⚙️ ¡PECTRA ACTIVATED! 🔥 The NETWORK of $ETH IS UPDATED with SMART ACCOUNTS, MASSIVE STAKING, and IMPROVED SCALABILITY! 🚀
¡#Ethereum , the pioneering network of smart contracts, TAKES A LEAP FORWARD with the ACTIVATION of the PECTRA update! 🌐 This important update, which took effect today, includes the revolutionary Improvement Proposals of #ETH (EIPs) 7702, 7251, and 7691! 🤩
EIP-7702 TRANSFORMS EXTERNAL OWNER ACCOUNTS (EOA) to ACT AS SMART CONTRACTS! 🤯 This will allow PAYMENT of GAS FEES and make PAYMENTS in TOKENS that are NOT ETH! ⛽️💰
EIP-7251 BREAKS down the BARRIERS of INSTITUTIONAL STAKING! 💪 INCREASES the STAKING LIMIT for VALIDATORS from 32 ETH UP TO the IMPRESSIVE figure of 2,048 ETH! 🐳 This WILL SIMPLIFY OPERATIONS for LARGE STAKERS! 🏦
EIP-7691 BOOSTS the SCALABILITY of ETHEREUM to NEW HEIGHTS! 🚀 INCREASES the NUMBER of DATA BLOBS per BLOCK, IMPROVING the SCALABILITY of LAYER 2 SOLUTIONS and POTENTIALLY SIGNIFICANTLY REDUCING TRANSACTION FEES! 💸
Experts like Sergej Kunz from 1inch and 0xAw from Alien.Base CELEBRATE these IMPROVEMENTS! 🎉 They highlight the introduction of "SMART ACCOUNT FUNCTIONALITY" to deeper levels of the protocol and the IMPROVEMENT of SCALABILITY, BRINGING a USER EXPERIENCE similar to WEB2! 🌐
However, there are also WARNINGS! ⚠️ It is noted that EIP-7702 could INTRODUCE NEW SECURITY RISKS if users sign malicious messages! 🔒
Another KEY update is EIP-6110, which INTEGRATES NEW VALIDATOR DEPOSITS directly into the CONSENSUS LAYER, STREAMLINING the staking process! 💨
Despite concerns about possible ERRORS in CLIENTS after issues in test networks, GENERAL OPTIMISM about PECTRA is STRONG! 💪
What feature of Pectra excites you the most? How do you think this update will impact the future of Ethereum and its ecosystem?
