📢ETHEREUM NEWS
☑️Ethereum $ETH is undergoing a significant transformation with the Pectra upgrade, which promises to improve the scalability, efficiency, and security of the network. Some of the key changes include:
- *Payment of fees with ERC-20 tokens*: Users will be able to pay transaction fees with tokens like USDC or DAI, instead of only with ETH.
- *Account Abstraction*: Greater control over transaction execution and a smoother user experience.
- *PeerDAS*: A data availability sampling system that allows nodes to verify transactions without fully storing them, improving network efficiency.
- *Verkle Trees*: A new data structure that reduces the amount of information that validators must maintain, optimizing data storage and reducing operational costs.
👉Additionally, the Pectra upgrade will be carried out in two phases:
- *First phase*: Will double the capacity of blobs, enable Account Abstraction, and increase the staking limit from 32 ETH to 2,048 ETH.
- *Second phase*: Will implement PeerDAS and Verkle Trees to enhance scalability and data storage efficiency.
👉Other recent developments in Ethereum include:
- *Surpassing Bitcoin*: Ether has surpassed Bitcoin and the cryptocurrency market as a whole with a 15% rise.
- *New staking layers*: The Symbiotic staking layer aims to create a collaborative economic incentive to secure networks and reshape collaboration dynamics across blockchains.
- *Community debate*: Solana briefly surpassed Ethereum in the value of staked tokens, sparking debate in the crypto community about whether this is a bullish or bearish milestone.