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Ethereum Developers Push Ahead With Update Enabling Withdrawals

Altszn.com by Altszn.com
January 6, 2023
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Ethereum Developers Push Ahead With Update Enabling Withdrawals
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Jan. 5, 2023, 7:06 PM

  • The next network software upgrade is expected in March
  • Shanghai upgrade would enable staked Ether withdrawals

During their first virtual meeting of the year, Ethereum developers said they are pushing ahead with a key software upgrade that would let people withdraw Ether tokens used to operate the blockchain network.

The developers previously said in December that they are hoping to roll out the upgrade in March. While many developers wanted to include several other features into the upgrade, called Shanghai, a slew of those are being delayed in order to enable token withdrawals as quickly as possible.

“We should probably be just removing stuff at this point,” Tim Beiko, who coordinates Ethereum developers, said on the …

Olga Kharif

Olga Kharif

Bloomberg News

© 2023 Bloomberg Industry Group, Inc.

All Rights Reserved

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Tags: AheadDevelopersenablingETHEthereumPushUpdatewithdrawals
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