Ethereum's Sepolia testnet successfully simulated staked ETH withdrawals, bringing the blockchain one step closer to its highly anticipated Shanghai Upgrade, cryptauxmargaux reports
A second Ethereum test network , known as Sepolia, successfully replicated withdrawals of staked ether today, bringing the Ethereum blockchain closer to its highly anticipated Shanghai Upgrade.The Shanghai Upgrade will mark Ethereum’s complete transition to a fully functional
network, enabling validators to withdraw rewards earned from adding or approving blocks to the blockchain.The test on Sepolia was designed to provide developers with another dress rehearsal of the withdrawals similar to those that will happen on the main Ethereum blockchain. Testnets copy a main blockchain, in this case Ethereum, and allow developers to test any changes to their applications in a low-stakes environment.
Sepolia is the second of three testnets to run through such a simulation. But unlike the previous testnet upgrade that, this was on a closed testnet, meaning that only the Ethereum core developers run the validators on this testnet. Sepolia is also the smallest of all three testnets in terms of the number of validators participating on it, making it the least important of all three.The final testnet upgrade will occur to Goerli sometime in the coming weeks.
If the developers continue to run test upgrades three weeks apart, the next testnet upgrade on Goerli would likely occur around March 21, which could likely push the mainnet Shanghai Upgrade into April. If that were the case, there would be a slight delay versus the target of March that Ethereum developers had initially signaled for the release of staked ETH.
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