• The Shanghai Capella testnet is being launched by Ethereum developers this week.
• The MEV-Boost middleware has been implemented to allow validators to access blocks from a marketplace of builders.
• Ethereum core developer, Tim Beiko, has published the dates for the Shanghai activation and the Sepolia testnet.
Ethereum Developers Launch Shanghai Capella Testnet
Ethereum developers are launching the Shanghai Capella testnet this week. This marks an important milestone in their development process as they begin testing an upgrade that includes a Maximum Extracted Value (MEV) Boost.
MEV-Boost Allows Access to Block Marketplace
The MEV-Boost is open-source middleware that allows validators to access blocks from a marketplace of builders. This technology was built by Flashbots, an organization focused on research and development for proof-of-stake blockchain protocols like Ethereum’s network.
Tim Beiko Announces Dates for Upgrades and Testnets
Tim Beiko, an Ethereum core developer, recently released a blog announcing the dates for the Shanghai activation and Sepolia testnet launch. These upgrades will enable stakeholders in the Beacon Chain to withdraw their stake from the execution layer.
Ethereum Has Long Road Ahead for Growth
Danny Ryan, an Ethereum Foundation researcher and network upgrade coordinator, recently commented on how long it will take for Ethereum’s protocol to be “done”. He stated that although progress has been made with recent upgrades, there are still many technological concerns that need to be addressed before they reach their goal of providing secure services for users and clients of the protocol.
Conclusion
The launch of the Shanghai Capella testnet marks a major development step forward in Ethereum’s journey towards providing secure services to its customers and users. While there are still many challenges ahead in terms of upgrading their protocol, progress is being made each day as developers continue testing new features such as MEV Boosts and other upgrades necessary to meet their goals.