What is Ethereum's 'Shanghai' upgrade and its significance?
Image Credit: xangle
Ethereum's Shanghai upgrade is set to happen on April 12, 2023. This will be the protocol's first major upgrade since 'The Merge' in September 2022. Dubbed Shapella, also called Shanghai-Capella upgrade, it is set to allow validators to withdraw staked Ether (ETH) from the Beacon chain. The upgrade is significant for the cryptocurrency world.