The world is big, and I am small. Follow me to avoid getting lost. Ethereum Pectra upgrade official announcement: On May 7th, the "Tony Teacher" of the blockchain world is going to do something big! Ethereum is about to get a "makeover"! This upgrade is scheduled to go live on the mainnet on May 7th. As soon as the news broke, the entire crypto circle seemed to collectively drink three cups of espresso—some stayed up all night flipping through the white paper, while others opened trading software with hands shaking like Parkinson's. Even the neighboring Shiba Inu coin was excitedly spinning in circles. What exactly is Pectra? The official statement is "epic technical upgrade", which translates to: "Blockchain Tony Teacher" is going to give Ethereum a full SPA treatment—curling it with a lightning perm (speeding up), fixing its delicate jawline (reducing Gas fees), and doing a photon skin rejuvenation (account abstraction). Why choose May 7th? According to insider information, the project team specifically consulted the blockchain almanac: "Upgrades are favorable, avoid liquidation, a good time to charge ETH". On this day, miners will collectively transform into "blockchain gardeners", burying the new code into the mainnet like planting tulips; DEFI farmers will be on guard with their hoes, ready to reap the benefits of the new protocol; even the NFT monkeys have donned their tuxedos, preparing to party on an even smoother chain. How wonderful will the upgraded world be? Imagine: Gas fee raiders suddenly turn into philanthropists, smart contracts as smooth as Dove chocolate, and your crypto wallet can transform like Sun Wukong's seventy-two transformations—serving as both a safe and a POS machine. Vitalik might wake up in the middle of the night laughing: "Finally, I don’t have to be the firefighter every day!" In the past, every Ethereum upgrade has been like a Super Saiyan transformation, with a thrilling process and a dazzling outcome. However, it is worth noting that despite smooth progress on the technical level, Ethereum's market performance has continued to be sluggish. ETH has just recorded its worst first-quarter performance in seven years, with declining on-chain activity, lower transaction fees, and a reduced ETH burn rate leading to accumulating inflationary pressure on the network. Therefore, whether the Pectra upgrade can become a turning point for Ethereum to revive the market still requires time to verify. What do you think about this upgrade?
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