Tomorrow, Ethereum will upgrade to the Prague mainnet
The market has actually already reacted to this upgrade
At the end of March, the Prague upgrade encountered errors, and Ethereum once dropped to 1380.
Although the upgrade has been postponed several times, it has now been confirmed that the upgrade will take place tomorrow.
What are the differences after the upgrade?
First, there will be an increase in speed, although it is still not as fast as the Solana chain, which is also POS. The specific reason is that Solana's validating nodes are more centralized, while Ethereum's validating nodes are decentralized.
Second, gas fees on the chain can be paid using USDC or DAI. The impact of this on the number of Ethereum holders is subjective and varies from person to person.
Third, the Ethereum staking upgrade allows users to stake up to 2048 ETH at a time, whereas previously, the maximum was 32 ETH. This means they don't have to manage multiple staking accounts to earn more rewards, making the process simpler.
Additionally, gas fees have decreased again, which is not friendly for L2 solutions, further corroborating the recent struggles of ARB and OP.
In summary, from the content of this upgrade, we can see that Vitalik has no particular pursuit of money; everything he does is for his original intention—building a truly decentralized financial network. He does not care about the price of Ethereum.
Follow @不亏的鱼 for more cryptocurrency news, consultation, and analysis. For more content, find me on the homepage.
#ETH #pectra $ETH
The market has actually already reacted to this upgrade
At the end of March, the Prague upgrade encountered errors, and Ethereum once dropped to 1380.
Although the upgrade has been postponed several times, it has now been confirmed that the upgrade will take place tomorrow.
What are the differences after the upgrade?
First, there will be an increase in speed, although it is still not as fast as the Solana chain, which is also POS. The specific reason is that Solana's validating nodes are more centralized, while Ethereum's validating nodes are decentralized.
Second, gas fees on the chain can be paid using USDC or DAI. The impact of this on the number of Ethereum holders is subjective and varies from person to person.
Third, the Ethereum staking upgrade allows users to stake up to 2048 ETH at a time, whereas previously, the maximum was 32 ETH. This means they don't have to manage multiple staking accounts to earn more rewards, making the process simpler.
Additionally, gas fees have decreased again, which is not friendly for L2 solutions, further corroborating the recent struggles of ARB and OP.
In summary, from the content of this upgrade, we can see that Vitalik has no particular pursuit of money; everything he does is for his original intention—building a truly decentralized financial network. He does not care about the price of Ethereum.
Follow @不亏的鱼 for more cryptocurrency news, consultation, and analysis. For more content, find me on the homepage.
#ETH #pectra $ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
2,215.8
+20.08%