Ethereum Shanghai Hard Fork Date Announcement

Ethereum Shanghai tough fork is scheduled on August 20, 2019. The tough fork can be observed through the ST0-1 token migration and the primary section of the Ethereum Shanghai Mainnet Launch.

The Ethereum Shanghai crew has introduced that they'll be walking a tough fork on August 20, 2019. This is to improve the Ethereum blockchain to model 3.0, which incorporates new capabilities which include sharding, cross-shard transactions, and EIP-1283 Byzantium Proof of Stake (PoS) consensus set of rules.

The essential motive of this tough fork is to growth transaction velocity and cope with scalability troubles which have plagued the community for years. The new PoS consensus set of rules can even assist to lessen electricity intake and enhance protection over time.

The Ethereum Shanghai crew has additionally introduced that they'll be walking some other tough fork at a later date in 2020 or 2021 after checking out those improvements for numerous months on a testnet surroundings first earlier than liberating them into manufacturing environments like Mainnet through 2020 or 2021 on the latest.