Ethereum can look forward to this ‘stress test’ as Shanghai looms ahead
Christine Kim, the Vice President of Research at Galaxy Digital, recently appeared on a podcast hosted by Laura Shin. Kim, who is an experienced Ethereum researcher, shared her thoughts on the highly anticipated Shanghai upgrade and its impact on the network and ETH’s price.
Ethereum validators have eagerly anticipated the Shanghai upgrade for a while. EIP 4895 is arguably the most-awaited aspect of the upgrade, which will unlock staked Ether and allow its withdrawals.
Speaking about the upgrade, Christine Kim noted that the activation of staked ETH withdrawals on Ethereum is a major milestone.
According to her, Shanghai and Capella aren’t necessarily different upgrades since they both work towards the same goal of enabling withdrawals of staked ETH.
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