$ETH Ethereum is preparing for the Pectra update in May 2025
Ethereum is gearing up for its next major update: Pectra, scheduled for May 7, 2025, following successful tests on the Hoodi testnet. This update aims to improve staking mechanisms, wallet functionalities, and the overall efficiency of the network.
Pectra is a combination of two enhancements: Prague (execution layer) and Electra (consensus layer), representing a significant advancement in the evolution of Ethereum.
What benefits will Pectra bring?
Improvements in validator participation.
Optimization of network performance.
Advancements in scalability and security.
With Pectra, Ethereum continues its path towards a more efficient and robust network, paving the way for future updates like Fusaka.
Yes, you read that right. In the Roman Empire, salt was so valuable that soldiers were paid with it. That's where the word "salary" (salarium) comes from. Salt preserved food, healed wounds, and was hard to obtain. It was vital for survival!
Over time, bartering with salt was replaced by metal coins, then paper… and today, digital tokens.
Just as salt was essential in the past, financial knowledge is essential today.
If you mastered salt in the past, you were rich. Today, if you understand blockchain and crypto… you can be too.
More than 1,000 years ago, in ancient China, merchants used large amounts of precious metals like gold and silver for trading. However, due to thefts, a problem arose: transporting and storing heavy metals was dangerous. So, to solve this, merchants began using 'receipts' of paper that represented the value of their gold and silver. That's how the first banknotes were born!
And what does this have to do with cryptos? Just like the first banknotes, cryptocurrencies are creating a form of 'digital money', but without the need for paper or metals. Bitcoin, for example, is a digital receipt that you can easily transfer around the world, without having to physically transport anything.
The history of money has evolved, but the concept remains the same: To find a safe, efficient, and decentralized way to move value.