Ethereum's Pectra upgrade, scheduled for April 2025, merges improvements from the previously planned Prague and Electra upgrades, with the goal of optimizing both the execution and consensus layers of the network. Below are the positive highlights of this upgrade:
Account Abstraction: Pectra introduces the ability to pay gas fees using ERC-20 tokens, such as USDC or DAI, instead of being limited to just ETH. This simplifies transactions and improves the user experience by allowing for more flexible fee payments.
decrypt.co
Scalability Improvements: The implementation of Peer Data Availability Sampling (PeerDAS) and Verkle Trees will allow nodes to verify transaction data without needing to store it entirely, reducing storage requirements and improving network efficiency.
decrypt.co
Staking optimization: The maximum limit of ETH that a validator can stake will be increased from 32 ETH to 2,048 ETH. This will facilitate large-scale validator operations and strengthen the security of the network by incentivizing greater participation in the validation process.
decrypt.co
Smart contract improvements: The upgrade will include optimizations to the Ethereum Virtual Machine (EVM), making the deployment and execution of smart contracts more efficient and less costly in terms of gas.
kraken.com
Preparing for future upgrades: Pectra lays the groundwork for future implementations, such as Danksharding, that seek to further improve the throughput and efficiency of the Ethereum network.
coinbase.com
In short, the Pectra upgrade represents a significant advancement for Ethereum, improving its scalability, security, and usability. These improvements not only benefit current users, but also position the network for broader growth and adoption in the future.
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