This week, Ethereum's core developers decided to split the network's next major update, Pectra, into at least two parts, with the first update to be released around February 2025.
The last few #Ethereum updates, including Dencun in March and Shapella in 2023, have brought significant changes to both blockchain developers and Ethereum users.
What will Pectra bring and how will it affect you?
In a conference call on Thursday, the #core Ethereum developers decided that there were too many items on Pectra's wish list and that releasing all of them at once might make the update too complicated. Instead, they decided to split the update into at least two separate events, with the first part scheduled for early next year.
Several suggestions have already been approved for inclusion in the first update, many of which will have a noticeable impact on Ethereum users.
Image created by Decrypt using artificial intelligence.
On Thursday, a U. S. District Court judge dismissed a lawsuit filed by Etherium software giant Consensys against the U. S. Securities and Exchange Commission (SEC). The judge wrote that the company's claims ultimately "lack merit" because the Commission's alleged conduct was not "conclusive.
The case is not ripe because the plaintiffs have not named a single definitive action by the authorities that would justify their claims, and dropping the lawsuit would create few, if any, difficulties for them.
one of them, for example, is to end the tedious practice of having to hold small amounts of #ETH to pay for gas on the main Ethereum network and many second-tier networks. Currently, gas bills on Ethereum, Base, Arbitrum, Optimism and several other networks in the Ethereum ecosystem must be paid in ETH, regardless of which token is being transferred.
Decrypt, which introduces "account abstraction, allows Ethereum users' wallets to behave more like smart contracts.
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