The test on Goerli will be the last dress rehearsal for the upcoming Shanghai Upgrade. ETH recorded a steep fall on the news of the postponement at press time. The much-anticipated Shanghai Upgrade that would enable the withdrawal of staked Ethereum [ETH] has been pushed to the second week of April, as decided during the network’s core […]
Much to the disappointment of stakers who were eagerly looking for an end to the two-year wait, the developers arrived at the consensus that the mainnet launch for the upgrade would happen a month after the Goerli testnet launch which was fixed for 14 March during the call.
One of the developers suggested an earlier date for the Goerli launch as it will allow more time between Goerli and the mainnet launch. There was a proposal to have Goerli launch on 16 March but it was dropped in favor of 14 March so as to have enough time to analyze and discuss the outcomes on the next core developers call which would fall on 16 March.
The test on Goerli will be the last dress rehearsal for the upcoming Shanghai Upgrade. According to the developers, the Sepolia testnet launch went smoothly barring a few infrastructure-level issues.As per data from Glassnode, the overall staking activity on Ethereum saw decent growth over the previous week. At the time of writing, nearly 17.5 million ETH was locked in the network’s smart contracts, representing a week-over-week growth of 3%.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Can Shanghai upgrade anticipation keep ETH selling pressure at bay?The majority of staked ETH is at a loss according to recent data. ETH traders show optimism, despite bearish metrics. After the Ethereum merge, the prices of ETH declined massively and addresses were left holding their ETH at a loss. Another upcoming significant event, the Shanghai Upgrade, which will be occurring this month, has made […]
Read more »
Here’s why ETH’s underperformance is not linked to ShanghaiAnalysts argued that the altcoin’s recent letdown could either be linked to the nearing Shanghai upgrade or not ETH may not rally in the short term as traders are torn between longs and shorts According to Hal Press, Ethereum’s [ETH] underwhelming performance in recent times could be a result of some faults in the nearing […]
Read more »
Ethereum [ETH]: Will this development turn HODLers into stakersEthereum stakers impacted positively after the merge. Addresses continued to hold their ETH as selling pressure reduced. According to a 1 March tweet by Messari, the Ethereum [ETH] merge had a huge impact on the state of stakers. Even though the prices of ETH took a hit, staking returns improved from 1% in Q3 to […]
Read more »
Ethereum [ETH] bounces from $1600 but bearish bias remains: Here’s whyDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The bearish structure break two weeks ago meant sellers had an edge at press time. An imbalance on ETH charts could offer an ideal selling opportunity. A recent report highlighted that Ethereum [ETH] validators […]
Read more »
B.C. announces $150 million to upgrade 911 emergency communications systemNew technology will allow people to contact 911 through new options, such as texting.
Read more »
Upgrade to 911 will allow texting from mobile deviceSomeone who needs emergency assistance but can't speak or make a noise will be able to text from a mobile device with new 911 technology that will be in place by 2025.
Read more »