Ethereum Sets Date for Shanghai Upgrade on Sepalia Testnet; Coinbase – Over $488M in ETH Transferred to Coinbase Global (NASDAQ:COIN)

Ethereum ETH/USD The Foundation has announced February 28 cepolia via test network (testnet) Shanghai upgrade.

Ethereum team said that Spolia will be the second network to make such an upgrade, reports CoinDesk.

Following ZHEJIANG The testnet, which allows for the simulation of staking ETH withdrawals, will be another testnet upgrade before the main Ethereum blockchain is expected to undergo the Shanghai hard fork, which will take place in March.

According to the report, the Sepulia testnet is closed to developers who run validators on the network. After the Spolia testnet, goerli (The largest public ETH testnet) Shanghai will be the last testnet to receive the upgrade.

Quoted by CoinDesk barnabas busaOne of the DevOps engineers at the Ethereum Foundation, said the difference between the three tests comes down to “the number of visitors participating and the network load.”

earlier in a blog PostThe foundation announced that the Shepela fork is live on the Zhejiang testnet and available for testing by stakeholders and users.

Shepela refers to two ethereum upgrade, Shanghai and Capella. It allows extraction at the execution layer and Beacon Chain enhances the consensus layer,

Read also: Ethereum breaks below this key level; Neo emerges as top gainer

“Shapela has many features, but the most important one is to enable stakers and consensus-layer withdrawals. Full withdrawals will be available to exiting validators while there are more than 32 ETH active,” the Ethereum team said in the blog. Partial withdrawals will be available for validator balances.”

During this, whale alert The report states that Ethereum holders moved 323,430 ETH worth $488.67 million from an unknown wallet on Saturday. Coinbase Global Inc coin,

according to whale alert reports, 149,999 ETH, worth $226.29 million, was transferred from a wallet of unknown origin to Coinbase. The second transfer, also from a wallet of unknown origin, was 149,999 ETH worth $226.29 million. The third transfer was 23,432 ETH worth $36.09 million and was also transferred to the exchange.

At the time of writing, ETH is trading at $1,527, up 1% over the past 24-hours but down 7.2% over the past seven days.

Source link

Leave a Comment