Ethereum staking withdrawal testnet is now live! Public version to be released soon.

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Ethereum staking withdrawal testnet is now live! Public version to be released soon.

The founder of the Ethereum newsletter, Evan Van Ness, stated last Saturday (24th) that the testnet for Ethereum staking withdrawals was launched on that day and ran smoothly for the most part.

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The founder of Ethereum news weekly, Evan Van Ness, stated on Saturday, the 24th, that the test network for Ethereum staking withdrawals had been launched on that day and was running smoothly.

In addition, Parithosh from the Ethereum Foundation developers responded that a more public test network will be launched soon, allowing everyone to experience the withdrawal process.

According to previous reports, the Ethereum Shanghai upgrade hard fork is expected to be implemented in March, with ETH staking withdrawals expected to be gradually opened after the upgrade.

Read more: Ethereum's "Shanghai Upgrade" Hard Fork to be Implemented in March, Unlocking Potential Selling Pressure on Ether?