Ethereum’s Shanghai Upgrade, also referred to as the Shapella Upgrade, occurred in April 2023, implementing EIP-4895 to allow validators to withdraw the ETH staked as long as December 2020 from the Beacon Chain. The Shanghai Upgrade was the biggest upgrade since the Merge, the final step in Ethereum’s move to a proof-of-stake consensus mechanism, which ensures users can’t mint coins they didn’t earn. Although many hoped that the Shanghai Upgrade would lead to increased activity on the low-carbon blockchain, it didn’t live up to expectations. To stake Ethereum, it’s first…
Read MoreEthereum Shanghai Upgrade Deemed Rather Disappointing
