2023-02-08
The
Ethererum (testnet) test network successfully simulated the first time the
withdrawal of staked ether (ETH), bringing the second largest blockchain closer
to a historic transition to a fully featured Proof-of-stake network, with
upgrades starting at epoch 1350.
The test
network known as Zhejiang simulated ETH withdrawals earlier Tuesday,
after launching last week, designed to allow developers to rehearse the same
ETH withdrawals that will take place on the main Ethereum blockchain network,
following the long-awaited Shanghai upgrade expected next month.
Zhejiang is the first of 3 test networks and allows developers and users to test any code changes to their applications. The next test network upgrade will take place in the coming weeks on Sepolia and be followed by Goerli.
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