Pectra: Ethereum’s Next Major Upgrade

In this issue of Coin Metrics’ State of the Network, we break down Pectra’s key changes and what they mean for users, stakeholders, and investors ahead of its expected mainnet activation in April.

Key Takeaways:

• Pectra, Ethereum’s next major upgrade, introduces changes to both the Execution Layer (Prague) and the Consensus Layer (Electra). It is set to go live on testnets in February and March, with mainnet activation expected in April.

• The upgrade introduces key improvements to staking, Layer-2 scalability and user experience (UX), setting the foundation for future changes.

• Key changes include higher validator stake limits, flexible staking withdrawals, enhancements in account abstraction and increased blob throughput, contributing to network efficiency and security.

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