fbpx
  • About Us
  • Contact
  • Sponsored Content
  • Price Tracker
  • Write for Us
  • Terms and Conditions
Coin Culture
  • Markets
  • Policy
  • Tech
  • People
  • Business
  • 101 Guide
    • Bitcoin Guide
    • Blockchain Guide
    • Ethereum Guide
    • DeFi Guide
    • Trading Guide
    • ICO guide
    • Bitcoin Cash Guide
    • Ripple Guide
    • NFT
    • Dogecoin guide
  • Hot topics
    • NFT
    • Metaverse
    • Games
    • Forecast
  • Exchanges
    • Crypto Exchange Reviews
      • CoinSpot Review
      • Crypto.com Review
      • Crypto.com Review
      • Swyftx Review
    • Exchange Comparisons
      • CoinSpot vs Swyftx
      • CoinSpot vs Digital Surge
      • CoinSpot vs Coinbase
      • Coinspot vs Binance
      • CoinSpot vs Kraken
      • CoinSpot vs Independent Reserve
      • CoinSpot vs Bitfinex
      • Coinspot vs Plus500
      • CoinSpot vs Bittrex
      • CoinSpot vs BTC Markets
      • CoinSpot Vs Etoro
      • CoinSpot vs Cointree
      • CoinSpot vs KuCoin
      • Crypto.com Vs Coinbase
      • Crypto.com vs Binance
      • Swyftx vs. Independent Reserve
      • Swyftx vs. CoinJar
      • KuCoin vs. Coinbase
No Result
View All Result
SUBSCRIBE
Coin Culture
  • Markets
  • Policy
  • Tech
  • People
  • Business
  • 101 Guide
    • Bitcoin Guide
    • Blockchain Guide
    • Ethereum Guide
    • DeFi Guide
    • Trading Guide
    • ICO guide
    • Bitcoin Cash Guide
    • Ripple Guide
    • NFT
    • Dogecoin guide
  • Hot topics
    • NFT
    • Metaverse
    • Games
    • Forecast
  • Exchanges
    • Crypto Exchange Reviews
      • CoinSpot Review
      • Crypto.com Review
      • Crypto.com Review
      • Swyftx Review
    • Exchange Comparisons
      • CoinSpot vs Swyftx
      • CoinSpot vs Digital Surge
      • CoinSpot vs Coinbase
      • Coinspot vs Binance
      • CoinSpot vs Kraken
      • CoinSpot vs Independent Reserve
      • CoinSpot vs Bitfinex
      • Coinspot vs Plus500
      • CoinSpot vs Bittrex
      • CoinSpot vs BTC Markets
      • CoinSpot Vs Etoro
      • CoinSpot vs Cointree
      • CoinSpot vs KuCoin
      • Crypto.com Vs Coinbase
      • Crypto.com vs Binance
      • Swyftx vs. Independent Reserve
      • Swyftx vs. CoinJar
      • KuCoin vs. Coinbase
No Result
View All Result
Coin Culture Logo
No Result
View All Result

Home » Goerli Shapella Upgrade Faced With Staked ETH Withdrawal Issues

Goerli Shapella Upgrade Faced With Staked ETH Withdrawal Issues

John Hobbs by John Hobbs
March 16, 2023
in Tech
Goerli Shapella Upgrade Faced With Staked ETH Withdrawal Issues
Share on FacebookShare on Twitter

Ethereum’s upcoming Shanghai upgrade, also known as “Shapella,” recently underwent its final dress rehearsal on the Goerli test network (testnet) to simulate staked ether (ETH) withdrawals. This brings the upgrade closer to its final step of being activated live on the mainnet blockchain sometime next month. 

You might also like

Ethereum Layer 2 Base Integrates Chainlink For Off-Chain Price Data

Polygon Rolls Out Zero-Knowledge Web3 Identification Service

Solana Validators to Restart Again Amid Ongoing Transaction Freeze

Although the upgrade was triggered at epoch 162304 at 10:26 UTC, it hasn’t been finalised yet due to low validator participation rates. Under normal participation conditions, the epoch would have been finalised at 10:38 UTC (6:38 p.m. ET).

