Ethereum Shapella Network Upgrade Soon to Go Live

03/09/2023 07:29 • Crypto & Markets • 63 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 recently announced that the long-awaited Shapella network upgrade will soon be activated on the Goerli network on epoch 162304. The scheduled date is March 15 at 06:25:36 Beijing time, which marks a significant step towards implementing the upgrade on the Ethereum main network. This move is expected to help Ethereum enhance its scalability, security, and overall user experience.

The Shapella upgrade has been a topic of conversation among Ethereum enthusiasts for quite some time now, and it is viewed as an essential step towards the platform’s continued growth and development. With this upgrade, Ethereum aims to address some of the long-standing issues currently hindering its performance, such as slow transaction processing and high transaction costs. To achieve this, the main focus of the upgrade is on improving the network’s congestion control mechanisms and boosting block propagation speeds.

Before the Shapella upgrade is rolled out on the Ethereum main network, a series of comprehensive tests must be carried out to ensure its safety and efficiency. The upcoming activation on the Goerli test network is one of the final milestones before the upgrade goes live on the mainnet, and the Ethereum Foundation believes that it will give developers and users some insights into what they should expect.

To further prepare the Shapella community for this significant upgrade, a teleconference was scheduled for March 13 at 23:00 Beijing time. During the teleconference, various aspects of the upgrade were discussed, including its core features, potential benefits, and any possible risks, among other things. The event also provided an opportunity for participants to ask questions and share their thoughts on how the upgrade can be optimized to meet their needs.

Overall, the upcoming Shapella network upgrade marks a significant milestone for Ethereum, as it is expected to go a long way in improving the network’s scalability, security, and overall user experience. While there are no guarantees, many industry experts and enthusiasts are optimistic that this upgrade will make Ethereum more attractive to users and provide a solid foundation for further growth and development in the future.

In conclusion, the Shapella upgrade is an essential step towards enhancing the Ethereum platform, and it represents a concerted effort by the Ethereum Foundation and the wider development community to improve the network’s overall performance. The upcoming activation on the Goerli test network represents a vital milestone towards the upgrade’s wider adoption, and the community is eagerly awaiting the results.

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Ethereum Shapella Network Upgrade Soon to Go Live

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

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