The developers of Ethereum are preparing for the long -awaited upgrade of Pectra on Wednesday, planned to bring the biggest code change to the blockchain since the merger in 2022.
Pectra – A mixture of prague + Electra names – consists of two upgrades that occur on the consensus and Ethereum execution layers at the same time.
The upgrade is focused on the more user -friendly and more efficient Ethereum blockchain. Pectra consists of 11 major code changes, or “Ethereum improvement proposals” (EIPS), which will improve the implementation experience on the network, will introduce new portfolio features and update the features of the blockchain.
One of the main changes from the blockchain is EIP-7702, which gives portfolios of intelligent contract capacities, by moving them to a technological trend called “account abstraction”. The change will allow portfolios to add user -friendly features, such as the possibility of paying gas costs with currencies other than ether (eth.)
Another major change, known as EIP-7251, will facilitate the experience of setting up validators. After Pectra, the validators will be able to increase the maximum quantity of ETH that they can integrate from 32 to 2,048, which means that those who put themselves through several validators can now consolidate them under a single node. This should mean that it will take less time to shoot a new node and mitigate the heavy experience of setting up equipment.
Some of the changes in Pectra have been planned for a few years, even if the developers originally targeted all of this to be put online in 2024. However, due to the complexities of code changes, Pectra was delayed until the first quarter of 2025. After the initial delay, the developers tested the Twice of upgrade on two different tests and the two networks have already known bugs, developers to create a third test, delaying the high -end.
“The Pectra fork soon arrives on Ethereum MAINNET! Remember to update your knots,” wrote Parithosh Jayanthi on X.
The price of the ETH has dropped by almost 42% in the last 12 months, while the wider index on the market, Coindesk 20, fell by around 1.5%.
Read more: Ethereum developers lock on May 7 for Pectra upgrading
