Ethereum's Pectra Upgrade: Enhancing the Network with EIPs and EVM Changes
CryptoNewsTerminal Staff14 Aug, 2024
Ethereum's Pectra Upgrade: Enhancing the Network with EIPs and EVM Changes
Ethereum, the leading blockchain platform, is set to undergo a significant upgrade known as Pectra. This upgrade will introduce an Ethereum Improvement Proposal (EIP) bundle, known as the Endgame Optimization Frontier (EOF), which will bring a host of enhancements to the network. The EOF includes 11 governance proposals, covering diverse aspects of the Ethereum network. From network code validation to the addition of new features, these proposals aim to optimize and improve the platform's functionality. One notable aspect of the Pectra upgrade is the changes it will bring to the Ethereum Virtual Machine (EVM). As Ethereum core developer Parithosh Jayanthi notes, this upgrade will introduce modifications to the EVM for the first time in several years. These changes are expected to enhance the EVM's capabilities and pave the way for the implementation of new features in the future. The Pectra upgrade is scheduled to be implemented later this year or early next year. It is anticipated to bring significant improvements to the Ethereum network, enhancing its performance, security, and overall user experience.
