ETH Pledge Withdrawal Guide Provides Three Key Functions for Verifiers

On March 8, Consensys released the ETH Pledge Withdrawal Guide, which mentioned that the main achievement of Shanghai/Capella upgrade is to allow the pledgor t…

ETH Pledge Withdrawal Guide Provides Three Key Functions for Verifiers

On March 8, Consensys released the ETH Pledge Withdrawal Guide, which mentioned that the main achievement of Shanghai/Capella upgrade is to allow the pledgor to withdraw their pledged ETH, but more specifically, it will provide three key functions related to withdrawal: 1. It can update the withdrawal voucher of the Ethereum verifier from the old 0x00 type (from the BLS key) to the newer 0x01 type (from the Ethereum address). 2. The consensus level award obtained by partial withdrawal or automatic “withdrawal” from the balance of the active verifier (more than 32 ETH) on a regular basis. 3. Withdraw in full or recover the full balance of the “withdrawal” verifier. Only verifiers with newer 0x01 type withdrawal vouchers are eligible to make partial and full withdrawals. However, there is no need to do so at present, because the verifiers with 0x00 authentication will continue to receive rewards as they have since the birth of the beacon chain. Please note that once the verifier updates its withdrawal voucher from 0x00 type to 0x01 type, it cannot be changed. This is a one-time one-way change of withdrawal voucher from 0x00 to 0x01.

Consensys released the ETH Pledge Withdrawal Guide and recommended partial withdrawal. At that time, the commemorative NFT will be launched

Analysis based on this information:


Consensys recently released the ETH Pledge Withdrawal Guide on March 8, which outlined the various functions related to Ethereum withdrawal, including the latest upgrade in Shanghai/Capella. The primary advantage of this upgrade is that it allows pledgers to withdraw their pledged ETH. However, it is also specifically designed to provide three key withdrawal functions that are beneficial to verifiers.

The first key function of the upgrade is the ability to update the withdrawal voucher of the Ethereum verifier from the old 0x00 type (from the BLS key) to the newer 0x01 type (from the Ethereum address). This is important because only verifiers with the newer 0x01 type withdrawal vouchers are eligible to make partial and full withdrawals.

The second key function provided by the upgrade is the consensus level award obtained by partial withdrawal or automatic “withdrawal” from the balance of the active verifier (more than 32 ETH) on a regular basis. This means that users who regularly withdraw or partially withdraw their balance will receive rewards.

Finally, the third key function allows verifiers to withdraw in full or recover the full balance of the “withdrawal” verifier. This is helpful for those who wish to withdraw their entire balance rather than just partial amounts.

It is important to note that verifiers with 0x00 authentication will continue to receive rewards as they have since the birth of the beacon chain. However, once a verifier updates their withdrawal voucher from 0x00 type to 0x01 type, it cannot be changed. This is a one-time one-way change of withdrawal voucher from 0x00 to 0x01.

In conclusion, the ETH Pledge Withdrawal Guide provides essential information on the three key functions of the Shanghai/Capella upgrade related to Ethereum withdrawal. These functions are beneficial to users who wish to partially or completely withdraw their balances and receive rewards for doing so regularly. Verifiers should also note that once they update their withdrawal voucher to the 0x01 type, it is a permanent change.

Overall, this guide is a crucial resource for any users involved in Ethereum pledging and withdrawal.

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