Ethereum “Shapella” completes mainnet implementation

Implementation complete

Around 7:27, Ethereum completed the implementation of the major upgrade “Shapella” (Shanghai + Capella = Shapela). Activated at epoch number 194,048.

connection: You can check the withdrawal status of ETH here.

Ethereum proof-of-stake chain has upgraded to Shapella. Withdrawal is now enabled

This closes the loop of the original beacon chain design.

—terence.eth (@terencechain) April 12, 2023

Shapella (Shanghai + Capella = Shapela) will mainly implement staked Ethereum (ETH) withdrawal functions. In addition, some improvements related to gas price optimization are also incorporated.

connection: What is the ETH “Shanghai” upgrade?Summary of each company’s view on staking cancellation and ETH selling pressure

This upgrade follows “The Merge” in September 2022.

connection: Total Ethereum supply decline, what is the market impact of the Shapella upgrade?

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