You can be on Entrepreneur’s cover!

Sepolia Successful as Ethereum Simulates Shanghai Hard Fork Sepolia is the second of three testnets to run through a similar simulation, the first one being Zheijang

By Saptak Bardhan

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Sepolia, a second test network (testnet) of Ethereum, successfully replicated withdrawals of staked ether (ETH) on Tuesday. The recent development brings the Ethereum blockchain closer to its anticipated Shanghai upgrade, according to a report.

Sepolia is the second of three testnets to run through a similar simulation, the first one being Zheijang. However, the simulation of Sepolia was performed on a closed testnet meaning only Ethereum core developers ran the validators on the testnet.

The entire of concept of testnet revolves around copying a blockchain, in this instance Ethereum and allow developers to test any changes to the applications in a low-stakes environment. The upgrade was triggered at epoch 56832 at 4:04 UTC and finalized at 4:17 UTC. Ethereum has one more test Goerli, planned before Shanghai goes live.

The Shanghai Upgrade will mark Ethereum's complete transition to a fully functional proof-of-stake network, enabling validators to withdraw rewards earned from adding or approving blocks to the blockchain.

Goerli's testing would be the most anticipated given it would be the biggest of the the three testnets. Goerli testnet mimics the main Ethereum blockchain's activity closely.

Saptak Bardhan

Former Trainee Writer

Former Trainee Writer
News and Trends

IT Firm Happiest Minds Technologies Acquires Macmillan Learning India

The deal will likely be finished by April 30 and will cost INR 4.5 crore.

Business News

James Clear Explains Why the 'Two Minute Rule' Is the Key to Long-Term Habit Building

The hardest step is usually the first one, he says. So make it short.

Leadership

You Won't Have a Strong Leadership Presence Until You Master These 5 Attributes

If you are a poor leader internally, you will be a poor leader externally.

Starting a Business

6 Effective Funding Strategies for Startups

Navigating startup financing is complex. Entrepreneurs find themselves at the crossroads of innovation and survival, where a single decision can either fuel their dreams or extinguish their aspirations. Here we look at six ways you can finance your startup to support your business for long-term success.

Science & Technology

AI Will Radically Transform the Workplace — Here's How HR Teams Can Prepare for It

HR intrapreneurs are emerging as key drivers of AI reskilling, thoughtful organizational restructuring and ethical integration, shaping an inclusive future where technology enhances both efficiency and employee development.

Data & Recovery

Better Communicate Data with Your Team for $20 with Microsoft Visio

Visio features a wide range of diagramming tools that can support projects across all industries.