Ethereum developers deliberate timing for Shanghai upgrade ETH $ETH Blockchain Crypto AllCoreDevs ShanghaiUpgrade
He notes that the team spent time considering how to prioritize things for Shanghai. The hard fork upgrade, which will unlock staked ETH withdrawals as Beacon Chain withdrawals, or EIP 4895, was going to be part of the fork.
Beiko says that the broadest commitment remains that of withdrawals happening quickly, ideally around March, with that being the priority, stating that withdrawals guide the fork. He notes that the final specs of the Shanghai upgrade will be concluded in the next developers' call on Dec. 8, which is the last one for the year.
The Shanghai testnet version, dubbed Shandong, launched on Oct. 18, allowing developers to develop implementations such as the Ethereum Virtual Machine object format. The widely publicized Merge update, which enabled the transition of the network from proof of work to proof of stake, occurred in mid-September.
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