Ethereum’s Shanghai Upgrade Is Complete, Starting New Era of Staking Withdrawals

Buterin said that scaling – making transactions faster and cheaper – will be the next issue that the blockchain tackles after Shanghai. “If we don’t fix scaling before the next bull run, we know people are going to be stuck paying $500 transactions. If, on the other hand, we don’t have Verkle Trees before the next bull run, well, things might might suck, but you know, it’s a much smaller problem than, you know, $500 transactions, right?”

Source: https://www.coindesk.com/tech/2023/04/12/ethereums-shanghai-upgrade-activates-starting-new-era-of-staking-withdrawals/?utm_medium=referral&utm_source=rss&utm_campaign=headlines