### Ethereum Upgrade Plan Announced#
Hot Topic Overview
Overview
The Ethereum development team has announced a timeline for its next major upgrade, Pectra, scheduled for a March 2025 launch. Pectra includes eight major upgrades aimed at boosting Ethereum's speed and efficiency. Among the most anticipated upgrades are EIP-7702, which will improve wallet user experience and enable wallets to be programmed like smart contracts; and EIP-7251, which will raise the maximum amount of ETH that validators can stake from 32 ETH to 2,048 ETH, addressing the staking limitations faced by validators. Pectra was initially planned as a single, large hard fork, but was later split into two parts to ensure a smooth upgrade. Currently, the development team is testing Pectra on Ethereum's Sepolia and Holesky testnets, with an expected rollout to the mainnet in early or mid-March.
Ace Hot Topic Analysis
Analysis
Ethereum plans to undergo a major upgrade called "Pectra" in March 2025. This upgrade will encompass eight key upgrades or "Ethereum Improvement Proposals" (EIPs), aimed at enhancing Ethereum's speed and efficiency. Among the most anticipated upgrades are EIP-7702, which will improve wallet user experience by enabling wallets to be programmed like smart contracts, part of a broader strategy to introduce account abstraction to Ethereum; and EIP-7251, which will increase the maximum amount of ETH that validators can stake from 32 ETH to 2,048 ETH, addressing the significant hassle validators have faced staking ETH and simplifying the process of setting up new nodes. Pectra was initially planned to be Ethereum's largest hard fork yet, but developers decided in September to split the original package in two and reduce the scope of the upgrade. Currently, developers plan to test Pectra on Ethereum's Sepolia and Holesky testnets throughout February. If all goes well, Pectra will be introduced to the mainnet in early or mid-March.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Pectra upgrade will bring speed and efficiency improvements to Ethereum, including improved wallet user experience and increased validator staking cap.
The Pectra upgrade will include several Ethereum Improvement Proposals (EIPs), the most anticipated of which are EIP-7702 and EIP-7251.
The Pectra upgrade will be the first major improvement to Ethereum since the 2024 Dencun upgrade, and is expected to roll out in March 2025.
The Pectra upgrade will be tested, and if all goes well, will be introduced to the mainnet in early or mid-March.