Staking withdrawals prioritized in Ethereum’s upcoming Shanghai upgrade

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Staking withdrawals prioritized in Ethereum’s upcoming Shanghai upgrade
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ETH developers have prioritized bringing staking withdrawals with the upcoming Shanghai upgrade. The Ethereum Foundation has clarified that it is committed to maximizing the success of its transition to proof-of-stake. The world’s second-largest cryptocurrency will undergo a major upgrade in the first quarter of next year. At the 151st Ethereum Core Developers Meeting held on […]

Following the much-anticipated Merge event that took place in September 2022, the network saw billions staked in order to validate transactions.

The Ethereum Foundation has clarified that it is committed to maximizing the success of its transition to proof-of-stake. The latest upgrade will enable users to withdraw stETH and other staking rewards.The consensus from Ethereum Core Devs is that EIP 4844 can wait. The developers have deemed staking withdrawals as a more important element of the Shanghai upgrade, which initially included EIP 4844 as well.

This upgrade has been pushed back to May – June 2023 to avoid delays to the Shanghai hard fork. The EIPs that will go ahead with the Shanghai upgrade include

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