Ethereum

<p>Ethereum core developers aim to release the Pectra update by the first quarter of 2025, according to the decision made at a recent executive meeting.</p> 
<h2 id="ethereum-targets-q1-2025-for-pectra-upgrade-after-dencun">Ethereum Targets Q1 2025 for Pectra Upgrade After Dencun</h2> 
<p>Pectra is set to be the next major milestone for Ethereum following the successful implementation of the Dencun upgrade in March 2023.</p> 
<h2 id="key-features-of-pectra-upgrade">Key Features of Pectra Upgrade</h2> 
<p>Pectra will introduce the Ethereum Virtual Machine Object Format (EOF), which includes approximately 11 improvement proposals designed to enhance Ethereum's Virtual Machine (EVM) in both Layer 1 and Layer 2 solutions.</p> 
<p>These improvements are expected to benefit both developers and users by increasing the performance and flexibility of the EVM.</p> 
<p>One notable addition in Pectra is the EIP-7251, otherwise known as “increasing maximum active balance.” This offer will allow individual validators to contribute more than the current maximum of 32 ETH, increasing the limit to 2,048 ETH.</p> 
<p>This change aims to reduce operational complexity for validators managing multiple low-consistency accounts by enabling higher-consistency validators.</p> 
<h2 id="replacement-of-eip-3074-with-eip-7702">Replacement of EIP-3074 with EIP-7702</h2> 
<p>In addition to these improvements, Ethereum developers decided to replace the EIP-3074 account abstraction proposal with EIP-7702, a new proposal submitted by Ethereum co-founder Vitalik Buterin.</p> 
<p>EIP-7702 will introduce a new transaction type that allows Ethereum account addresses to temporarily act as smart contract wallets during a transaction and then revert to their original state.</p> 
<p>This innovative feature is expected to increase the flexibility and functionality of Ethereum transactions.</p> 
<p>*This is not investment advice.</p> 
<p><b> Continue Reading: <a href="https://en.bitcoinsistemi.com/ethereum-developers-announced-the-date-of-the-next-update-pectra-update-here-are-the-details/">Ethereum Developers Announced the Date of the Next Update, Pectra Update! Here are the Details</a></b></p>

Ethereum Developers Announced the Date of the Next Update, Pectra Update! Here are the Details

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