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The Pectra upgrade is the next major milestone for the Ethereum network and is expected to be implemented in the first quarter of 2025. This upgrade is seen as a major improvement to the Ethereum network, aiming to enhance the network's functionality, security and efficiency through a series of technical optimizations and improvements.
It is worth noting that Ethereum developers have decided to split the Pectra upgrade into two parts to ensure the smooth launch of the upgrade and reduce the risk of errors. The first phase is scheduled to be implemented in early 2025 and will include a number of Ethereum Improvement Proposals (EIPs), including a proposal by Ethereum co-founder Vitalik Buterin to improve the wallet user experience. The second phase may involve improvements to the Ethereum Virtual Machine (EVM) and other technical upgrades.
Although the specific implementation date may be adjusted according to actual conditions, the Ethereum community and developers are actively preparing to ensure that the Pectra upgrade can be completed on time and smoothly. This upgrade will have a profound impact on the Ethereum network and its ecosystem, and it deserves close attention from the entire cryptocurrency industry.