Ethereum’s long-awaited Pectra upgrade went live today, introducing sweeping changes to the network. The “most ambitious upgrade yet” introduces features that make crypto wallets and accounts easier to use, such as account abstraction.
Also bundled in the upgrade is EIP-7251, which updates staking rules to lift limits for validators, enabling them to stake up to 2,048 ETH instead of a mere 32 ETH.
One thing that didn’t appreciably change following the upgrade is Ethereum’s price, which largely held steady in the wake of the rollout. For developers, eyes now turn to the upcoming Fusaka upgrade, slated for Q3 or Q4 of this year.
Ethereum Rolls Out Pectra, Its ‘Most Ambitious Upgrade Yet’
The Pectra upgrade enables new wallet smart contract features, enhanced validator economics, and improved scalability on Ethereum.
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🎓️ LEARN: What Is the Pectra Upgrade? Enhancing Ethereum’s Flexibility – Decrypt
Ethereum’s Pectra upgrade boosts scalability, staking, and gas payment options with significant tech enhancements.
