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Understanding Ethereum Withdrawals with Shanghai Upgrade
The Ethereum Shanghai/Capella upgrade is allowing stakers to withdraw their staked ETH. Shanghai will offer 3 withdrawal functionalities: Updating withdrawal credentials: Validators can now transition from the 0x00-type credentials to the newer 0x01-type ones. Partial withdrawals: Validators can access consensus layer rewards above 32 ETH in their account. Full withdrawals: Validators can reclaim the entire balance of an…
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Lido V2 launches with significant upgrades
Ethereum Withdrawals Now Active Lido V2 is now live on Ethereum’s mainnet. The successful launch followed an affirmative on-chain vote, marking the most pivotal upgrade to the Lido protocol to date. The Lido V2 update not only enhances the Ethereum staking experience but also propels the Lido protocol towards a future of further decentralization. The most…
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Guide to EIP-4844 Proto-Danksharding and what it means for Ethereum scaling
Ethereum has challenges in scalability since its inception, and EIP-4844 is one of the solutions to address this issue through the concept of sharding. What is sharding Sharding basically is a way of dividing up the work of processing transactions so that it can be done more efficiently. Instead of having one big computer processing all transactions, the…