Ethereum’s Shanghai upgrade confirms 1st testnet “Shandong”
2022 will certainly be considered a major year for several platforms. For FTX, Terra, and other troubled platforms, it certainly wasn’t a pleasant year. But, for the Ethereum [ETH] network, with its transition from proof-of-work [PoW] to proof-of-stake [PoS].
Now, once again, the network was back making headlines. During a recent weekly call, developers at the Ethereum Foundation shed light on the Shanghai update. This is expected to be the next major upgrade following the Merge. The Shanghai update is scheduled to take place in the second half of 2023.
Source
@TradeCryptoNow
