Ethereum devs create ‘shadow fork’ to test conditions for Ether withdrawals

As the proposed date for the Ethereum Shanghai update draws closer, developers have created a testing environment called a “shadow fork,” according to a January 23 tweet thread by Go-Ethereum developer Marius Van Der Wijden. The new testnet appears to have been created in order to test the conditions needed for Ether (ETH) staking withdrawals, which are currently disabled but are intended to become enabled in the update.

The name of the testnet is “Withdrawal-Mainnet-Shadow-Fork-1.” According to Web3 node provider Alchemy, a “shadow fork” is a fork of the mainnet that is intended to be used only for testing purposes.

Van Der Wijden stated that he and another developer named “Potuz” will create malicious nodes that will send bad blocks and messages to other nodes on the testnet and try to convince them to join a false version of the network. For now, the network is running smoothly, but Van Der Wijden has stated that he wants to “see if Potuz and I can break it.” This is apparently being done to see if the upgrade can prevent malicious attacks or if further changes need to be made before it is implemented on mainnet.

Related: Metamask provides liquid staking solutions from Lido and Rocket Pool

The launch of this testnet comes after devs have expressed an increasing urgency to make Ether staking withdrawals a reality. On Jan. 6, they held a meeting during which they agreed to exclude the proposed EVM Object Format (EOF) from the Shanghai upgrade. EOF was intended to make Ethereum easier to upgrade in the future. But because of its complexity, the devs decided to leave it out of Shanghai for fear that it would delay withdrawal implementation.

Over 14.5 million ETH (over $23 billion worth at the time this is being written) has been deposited into the Ethereum staking contract and cannot currently be withdrawn, according to a December, 2022 report by Nansen. In November, 2022, Ethereum devs came under harsh criticism for allegedly moving the goalpost in regards to enabling withdrawals.

The Shanghai upgrade is currently scheduled to be implemented sometime in March.

All Dutch and English crypto news!

Sens. Warren, Wyden question quality of auditors’ oversight in light of FTX debacle

Two United States senators have taken their questions about the performance of the accounting firms active in the crypto space to a higher power -...

Polkadot restates its case that DOT has ‘morphed’ away from security status

The Web3 Foundation, which supports the Polkadot protocol, has again presented its argument that its native DOT (DOT) token is not a security. In a...

88x Finance partners with Axelar Network for cross-chain yield aggregator

The crypto bear market may be lasting longer than expected, but some Web3 startups see it as the perfect opportunity to build solutions and infrastructure...

Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries

Stablecoins in the cryptocurrency market help provide USD pegged tokens within the volatile industry. In bull markets, the market capitalization of stablecoins tends to decrease...

Beste exchanges

Koop je crypto bij Bitvavo