Ethereum Shanghai Hard Fork Goes Live on Mainnet on April 12th

Following the recent Goerly testnet launch, Ethereum’s core developers are aiming to launch the Shanghai hard fork mainnet on April 12.

Ethereum developer Tim Beiko announced the launch date for the Shanghai hard fork (also known as Shepela) in a live stream of Execution Layer Meeting 156. The team’s goal is to bring Shanghai onto the main network at epoch 620,9536, after it passes developers voting. on GitHub.

Shanghai had a bumpy hard fork on testnet

On Wednesday, the Goerli testnet was hard forked but received less developer participation. Biko wrote On Twitter, “ETH sucks, less incentive to run/monitor it as a validator.”

He believes that the mainnet launch went smoothly, unlike the Goerli testnet. He telling that testnet nodes are “more likely to run with fewer resources than the mainnet.”

Some users are frustrated by the various delays in the upgrade.

Finally, the Shanghai hard fork will bring relief to users as they can unlock staking Ethereum (ETH) from Beacon Chain. This is one of the biggest upgrades since last year’s merge, which transitioned Ethereum from a proof-of-work to a proof-of-stake consensus mechanism.

The upgrade will unlock over 16 million ETH, which is 14% of the current supply.

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BeInCrypto has reached out to the company or the person involved in the story for an official statement regarding the recent development, but has yet to hear back.

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