Ethereum “Shanghai” upgrade begins…Learn what features this upgrade entails
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Answer Ethereum “Shanghai” upgrade begins…Learn what features this upgrade entails
In a public update detailing the evolution of Ethereum, developer Beko shared on Twitter the latest news about the latest Ethereum upgrade including the multi-client upgrade called “Kintsugi” and briefly described Ethereum’s EIP plans in the post-merger era.
Finishing the “Kintsugi” upgrade and starting the “Klin” upgrade:
According to the post shared by Mr. Beko, post-merger testing of Ethereum on the Kintsugi beta network is proceeding as intended.
A number of errors were found in the API specification and hash detection logic.
These bugs are fixed immediately, while Engine API improvements will be included in the latest releases.
For both upgrades, purpose-built short-lived networks will be activated.Read:The Japanese FTX platform has until March 2023 to cease all operations
Kintsugi will eventually be replaced by Klin.
Mr. Piko stated that Ethereum developers interested in experimenting with Kintsugi should hurry up.
Where Klin will be the last new testnet.
What does Shanghai’s Ethereum upgrade mean?
In short and simplified, the “Shanghai” upgrade will carry the following improvements:
- Fee optimization.
- Optimize virtual machine EVM.
- Improved UX interface.
A Call to All Developers (ACD) will take place on February 11, 2022, where Ethereum developers will discuss past upgrade results and new upgrade prospects.
Developer Beko described Ethereum’s first post-merger upgrade as “Shanghai” as helping to ditch the ETH1/ETH2 terminology for good.
As noted, the most important EIP upgrade plans will address improved functionality of the Ethereum EVM and several UX improvements put in place to reduce gas costs for end users.Read:$42,000 worth of Ethereum was stolen in a new Uniswap scam
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