🔥 Must-see today! Ethereum major upgrade launched: How will the Pectra testnet upgrade change the industry?
Upgrade timeline overview
Holesky testnet activated: At 21:55:12 Beijing time on February 24, the Ethereum Pectra upgrade was officially launched on the Holesky testnet, which is a key step before the mainnet upgrade.
Next plan: If the test goes smoothly, the Sepolia testnet will follow up with the upgrade on March 5, and the mainnet is expected to be launched around April 8.
💡 Core functions of the Pectra upgrade
1. Leap in wallet experience: Through EIP-7702, user operations will be more convenient, support account abstraction functions, and lower the threshold for novices.
2. The staking limit has skyrocketed 64 times: the staking limit of a single node of a validator has been increased from 32 ETH to 2048 ETH (EIP-7251), attracting more institutions to enter.
3. Layer2 expansion support: optimize the underlying network, accelerate the performance of Layer2 solutions (such as Optimism, Arbitrum), and reduce gas fees.
🌍 Impact on users and the industry
Ordinary users: In the future, using wallets to transfer money and interact with DApps will be smoother, and even manual signatures will not be required.
Stakers and institutions: High staking limits + simplified processes may push Ethereum's staking rate to a new high and enhance network security.
Developer ecosystem: improved compatibility (such as BNB Chain's Pascal hard fork synchronously integrating Pectra functions) to promote multi-chain collaboration.
⚠️ Risks and concerns
Testnet stability: If Holesky/Sepolia has vulnerabilities, the mainnet upgrade may be delayed.
Market volatility: Major upgrades may affect ETH's short-term price, and we need to be wary of overheated speculative sentiment.
🔮 Future Outlook
Developers will finalize the mainnet time at the meeting on March 6. If all goes well, the Pectra mainnet upgrade in April may become a key turning point for Ethereum to move towards a "superchain" ecosystem.
📌 Interactive Topic
Do you think the Ethereum staking rate will exceed 50% after the Pectra upgrade? Come to the comment area to chat!
