🔥 Ethereum to Upgrade to Pectra Tomorrow
The Pectra upgrade is Ethereum’s most significant update since The Merge in 2022, combining two major hard forks: Prague (execution layer) and Electra (consensus layer). It includes 11 Ethereum Improvement Proposals (EIPs) focused on scalability, staking, security, user experience, and developer tooling.
🟢 Key Highlights:
EIP-7251: Increases the validator staking limit from 32 to 2,048 ETH, making staking more efficient, reducing the number of validators, easing network load, and improving blockchain performance.
EIP-7702: Enables account abstraction for regular wallets (EOAs), allowing advanced functions like transaction bundling and gas payments with other tokens. This enhances user experience and lays the foundation for future smart wallet features.
EIP-7742 & 7691: Expand blob space by 50%, enabling faster and cheaper transactions. This prepares Ethereum for future scaling and improves data availability for Layer 2 solutions.
EIP-6110 & 7002: Improve the staking deposit and withdrawal process. Deposits are now processed directly on the consensus layer, reducing security risks and shortening wait times for new validators, making staking easier and safer.
🎯 Main Goal:
To comprehensively improve Ethereum’s performance — making it faster, cheaper, more secure, and more user- and developer-friendly.
📌 Note:
• ETH users and investors don’t need to take any action.
• Ethereum node operators must update their clients to the latest version.$ETH