This week’s major Ethereum upgrade, Shapella (it was really two upgrades, Shanghai and Capella, in one), brings the network’s multi-year journey to proof-of-stake to a close. With validator withdrawals now live, the Ethereum Foundation’s Tim Beiko explains Shapella’s significance, why EIP-4844 is the next big thing, and what else is on Ethereum’s roadmap.
Show highlights:
- how Ethereum transitioned from a proof-of-work consensus mechanism to proof-of-stake
- what the concerns about enabling withdrawals among developers were
- why the upgrade has “de-risked” staking on Ethereum
- whether there are going to be more solo stakers now that The Merge is fully completed
- what’s next in the roadmap of Ethereum and how EIP-4844 will decrease the cost of posting data for Layer 2s
- what “proposer-builder separation” is and what it intends to solve
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Guest
Tim Beiko, head of the Ethereum protocol developer calls
- Previous appearances on Unchained: Why Ethereum's Merge Was Delayed and Why It Won't Reduce Gas Fees Much
Previous coverage of Unchained on the upgrade:
Ethereum's Shapella Upgrade - What to Expect?
How Will ETH React to Ethereum’s Shanghai Upgrade?
Links
- Unchained: Staked Ethereum Withdrawals Enabled As Shanghai Upgrade Goes Live
- Nansen: The Shanghai Upgrade Dashboard
- CoinDesk: What’s Next After the Ethereum Shanghai Upgrade Known as Shapella
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