Is the Ethereum Shanghai upgrade testnet arriving sooner than expected? It looks like the public testnet for the Ethereum Shanghai upgrade is likely to be out by February end. Recent reports, including those from Christine Kim, a research associate at Galaxy, suggest the Ethereum developers are eyeing February for the public testnet launch of the Shanghai upgrade.
Ethereum Shanghai Upgrade: Public Testnet Coming Soon?
Initially, the Shanghai upgrade's tentative timeline was set for March 2025, but the Ethereum developers are scaling back and targeting early February to launch its public testnet. This shift underscores the importance of enabling withdrawals of staked Ether. The Developers of Ethereum want to send the Shanghai upgrade to the public testnet in February.
What's the Focus of the Ethereum Shanghai Upgrade?
The recent developers’ call also stressed that they will mainly focus on the ETH withdrawals. Shanghai is an upgrade that will open validator staking withdrawals, a feature highly anticipated by the Ethereum community. The planned Shanghai upgrade of the Ethereum network will finally enable this crucial functionality.
Ethereum Shanghai Upgrade: Prioritizing Staked ETH Withdrawals
Enabling withdrawals of staked Ether will be given priority in the upgrade. According to Christine Kim, the release date of the public testnet for the Ethereum Shanghai update has been hinted to occur around the end of February. This is a critical step toward the full implementation of the Shanghai upgrade and the unlocking of staked ETH.
Stay tuned for further updates on the Ethereum Shanghai upgrade and its public testnet launch, expected by February end!