EIP7702
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đ Ethereum (ETH) Upgrade on May 7, 2025 Set for Major Leap with Pectra
The Ethereum$ETH
network is gearing up for a transformative update with the Pectra Upgrade, scheduled for May 7, 2025. This update introduces several game-changing features, with a key highlight being the integration of EIP-7702.
đ ïž Whatâs New in the Pectra Upgrade?
đ EIP-7702: A new standard to enhance account abstraction.
đ§ Improved Validator UX: Aimed at simplifying the experience for Ethereum validators.
đ Blob Count Doubled: Doubling the blob count increases data availability and supports scaling via rollups.
đ§Ș Zero Active Bugs: Developers report a clean slate in final testing phases, indicating high readiness for deployment.
⥠AI Analysis:
Ethereumâs historical upgrade patterns show strong correlation with price optimism. The focus on zero active bugs and significant network improvements suggests a potential boost in investor confidence, possibly leading to a positive price breakout post-upgrade.
#Ethereum #ETH #PectraUpgrade #EIP7702 #BlockchainTechnology
network is gearing up for a transformative update with the Pectra Upgrade, scheduled for May 7, 2025. This update introduces several game-changing features, with a key highlight being the integration of EIP-7702.
đ ïž Whatâs New in the Pectra Upgrade?
đ EIP-7702: A new standard to enhance account abstraction.
đ§ Improved Validator UX: Aimed at simplifying the experience for Ethereum validators.
đ Blob Count Doubled: Doubling the blob count increases data availability and supports scaling via rollups.
đ§Ș Zero Active Bugs: Developers report a clean slate in final testing phases, indicating high readiness for deployment.
⥠AI Analysis:
Ethereumâs historical upgrade patterns show strong correlation with price optimism. The focus on zero active bugs and significant network improvements suggests a potential boost in investor confidence, possibly leading to a positive price breakout post-upgrade.
#Ethereum #ETH #PectraUpgrade #EIP7702 #BlockchainTechnology
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#Ethereum #ETH #EIP7702 #Layer2 #莚æŒ
đ Ethereum will welcome the Pectra upgrade on May 7!
This upgrade focuses on account abstraction, staking mechanism optimization, and L2 expansion, with the following core changes:
đč EIP-7702: Account Abstraction Innovation
Externally Owned Accounts (EOA) can be temporarily converted to contract accounts.
Enables transaction batching, Gas sponsorship, multi-signature capabilities, etc.
Replaces the previous EIP-3074, compatible with the future EIP-4337 roadmap.
đč Validator Mechanism Optimization
EIP-7251: Raises the single validator staking limit to 2048 ETH, aiding in node decentralization.
EIP-7002: Allows the execution layer to trigger withdrawals, enhancing withdrawal flexibility.
EIP-6110: Directly pushes validator deposits from the consensus layer, removing network entry delays.
đč L2 Expansion Upgrade
EIP-7691: Increases Blob data throughput, expected to reduce L2 transaction fee costs.
đ Summary:
Pectra is a key step for Ethereum towards "full account abstraction" and "stronger data availability," providing stronger support for L2 and validators, expected to optimize user experience and infrastructure performance.
đ Ethereum will welcome the Pectra upgrade on May 7!
This upgrade focuses on account abstraction, staking mechanism optimization, and L2 expansion, with the following core changes:
đč EIP-7702: Account Abstraction Innovation
Externally Owned Accounts (EOA) can be temporarily converted to contract accounts.
Enables transaction batching, Gas sponsorship, multi-signature capabilities, etc.
Replaces the previous EIP-3074, compatible with the future EIP-4337 roadmap.
đč Validator Mechanism Optimization
EIP-7251: Raises the single validator staking limit to 2048 ETH, aiding in node decentralization.
EIP-7002: Allows the execution layer to trigger withdrawals, enhancing withdrawal flexibility.
EIP-6110: Directly pushes validator deposits from the consensus layer, removing network entry delays.
đč L2 Expansion Upgrade
EIP-7691: Increases Blob data throughput, expected to reduce L2 transaction fee costs.
đ Summary:
Pectra is a key step for Ethereum towards "full account abstraction" and "stronger data availability," providing stronger support for L2 and validators, expected to optimize user experience and infrastructure performance.
See original
đ° #Ethereum successfully activated update #Pectra in the test network #Sepolia .
This is the last stage before the launch in the main network, which is expected in April.
Among the key changes are the increase in staking limits for validators (EIP-7251) and improved support for smart contracts for wallets (#EIP7702 ).
$ETH
This is the last stage before the launch in the main network, which is expected in April.
Among the key changes are the increase in staking limits for validators (EIP-7251) and improved support for smart contracts for wallets (#EIP7702 ).
$ETH
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