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Ethereum: Shapella upgrade forked with Goerli testnet, this is what went down

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The much-awaited Shanghai upgrade was executed on Ethereum’s [ETH] Goerli testnet on 15 March. The Goerli network is a decentralized network designed to be a testing and development environment for Ethereum-based decentralized applications.<p lang=«en» dir=«ltr» xml:lang=«en»>Goerli forked!— timbeiko.eth (@TimBeiko) March 14, 2023Read Ethereum’s [ETH] Price Prediction 2023-2024Through the Shanghai upgrade, which is also called Shapella upgrade by developers, validators can withdraw their staked ETH from the beacon chain.

At press time, 17583 withdrawals have been successfully processed on the test network.Source: beaconcha.inEven though a lot of transactions were processed, there are some issues that are being faced by the network.

One such problem was that many validators on the testnet did not upgrade due to a significant number of changes to withdrawal credentials.<p lang=«en» dir=«ltr» xml:lang=«en»>Deposits are being processed (https://t.co/CxYtPcGMCp), but it seems like several validators haven't upgraded.

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