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Ethereum staking withdrawals - info on when and how

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by COINS NEWS 132 Views

Short overview:

There was news today that Ethereum's Shanghai upgrade, which allows for withdrawing staked Ether, was delayed. The previous plan to deploy the Shanghai Capella upgrade to the Goerli testnet late February, then upgrade the mainnet about a month later.

The Shanghai Capelle upgrade had to be postponed, the consensus is now that it will happen March 14th. Developers think mainnet deployment will be about a month later, some think first week April, others second week April.

Compared to the original timeline this is still far faster than expected, right after the Merge I remember the timelines were for late 2023 and that wasn't widely believed.

All of this is based on the assumption that the implementation on the Goerli testnet goes well, there is some slack built in for fixing issues that appear when testing is being done but the expectation is there won't be too many.

If something changes I'll try and make a new short update!

submitted by /u/Money_Reach
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