Ethereum's Shapella transition is live and enables validators to withdraw locked ETH.
another milestone on the road to the Shanghai upgrade, with the Shapella fork on the Zhejiang testnet moving into the final pre-launch sequence, according to a blog post on Feb 10.
The Shapella transition includes"many features," and"most importantly to stakers and the consensus-layer, is the enabling of withdrawals," notes the post, adding that: "Full withdrawals will be available for exited validators, whereas partial withdrawals will be available for active validator balances in excess of 32 ETH."
As per the announcement, validators to participate in withdrawals must have a 0x01 execution-layer withdrawal credential."If a validator currently has a 0x00 BLS withdrawal credential, they must sign a change operation to 0x01 to enable withdrawals," notes the Ethereum team. Shapella refers to two Ethereum' upgrades —"Shanghai" and"Capella" — allowing withdrawals on the execution layer, as well as the enhancement of the Beacon chain consensus layer. The move is especially helpful for ETH (
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