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…
Cold Wallet
What are Cold Wallets?
A cold wallet is a type of cryptocurrency wallet that is not connected to the internet. Because it is offline, a cold wallet is considered more secure than a hot wallet connected to the internet. As a result, cold wallets are often used to store large amounts of cryptocurrency for long periods, as they are less vulnerable to hacking and other forms of online attacks. Cold wallets can take the form of a physical device, such as a USB drive…
Block Education
@BlockEducation
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