Ethereum deploys Shanghai-Capella on the Sepolia testnet

Shanghai-Capella is beginning its mainnet launch with the rollout of the upgrade to the Sepolia testnet. Ethereum is marching towards revolution and the various upgrades are proof of that. Reassuring news, since the launch on the mainnet should take place soon.

Shanghai-Capella moves closer to mainline

In September 2022, Ethereum began its transition to the Proof-of-Stake, better known as The Merge. Although this upgrade had many benefits for users, ETH withdrawals from validators were not enabled. However, things are changing thanks to the Shanghai-Capella upgrade.

Ethereum core developers have announced the successful launch of the Shanghai-Capella upgrade on the Sepolia testnet. Still called the Shapella network, this version is the most anticipated of the second largest blockchain.

The upgrade was triggered around 04:04 UTC at epoch 56832. The upgrade took about 13 minutes, the time it took to complete. With this launch, the developers achieve the main functionality of Shapella which is to allow validators to stack withdrawals on the network.

Thanks to the Shanghai-Capella upgrade, the developers have already finalized three additional improvements. The latter aim, in addition to allowing withdrawals from the validator, to reduce gas costs for certain activities. The Sepolia testnet is one of three that Shapella is tested on. This achievement marks an important step towards the final rollout of the upgrade. According to one announcement from the Ethereum Foundation, this one should take place in March.

To achieve this result, the developers planned several test phases for the upgrade. With the first taking place this month on the Zhejiang testnet, Sepolia is the second stage before rolling out to Goerli.

Despite the slight price drop that occurred during the transition, Ethereum continues to outdo itself in order to improve its offering. Some are even convinced that theETH will rally and will outperform bitcoin (BTC).

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