🔥 #Ethereun will upgrade Pectra tomorrow

The Pectra upgrade is the most significant update of Ethereum since The Merge in 2022, combining two major hard forks: Prague (execution layer) and Electra (consensus layer). The upgrade includes 11 Ethereum Improvement Proposals (EIPs) focused on scalability, staking, security, user experience, and developer tools.

🟢 Some highlights:

EIP-7251: Increases the staking limit of validators from 32 to 2,048 ETH. This facilitates more efficient staking and reduces the number of validators, alleviating network congestion and improving blockchain performance.

EIP-7702: Allows account abstraction for regular wallets (EOA), enabling advanced functions such as transaction bundling and gas payment with other tokens. This enhances user experience and lays the groundwork for future smart wallet functionalities.

EIP-7742 & 7691: Expands the blob space by an additional 50%, allowing for faster transactions and lower costs. This prepares for future scalability measures and improves data provision capabilities for Layer 2.

EIP-6110 & 7002: Enhances the automatic staking participation and withdrawal process. The handling of staking deposits is moved directly to the consensus layer, reducing security risks and shortening the waiting time for new validators. This makes the staking process easier and safer.

🎯 Main objective:

To comprehensively improve the performance of the Ethereum network — faster, cheaper, more secure, and more user-friendly for both users and developers.

📌 Note:

- ETH users and investors do not need to do anything.

- Ethereum node operators need to update their client to the new version.