Ethereum will begin the last dress rehearsal for the Shapella update today

Developers of Ethereum are prepared to deploy the Shapella update on the Goerli testnet, the last stage before the introduction of the mainnet.

Developers of Ethereum are preparing for the introduction of the highly awaited Shanghai-Capella, or Shapella, update on the Goerli test network later today as a dress rehearsal for the April mainnet deployment.

The update will occur at epoch 162304 on Goerli, which is projected to occur around 6:25 p.m. EDT, according to a blog post from the Ethereum Foundation. If the upgrade test on Goerli is successful, they want to install it on the mainnet the following month.

Ethereum Improvement Proposal (EIP) 4895, the primary component of the update, attempts to allow validator staking withdrawals on the main network. The functionality was disabled in September 2022, during Ethereum’s transition to a proof-of-stake consensus, to guarantee a secure transition.

Developers will test the Shapella update on the third and final testnet, Goerli. During February, developers conducted various waves of public testing for Goerli on the Sepolia and Zhejiang public testnets.

In addition to the withdrawals, the Shapella upgrade will include three more upgrades to optimize gas prices for particular operations.

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Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.

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