#EthereumFuture Ethereum is preparing for a major update with the Pectra upgrade, expected in late 2024 or early 2025. This update aims to significantly improve scalability, security, and user experience, making Ethereum more robust for decentralized applications and blockchain users.
Key Features of the Pectra Upgrade:
1. Account Abstraction (EIP-3074 & EIP-7702):
Account abstraction will allow smart contracts to directly interact with externally owned accounts (EOAs), enabling features like transaction batching, gas fee sponsorship, and enhanced security. This change will make