🌃 Goerli is moving to Shapella 🌃

📆 Upgrade @ epoch 162304, (10:25:36 PM UTC on Mar. 14, 2023)📆

Client release versions, FAQs and community calls + watch parties are all linked below ⤵️https://t.co/FmZuvZGBB4

— timbeiko.eth (@TimBeiko) March 8, 2023

The low participation rate, at 29% at the time of the trigger, is unusual for Ethereum. Ben Edgington, an Ethereum client and product lead at Teku, stated on a YouTube live stream that the low participation rate was likely due to validator nodes not having upgraded on time for the Goerli fork.

The Shanghai upgrade will complete Ethereum’s full transition to a proof-of-stake (PoS) network by allowing validators to withdraw their staked ether and rewards earned from adding or approving blocks to the blockchain. These funds have been locked up since December 2020 when Ethereum’s PoS Beacon Chain went live.

Testnets, such as Goerli, mimic a main blockchain and patch any bugs before any upgrades are deployed on the mainnet. Goerli was the last of three testnets to run through such a simulation. It was the most anticipated due to its large validator set and close resemblance to the Ethereum blockchain’s activity. It was also the last chance for staking providers to ensure that staked ETH withdrawals were appropriately processed before the upgrade went live.

Ethereum developers will discuss a mainnet target date for the Shanghai upgrade during their biweekly call on Thursday. During the last biweekly call, developers discussed a mainnet target date for sometime in the beginning of April, which is a slight deviation from their initial timeline set for March.

Tags: Ethereum NewsFeature
John Hobbs

John Hobbs

Recommended For You

Ethereum Layer 2 Base Integrates Chainlink For Off-Chain Price Data

by John Hobbs
March 9, 2023
0
Ethereum Layer 2 Base Integrates Chainlink For Off-Chain Price Data

Base, a new Ethereum Layer 2 developed by Coinbase, has integrated Chainlink on its testnet to provide decentralised app developers with secure, off-chain price data. Base intends to...

Read more

Polygon Rolls Out Zero-Knowledge Web3 Identification Service

by John Hobbs
March 3, 2023
0
Polygon Rolls Out Zero-Knowledge Web3 Identification Service

Polygon, an Ethereum sidechain, has published a web3 identification service called Polygon ID for blockchain-based apps to authenticate user credentials without compromising personal information. Today, we’re proud to...

Read more

Solana Validators to Restart Again Amid Ongoing Transaction Freeze

by John Hobbs
February 27, 2023
0
Solana Validators to Restart Again Amid Ongoing Transaction Freeze

The Solana network remained in a deep freeze on Saturday as validators prepared a second attempt to restart the blockchain to restore service to blockchain users. By evening...

Read more

Decentralisation: “DAOing” It Right Or Wrong?

by John Hobbs
February 25, 2023
0
Decentralisation: “DAOing” It Right Or Wrong?

Decentralised autonomous organisations (DAOs) are becoming a new instrument for organisational management and scalability for Web3 initiatives. DAOs derive their value from the concept of the “global village,”...

Read more

Polygon To Release zkEVM Layer 2 Beta Next Month

by John Hobbs
February 16, 2023
0
Polygon To Release zkEVM Layer 2 Beta Next Month

Polygon plans to release zkEVM, a new Layer 2 scaling solution, on the mainnet on March 27. zkEVM will be a zero-knowledge or ZK-Rollup that executes off-chain computations...

Read more
Next Post
EU Smart Contract Proposals Reportedly Limit Standard-Setting Promise

EU Smart Contract Proposals Reportedly Limit Standard-Setting Promise

Most popular

  • Top Crypto Twitter Influencers in 2022

    Top Crypto Twitter Influencers in 2023

    910 shares
    Share 364 Tweet 227
  • 20 Best Crypto Copy Trading Platforms: A Curated List 2023

    82 shares
    Share 33 Tweet 21
  • 11 Best Crypto Debit Cards In Australia: A Curated List 2023

    151 shares
    Share 60 Tweet 38
  • Best Crypto Youtube Channels For Crypto Enthusiasts 2023

    661 shares
    Share 264 Tweet 165
  • The Secret Disclosed: JPMorgan owns critical Ethereum infrastructure

