Ethereum Goerli Test Network Activated Shapella Upgrade – What You Should Know

03/15/2023 23:44 • Blockchain Briefs • 82 views

It is reported that the Ethereum Goerli test network activated the Shapella upgrade at 6:26 on March 15. When the block was triggered, the verification node participation rate was 29%, which was low for Ethereum. In the YouTube live broadcast, Ben Edgington, the product leader of Teku, an Ethereum customer, admitted that the low participation rate might be due to the failure of the verification node to upgrade to the Goerli bifurcation in time.

Ethereum Goerli test network activates Shapella upgrade, and the participation rate of verification nodes is 29%

The Ethereum Goerli test network recently activated the Shapella upgrade at 6:26 on March 15th. However, when the block was triggered, the verification node participation rate was only 29%, which is considered low for Ethereum. According to Ben Edgington, the product leader of Teku, an Ethereum customer, the low participation rate may be due to the failure of the verification node to upgrade to the Goerli bifurcation in time.
So, what exactly is the Shapella upgrade, and why is it essential for Ethereum? In this article, we will discuss everything you need to know about this upgrade.

What is the Shapella upgrade?

The Shapella upgrade is a significant improvement to the Ethereum network’s consensus mechanism. It includes an update to the Ethereum Improvement Proposal (EIP) 2315, which introduces the Simple Subroutines for the EVM (SSTORE) opcode. This update will improve the network’s efficiency and help reduce storage costs for smart contracts.
The Shapella upgrade also includes the EIP 2929, which aims to increase gas costs for specific EVM operations or Smart Contract functions. By raising the gas costs of particular operations, the upgrade intends to prevent spamming and reduce the risk of DDoS attacks on the network.

Why is the Shapella upgrade crucial for Ethereum?

The Shapella upgrade is crucial for Ethereum because it represents a crucial step towards the network’s transition to Ethereum 2.0. Ethereum 2.0 will introduce a new proof of stake (PoS) consensus mechanism, which is expected to improve network efficiency, security, and scalability.
The Shapella upgrade is essential because it will help Ethereum transition to Ethereum 2.0 by introducing new features, improving network efficiency, and reducing storage costs for smart contracts.

The low participation rate in the Shapella upgrade activation

As mentioned earlier, the verification node participation rate in the Shapella upgrade activation was low. According to the product leader of Teku, the low participation rate may be due to the failure of the verification node to upgrade to the Goerli bifurcation in time.
This means that some of the verification nodes may not have upgraded their software in time to support the Shapella upgrade. As a result, these nodes were unable to participate in the activation process.

Conclusion

The Ethereum Goerli test network’s activation of the Shapella upgrade is a significant development for the network. The upgrade introduces several improvements to the network, including improvements to the EVM and increased gas costs for specific operations. While the low participation rate in the activation process is a concern, it does not take away from the significance of the upgrade for Ethereum.
If you are an Ethereum user or developer, it is essential to keep track of these upgrades and participate in them promptly. Upgrading your verification node software on time will ensure that you can participate in the activation process and be part of Ethereum’s exciting progress.

FAQs

1. What is Ethereum Goerli test network?
The Ethereum Goerli test network is a testing environment for developers to test and experiment with Ethereum-based applications and smart contracts.
2. What is the significance of the Shapella upgrade for Ethereum?
The Shapella upgrade introduces several improvements to the network, including improvements to the EVM and increased gas costs for specific operations. This is a crucial step towards Ethereum’s transition to Ethereum 2.0.
3. How can I participate in the activation process for Ethereum upgrades?
As an Ethereum user or developer, it is essential to keep track of these upgrades and participate in them promptly. Upgrading your verification node software on time will ensure that you can participate in the activation process and be part of Ethereum’s exciting progress.

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