The Ethereum network is evolving again! 

The Pectra upgrade!! 🙌

Here’s everything you need to know in a simple thread! 👇

1/ What is Pectra?

🔹Pectra combines two upgrades - Prague (execution layer) and Electra (consensus layer). 
🔹This upgrade focuses on better smart contracts, staking, account abstraction, and L2 scalability.

2/ Key Improvements in Pectra:

🔹Scalability: More transactions per second.
🔹Lower Gas Fees: Optimized data processing & storage.
🔹Security Upgrades: Enhanced cryptographic techniques.
🔹Smart Accounts: More flexible account management.

3/ Testnet Deployments:

🔹Holesky Testnet (Feb 24, 2025): First deployment, but faced some issues.

🔹Sepolia Testnet (Mar 5, 2025): Successfully activated, moving closer to mainnet launch!

5/ Account Abstraction (EIP-7702)

This allows externally owned accounts (EOAs) to act as smart contract wallets temporarily.

🔹Users can batch transactions.
🔹Pay gas with tokens like USDC, DAI, or others
(no need to hold $ETH)
🔹Easier onboarding & better UX.

6/ Bigger Staking Limits (EIP-7251)

Right now, each validator can only stake 32 ETH.

🔹Pectra increases this to 2,048 ETH!
🔹Reduces network congestion.
🔹Makes staking more efficient for large holders.

7/ Smart Contract-Controlled Withdrawals (EIP-7002)

🔹Staking withdrawals can now be managed by smart contracts, making it easier for staking pools and automated withdrawals.

8/  Blob Throughput Increase (EIP-7691)

Ethereum will handle more data by increasing blobs per block.

🔹 New Limits: 

~ Target: 6 blobs per block,
~ Maximum: 9 blobs per block.

🔹 Benefits: 

~ Better for rollups, temporary boost before PeerDAS.

9/ Dynamic Blob Capacity (EIP-7742)

Ethereum will get better at handling data with flexible blob storage.

🔹Helps L2s like Arbitrum & Optimism.
🔹Supports future scalability improvements.

10/ On-Chain Validator Deposits (EIP-6110)

🔹Validator deposits will be processed directly on-chain, making it safer and faster to join the network.

11/ Why is Pectra Important?

🔹Better UX for users.
🔹More staking flexibility.
🔹Improved efficiency for developers.
🔹Ethereum’s long-term vision for scalability & decentralization.

#Ethereum #Pectra

4/ Mainnet Launch: 

🔹🗓️The final date for the mainnet launch will be decided in the All Core Developers (ACD) call on March 6, 2025.

 🔹If everything goes as planned, the mainnet will launch in early April 2025.