- March 30, 2023
- Posted by:AssetManagement
- Category:News
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Shapella upgrade to Ethereum scheduled for April 12 (03/29/2023)
The long-awaited Shapella upgrade for Ethereum has been set for a date: Well-known Ethereum developer Tim Beiko has announced the evening of April 12 as the launch date on the mainnet. This will allow Ether previously staked on the Beacon Chain in a smart contract to be de-staked and used or transferred elsewhere. Shapella is a combination of Shanghai, which is the execution layer, and the consensus layer called Capella. This was announced after intensive testing and represents another important development step in Ethereum.(Source)
- Growth through innovation/creativity:
Rather than being constrained by ideas for new products, services and new markets coming from just a few people, a Thinking Corporation can tap into the employees. - Increased profits:
The corporation will experience an increase in profits due to savings in operating costs as well as sales from new products, services and ventures.
- Higher business values:
The link between profits and business value means that the moment a corporation creates a new sustainable level of profit, the business value is adjusted accordingly. - Lower staff turnover:
This, combined with the culture that must exist for innovation and creativity to flourish, means that new employees will be attracted to the organisation.