Details on the planned Pectra update for Ethereum.
September 13, Christine Kim, a researcher at #Galaxy Digital, explained on Site X that
the next Pectra update for #Ethereum will likely be split into two phases, with the first scheduled for early 2025
the next Pectra update for Ethereum will likely be split into two phases due to its complexity.
the network developers plan for the first phase to appear as early as February 2025. It is expected that the developers will make a final decision on splitting the update into parts at their next meeting.
the next Pectra update for Ethereum, which is expected to be one of the most important updates to the network, may be split into two hard forks due to its complexity.
This was announced on September 12 by Tim Beyko, head of protocol support at the Ethereum Foundation.
September 13, Christine Kim, a researcher at Galaxy Digital, explained on Site X that this decision is due to the large number of updates planned for Pectra. These updates could include more than 20 Ethereum Improvement Proposals (EIPs), with another six updates under consideration.
Kim noted that the first phase of updates could be launched as early as February next year, with the second phase in the second half of the year.
The first phase will include all elements of devnet 3, including the long-awaited EIP 7702 backed by Vitalik Buterin. This EIP aims to allow Externally Owned Accounts (EOAs) to act as wallets for #smart contracts, improving security and user experience during transactions. Other Phase 1 updates include EIP 7251 and EIP 6110, which aim to enable on-chain escrow of validators.
Phase 2 will focus on the implementation of Ethereum Virtual Machine (EVM) Object Format (EOF) and PeerDAS. EOF is a container system for optimizing EVM code and is an important step forward for Ethereum.
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