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As you probably know, Ethereum developers set a target date of April 12 for its long-awaited Shanghai hard fork,

Once the date is voted on by developers and confirmed via GitHub, April 12 will be set in stone for the Shanghai upgrade. This means that Shanghai will be slightly delayed from the developer's initial target for March 2023.

What do you expect from the price? I'm tracking everything that's going on on Toshi Tools.

I even found one interesting article in which the author of the text explained how he asked ChatGPT for Ethereum’s price prediction after Shanghai lol, it seems that everyone is hyped.

When Ethereum transitioned to a PoS consensus mechanism in September in an event known as the Merge, the network began using validators instead of miners. Validators had to stake 32 ETH in order to approve or add blocks to the blockchain.

Before validators joined Ethereum’s PoS blockchain, they were made aware that their staked ETH and any rewards would remain locked up until Shanghai. Some validators have had their funds locked up since December 2020, when Ethereum’s PoS Beacon Chain went live.

Now, it's interesting that those validators will finally be able to decide after April 12 what they want to do with their stake.

I read that all three tests on Ethereum’s testnets ran smoothly, though the last testnet hard fork on Goerli experienced low participation rates because validator nodes did not upgrade in time.

submitted by /u/CombTimee
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