Ethereum has completed the Shanghai upgrade.
BlockBeats reported on April 13th that according to data from OKLink, Ethereum has completed the Shanghai upgrade (Epoch 194048).
This upgrade includes upgrades to the execution layer (Shanghai upgrade), consensus layer (Capella upgrade), and changes to the engine API.
Previously in September 2022, Ethereum successfully transitioned to a Proof of Stake (PoS) consensus mechanism, where staking 32 ETH allows one to become a validator. This Shanghai upgrade adds withdrawal functionality, allowing users to withdraw staked ETH and related earnings.