Ethereum Foundation Announces Shapella Network Upgrade on Test Network

03/09/2023 07:29 • Blockchain Briefs • 91 views

On March 9, the Ethereum Foundation announced in a blog article that the Shapella network upgrade will be activated on the Goerli network on epoch 162304. The planned time is 06:25:36 Beijing time on March 15. It is expected that this will be the last test network upgrade before the Shapella upgrade is scheduled for the Ethereum main network. The Shapella community teleconference is scheduled for 23:00 Beijing time on March 13.

Ethereum Goerli test network is expected to activate Shapella upgrade in the morning of March 15

Analysis based on this information:

The Ethereum Foundation has announced that the Shapella network upgrade will be activated on the Goerli test network on epoch 162304. Scheduled for 06:25:36 Beijing time on March 15, this is expected to be the last test network upgrade before the Shapella upgrade is deployed on the Ethereum main network. The Shapella community teleconference is also set to take place on March 13 at 23:00 Beijing time.

The Shapella network upgrade is a crucial step towards the much-anticipated switch to a Proof of Stake (PoS) consensus protocol. The upgrade will modify key parameters of the Ethereum network, including block rewards, validator rewards, and slashing protocols. The ultimate goal is to improve network security and incentivize active involvement in the PoS system.

The deployment of the Shapella upgrade on the Goerli test network will allow developers to test the upgrade and validate that it works as intended. If successful, this will pave the way for the upgrade to be deployed on the Ethereum main network, which is currently set to take place in July 2021.

The Shapella community teleconference is an opportunity for members of the Ethereum community to come together and discuss the upgrade, ask questions, and provide feedback. This will allow the Ethereum Foundation to identify and address any potential issues or concerns before the upgrade is deployed on the main network.

Overall, the announcement of the Shapella network upgrade on the Goerli test network is a significant step towards the Ethereum network’s transition to PoS. With the Shapella upgrade, the Ethereum Foundation aims to improve the security and scalability of the Ethereum network while reducing energy consumption. The community teleconference is an important opportunity for community members to voice their opinions and contribute to the development of the network.

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Ethereum Foundation Announces Shapella Network Upgrade on Test Network

Ethereum Goerli test network is expected to activate Shapella upgrade in the morning of March 15

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