According to Odaily Planet Daily, Ethereum users may no longer have to worry about losing their seed phrases again after the Pectra hard fork, thanks to the new "social recovery" feature in the EIP-3074 upgrade plan. Ethereum Improvement Proposal EIP-3074 has been confirmed by Ethereum core developer Tim Beiko to be included in the Pectra hard fork upgrade. The upgrade will allow ordinary Ethereum wallets to get "supercharged" with several new smart contract features, including the ability to recover assets.

To take advantage of this social recovery tool, users must first transfer ownership of their assets via a digital signature to a caller contract, which will perform future transactions and function calls on the user's behalf. When ownership is delegated, if the user loses or forgets their seed phrase, the message in the digital signature will enable them to retrieve their assets. This functionality will be achieved by implementing the "AUTH" and "AUTHCALL" opcodes.

In addition, on April 12, the 185th executive meeting of the Ethereum core developers was held. The meeting minutes showed that EIP 2935 and 3074 have been confirmed to be included in the Pectra upgrade; EOF and EIP 7623 have been considered for inclusion, and a final decision is expected to be made soon; EIP-7667 and Verkle migration have been considered for inclusion in the Osaka upgrade.