Ethereum has successfully activated the Pectra upgrade – considered the most ambitious update to date.
Highlights:
• EIP-7702: Allows user accounts to temporarily act like smart contracts, paving the way for gasless wallets, no need for approval.
• EIP-7251: Increases the staking limit to 2.048 ETH, optimizing network performance and profits for stakers.
• EIP-7691: Doubles the amount of 'blob' per block (from 3 → 6), reducing Layer 2 transaction fees.
"Pectra is the beginning of a blockchain experience where you don't have to think about wallets or gas." – Preston Van Loon (Ethereum core dev)
Vitalik Buterin also revealed the next steps with Fusaka and RISC-V, bringing Ethereum to a level as 'simple as Bitcoin'.