[ $ETH ]

The Ethereum "#PECTRA UPGRADE "is a significant network enhancement scheduled to launch on May 7, 2025 .

This upgrade combines the "Prague" execution layer and the "Electra" consensus layer updates, aiming to improve scalability, staking, and user experience .

Key Features of the Pectra Upgrade:

1:-ENHANCED SCALABILITY : EIP-7691 doubles the number of data blobs per block, increasing throughput and reducing transaction costs, especially benefiting layer-2 rollups .

2:- STAKING IMPROVEMENTS : EIP-7251 raises the maximum effective balance for validators from 32 ETH to 2,048 ETH, simplifying staking for large holders and improving network efficiency.

3 :- User Experience Enhancements: EIP-7702 introduces account abstraction, allowing users to pay gas fees with tokens other than ETH, making transactions more flexible and user-friendly

4 :- The Pectra Upgrade follows the Dencun update of March 2024 and represents Ethereum's continued efforts to enhance its network's performance and usability.