The Prague-Electra (or Pectra) upgrade will advance the security, scalability and performance developments achieved by Cancún-Deneb. While its final schedule and activation date are still being discussed, Pectra is expected to be among the most radical updates to the Ethereum (ETH) design.
The Prague-Electra (or Pectra) upgrade will advance the security, scalability and performance developments achieved by Cancún-Deneb. While its final schedule and activation date are still being discussed, Pectra is expected to be among the most radical updates to the Ethereum (ETH) design.
Ethereum Pectra Upgrade to Replace AA and Changes the Game in Betting
Ethereum (ETH) developers have agreed on at least five Ethereum improvement proposals or EIPs that will be included in the Pectra upgrade. The list was shared by Anthony Sassano, an independent Ethereum (ETH) researcher and educator.
Pectra, the next upgrade to the Ethereum network, is shaping up to be the biggest in Ethereum history!
Confirmed EIPs include:
– EIP-7702 (replaces EIP-3074/account abstraction)
– EIP-7594/PeerDAS (big update for cumulative scalability)
– EIP-7251 / MaxEB (bet more than 32…HOT StoriesLargest Ethereum (ETH) Hard Fork Coming: Pectra Agenda AnnouncedSatoshi mystery: Ripple CTO makes unexpected commentKey Reasons Why Polygon (MATIC) Price Could SoarDouble Bullish Bitcoin Godzilla Candle Case Suggested by Samson Mow— sassal.eth/acc 🦇🔊 (@sassal0x) June 7, 2024
EIP-7702 is set to replace the current Ethereum (ETH) account abstraction mechanism, ERC 4337. It will advance the way Ethereum (ETH) accounts perform smart contract activity.
EIP-7594 “Peer-to-Peer Data Availability Sampling” will improve scaling opportunities for Ethereum L2 rollups. EIP-7251 “MaxEB” will increase the participation limit in Ethereum (ETH) PoS and introduce triggerable outputs for its participants.
EIP-2537 is set to add functionality to efficiently perform operations on the BLS12-381 curve, including those for BLS signature verification, according to EF’s main GitHub repository.
Last but not least, EIP-7549 will make consensus voting procedures more efficient by reducing the average number of pairings required to verify consensus rules.
Pectra hard fork expected to go live in Q1 2025
Sassano added that the history expiration feature is currently being considered for inclusion in the next hard fork. Meanwhile, the long-awaited Verkle Trees in Osaka, the first post-Pectra hard fork, are likely to be added.
The Ethereum (ETH) veteran concluded that his particular estimate for Pectra’s activation date is Q1 2025, while in some sources, community enthusiasts are also discussing Q4 2024 as a possible timeline. .
Arman ShirinyanAs Guru-Investingpreviously reported, Prague-Electra upgrade specifications were presented to the community in January 2024.
