Ethereum developers set a target date of April 12 for its long-awaited Shanghai hard fork during the All Core Developers Execution Layer #157 call Thursday.

The Shanghai upgrade, more accurately called "Shapella," marks the completion of Ethereum’s full transition to a proof-of-stake (PoS) network, and will finally enable staked ETH withdrawals.

Once the date is voted on by developers and confirmed via GitHub, epoch 620,9536, occurring on or around April 12, will be set in stone for the Shanghai upgrade. This means that Shanghai will be slightly delayed from the developers initial target for March 2023.