<p><span style="font-weight: 400;">The planned <a href="https://www.theblock.co/post/193350/ethereum-developers-target-march-2023-for-shanghai-hard-fork">Shanghai upgrade</a> of the Ethereum network will focus exclusively on ether (ETH) withdrawals, <a href="https://www.youtube.com/watch?v=SmcMwdHZqg8">according</a> to a recent core developers call. </span><span style="font-weight: 400;">Shanghai is an upgrade that will open validator staking withdrawals, a feature presently missing from the network. </span></p> <p><span style="font-weight: 400;">With a <a href="https://www.theblock.co/post/193350/ethereum-developers-target-march-2023-for-shanghai-hard-fork">planned</a> launch of the upgraded mainnet sometime in March, users will be able to access coins that have been staked on the network. </span><span style="font-weight: 400;">These coins became temporarily inaccessible as part of <a href="https://www.theblock.co/post/166708/the-merge-everything-you-need-to-know-about-ethereums-big-upgrade">The Merge</a> — when Ethereum transitioned to proof-of-stake consensus in September.</span></p> <p><span style="font-weight: 400;">To ensure that developers are able to meet the March schedule, they aim to release a public test network for the Shanghai upgrade by the end of February, <a href="https://www.galaxy.com/research/insights/ethereum-all-core-developers-execution-call-152/">according to</a> Christine Kim, a research associate at Galaxy who was on the call.</span></p> <p><span style="font-weight: 400;">During the call, developers agreed not to consider adding Ethereum Virtual Machine Object Format (EOF) — a proposed improvement to the blockchain's EVM programming environment — amid concerns it could delay Shanghai. They agreed to prioritize the withdrawals feature over other potential code changes. </span></p><br /><span class="copyright"><p>© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p> </span>