PectraUpgrade
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Ethereum is up 8% since last week, and over 3% today - yet there’s been an overall retreat when examined over a broader timeline.
However, the current growth of $ETH has many strong reasons:
🔹Staking Surge: Nearly 29% of ETH is now staked, showing strong support from whales and institutional investors. This could mean reduced supply, which may stabilize prices.
🔹Network Upgrades: The recent Pectra fork is set to improve Ethereum’s scalability, making it even more developer-friendly.
🔹Decentralization Focus: Vitalik Buterin’s ongoing efforts to address staking centralization are key to keeping the network secure. 🔑
With strategic upgrades and investor accumulation, ETH might be setting the stage for a future rally!
#Ethereum #VitalikButerin #Vitalik #PectraUpgrade
However, the current growth of $ETH has many strong reasons:
🔹Staking Surge: Nearly 29% of ETH is now staked, showing strong support from whales and institutional investors. This could mean reduced supply, which may stabilize prices.
🔹Network Upgrades: The recent Pectra fork is set to improve Ethereum’s scalability, making it even more developer-friendly.
🔹Decentralization Focus: Vitalik Buterin’s ongoing efforts to address staking centralization are key to keeping the network secure. 🔑
With strategic upgrades and investor accumulation, ETH might be setting the stage for a future rally!
#Ethereum #VitalikButerin #Vitalik #PectraUpgrade
Tim Beiko posted a roadmap for upcoming #PectraUpgrade for #ethereum blockchain. Key points include:
1. Pectra-devnet-4 is tentatively set to launch by October 17. This is a developer network where teams can experiment with new features.
2. The EL test release (Execution Layer) is expected by October 11, allowing teams to test transaction processing and smart contracts updates.
3. Teams are advised to review the 7702 RPC changes, which involve updates to the Remote Procedure Call protocols used for communication between blockchain nodes.
4. A #BLSBreakout is scheduled for October 14 to finalize the specifications for Boneh-Lynn-Shacham (BLS) signatures and determine gas pricing (transaction fees).
5. The #Pectra Public Testnet is expected to go live before #Devcon , giving users a chance to test new features on a public blockchain test environment.
This roadmap outlines significant milestones for the project leading up to the Devcon event.
1. Pectra-devnet-4 is tentatively set to launch by October 17. This is a developer network where teams can experiment with new features.
2. The EL test release (Execution Layer) is expected by October 11, allowing teams to test transaction processing and smart contracts updates.
3. Teams are advised to review the 7702 RPC changes, which involve updates to the Remote Procedure Call protocols used for communication between blockchain nodes.
4. A #BLSBreakout is scheduled for October 14 to finalize the specifications for Boneh-Lynn-Shacham (BLS) signatures and determine gas pricing (transaction fees).
5. The #Pectra Public Testnet is expected to go live before #Devcon , giving users a chance to test new features on a public blockchain test environment.
This roadmap outlines significant milestones for the project leading up to the Devcon event.
Ethereum’s ‘Pectra’ Upgrade Set for Multi-Phase Rollout
Ethereum developers have decided to split the upcoming ‘Pectra’ upgrade into multiple phases after concerns about its complexity were raised. The first phase, targeting early 2025, will bring significant changes to the network. This split will allow for a smoother, less risky rollout of the upgrade, which focuses on improving both the execution and consensus layers.
Expect the first stage of this pivotal update by February 2025, with the full implementation likely by mid-year. Exciting times for $ETH!
#Ethereum #Blockchain #PectraUpgrade
Ethereum developers have decided to split the upcoming ‘Pectra’ upgrade into multiple phases after concerns about its complexity were raised. The first phase, targeting early 2025, will bring significant changes to the network. This split will allow for a smoother, less risky rollout of the upgrade, which focuses on improving both the execution and consensus layers.
Expect the first stage of this pivotal update by February 2025, with the full implementation likely by mid-year. Exciting times for $ETH!
#Ethereum #Blockchain #PectraUpgrade
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Ethereum Prepares for Pectra Update: Opportunities for Growth
Ethereum, the leading blockchain platform, is approaching its next milestone, the Pectra update, scheduled for early 2025. Developers are discussing the possibility of splitting this major update into several stages to ensure a smoother transition to new features. This decision is attracting the attention of both technologists and investors, as such changes could have a major impact on the cryptocurrency market.
