As PoS testing continues, ETH developers implement the first-ever 'shadow fork'

Depricated as of Oct 2022

Some CRYPKYP functionalities are depricated as of October 2022 and will no longer be populated until further development and future version.
Although all here is visible and interactable you can not Contribute to those articles.
Try looking at other information on the Platform and Contributing there!

Have a great day,

As PoS testing continues, ETH developers implement the first-ever ‘shadow fork’

As PoS testing continues, ETH developers implement the first-ever 'shadow fork'
1649742194 12 Apr / 05:43

On Monday, Ethereum developers conducted the network's first-ever "shadow fork," a significant step toward the network's ongoing transition to proof-of-stake (PoS) consensus.

According to Ethereum Foundation engineer Parithosh Jayanthi, the shadow fork enables developers to test their assumptions about the network's complicated transition to PoS. "The aim of the Kiln merge testnet was to allow the community to practice running their nodes, deploying contracts, testing infrastructure, etc.," he tweeted on Sunday.

Kiln is the last testnet of the so-called merging, which entails switching Ethereum’s Execution Layer from proof-of-work to proof-of-stake. The Ethereum Foundation hailed the merger in a March 14 blog post as the “culmination of six years of research and development” to make the network more secure and energy-efficient.

Marius van der Wijden, a developer at the Ethereum Foundation, confirmed that PoS testing was begun on Monday. “Today will be the first mainnet shadow fork ever. We’re roughly 690 blocks (~2 h) away from TTD,” he tweeted.

Positive events around the merger have contributed to an increasingly positive narrative for Ethereum, allowing the Ether (ETH) price to break out of a months-long downturn briefly. While ETH and the larger cryptocurrency market are reeling from a new round of risk aversion, the potential of collecting passive Ethereum network rewards has piqued investor attention.

According to industry data, the total amount of ETH staked on Ethereum’s Beacon Chain is rapidly reaching 10.9 million, with the average balance sitting at 33.5 ETH. Beacon Chain now has over 340,000 validators, a 13% increase since early March, when the 300,000th validator was registered.

Last News and Media
CRYPKYP contain links to third-party websites, resources, and advertisers. CRYPKYP does not control, sponsor, recommend or otherwise accept responsibility for any third-party content because we are not responsible for the availability of these outside resources or their contents or privacy practices. It will help if you direct any concerns regarding any third-party content to such a third party. We don't accept responsibility for the content of external websites linked to through the Site or the Services. Third-party content is accessed at the user's own risk. CRYPKYP distributes content from third-party publishers as indicated on the site from time to time mainly in Airdrops, News / Media, Whale Alerts, and Rumors. In these circumstances, CRYPKYP only provides limited stylistic input to the content. CRYPKYP does not verify and takes no responsibility for the accuracy of the content provided by any such third-party publishers.