The Ethereum blockchain is undergoing a significant upgrade with the launch of the Shanghai-Capella upgrade, also known as Shapella, on the Sepolia test network on February 28th.
This is a vital step in enabling ether (ETH) withdrawals from network validators, a feature that was not enabled during the network’s transition to proof-of-stake consensus, called The Merge.
The Shanghai-Capella upgrade is a combination of changes to the execution and consensus layers of the Ethereum blockchain.
Shanghai is responsible for upgrading the execution layer of Ethereum, while Capella will upgrade the consensus layer of the blockchain. The upgrade is aimed at making the Ethereum network more efficient and secure, allowing for a smoother transaction process.
To ensure a seamless launch, the Ethereum core developers have planned multiple phases of public testing. The upcoming launch on Sepolia is the second public testnet to deploy the upgrade, following the testing on the Zhejiang testnet earlier this month.
The testing on Zhejiang revealed some minor bugs that have been worked on, indicating the developers’ dedication to ensuring the success of the upgrade.
After deploying Shapella on the Sepolia testnet, the developers will move to the Goerli testnet in early March for the final phase of a dress rehearsal ahead of the mainnet launch, expected to happen in early March.
The launch of the Shanghai-Capella upgrade is a significant milestone for the Ethereum blockchain, and it is expected to have a positive impact on the blockchain’s ecosystem.