    420 shares
    Share 168 Tweet 105

Recommended

Venezuela Overhauls National Crypto Department Sunacrip

Venezuela Overhauls National Crypto Department Sunacrip

March 20, 2023
Signum Digital Won SFC Approval To Provide Security Tokens In Hong Kong

Signum Digital Won SFC Approval To Provide Security Tokens In Hong Kong

March 20, 2023
U.S. Senator Claims Signature’s Failure Was Linked To Crypto Instability

U.S. Senator Claims Signature’s Failure Was Linked To Crypto Instability

March 19, 2023
Euler Finance Hacker Sent 100 ETH To Ronin Bridge Exploiter

Euler Finance Hacker Sent 100 ETH To Ronin Bridge Exploiter

March 19, 2023
Facebook Twitter Instagram
coin culture logo

Your Australian news source for all things cryptocurrency. Coin Culture is an independent media outlet that aims to provide an Aussie take on crypto, digital assets, and investing.

Hot Topics

  • DeFi
  • NFT
  • Gaming

Top articles

CoinSpot Review
Swyftx Review
Best Crypto Exchanges Australia
CoinSpot vs Swyftx

BROWSE BY TAG

Adoption Altcoin News Banks Bitcoin Bitcoin News btc Business Cardano Cardano News CBDC China CoinSpot Crypto Cryptocurrencies Crypto Exchange DeFi Dogecoin News El Salvador ETF Ethereum News Exchanges Feature FTX Games hacks Markets Metaverse Mining NFT NFT Game Opinion People Policy and Regulation SAM SEC Security Solana Stablecoins Tech Terra Top Crypto News Australia | CoinCulture Trading U.S. US web3

© 2022 CoinCulture. All rights reserved.

No Result
View All Result
  • Markets
  • Policy
  • Tech
  • People
  • Business
  • 101 Guide
    • Bitcoin Guide
    • Blockchain Guide
    • Ethereum Guide
    • DeFi Guide
    • Trading Guide
    • ICO guide
    • Bitcoin Cash Guide
    • Ripple Guide
    • NFT
    • Dogecoin guide
  • Hot topics
    • NFT
    • Metaverse
    • Games
    • Forecast
  • Exchanges
    • Crypto Exchange Reviews
      • CoinSpot Review
      • Crypto.com Review
      • Crypto.com Review
      • Swyftx Review
    • Exchange Comparisons
      • CoinSpot vs Swyftx
      • CoinSpot vs Digital Surge
      • CoinSpot vs Coinbase
      • Coinspot vs Binance
      • CoinSpot vs Kraken
      • CoinSpot vs Independent Reserve
      • CoinSpot vs Bitfinex
      • Coinspot vs Plus500
      • CoinSpot vs Bittrex
      • CoinSpot vs BTC Markets
      • CoinSpot Vs Etoro
      • CoinSpot vs Cointree
      • CoinSpot vs KuCoin
      • Crypto.com Vs Coinbase
      • Crypto.com vs Binance
      • Swyftx vs. Independent Reserve
      • Swyftx vs. CoinJar
      • KuCoin vs. Coinbase

© 2022 CoinCulture. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.
  • bitcoinBitcoin(BTC)$28,398.003.59%
    BITCOIN
    24H : 3.59%
    Volume : $57,535,472,899.00
    Marketcap : $548,825,956,329.00
  • ethereumEthereum(ETH)$1,791.19-0.18%
    ETHEREUM
    24H : -0.18%
    Volume : $13,235,563,053.00
    Marketcap : $215,834,014,176.00
  • tetherTether(USDT)$1.01-0.16%
    TETHER
    24H : -0.16%
    Volume : $163,279,400,890.00
    Marketcap : $76,649,864,822.00
  • binancecoinBNB(BNB)$340.79-0.04%
    BNB
    24H : -0.04%
    Volume : $981,551,061.00
    Marketcap : $53,827,978,427.00
  • usd-coinUSD Coin(USDC)$1.00-0.06%
    USD COIN
    24H : -0.06%
    Volume : $5,600,326,965.00
    Marketcap : $36,259,457,540.00

Add New Playlist