ICYMI: Ethereum unveils the details of the latest progress on pre-Merge testnet Kiln and the next steps in $ETH development ETH
The Kiln testnet recently launched as the final testing phase before The Merge. Following the crucial Kintsugi testnet, it is designed to experiment with transactions and infrastructure. Once Kiln is closed, Merge processes will be emulated in major public Ethereum testnets such as Ropsten, Goerli, Sepolia and so on.While we are close, and this is an incredibly exciting moment for the entire community, the safety of transition, more than any target date, is the #1 priority for The Merge.
Then, Ethereum engineers started working on the Shanghai upgrade. Its agenda includes the introduction of EVM Object Format or EOF, a new type of smart contracts with advanced functionality. The activation of Shanghai will implement EIP-4895, which enables Beacon Chain withdrawals. The partial withdrawal option will allow Ethereum stakers to withdraw rewards, leaving 32 ETH deposits untouched.Reduced fees for Ethereum's L2s are among the most impressive novelties of Shaghai hardfork. It was decided to reduce the cost from 16 gas per byte of CALLDATA to 3 gas/byte.
Then, EIP-4844 would implement a novel Shard Blob Transactions design. As covered by U.Today previously, it paves the way to full-fledged sharding in novel Ethereum .
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