The Ethereum project has released an official update regarding the next phase called Homestead that will need a hardfork and that will take place at block 1150000 or roughly around Pi Day (March 14th). Homestead is the second major version release of the Ethereum platform, which includes several protocol changes and a networking change that requires the hardfork. This does not mean that Ethereum will be switching to PoS yet, Homestead will continue to rely only on PoW mining with Proof of Stake switch phase planned for a later time in the future. After the Homestead hardfork everything should continue to run normally as it is now.
The Go version of Ethereum (geth) for Homestead will be release 1.3.4 and includes the above mentioned changes to the protocol and network. Following the release of Homestead the Go team will also shortly come with the 1.4 release, which is our big feature release and includes months of work. The C++ version of Ethereum (eth) for Homestead will be version 1.2.0. Apart from the protocol and network changes, it also tries to be as compatible to geth as possible. So make sure you keep track of the development in the newt two weeks as you will have to upgrade your Ethereum client if you are running a local node or have a local wallet when the new versions with support for Homestead become available.
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