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The market has not yet recovered from the Merge update, and developers are actively working on the next one.
After the Merge update on Ethereum, which happened just a few days ago, the developers are preparing for the next major update – Shanghai. It also introduces EIP-4895, which will introduce a system-level “operation” to support the withdrawal of funds from the validator.
The new EIP will provide the ability to transfer validator funds made on the Beacon chain to the EVM. Feedback must be processed at the run level as soon as they are “dequeued” at the consensus level.
Essentially, the EIP update will add a new object type to the execution payload, an operation that separates the withdrawal function from user transactions. With the separation by transaction type, future testing will be simplified, which will also lead to increased security.
As the author of the update stated, this approach is more complex than the “pull” alternative. The new type of output will not have any gas costs, since in the context of carrying out a wider payload, the operating costs of the level are negligible due to the limited number of outputs that can reach the level of execution.
What happens to Ethereum after the merger
Following the completion of the massive Ethereum upgrade, the price of the second-largest asset fell by more than 20% within a few days, as most investors stuck to the “sell the news” rule rather than betting on the asset’s long-term growth.
Unfortunately, most analysts expect the fall to continue as current market conditions will not help Ethereum or any other digital asset for the foreseeable future, at least while US monetary policy tightens.
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