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  • On Friday, Ethereum core developer Tim Beiko announced that developer Marius VanDerWijden discovered a vulnerability in the public test network Shapella.
  • With the Shanghai-Capella upgrade, Ethereum’s network will have a stronger base on which to grow in the future.

On Friday, Ethereum core developer Tim Beiko announced that developer Marius VanDerWijden discovered a vulnerability in the public test network Shapella. The problem manifested itself during the full synchronization of empty blocks with no transactions or withdrawals.

The last 4 and a half stressful hours of debugging culminated in this amazing bug fix. We got reports that geth nodes wouldn’t sync the Zhejiang devnet correctly. The issue was that if a block body was empty  (no tx, no withdrawals) we wouldn’t initialize it correctly.

VanDerWijden stated:

Tim Beiko said the flaw can be “easily rectified” and called the test “simple.” For this, the Shanghai developers will notably implement a Hive test.

The Zhejiang testnet primary goal is to test Ethereum staking withdrawals and BLS, a digital signature scheme used to prevent forgery. In Ethereum’s testnet, the validators sign and attest blocks to ensure that all of them follow the consensus rules. Using a signature scheme like BLS can help to address this problem.

Verifying those on-chain signatures may lead to more issues as the number of validators keeps increasing. Tim Beiko Stated:

The devnet had 600k validators, and 360k of them perform withdrawal credential updates right at the fork.

With the Shanghai-Capella upgrade, Ethereum’s network will have a stronger base on which to grow in the future. Investor euphoria may result from this, enabling the second-largest cryptocurrency to briefly hit new annual highs.

The Shanghai upgrade (EIP-4895) will be the first major development since the Ethereum transition from Proof-of-Work (POW) to the Proof-of-Stake (POS) consensus mechanism that took place last year in September.

To clarify, the shanghai update is a well-awaited upgrade to the Ethereum Proof-of-Stake mechanism. The project is most likely to affect the amount of ETH staked from its total supply and consequently have an increase in the demand for ETH.

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