Highlights of Ethereum's All Core Devs Meeting #207

Most participants in Ethereum's Execution Layer Meeting 207 favored launching a new testnet, Hoodi, over risky fixes to Holesky, which suffered nearly two weeks of non-finality and has a validator exit queue of one million validators. Lido and Eigen Layer preferred a hard fork that would reset Holesky's exit queue, because their tools were built around Holesky and redeploying would take three to four weeks. Hoodi is scheduled to fork on March 26, 2025, followed by about 30 days of stability testing, and the mainnet Pectra fork will not happen before April 26.