Ethereum set to trial staking withdrawals on Shanghai testnet

Ethereum is preparing to launch a user-facing dress rehearsal of its much-anticipated Shanghai upgrade, with a public testnet of the software set to go live Wednesday morning.

This new testnet, which will go live at 10 a.m. ET (15:00 UTC), will provide the ability to test staked ETH withdrawals (EIP-4895). Users won’t immediately have the ability to participate in the simulated withdrawals until the testnet goes through an upgrade on Feb. 7.