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What is the Pectra upgrade for the Ethereum network?
basic ideas
The Ethereum Pectra upgrade, which will start in 2025, is set to make the Ethereum network faster, more scalable, and easier to use.
Key changes include allowing users to pay transaction fees on the network with different tokens, speeding up smart contracts, and improving staking rewards for validators.
Long-term benefits include better scalability and lower costs, with features like Verkle Tree and PeerDAS supporting the growth and ease of use of the Ethereum network.
The Ethereum Pectra upgrade, which will start in 2025, is set to make the Ethereum network faster, more scalable, and easier to use.
Key changes include allowing users to pay transaction fees on the network with different tokens, speeding up smart contracts, and improving staking rewards for validators.
Long-term benefits include better scalability and lower costs, with features like Verkle Tree and PeerDAS supporting the growth and ease of use of the Ethereum network.