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Ethereum developer confirms Shanghai upgrade will not unlock staked tokens : ethereum

by crypetonews
October 16, 2022
in Ethereum
Reading Time: 2 mins read
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I’ve seen this article before; it’s about 4 weeks old. Not sure why it’s being posted here again now, makes me kind of skeptical about whether this was posted in good faith. In the first place, it’s a terrible piece of reporting. Here’s the main excerpt:

Zoltu told CryptoSlate that there is no agreed-upon timeline for withdrawals to be activated at present.

“Many people are shooting for Shanghai, but the core devs haven’t yet discussed what will actually be included…”

With that, the dev confirmed that the Ethereum website is incorrect, explaining the hick-up as a consequence of “everything being decentralized.”

This is a clear misinterpretation of what Micah was saying. The article was posted September 20th, right after the merge. Developers had just finished the Bellatrix+Paris forks, and they had simply not yet sat down together to discuss exactly what EIPs would be considered for Shanghai. So while everyone is on board for trying to get withdrawals into Shanghai, there hadn’t even been an agreed-upon list of Shanghai EIPs yet.

If you find the original source, you will see it was edited to make a correction, which they posted in another article. In the followup, they explain the same clarification I made above.

Since then (well, actually a day before they article was posted, so shame on the writer for missing it), there has been a rough draft of a Shanghai tracking issue on the geth github. This list does contain an EIP for beacon chain withdrawals: EIP-4895. Maurius van der Wijden has continued working on specs for withdrawals, with an update as recently as yesterday. So far so good with getting withdrawals into Shanghai.



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Tags: ConfirmsDeveloperethereumShanghaiStakedTokensUnlockUpgrade
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