The Sepolia testnet of the Ethereum network has successfully upgraded, simulating the upcoming hard fork, as the Shanghai upgrade approaches next month.
The Sepolia testnet of the Ethereum blockchain has successfully undergone an upgrade that replicates the forthcoming Shanghai hard split anticipated to occur on mainnet in March.
The testnet was successfully upgraded on February 28 to “Shapella,” which combines the names of the future Shanghai and Capella hard forks.
On the user end of the execution layer, the fork is referred to as Shanghai, while the upgrade is referred to as Capella on the client side of the consensus layer. One of the significant enhancements allows validators to return their staked Ether to the execution layer from the Beacon Chain.
Validators were required to stake 32 ETH in the Ethereum blockchain. Now, those who prefer to fully withdraw may take all 32 ETH plus prizes and stop validating, while those who wish to withdraw rewards in excess of 32 ETH will be allowed to do so.
Release of the update on the Ethereum Goerli testnet, which is anticipated to start in March, will be the next action before the Shanghai fork goes live on the mainnet. AMD.