Shanghai clarifies – After passing Proof of Stake last September, the network Ethereum is now preparing its next evolution. This will take the form of hard fork shanghai. During their last call, the developers agreed on its content and its deployment date.
What will change with the Shanghai hard fork
On September 15, the Ethereum network witnessed its biggest update of the year. Title The Mergethis made it possible to finalize the transition from Proof of Work to Proof of Stake.
Once this step was finalized, the developers got down to preparing the next development. Indeed, the next planned evolution will take the form of the hard fork shanghai.
At the last meeting bringing together the Ethereum core-devs, they agreed on the content of this hard fork. As present by Christine Kim on Twitter, the Shanghai hard fork will feature 7 evolutions.
Among these developments, one is more expected than the others. Indeed, Shanghai marks the establishment of the stake ETH withdrawal service. Indeed, since the deployment of the beacon chain in 2020, the ETH deposited there cannot be withdrawn.
According to the latest information shared at the meeting, the withdrawals implementation is currently being tested on two separate testnets. As reported by Tim Beiko:
“Withdrawals worked smoothly in both cases, and there were still some issues to be resolved with upgrades of withdrawal credentials from BLS addresses to ETH. »
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Shanghai deployed in March 2023?
During this meeting, the developers also agreed on a horizon for the deployment of the Shanghai hard fork. They then agreed on a deployment in the month of March 2023.
In addition, the latter underlined the fact that the main EIP of this hard fork would be the withdrawal of ETH in stake. Therefore, any other PPEinitially planned in Shanghai which would delay the deployment of withdrawals, would be withdrawn and postponed at the next fork.
The developers will meet on January 5 to take stock of the progress of the implementation of withdrawals from the various customers.
While waiting for March, other problems deserve the attention of the community. Indeed, for several months, Ethereum has been facing a significant phenomenon of censorship. To fight against it, FlashBots teams have proposed several solutions. These range from opening the sources of several of their software to the creation of the SUAVE project.
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