Ethereum is stepping up its game! The highly anticipated Pectra upgrade is launching May 7, aiming to supercharge the network’s efficiency, scalability, and security—paving the way for more users, apps, and market dominance. 💥
According to Odaily, Ethereum co-founder Vitalik Buterin highlighted the platform’s move towards a simpler, more robust core, taking cues from Bitcoin’s minimalist approach. He’s all in on making the consensus layer leaner and unlocking Layer 2 power using $ZK -proofs and Optimistic Rollups. 🔒⚡
🛠️ What’s in the Pectra Upgrade?
Combining the Prague and Electra upgrades, Pectra packs 11 EIPs including:
EIP-7702: 🔐 Account Abstraction (more flexible wallets)
EIP-7251: ⬆️ Validator Cap Increase
EIP-7691: 📦 Doubles Blob Data Throughput (cheaper L2 tx fees!)
While testnets had some bumps, Pectra is seen as a major milestone in Ethereum’s evolution. 🔗