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The next upgrade is expected to go live in Q1 2025. Ethereum developers have confirmed a list of Ethereum Improvement Proposals (EIPs) to be integrated into the Pectra upgrade, according to a recent announcement from Ethereum educator Anthony Sassano. Among the notable EIPs are EIP-7702, EIP-7594 (PeerDAS), and EIP-7251 (MaxEB). Proposed by a group of Ethereum developers, including Ethereum co-founder Vitalik Buterin, EIP-7702 targets enhanced account abstraction, allowing addresses to act as smart contracts during transactions. EIP-7702 will replace EIP-3074, an improvement previously suggested by developers. EIP-7702 is expected to bring similar benefits to EIP-3074 while addressing its potential risks. Meanwhile, EIP-7594, or PeerDAS, aims to improve roll-up scalability. This proposal’s key aspect is optimizing layer 2 (L2) solutions like Base and Arbitrum. It is expected to boost transaction processing for L2s. READBitcoin price wobbles ahead of Fed’s rate decisionAdditionally, EIP-7251, or MaxEB, will enable validators to stake up to 2,048 ETH, a substantial increase from the current 32 ETH limit. The upgrade will also feature EOF-related EIPs, EIP-2537, and EIP-7549, focusing on cryptographic improvements and efficiency. “History expiry is also being considered for inclusion in Pectra,” added Sassano. Sassano expects Ethereum’s Pectra to go live in Q1 2025, a timeline similar to that recently announced by Ethereum developers. The upgrade follows the Dencun upgrade which was successfully deployed in March. Sassano said Pectra will be a landmark milestone in Ethereum’s development roadmap. “Pectra, the next Ethereum network upgrade, is shaping up to be the biggest in Ethereum’s history,” Sassano stated.
Dogwifhat, Popcat Continue to Rise as New Meme Coin Pepe Unchained Hits New Presale MilestoneOctober 16, 2024
Skibidi Toilet Meme Coin Hits New All-Time High – Could Crypto All-Stars Follow Suit After Raising $2.1M?October 14, 2024