Ethereum Shanghai Upgrade Live On Sepolia For ETH Withdrawals

CoingapePublicado em 2023-02-28Última atualização em 2023-02-28

Resumo

Ethereum Shapella network is successfully activated on the Sepolia testnet at epoch 56832, moving closer to the Shanghai upgrade.

Ethereum Shapella (Shanghai/Capella) network is successfully activated on the Sepolia testnet at epoch 56832 at the scheduled 4:04 AM UTC and finalized at 4:17 AM UTC on February 28. It enables validators to withdraw their stake from the Beacon Chain back to the execution layer and introduces new functions to the execution and consensus layers.

Ethereum developers and clients shared the news on Twitter the Shapellaannouncing network is live and finalized on the Sepolia testnet. The next upgrade will be on the Goerli testnet and then on the mainnet, finalizing the Shanghai upgrade.

Ethereum Shanghai upgrade anticipated in March will fully transition Ethereum to proof-of-stake (PoS) and enables the withdrawals of Ethereum staked on the Beacon Chain. The Sepolia is the second of the three testnets planned to trigger the Shanghai upgrade. The first Zhejiang testnet upgrade was successfully completed on February 7.

Ethereum developers Tim Beiko and Parithosh took to Twitter to share the successful Sepolia Shapella upgrade.

Terence.eth, an Ethereum developer working on Arbitrum, revealed that some of the Prsym validators failed to upgrade to new client releases and are offline due to using the old Geth version. However, these validators will come online after a few minutes.


Marek Moraczynski, team lead at Ethereum client Nethermind, also took to Twitter to share the interesting news of successful Sepolia Shapella activation by the Ethereum Foundation developers.


Meanwhile, Ethereum Foundation has announced to shut down the Goerli testnet after the Shanghai upgrade. It will follow with the Holli or Holesovice testnet, expected in September this year.


Ethereum Price After the Shanghai Upgrade on Sepolia Testnet


Ethereum price is currently trading at $1,627, continuing to move in a range above the $1,600 level. The 24-hour low and high are $1,615 and $1,662, respectively. Furthermore, the trading volume has increased by 15% in the last 24 hours, indicating a slight increase in interest.


The ETH price action has lost pace amid the fear of hawkish rhetoric from the U.S. Federal Reserve. The broader crypto market has also continued to be under pressure and is expected to bounce next month.

Leituras Relacionadas

Deciphering the Ethereum Foundation's New Structure: Reaffirming Self-Sovereignty Amid Institutionalization Trends

Summary: The Ethereum Foundation (EF) has announced a major restructuring, laying off 20% of its staff and introducing a new five-layer operational framework. This move aims to clarify the EF's mission and reaffirm Ethereum's core principle of self-sovereignty amidst growing institutionalization in the crypto space. The five layers are: 1. **Protocol Layer**: Focuses on maintaining Ethereum's foundational "CROPS" values—Censorship-resistant, Robust, Open, Private, and Secure. This involves core technical work like secure hard forks and mitigating toxic MEV. 2. **Access Layer**: Ensures users can practically exercise self-sovereignty through actions like reading the chain and making transactions. A key principle is the "zero option," meaning a trusted, non-intermediated path must always exist as an alternative to any centralized service. 3. **User Layer**: Bridges the protocol and access layers by grounding EF's work in the real needs of users and organizations. This is seen as crucial for moving beyond a purely research-driven approach and ensuring development effectively serves the ecosystem. 4. **Community Layer**: Responsible for building and maintaining consensus around Ethereum's core values both internally and externally. This involves guarding against centralization, upholding technological neutrality, and preventing short-term commercial interests from undermining CROPS principles. 5. **Institutional Layer**: Manages EF's engagement with institutions, but with the precondition of self-sovereignty. The goal is not to make it easier for institutions to control users, but to demonstrate how Ethereum's technology can enable better integrations. The article argues that while institutional adoption brings legitimacy, it also risks diluting crypto's foundational ethos of decentralization. The new structure represents EF's effort to navigate this tension, upholding its core mission while actively engaging with a broader, more complex ecosystem.

marsbitHá 14m

Deciphering the Ethereum Foundation's New Structure: Reaffirming Self-Sovereignty Amid Institutionalization Trends

marsbitHá 14m

Interpreting the Ethereum Foundation's New Structure: Reasserting Self-Sovereignty Amid Institutionalization Trends

Ethereum Foundation (EF) has restructured into five distinct operational layers, aiming to clarify its mission while reaffirming the core values of self-sovereignty. This reorganization, accompanied by a 20% staff reduction, focuses on: Protocol Layer (upholding the CROPS principles: Censorship-resistant, Robust, Open, Private, Secure), Access Layer (ensuring users have non-custodial pathways for key actions), User Layer (bridging development to real user needs), Community Layer (maintaining and propagating Ethereum's value consensus internally and externally), and Institutional Layer (engaging with institutions without compromising self-sovereignty). The article discusses the tension between Ethereum's foundational decentralized ideals and the current trend of institutionalization in crypto. It argues that while welcoming institutional use is necessary, the ecosystem must not sacrifice its core tenets—like neutrality and resistance to centralized control—to short-term commercial interests. The new structure positions the EF to safeguard Ethereum's "public good" attributes, ensuring it remains a resilient and open platform even as the broader market evolves.

