{"id":515529,"date":"2022-11-25T01:12:17","date_gmt":"2022-11-24T22:12:17","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ethereum-developers-decided-on-eight-proposals-for-the-shanghai-update\/"},"modified":"2022-11-25T01:12:17","modified_gmt":"2022-11-24T22:12:17","slug":"ethereum-developers-decided-on-eight-proposals-for-the-shanghai-update","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ethereum-developers-decided-on-eight-proposals-for-the-shanghai-update\/","title":{"rendered":"# Ethereum developers decided on eight proposals for the Shanghai update"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2ebe34afb33\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2ebe34afb33\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/ethereum-developers-decided-on-eight-proposals-for-the-shanghai-update\/#%E2%80%9D_Ethereum_developers_decided_on_eight_proposals_for_the_Shanghai_update_%E2%80%9C\" >&#8221; Ethereum developers decided on eight proposals for the Shanghai update &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Ethereum_developers_decided_on_eight_proposals_for_the_Shanghai_update_%E2%80%9C\"><\/span>&#8221; Ethereum developers decided on eight proposals for the Shanghai update &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvNWU4ZmM1ODUtOGY5ZC00NDM4LTkxOTUtNzQ1MmFhOTRiNmU1LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5129e2ea>Developers at the Ethereum foundation decided on eight Ethereum Improvement Proposals (EIP) to explore for the Shanghai update, the next major upgrade after the Merge\u00a0and its move\u00a0to proof-of-stake consensus, announced the Ethereum Foundation on Nov. 24.\u00a0<\/p>\n<p>On a weekly call, developers decided what features should be included in the next hard fork, which will be released in the second half of 2023. According to the Ethereum Foundation Java<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">Script<\/a> Team on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>:<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We are happy to announce the launch of an early Pre-Shanghai testnet we are calling &#8220;Shandong&#8221;. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/1HpFTPUMOU\">https:\/\/t.co\/1HpFTPUMOU<\/a><\/p>\n<p>This is an experimental testnet run in cooperation with EF DevOps which activates a set of selected Shanghai-considered EIPs for early client testing.<\/p>\n<p>: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/VJ4kWxupG3\">https:\/\/t.co\/VJ4kWxupG3<\/a><\/p>\n<p>\u2014 EF JavaScript Team (@EFJavaScript) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/EFJavaScript\/status\/1581003267152412672?ref_src=twsrc%5Etfw\">October 14, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>One of the main features expected to be in the Shanghai hard fork, Beacon Chain staked Ether (ETH) is set to be unlocked, allowing the assets will be able to be withdrawn with the upgrade, meaning that users with staked Ethereum prior to the Merge will be able to access those tokens, as well as any other rewards. A previous timeline anticipated locked ETH to be accessible 6-12 months after the Merge.\u00a0<\/p>\n<p>Among the approved proposals is the EIP 4844, which focuses on leveraging proto-danksharding <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a>, and is expected to boost network throughput and slash transaction fees, a significant improvement for scalability. Other EIPs address the upgrade of Ethereum Virtual Machines, including EIP 3540, EIP 3670, EIP 4200, EIP 4570, and EIP 5450.<\/p>\n<p>The Shanghai testnet version, dubbed Shandong, went live on Oct. 18, allowing developers to work on implementations such as Ethereum Virtual Machine (EVM) object format, is one of the community\u2019s most-anticipated updates since it separates coding from data, which could be beneficial for on-chain validators.<\/p>\n<p>As previously reported by Cointelegraph, the Merge was the first step in this five-part process, which has since been elaborated upon by a number of Ethereum developers, ecosystem participants and commentators. The key change of the Merge is the drastic reduction in power consumption, which should reduce Ethereum\u2019s energy usage by 99%.\u00a0<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/ethereum-developers-decided-on-eight-proposals-for-the-shanghai-update\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Ethereum developers decided on eight proposals for the Shanghai update &#8220; Developers at the Ethereum foundation decided on eight Ethereum Improvement Proposals (EIP) to explore for the Shanghai update, the next major upgrade after the Merge\u00a0and its move\u00a0to proof-of-stake consensus, announced the Ethereum Foundation on Nov. 24.\u00a0 On a weekly call, developers decided what&#8230;<\/p>\n","protected":false},"author":1,"featured_media":515530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvNWU4ZmM1ODUtOGY5ZC00NDM4LTkxOTUtNzQ1MmFhOTRiNmU1LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,75326,103657,117],"class_list":["post-515529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-ethereum-2-0","tag-upgrade","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/515529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=515529"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/515529\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/515530"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=515529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=515529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=515529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}