locked since staking began in 2020. This upgrade gave validators the flexibility to exit the network or access…
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…All nodes and miners have to upgrade to the latest version of the protocol if they want to be on the new forked chain. Examples of a Hard Fork Ethereum Shapella The Ethereum Shapella hard fork went live in April 2023 as part of the Shanghai Upgrade. One of its functions is to finally allow validators to unstake ETH from the Beacon Chain. Read all about the Shanghai Upgrade. Planned vs controversial forks Depending on the situation, hard forks can either be planned or controversial. For planne…
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…All nodes and miners have to upgrade to the latest version of the protocol if they want to be on the new forked chain. Examples of a Hard Fork Ethereum Shapella The Ethereum Shapella hard fork went live in April 2023 as part of the Shanghai Upgrade. One of its functions is to finally allow validators to unstake ETH from the Beacon Chain. Read all about the Shanghai Upgrade. Planned vs controversial forks Depending on the situation, hard forks can either be planned or controversial. For planne…
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…Demand for ETH staking has skyrocketed since the Shanghai Upgrade, so candidates should expect longer wait times. During the activation queue, validators are unable to attest to and propose blocks, and they do not earn any rewards since they’re not yet active. Validators in the activation queue also are unable to request an exit from the network and perform a full voluntary withdrawal. A long activation queue shows an increase in staking demand; in contrast, a shorter wait time for the f…
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…Demand for ETH staking has skyrocketed since the Shanghai Upgrade, so candidates should expect longer wait times. During the activation queue, validators are unable to attest to and propose blocks, and they do not earn any rewards since they’re not yet active. Validators in the activation queue also are unable to request an exit from the network and perform a full voluntary withdrawal. A long activation queue shows an increase in staking demand; in contrast, a shorter wait time for the f…
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…Ethereum, for example, has Layer-2 scaling solutions that aim to overcome its scalability issues, along with changing its consensus mechanism during its Shanghai Upgrade.Some consider the blockchain trilemma as something that can never be solved, with one benefit always sacrificed for the other two. However, there are also ambitious developers creating new projects that aim to find the perfect balance and solve the trilemma. Key TakeawayThe blockchain trilemma refers to a common problem that al…
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