Ethereum (ETH) News: Pectra Upgrade Divided into Two Phases for Enhanced Performance
Significant Details of Ethereum's Planned Pectra Upgrade
Ethereum's upcoming Pectra upgrade, an essential milestone, may experience a bifurcation into two separate hard forks. This revelation comes from Tim Beiko, the Ethereum Foundation's protocol support lead. The decision is due to the vast array of updates being introduced, expected to encompass over 20 Ethereum Improvement Proposals (EIPs), with additional updates still undergoing review.
Timeline and Phased Implementation
- First phase: Targeted launch in February 2025.
- Second phase: Projected to unfold in the latter half of 2025.
The initial phase will integrate all elements from devnet 3, prominently featuring EIP 7702, which empowers Externally Owned Accounts (EOAs) to serve as smart contract wallets. This pivotal upgrade enhances security and optimizes user interactions during transactions.
Upcoming Enhancements in Pectra 1
- EIP 7251: Focused on enabling validator deposits on-chain.
- EIP 6110: Further improving network efficiency.
Future of Ethereum: A Look at Pectra 2
The second phase will emphasize the integration of the Ethereum Virtual Machine (EVM) Object Format (EOF) and PeerDAS. EOF represents a substantial advancement in optimizing EVM code through its innovative opt-in container system. Concurrently, PeerDAS leverages Ethereum's peer-to-peer architecture to refine data availability and scalability, thereby enhancing the network's resilience.
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