Ethereum core developers set “April 12th” for the Shanghai hard fork.

The Shanghai hard fork on Ethereum has a set date. That was April 12th by Ethereum core developers. approved Time target during All Core Developers Layer #157 on March 16.

The Shanghai mainnet upgrade will include five Ethereum improvements, including EIP-4985, which will allow Ether (ETH) staked on the Beacon Chain to be withdrawn and complete the Ethereum transition from Proof-of-Work to Proof-of- stake (PoS) complete

The target date is — April 12 at 10:27:35 UTC , epoch 620,9536.

from informationEtherscan’s Ethereum PoS smart contract showed more than 17.6 million ETH in existence, valued at nearly $29.4 billion at time of publication. Analysts expect the upgrade to trigger a short-term sell-off.

The Ethereum roadmap also includes several updates after Shanghai, including “Surge,” “Verge,” “Purge,” and “Splurge.”

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