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Ethereum developers have successfully deployed the first mainnet shadow fork in preparation for the Shanghai upgrade. This upgrade is scheduled to take place in March and will allow validators to cancel validations.
The ethereum network has taken a step forward concerning the improvement of Shanghai. The development team successfully rolled out their first shadow fork mainnet for launch. This will allow ethereum validators to begin testing removals and getting ready for when the update hits the main network.
The Shanghai upgrade itself is slated for launch in March and is highly anticipated. Ethereum stakers have had their ETH locked into the network since the switch to proof-of-stake was made. Validators have long called for eth's disengagement.
The mainnet shadow fork was executed on Jan. 23 and test the functionality before it is officially released. The Main Network Shadow Fork was run on January 23 and will help test the functionality ahead of its official launch.
There were only a few minor problems, all of which were discussed, according to Ethereum lead developer Marius Van Der Wijden.
This started with some problems because the configuration was not properly applied to geth (we cannot override the mainnet configuration). Configuration is properly enforced and all nodes agree. We will start some evil nodes,.
— MariusVanDerWijden (@vdWijden) January 23, 2023
Currently, there is over $26.5 billion worth of ETH staked. There is a ceiling on the amount that can be removed, which will prevent a pile drain. The developers have planned to introduce further enhancements with the upgrade of Shanghai.
Some Ethereum Devs Warn Against Rushed Upgrade
While most people are looking forward to the launch of Shanghai, a handful of Ethereum developers remain opposed to it. While most people are eagerly awaiting the launch of Shanghai, a handful of Ethereum developers still object.
point out that the change could result in technical debt that would make long-term development more challenging. They believe that abandoning the EPF meets the demands of the public and not so much the long-term health of Ethereum.
Over 500,000 Validators Before the Shadow Fork
Their main point was connected with a method of coding, which is due for a switch. The network crossed 500,000 validators recently, which is a significant figure. The network has recently encountered 500,000 validators, a significant number.
The price of Ethereum is in good shape and has been a top performer as the market breaks further out of its slump. This is particularly true since the minimum bet requirement is 32 ETH.
