Ethereum’s Pectra upgrade is one of the most ambitious planned for the network and will be implemented in two major phases. Here are some of the most significant changes:
Execution and Consensus Layer Improvements: The update combines improvements from the Prague and Electra updates, focusing on optimizing both the network execution and consensus layer34.
EIP-3074: This standard will allow users to pay transaction fees using funds from another account, simplifying the user experience56.
EIP-7251: This improvement proposal aims to increase the security and efficiency of the network34.
Phased Breakdown: The first phase, scheduled for early 2025, will bring fundamental changes, while the second phase will include more complex updates12.
These changes aim to make the Ethereum network more efficient, secure, and user-friendly.$ETH #ETH