How Will ETH React to Ethereum’s Shanghai Upgrade? - Ep. 467

Unchained

ETH staking began in December 2020. With Ethereum’s Shanghai upgrade, which could happen as early as mid-April, withdrawals of staked ETH will finally be enabled. Will validators rush to cash out? Or will Shanghai bring more institutional stakers into the fold? Christine Kim, VP of research at Galaxy Digital, joins the show to discuss how Etheruem’s latest upgrade will affect the network, and maybe even ETH’s price.

Show highlights:

how Christine became an Ethereum expert
what you need to know about Ethereum’s Shanghai upgrade
when Shanghai is expected to go live on mainnet
what the difference is between Shanghai and Capella
possible outcomes following the activation of staked ETH withdrawals
whether Shanghai makes ETH staking more attractive to institutions
why Christine thinks there won’t be much impact on ETH’s price
how Shanghai will impact liquid staking providers
upgrades that are coming to Lido and Rocket Pool
what will happen in Ethereum’s subsequent upgrade: Cancun
what “proto-danksharding” is and how it will help Ethereum scale
what New York Attorney General Letitia James got wrong when she said ETH is a security
how Ethereum development has become more and more decentralized over the years
the next steps in Ethereum’s roadmap
why Christine is still concerned about Lido and staking centralization
what zkEVMs are and why they play a key role in the future of Ethereum scaling