Ethereum to Introduce Pectra Upgrade in Two Phases to Improve Network

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Developers Aim for Early Delivery
  2. Splitting the Upgrade Reduces Risk
  3. The Industry Views Pectra Upgrade Optimistically


    4. Ethereum developers are considering splitting the Pectra upgrade into two phases, which is expected to enhance the network’s efficiency and scalability. The first phase is anticipated to launch in early 2025.

    Developers Aim for Early Delivery

    During the Ethereum execution layer meeting on September 12, a developer indicated that if the upgrade is split, the goal is to release the first part as soon as possible, ideally in early next year.

    If we split, we want to release the first part of Pectra as soon as possible, ideally early next year.

    Splitting the Upgrade Reduces Risk

    It has been suggested that dividing the upgrade may present a safer option, as smaller forks typically carry less risk. The Pectra upgrade combines two separate upgrades: Prague and Electra. While the Prague upgrade focuses on modifications in the execution layer, the Electra upgrade impacts the consensus layer.

    Developer Danno Ferrin added, 'It only makes sense to consider a split if delivery is thought to be in the first quarter.'Danno Ferrin

    The Industry Views Pectra Upgrade Optimistically

    Galaxy crypto researcher Christine Kim believes that due to the complexity of the current Pectra fork and the desire to add more to the upgrade, a split is likely. Developers will make the final decision on this matter during the next Ethereum All Core Developers (ACD) call on September 19.

    If developers split the upgrade into two hard forks, the scope of the Pectra upgrade could dramatically change.Christine Kim

    The division of the Pectra upgrade presents both opportunities and challenges for the Ethereum community. While a quicker and less risky update can contribute to the network’s short-term growth, the expansion of scope and increased complexity may affect long-term goals. The decisions made by developers will be critical in determining the future scalability and functionality level of Ethereum.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Developer Releases 56 Billion TikTok Video Metadata on Hugging Face

A developer known as hashfunction has released a dataset containing metadata for about 56 billion public TikTok videos on Hugging Face.

user avatarMaya Lundqvist

Ongoing Legal Battles Over TikTok Data Scraping Practices

The legality of data scraping from TikTok is currently being challenged in court, with Reddit suing Perplexity and three data-scraping firms for allegedly harvesting content for AI training.

user avatarKaterina Papadopoulou

Fairshake Launches Bipartisan Campaign to Support Pro-Crypto Lawmakers

Fairshake is launching a bipartisan campaign to support 32 incumbent candidates in the House, focusing on those who back the House CLARITY market structure bill, with an initial commitment of $6 million in independent spending.

user avatarLeo van der Veen

Binance Introduces AI-Driven Trading Tools

Binance launches a suite of AI products aimed at enhancing trading experiences for various user levels.

user avatarLi Weicheng

Binance Announces Dividend Reinvestment for Tokenized Stocks

Binance has announced a dividend reinvestment process for holders of its Oracle and Marvell tokenized stocks, where dividends will be reinvested into additional fractions of the same securities.

user avatarAisha Farooq

Cryptocom Enhances Trading with Insilico Terminal Integration

Cryptocom has announced an integration with Insilico Terminal on October 6, allowing users to connect their Cryptocom Exchange accounts directly to Insilico's trading platform.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.