Shapella update for Ethereum and EVM launch for EOS. April's main events

Shapella update for Ethereum and EVM launch for EOS. April's main events

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Author: Robert Strickland (crypto expert)
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Shapella update for Ethereum and EVM launch for EOS. April's main events

  • Aelf (ELF) - update V1.3.0

Aelf (ELF) project is scheduled to update on April 6, 2023, which will happen on block number 143556163 in the main network and on block 136482060 for sidechains (branches of the main network). With the update, the token will have new contract deployment methods, multi-token contracts will become available, it will be possible to verify the contract version, and the remuneration calculation in the management process will be fixed.

Aelf is a Chinese crypto project whose development began in 2017. Aelf's blockchain consists of a main chain and schemes (side chains), to which external networks (Bitcoin, Ethereum, etc.) and internal subnets are connected. Due to this blockchain structure, the network is not overloaded and is easily scalable. The developers aim to create a kind of decentralized operating system for all blockchains that works in the cloud.

 

  • World Mobile Token (WMT) - a new balance sheet snapshot

On April 9, 2023, another snapshot of the early WMT token stacker balances will be produced. A month before that, users were given the opportunity to collect rewards for the February snapshot. They can be received on the wallet or added to the active stacking. Snapshots will be held until the main network launches. The World Mobile Token project runs on the Cardano network, its researchers are trying to create a new global mobile network based on the sharing economy and make digital services (online banking, healthcare, education) available.

 

  • Ethereum (ETH) - Shapella Update

The Ethereum core network update is scheduled for April 13, 2023, at 1:27 a.m. and will be activated after reaching epoch (the time interval for block formation on the network) numbered 194048. Shapella includes two updates, Shanghai and Capella. After their activation, validators participating in stacking will be able to collect the stacking reward and withdraw the initial pledge of 32 ETH.

Currently, about 17.5 million ETH is blocked in stacking and about 1 million ETH is received in rewards. After the update, each block will process up to 16 withdrawal transactions. Thus, it will take about five days to withdraw rewards alone.

  • EOS (EOS) - EVM launch on the main network

On March 27, a new test network was launched for final security testing of the new update, after which the Ethereum Virtual Machine (EVM) will be available on the main network. On April 14, EVM beta testing will begin on the main EOS network.

EVM is the software environment responsible for running algorithms on the Ethereum network. It will allow EOS developers to run smart contracts and decentralized applications.

 

  • Zilliqa (ZIL) - EVM launch on the core network

EVM compatibility is scheduled to launch on Zilliqa's core network on April 25. Once updated, users will be able to transfer ZIL tokens using Ethereum-compatible wallets (such as MetaMask) and deploy smart contracts in the Solidity programming language used by Ethereum. Going forward, EVM compatibility will be expanded to include full compatibility between Scilla and Solidity smart contracts.

This functionality will be gradually introduced first to the test network and then to the main Zilliqa network. The Zilliqa blockchain project was founded in 2017 and aims to solve scalability problems by using sharding technology.

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