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  "title": "Ethereum’s Shanghai Upgrade Is Complete, Starting New Era of Staking Withdrawals",
  "note": "I think Ethereum has tremendous potential. It is the most exciting thing in crypto to me. After a successful move to proof-of-stake, Ethereum is now allowing staking withdrawals.\n\n> Ethereum's Shanghai hard fork, also referred to as \"[Shapella,](https://www.coindesk.com/tech/2023/03/02/shanghai-capella-shapella-how-ethereum-devs-now-refer-to-upcoming-upgrade/)\" has been finalized, enabling withdrawals for users who have \"staked\" their ether ([ETH](https://www.coindesk.com/price/ethereum/)) to secure and validate transactions on the blockchain.\n> \n> The Shanghai upgrade [was triggered at 22:27 UTC](https://blog.ethereum.org/2023/03/28/shapella-mainnet-announcement), and finalized at about 22:42 UTC.\n> \n> Roughly half an hour after the Shanghai upgrade was activated, some 285 withdrawals in epoch 194,408 had been processed, for about 5,413 ETH ($10 million worth), according to [beaconcha.in](http://beaconcha.in/).\n\nThis is another huge milestone and creates a level of sustainability in the staking ecosystem for Ethereum that should give it incredible durability for a very long time. ",
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