Ethereum Pectra Upgrade Faces Pressure as April Deadline Nears

The upgrade is expected to be upgraded, a mixture of separate proposals – screws and anthra – in early April, awaiting successful tests.

The developers set the first test on February 26 on the HOLESKY TESTNET, with a follow -up in Sepolia on March 5. If these tests are working smoothly, the official launch date will be determined on March 6. At Ethereum, she confirmed that all eyes are in early April.

Ethereum Pectra Upgrade, scheduled for February 24 and March 5 | Source: Tim Pico

This promotion enhances ethereum basic functions, especially for fighters and wallet users. Eight main changes are provided, with a sharp focus on making the governor easier to use and allow fighters to participate more efficiently. However, the timing cannot be more important because Ethereum faces the increasing pressure of competitors and internal transformations.

Governor get a batch with EIP-7702

One of the most expected updates in Pectra is the EIP-7702, which aims to improve the function of Ethereum portfolios. This proposal is part of a larger batch for “stripping the account”, which is an effort at the level of industry to make the encryption wallets more smooth by allowing users to pay transaction fees in other icons other than ETH.

Benefits of EIP-7702 with Pectra Ethereum upgrade | Source: Ivsti

Practically, the externally owned ETHEREUM accounts (EOAS)-which include most user-controlled portfolios-now support smart nodes functions. This means that the wallet developers can provide new features to simplify transactions, security and ease of use. Improving another key, EIP-7251, will give Ethereum Validators more flexibility.

EIP-7251 simplifies Ethereum Staking by reducing the audit download | Source: Casakin

The proposal increases the maximum of the maximum attention from 32 ETH to 2,048 ETH, which greatly simplifies the extent of the work of the big investigators. Currently, those who want to share more than 32 ETH must run a multiple contract, create long lists and logistical headaches.

Pectra Ethereum upgrade allows ETHEREUM gravitational to reach 2048 ETH | Source: EIP fun

Pectra upgrade from ETHEREUM under pressure with a high temperature of competition

ETHEREUM Time to upgrade Pectra comes in a period of increased scrutiny. Over the past few months, the network has witnessed a competition from competing Blockchains, especially Solana, which has drawn both investors and developers with high -speed transactions and fewer fees.

The original symbol of Ethereum, ETH, was less than bitcoin and other altcoins, raising concerns about whether the ecological system loses momentum. At the time of this report, ETHEREUM is traded at $ 2,703, which represents a slight decrease of 0.29 % in the past 24 hours, according to the Brave New Coin’s ethereum Liquid index.

ETH 0.29 % decreased in the last 24 hours. Source: New Coin’s Ethereum Liquid

Besides market struggles, internal changes within Ethereum added another layer of uncertainty. The Foundation develops ETAREUM and is subject to driving transmission. Recently, an informal vote on Danny Ryan was appointed as a new leader, indicating potential transformations towards the organization.