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Ethereum’s Pectra Upgrade Scheduled for First Quarter of 2025 Featuring EIP-7702 – Blockonomi

Ethereum’s Pectra Upgrade Slated for Q1 2025

The Ethereum community is buzzing with excitement as core developers announce plans to roll out the Pectra upgrade, Ethereum’s next major upgrade, by the end of Q1 2025. This highly anticipated upgrade, named after Prague/Electra, follows the Cancun upgrade in March and promises to bring significant improvements to the Ethereum network.

Originally expected to launch in late 2024 or early 2025, developers have decided to delay the Prague hard fork to Q1 2025 to allow for more thorough testing and the inclusion of impactful features. The decision to postpone the upgrade was made after considering various deployment timelines, ultimately settling on the Q1 2025 launch date.

The Pectra upgrade is set to address key issues within the Ethereum network, including scalability, security, and user experience. Developers plan to introduce PeerDAS for Rollups to scale, as well as EOF to enhance the Ethereum Virtual Machine (EVM) on both Layer 1 and Layer 2. Additionally, the team is considering replacing EIP-3074 with EIP-7702 and patching EIP-2935 to further improve the network.

One of the most exciting aspects of the Pectra upgrade is the potential integration of the Verkle Tree data structure change, which is expected to significantly expand the scale of the Ethereum network. This enhancement is planned for the post-Pectra upgrade called Osaka in 2026.

Overall, the upcoming Pectra upgrade represents a major milestone for Ethereum, solidifying its position as a leading blockchain platform. With a focus on improving user experience and scalability, this upgrade is sure to meet the growing demands of users and decentralized application developers alike.

As the Ethereum community eagerly awaits the launch of Pectra in Q1 2025, the future of the network looks brighter than ever. Stay tuned for more updates on this exciting development in the world of cryptocurrency.

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