Sunday , May 19 2024
Home / Tag Archives: EIP-3855

Tag Archives: EIP-3855

What is the Ethereum Shanghai Upgrade?

The Shanghai Upgrade is an update to Ethereum that will introduce the ability for users to withdraw ETH they have previously staked on the network as well as any staking rewards they have earned. As a fundamental change to the Ethereum network, Shanghai will be implemented as a hard fork. Validators are users (also known as nodes) of Ethereum who create blocks and verify that the blocks and transactions are correct on the network. To ensure they are acting honestly, they put up a stake of 32...

Read More »