Ethereum core developers set April 12 for Shanghai hard fork
The upgrade will enable staked ETH withdrawals on the Beacon Chain, completing Ethereum's transition to a PoS consensus. A target date for the highly anticipated Shanghai hard fork has now been set: April 12. Ethereum core developers approved the target deadline during the All Core Developers Execution Layer #157 call on March 16. Initially estimated for late March, the Shanghai mainnet upgrade Features five Ethereum Improvement Proposals (EIPs), including EIP-4985, which will enable staked Ether (ETH) withdrawals on the Beacon Chain, completing Ethereum's transition from Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus. The target date April 12 at 10:27:35 PM UTC, epoch 620,9536, will now be confirmed by developers on GitHub. The fork was initially forecasted for March, but developers later pushed it back to early April. 6209536 4/12/2023, 10:27:35 PM UTC — timbeiko.eth (@TimBeiko) March 16, 2023 Validators will receive rewards payments automatically at periodic ...