More than a year after the Dencun upgrade on Ethereum, the focus has shifted to Pectra, set to launch by early 2025. Ethereum developers have decided to take a cautious approach, prioritizing user features over rushing a release before Devcon in November 2024. Pectra, following the success of Dencun in March 2023, will introduce the Ethereum Virtual Machine Object Format (EOF) with 11 improvement proposals for EVM code enhancements. Notably, EIP-7251 will raise the maximum validator stake to 2,048 ETH, aiming to simplify management for operators. The community had mixed reactions to EIP-3074, leading to its replacement with EIP-7702 proposed by Vitalik Buterin. EIP-7702 focuses on account abstraction, introducing a new transaction type called 'user operation' authenticated by smart contract wallets, streamlining transactions without signature authentication. Read more AI-generated news on: https://app.chaingpt.org/news

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