• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ethereum to Introduce Pectra Upgrade in Two Phases to Improve Network

user avatar

by Giorgi Kostiuk

2 years ago


  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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Price Faces Sharp Decline and Bearish Trend

chest

Bitcoin's price has sharply declined from over 72,000, entering a bearish zone with significant resistance levels.

user avatarDavid Robinson

Economic Fallout from the Closure of the Strait of Hormuz

chest

The closure of the Strait of Hormuz is causing widespread economic repercussions, with rising prices for various commodities and potential shortages.

user avatarAndrew Smith

Iran's Closure of the Strait of Hormuz Causes Oil Market Turmoil

chest

Iran has closed the Strait of Hormuz and attacked ships, leading to significant disruptions in the global oil market.

user avatarJacob Williams

Trump's Ultimatum: Restore Passage Through Strait of Hormuz

chest

US President Donald Trump has issued a 48-hour ultimatum, threatening to destroy Iranian power plants if free passage through the Strait of Hormuz is not restored by Monday night.

user avatarZainab Kamara

Hailey Welsh Advises Caution in Crypto After HAWK Token Experience

chest

Hailey Welsh warns others to avoid the crypto industry after her negative experience with the HAWK token.

user avatarAyman Ben Youssef

HAWK Token Launch Leads to Death Threats for Promoter Hailey Welsh

chest

Hailey Welsh, known as the Hawk Tuah Girl, faced severe backlash and death threats following the disastrous launch of the HAWK token in December 2024.

user avatarSon Min-ho

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.