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Ethereum developers set a target date of April 12 for its long-awaited Shanghai hard fork during the All Core Developers Execution Layer 157 call Thursday. The The Shanghai version explores three critical Ethereum issues. It makes changes to the EVM object format, Beacon Chain withdrawals, and reduces L2 fees. The What Is the Shanghai Upgrade? The Ethereum Shanghai Upgrade is a hard fork and the protocol’s first major upgrade since ‘The Merge’ in 2025. This network upgrade is After a months-long wait since the Merge, Ethereum developers have set a target date for the network’s highly anticipated Shanghai hard fork. The upgrade will enable

Ethereum Shanghai Hard Fork Upgrade: Set for April 12, 2023

Get the latest updates on the Ethereum Shanghai hard fork, now targeting April 12, 2023! After a months-long wait since the Merge, Ethereum developers have set a target date for the network’s highly anticipated Shanghai hard fork. The upgrade will enable crucial functionality for the Ethereum network.

What Is the Shanghai Upgrade?

The Ethereum Shanghai Upgrade is a hard fork and the protocol’s first major upgrade since ‘The Merge’. Ethereum developers set a target date of April 12 for its long-awaited Shanghai hard fork during the All Core Developers Execution Layer 157 call Thursday. This network upgrade is highly anticipated for its impact on staking and network efficiency.

Key Features of the Shanghai Upgrade

The Shanghai version explores three critical Ethereum issues. It makes changes to the EVM object format, Beacon Chain withdrawals, and reduces L2 fees. Beacon Chain withdrawals are arguably the most significant aspect, finally allowing users to unstake their ETH from the Beacon Chain. Reducing L2 fees will also significantly improve scalability and make Ethereum more accessible for everyday users.

Impact of the Shanghai Hard Fork

The Shanghai hard fork is a crucial step in Ethereum's roadmap, paving the way for future upgrades and enhancing the overall functionality of the network. Stay informed about the latest developments surrounding the Shanghai upgrade and its impact on the Ethereum ecosystem.

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