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…
Syncchains vs Sidechains
Syncchains vs. Sidechains: What is the Difference?
Sidechains have been around since 2014. They are branches of the leading blockchains and aim to strengthen the networks' effectiveness and features. Despite this, sidechains have a couple of shortcomings that make the system far from perfect. Developers in the crypto space proposed the introduction of syncchains as a mitigation solution. However, the two seem to be quite confusing, and not many can tell them apart. Therefore, this article will shed more light on both networks for a better know-how. …
3 years ago 579 views