Ethereum Core Devs Successfully Deploy Mainnet Shadow Fork, Unlocking $26B in Staked ETH

• Ethereum core developers have deployed a successful mainnet shadow fork, a full dress rehearsal of system upgrades, to test the withdrawal capability for ETH staking.
• The Ethereum hardfork, referred to as the Shanghai hardfork, is scheduled for February end and is expected to unlock $26 billion worth of staked ETH in the market.
• The Merge event in September 2022 will be the first major upgrade in the Ethereum ecosystem since it transitioned the Ethereum blockchain into a complete proof-of-stake system.

Ethereum developers have been eagerly awaiting the successful launch of the first mainnet shadow fork as it would help them test the readiness of the withdrawal capability for ETH staking. On Monday, January 23, the Ethereum core developers announced the successful deployment of the same, thus paving the way for the much-awaited Ethereum hardfork, or the Shanghai hardfork, scheduled for February end.

The Shanghai hardfork is a monumental event for the crypto community since it will unlock $26 billion worth of staked ETH in the market. It is the first major upgrade in the Ethereum ecosystem since the historic Merge event in September 2022, when the Ethereum blockchain transitioned into a complete proof-of-stake system. This event allowed users to stake their ETH tokens and receive rewards for doing so.

The mainnet shadow fork is a full dress rehearsal of system upgrades, which helps developers test and identify any design flaws or tweak any outstanding issues that may arise with the implementation of the upcoming hardfork. By successfully previewing the upcoming Ethereum shanghai upgrade, the testnet has reassured the community that Ethereum is still on schedule to deliver the withdrawal features five to eight weeks from now.

The successful launch of the mainnet shadow fork is a testament to the development of the Ethereum blockchain, and its proof-of-stake system. It shows that the Ethereum community is committed to achieving its goals of building a more secure, reliable, and efficient blockchain platform. As the community awaits the launch of the Shanghai hardfork, it remains hopeful that the upgrade will bring about a new era of scalability and efficiency for Ethereum.

Crypto Craze: 3 Cryptocurrencies to Invest In Now!

• Three cryptocurrencies currently enticing investors: Big Eyes Coin, Floki Inu and Baby Doge
• Floki Inu gives its users access to the Decentralised Finance (DeFi) ecosystem and serves as a tool for charitable work
• Baby Doge is a hyper-deflationary system that increases both its scarcity and value over time

Cryptocurrency has been on the rise for many years now, and it shows no signs of slowing down. With the well-known names in the industry such as Bitcoin, Ethereum, and Ripple, there has been an influx of new and exciting cryptocurrencies launching almost daily. Cryptocurrencies run on open-source technology, meaning the launch of a new cryptocurrency is as easy as 1,2,3.

In this article, we will be taking a look at three cryptocurrencies currently enticing investors: Big Eyes Coin, Floki Inu and Baby Doge.

Big Eyes Coin is a crypto asset created to provide an efficient and secure way to transact value between users. It has been designed to make it easy to use, store and trade digital assets. Its low transaction fees and fast network speed make it a great choice for users looking to make quick and secure transactions.

Floki Inu (FLOKI) is heavily inspired by the famed Dogecoin. It merges the popularity surrounding meme coins with real-world applications for its users and serves as a tool for charitable work. The platform is powered by its meme coin, Floki Inu, built on the Ethereum blockchain. It has a metaverse game called Valhalla, allowing users to take part and earn NFTs. By providing a feature that allows users to play to earn and collect the Floki Inu coin, users also have the ability to gain profit.

Finally, Baby Doge (BABYDOGE) is also influenced by the popular meme token, DOGE, taking the role of its internet ‘child’. Baby Doge is a hyper-deflationary system that increases both its scarcity and value over time. It has a built-in burning mechanism that removes tokens from circulation, driving up its value and incentivizing early adopters.

In conclusion, Big Eyes Coin, Floki Inu and Baby Doge are all cryptocurrencies that are currently enticing investors. With the rapid growth and development of cryptocurrency, these three coins are sure to become more popular as time goes on. With their unique features and applications, these coins are sure to be here to stay for the foreseeable future.