Ethereum developers have set March 2023 as a tentative shipping date for the Shanghai upgrade.
The Shanghai upgrade, which was formally known as Ethereum Improvement Proposal(EIP) 4895, would allow Ethereum validators to withdraw their stake Ether from the Beacon Chain `consensus layer.
Ethereum Core Developers has a meeting for the year on Dec. 8, 2022, and they all agreed on focusing on Shanghai to avoid any delays, and the rollout of Shanghai upgrade will be in March 2023.
The Shanghai upgrade, which was formally known as Ethereum Improvement Proposal(EIP) 4895, would allow Ethereum validators to withdraw their stake Ether from the Beacon Chain `consensus layer.
Tim Beiko created a thread on Twitter on what happens in the meeting held by Ethereum Core Developers.
Last @ethereum #AllCoreDevs of the year tomorrow ‼
— timbeiko.eth ☀️ (@TimBeiko) December 7, 2022
It's going to be a big one, where teams hopefully agree about the scope of the next network upgrade.
You can view the agenda here: https://t.co/xqTsKFTViY
And follow along live on the stream: https://t.co/tSF642Ojq2 📺 https://t.co/tJYU8iMmpj pic.twitter.com/8MbOdrv0MB
The developer also discussed including a set of EIPS that essentially, upgrade the Ethereum Virtual Machine(EVM) introducing a new EVM contract format, data separations, and new operation codes.
The all-core dev team also agreed to exclude Ethereum Virtual Machine Object Format (EOF) from the Shanghai upgrade if all client development teams were not ready to test their code at the next hands-on meeting on Jan. 5, 2023. The EOF upgrade makes changes to the execution layer of the Ethereum network.
