Deep Trend TechFlow news, on September 21, according to Decrypt reports, the Ethereum core development team announced that it will implement the next major network upgrade Pectra in phases. The first phase is expected to be launched around February 2025, focusing on reforming the Gas fee payment mechanism, optimizing the validator pledge system and many other important updates. The EIP-7702 proposal will introduce the concept of "account abstraction", allowing users to use multiple cryptocurrencies such as USDC to pay gas fees, and no longer need to hold ETH to conduct transactions on the Ethereum network. Ethereum core developer Marius van der Wijden said this would significantly improve the user experience.

Another important update, EIP-7251, will allow stakers to receive rewards on amounts exceeding 32 ETH and support validator node merging, which will greatly improve network efficiency. In addition, the EIP-6110 and EIP-7002 proposals will lay the foundation for fully automated and permissionless ETH staking pools. Subsequent phases of Pectra are expected to be launched in 2026 and may include important features such as EVM Object Format (EOF) and PeerDAS, which are expected to further reduce the gas fees of the second-layer network. These upgrades will have a far-reaching impact on the Ethereum ecosystem, improving network performance and user-friendliness.

Earlier news, Ethereum developers reached a consensus at a meeting on Thursday and decided to split the upcoming hard fork upgrade Pectra into two phases.