According to a report by CoinDesk, Ethereum developers did not finalize the timeline for the mainnet Pectra upgrade during the All Core Developers meeting held on Thursday. The reason for this is that this upgrade, the largest since 2024, encountered errors during operations on two testnets, prompting developers to conduct additional testing to ensure a smooth deployment of the upgrade.
The issues faced by Pectra on the Holesky and Sepolia (two major Ethereum testnets) were attributed to misconfigurations in the testing environment rather than problems with Pectra itself. Ethereum Foundation researcher Alex Stokes stated during the meeting, “We seem to need more information to really determine a specific launch date.” Previously, developers had anticipated the mainnet upgrade would occur in April of this year.
Developers decided to create a “shadow fork” of the Holesky testnet, which has been non-functional since the last Pectra test due to configuration issues that forced many validators offline, meaning the network could not correctly record transactions.
Stokes indicated that once Holesky is able to complete final confirmations again—that is, when it can add and record transactions as usual—there will be more data to determine the next steps for the Pectra launch on the mainnet. Developers stated that Holesky is expected to return to normal operation around March 28.
Improvements of Pectra
The name of the “Pectra” upgrade combines the execution layer’s “Prague” upgrade and the consensus layer’s “Electra” upgrade, aiming to enhance the experience for users and network operators. One of the main improvement proposals is EIP-7702, which will endow cryptocurrency wallets with certain smart contract functionalities. The purpose of this change is to further develop Ethereum towards Account Abstraction, a technology that allows wallet developers to introduce user-friendly features, such as using tokens other than Ether (ETH) to pay transaction fees.
Another key proposal, EIP-7251, will alleviate some burdens on Ethereum validators. This change will increase the maximum staking limit for an individual validator from 32 ETH to 2,048 ETH, meaning that those wishing to stake more than 32 ETH will no longer need to spread their assets across so many nodes, enhancing convenience for validators and reducing the startup time for new nodes.
Source
Related Articles: “The Risk of Over-Scaling is Too High! Ethereum’s Largest Upgrade ‘Pectra’ Will Be Implemented in Two Phases”
Binance announces optimization of listing mechanism! Introducing “Vote for Listing” and “Vote for Delisting” to enhance community engagement.
Binance Exchange has announced the enhancement of its listing mechanism, including the int…