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March 2023 Is Target For Release of Staked Ether

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Ethereum developers have determined that the network’s next hard fork, dubbed “Shanghai,” will be released in March 2023. This upgrade will include EIP 4895 code, which will allow Beacon Chain staked ether (ETH) withdrawals.

Developers also agreed to address the EVM Object Format (EOF) implementation in Shanghai, which is a collection of EIPs that essentially upgrade the Ethereum Virtual Machine, the environment in which Ethereum can execute smart contracts. EIP 3540, EIP 3670, EIP 4200, EIP 4570, and EIP 5450 are the Ethereum Improvement Proposals (EIPs).

If EOF seems too complicated to implement by the next All Core Developers call planned for Jan. 5, developers agreed they will push back EOF to the fall, so they don’t delay staked ETH withdrawals.

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