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Ethereum’s Shanghai Upgrade Is Complete (coindesk.com)
29 points by jules-jules on April 13, 2023 | hide | past | favorite | 1 comment


Say what you will about crypto in general, but this is a pretty epic level of engineering. It has taken a lot of time and effort, but the core developers have been knocking major features out of the park for the last couple of years. All with a ton of money on the line.

ETH has become deflationary, uses much less power (which also decimated most GPU mining in general), has a better gas calculation mechanism and now withdrawals from a system that securely earns interest, that even beats inflation.

Next up will be better scalability and zkproofs. You have to hand it to the developers, they are doing a great job.




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