Ethereum Testnet Processes First ETH Staking Withdrawals

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Ethereum Testnet Processes First ETH Staking Withdrawals
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An Ethererum test network successfully simulated withdrawals of staked $ETH for the first time this week, bringing the blockchain yet another step closer to its historic transition to a fully featured proof-of-stake network.

"On the Zhejiang testnet, partial and full withdrawals as well as BLS changes are included in the execution payload," Barnabas Busa, a DevOps engineer at the Ethereum Foundation, told CoinDesk."We have a successful fork." BLS changes allow people to change their withdrawal credentials to properly process staked ether withdrawals.

Zhejiang is the first of three testnets to run through a simulation of Shanghai. Testnets duplicate the main blockchain, and allow developers and users to test any code changes to their applications in a low-stakes environment.Shanghai will be the first hard fork for Ethereum since it

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