Ethereum Developers Split Pectra Upgrade for Streamlined Implementation and Reduced Risk

Ethereum developers recently agreed to divide their upcoming Pectra hard fork into two distinct phases, a strategic move aimed at simplifying the upgrade process and minimizing potential risks such as bugs or missteps. Pectra, originally set to be Ethereum’s largest hard fork to date, had become increasingly complex, prompting concerns about shipping it all at once. A hard fork is a fundamental blockchain update that results in a split from the original chain, and Ethereum utilizes this method to implement significant software changes. By splitting Pectra into two separate upgrades, developers aim to streamline the process and focus on narrower, more manageable aspects of the update.

The decision to break the upgrade into two parts was not entirely unexpected. Developers had previously discussed the growing scope of Pectra and considered the idea of dividing it to avoid the risk of introducing bugs. The first part of Pectra is still on track for early 2025, in line with the developers’ earlier timelines. This first package will include eight Ethereum Improvement Proposals (EIPs), among them the well-known EIP-7702, designed to enhance wallet user experiences. Notably, this proposal was conceived by Ethereum co-founder Vitalik Buterin in just 22 minutes.

The second part of the upgrade remains more flexible, with its final content to be determined over the next few months. Current ideas for the second package include updates to the Ethereum Virtual Machine (EVM) and a feature called PeerDAS, which improves data availability sampling and is particularly advantageous for layer-2 blockchains.

Developers emphasized that the scope of these upgrades might evolve, and finalizing the details too early could be counterproductive. Ethereum Foundation researcher Alex Stokes, who led the decision-making call, acknowledged the challenge of avoiding adding new features but stressed the importance of keeping the initial scope narrow to ensure the second phase can be deployed quickly.

👉Join our Trading Community and Earn Airdrops! 👈

Finally, if you learned something, hit that UP ARROW ⬆️ and SHARE. 🔁

You found this content helpful ?

  1. 1
    Join our free weekly "Bubble Bulletin" for more
  2. 2
    Join us on Discord for live chat and daily updates
  3. 3
    Follow us on Twitter
  4. 4
    Share this content using the buttons below :

Disclaimer

This piece of content is provided for educational and entertainment purposes only. Robin Technologies and Analytics LLC is the firm that distributes 1.2 Labs products. The firm does not provide individually tailored investment advice and does not take a subscriber’s or anyone’s personal circumstances into consideration when discussing investments; nor is Robin Technologies and Analytics LLC registered as an investment adviser or broker-dealer in any jurisdiction.

You should expect no financial returns one way or another based on statements contained herein. These points hold equally for any statements that could be attributed to The Art of The Bubble or any related business entities or personnel operating in association with Robin Technologies and Analytics LLC.

If you decide to buy or invest in anything, then your returns and potential losses are your own. No statements about taxation are taxable advice and you are encouraged to consult your own tax professional. You are also encouraged to do your own due diligence before investing in anything.

RELATED POSTS:

March 25, 2024

May 14, 2024

July 21, 2022

July 8, 2024

July 21, 2022

December 12, 2021

September 11, 2024

September 12, 2024

September 19, 2021

LATEST POSTS:

October 8, 2024

October 7, 2024

October 3, 2024

October 2, 2024

October 1, 2024

September 30, 2024

September 26, 2024

September 25, 2024

September 24, 2024

What do do now?

Join the free 1.2 Labs "Bubble Trading" Bulletin for new trading strategies, macro & sentiment analysis and occasional free airdrops