The Pectra update will be deployed on May 7 after a series of rigorous tests, the last of which on the Hoodi testnet went smoothly. It represents the most ambitious evolution of Ethereum since March 2024.
Pectra introduces "abstract" wallets equipped with smart contract features, aiming to automate actions, enhance security, and improve accessibility for all users, including institutions.
The EIP-7251 proposal raises the staking cap per validator from 32 to 2,048 ETH, simplifying large-scale staking management and optimizing network efficiency by pooling resources.
Ethereum developers have set May 7 as the deployment date for Pectra, the most ambitious update of the network since March 2024. This decision, made following a call among the protocol's lead developers, comes after the smooth success of the final test conducted on the Hoodi testnet.