链捕手Há 18m

Interpreting the Ethereum Foundation's New Structure: Reasserting Self-Sovereignty Amid Institutionalization Trends

链捕手Há 18m

OpenRouter: How Did This 'AI Model Relay Station' Achieve a $10 Billion Valuation?

OpenRouter: The Model Router Building a $10B+ Company This article explores OpenRouter, a platform that aggregates access to over 400 AI models from 70+ providers (like OpenAI, Claude, Gemini) through a single API. It has grown into a unicorn with a $1.3B valuation by 2026, processing massive scale—reaching 100 trillion tokens monthly. Its core value isn't just being a "model supermarket." For developers building real-world AI applications, managing multiple models for different tasks (e.g., cheap models for titles, powerful ones for long articles) is complex. OpenRouter acts as a critical "model scheduling layer," handling routing, failover between providers, cost optimization, and enterprise features like zero-data-retention policies and budget controls. OpenRouter's business model is a "toll fee": it charges a small platform fee (5.5%) on purchased credits while passing model costs directly to users. Its revenue scales with the tokens flowing through its system, which saw explosive growth as AI apps evolved. Key growth drivers include: 1) The explosion of specialized models, increasing choice complexity; 2) AI apps shifting focus from performance to cost optimization; 3) The rise of AI agents that require more reliable, multi-step model calls. However, risks remain. Large enterprises or cloud providers (AWS, Google Cloud) could build similar internal gateways. Its position between model suppliers and developers could also create future tension over pricing and data control. To stay ahead, OpenRouter must deepen its enterprise features and prove it's more than just a request forwarder.

marsbitHá 34m

OpenRouter: How Did This 'AI Model Relay Station' Achieve a $10 Billion Valuation?

marsbitHá 34m

Bitcoin Falls Below $60,000 Again; After 20 Months, We've Reached a New Low

Bitcoin Drops Below $60,000, Hitting a 20-Month Low Bitcoin fell below the key $60,000 psychological level again, reaching a low of $59,023—its lowest point in approximately 20 months, dating back to October 2024. While it later recovered slightly to around $60,600, this marks its third significant breach of $60,000 this year. The downturn is attributed to two primary factors. First, U.S. spot Bitcoin ETFs are experiencing their longest streak of net outflows since launch, with nearly $5.94 billion withdrawn over 30 days. This creates sustained selling pressure as Authorized Participants sell Bitcoin to meet redemptions. Second, shifting macroeconomic expectations are adding pressure. Strong U.S. job data and hawkish remarks from Fed officials have increased market pricing for potential rate hikes, reversing the earlier liquidity-driven bullish sentiment and prompting a shift away from risk assets like Bitcoin. Analyst views are mixed. 21Shares maintains a bullish long-term outlook, expecting prices to recover towards $100,000, citing historical post-halving cycles and substantial ETF holdings as a base. In contrast, Arthur Hayes predicts a potential bottom around $40,000 within six months due to persistent Fed hawkishness. CryptoQuant suggests, based on on-chain data, that the market may not find a bottom until prices fall below the average investor cost basis around $53,000, potentially extending the bearish phase into late 2026 or early 2027. The immediate focus is on upcoming U.S. inflation data and Fed signals. Lower-than-expected CPI could offer relief, but confirmation of sticky inflation or continued ETF outflows may lead to further downside pressure. Bitcoin's ability to hold above $60,000 remains a critical test for the near-term market direction.

Odaily星球日报Há 1h

Bitcoin Falls Below $60,000 Again; After 20 Months, We've Reached a New Low

Odaily星球日报Há 1h

Bitcoin Drops Below $60,000 Again; After 20 Months, What We've Waited For Is a New Low

Bitcoin has once again fallen below the key $60,000 psychological support level, hitting a low of approximately $59,023—its lowest point in nearly 20 months since October 2024. The price has since partially recovered to around $60,600. This decline is driven by two main factors. First, U.S. spot Bitcoin ETFs have experienced a historic wave of net outflows, losing roughly $5.94 billion over 30 days. Sustained institutional redemptions create direct selling pressure in the spot market. Second, shifting macroeconomic expectations are adding pressure. Strong U.S. job data and hawkish signals from the Federal Reserve have increased market pricing for potential rate hikes, undermining the liquidity-driven bullish thesis for Bitcoin. Analyst views are mixed. 21Shares maintains a year-end target of $100,000, citing historical post-halving patterns and strong ETF accumulation. In contrast, Arthur Hayes predicts a potential drop to $40,000 within six months due to persistent Fed pressure. CryptoQuant notes that the average investor cost basis is around $53,000 and suggests the bear market could extend into 2026/2027 without clear signs of renewed demand. Market focus now turns to upcoming U.S. inflation data and Fed signals. Bitcoin's ability to hold the $60,000 level is seen as critical for determining the near-term market direction.

marsbitHá 1h

Bitcoin Drops Below $60,000 Again; After 20 Months, What We've Waited For Is a New Low

marsbitHá 1h

Trading

Spot
Futuros
活动图片

Categorias popularesright-arrow

Etiquetas Popularesright-arrow