Ethereum Core Developers Target Pectra Release in Q1 2025

IconCryptoNewsTerminal Staff25 May, 2024

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Ethereum Core Developers Target Pectra Release in Q1 2025

Ethereum Core Developers Target Pectra Upgrade Release in Q1 2025 The highly anticipated Pectra upgrade for Ethereum (ETH) is on track for release in the first quarter of 2025, according to the Ethereum core developers. This major upgrade combines the Proto-danksharding and Shanghai upgrades, bringing significant improvements to both the execution and consensus layers of the network. Key Features of the Pectra Upgrade EIP-3074: This set of proposed changes aims to improve the user experience by optimizing network performance and reducing gas costs. EIP-7251: This proposal increases the per-validator staking limit from 32 ETH to 2,048 ETH, making it easier for institutional stakers to participate in the network. The inclusion of EIP-7251 is particularly noteworthy, as it reduces the burden on validators who previously had to set up new validators each time they added 32 ETH to their stake. This change is expected to streamline the staking process and improve the overall efficiency of the network.