Odaily News Ethereum developers activated the Pectra upgrade at epoch 364032 at 6:05 (EST) today, the most significant network update since the “merge” in 2022. Pectra includes 11 Ethereum Improvement Proposals (EIPs) aimed at improving staking efficiency, user experience, validator operations, and Layer 2 scalability.
The upgrade has been rigorously tested on the Holesky, Sepolia, and Hoodi testnets, with the successful deployment of the Hoodi testnet paving the way for the mainnet upgrade. Core improvements include EIP-7702 to implement account abstraction and support user wallets to execute smart contract logic; EIP-7251 to increase the maximum effective staking limit of validators from 32 ETH to 2,048 ETH; and EIP-7691 to double the throughput of Layer 2 data storage (blobs) to reduce transaction costs. In addition, proposals such as EIP-7002 and EIP-6110 further optimize validator operations and network efficiency.
This upgrade lays the foundation for the future Fusaka upgrade, which will introduce Verkle Trees and PeerDAS technology to achieve greater scalability. (The Block)