Lido has completed a key rotation ceremony

Lido has completed a key rotation ceremony for its withdrawal credentials. The ceremony involved signing all withdrawal credential messages, from 0x00 to 0x01, and these messages are now ready to be broadcasted to the Ethereum network after the Shapella hard fork on April 12th.

With Ethereum withdrawals on the horizon, these credentials need to be rotated from 0x00 to 0x01, as the former must be migrated to the latter before partial and full withdrawals can be completed. This rotation is enabled by the Shapella hard fork.

This was the first news I ran across today, second one was this strange Twitter acc 3ST, dunno what to think, so because of my curiosity I needed to share it with you guys to see does anyone know what's that about.

As I read the first rotation message was successfully signed and verified by a node 2.5 weeks ago, and as of last Friday, all 18,632 messages have been signed and validated. However, the messages will only be broadcasted to the network after the Shapella hard fork, meaning that the rotations will not occur until after the fork is live.

Once the hard fork is complete, all Lido validators on Ethereum will be using 0x01 withdrawal credentials.