The Pectra upgrade, activated on May 7, combines the functionalities of two planned improvements for Ethereum and significantly enhances the network's capabilities.
Overview of Pectra Upgrade
Pectra includes improvements based on the Prague and Electra upgrades, aimed at expanding wallet functionalities and enhancing Ethereum's performance. "The Pectra update plays a key role in the evolution of Ethereum, and the involvement of the developer community takes the network's capabilities to a higher level," noted analysts at CoinGecko.
Key Proposals in the Upgrade
As part of Pectra, several EIPs are planned for implementation, including:
* EIP-2537 - improves operations with BLS signatures, enhancing availability for validators; * EIP-2935 - optimizes storage for data validation; * EIP-7251 - increases the maximum staking size from 32 to 2048 ETH; * EIP-7702 - introduces a new transaction type allowing Ethereum addresses to function as smart contract wallets.
Future of Ethereum After Pectra
The Ethereum community is considering implementing Verkle trees in the Osaka update, which will follow Pectra. Vitalik Buterin noted that Verkle trees will provide more efficient data storage, which in the long run will lead to increased decentralization of the network.
The evolution of the Ethereum ecosystem continues with the implementation of the Pectra upgrade. Upcoming updates aim to enhance user experience and support the growing demand within blockchain technology.
