Ethereum developers have finally begun testing the withdrawal of staked ETH with the launch of a new developer network.
The development is significant, marking the first steps towards enabling Beacon Chain withdrawals for ETH stakers. The devnet will prepare client teams to enable validator staking withdrawals as early as next year.
Testing Of Staked ETH Withdrawals To Begin
Developers on Ethereum announced the release of a new developer testnet to test validator staking withdrawals. Staked ETH withdrawals are a feature that still needs to be implemented on the network. According to Ethereum developer Marius Van Der Wijden, the new devnet will help set the stage for validator staking withdrawals, which could be implemented as early as next year with the launch of a planned upgrade Shanghai.
Van Der Wijden stated,
“It’s the first devnet that enabled withdrawals on all of these implementations and is a big step forward. It also helps other clients to test their implementation
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