At 15:00 UTC on Wednesday, the much-anticipated Zhejiang testnet for staking withdrawal went live on Ethereum’s Beacon chain. Zhejiang will enable the testing of the Ethereum Improvement Proposal (EIP) 4895 which allows for staking withdrawals. This is in preparation for the network’s next major update, the Shanghai hard fork slated to launch sometime in March. Users Can Make Simulated Withdrawals with Zhejiang In a tweet yesterday, DevOps engineer at Ethereum foundation Barnabas Busa gave details about the Zhejiang testnet slated…
Bitcoin Cash
What is Bitcoin Cash (BCH) and How Does it Work?
Bitcoin Cash (BCH) is a cryptocurrency that was created in 2017 as a fork of the Bitcoin blockchain. It was created in response to concerns about the scalability of the original Bitcoin network. Bitcoin Cash increased the block size limit from 1 megabyte to 8 megabytes, allowing more transactions to be processed per block. In march 2022, the BCH team increased the block size limit to 32MB. According to the developers, this change was intended to make the network faster…
Block Education
@BlockEducation
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