My lovely crypto people! Do you remember the gossip about the famous Pectra upgrade of Ethereum? Well, it's been a month since they released it and it's better than ever! 🥳
It turns out that on May 7th, Ethereum released its Pectra update, which is like a supercharged combo of improvements: the Prague part for the execution layer and Electra for the consensus layer. Can you imagine? This is not just any update, it's the 16th one! And the folks at Ethereum added 11 "Ethereum Improvement Proposals" (EIPs), which are like patches and new features to make the network fly. ⚡️
And what did this monstrous update bring? A little bit of everything!
First, for those who like to "stake" their ETH (that is, keeping it safely to earn more), this is a blast! Now, those who validate the network can stake more ETH, from 32 to 2048 ETH per validator! 🤯 That means it's easier to manage staking and, watch out!, they could even auto-compound the earnings. Money calling for money! 🤑
But it doesn't stop there. They also worked on the user experience, to make it more enjoyable! With the whole "smart accounts" (EIP-7702) thing, your wallets will be able to do things that were previously only for smart contracts! Imagine being able to make multiple transactions at once or having someone else pay your gas fees. Goodbye to the headaches with commissions! 👋
And if we talk about speed and getting more bang for your buck, Pectra really delivered! They increased transaction capacity and lowered the fees, especially for Layer 2 solutions! This means sending money or interacting with Ethereum apps will be faster and much cheaper. Now it feels good to use the blockchain! 💨💸
What was the result after a month? Well, the price of ETH skyrocketed! Many thought there would be a drop (the famous "sell the news"), but the coin surged like crazy, up to 32% in two days, breaking the $2,000 barrier! 📈 People are happy, the market atmosphere is positive, and experts say this is a giant step for Ethereum.
So, pay attention! Although for you, the regular user, there's nothing strange to do with your ETH (they're safe, don't worry!), the improvements will be felt little by little. The future of Ethereum looks bright like the Caribbean sun! ✨$ETH
