Withdrawals are coming! — Ethereum devs confirm epoch for Shapella fork

Ethereum devs have confirmed that the much-anticipated Shapella fork will take effect on Ethereum's Beacon Chain at epoch 194,048, which is scheduled for 10:27:35pm UTC on April 12.

What is Shapella Fork?

Shapella is a proposal aiming to address the scalability issues of the Ethereum blockchain. In short, it is a hard fork that introduces a new block reward scheme and block time. The aim is to increase the throughput of the network and help it scale as it grows.

What is epoch 194,048?

Epoch 194,048 is the block number at which the Shapella fork will take place. This is a fixed block number that the Ethereum developers have agreed upon for the hard fork.

What does this mean for users?

For Ethereum users, this means that transactions will be faster, fees will be lower, and the network will be able to handle more transactions without delays. This should make Ethereum more attractive for developers and users alike.

Conclusion

Ethereum’s Shapella fork is scheduled to take effect at epoch 194,048, which is set for 10:27:35pm UTC on April 12. This hard fork should improve the scalability and performance of the Ethereum network, making it more attractive for developers and users.