In addition, Axel will talk about the shadow fork of the Ethereum Shanghai update. What are you telling me?
What is that?
First of all we will explain the term Shadow Fork: This is a test version of the real blockchain. You can see it as a precursor to a soft or hard fork (latest updates). These test versions are important, otherwise the real Ethereum network may experience problems.
You may think: what shadow fork, do I need to know all about it? No, you don’t, although it’s good to know that the shadow fork was successful!
The Shanghai update should bring the next big improvement to the Ethereum network. At the moment, attackers are still unable to withdraw their Ethereum from staking (locking coins for a periodic reward). You are bound by the contract and this Shanghai update may change that. Watch the video to see what this means for you!
always stay informed
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Source: Btc Direct
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.