Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Cryptocurrency»Ethereum’s Pectra Upgrade Finally Goes Live
    Cryptocurrency

    Ethereum’s Pectra Upgrade Finally Goes Live

    FintechFetchBy FintechFetchMay 7, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    After months of anticipation, delays, and debate, Ethereum’s Pectra upgrade officially activated today at epoch 364032, 10:05:11 UTC.

    It marks one of the network’s most consequential hard forks since the Merge in 2022.

    A Milestone in Ethereum’s Journey

    The official Ethereum account on X made the announcement moments ago.

    “Upgrade in progress,” the post read. “Activating Pectra @ epoch 364032 // 10:05:11 UTC.”

    The upgrade brings together the Prague execution layer and Electra consensus layer, a technical fusion that packs in 11 Ethereum Improvement Proposals (EIPs) targeting everything from account abstraction to enhanced staking mechanics and blob throughput improvements.

    Originally slated for March, Pectra was pushed to May 7, 2025, after a series of technical hiccups delayed its launch. Developers encountered finality issues on the Holesky testnet and a minor bug on Sepolia, forcing the team to regroup.

    It wasn’t until successful deployment on the Hoodi testnet that confidence was restored, culminating in a green light during the April 3 core developer call.

    “We’ll go ahead and lock in May 7 for Pectra on mainnet,” said Ethereum Foundation researcher Alex Stokes. “Happy Pectra, everyone.”

    What’s Inside Pectra?

    Pectra introduces a range of technical improvements designed to future-proof Ethereum:

    • Account Abstraction (EIP-3074): This lets traditional wallets behave more like smart contracts. Think batch transactions, fee sponsorship, and customizable security — all aimed at making dApps more seamless and intuitive.
    • Increased Validator Limit: Raises the individual validator stake cap from 32 ETH to 2,048 ETH. This supports larger validators while enabling smaller ones to compound rewards more effectively.
    • PeerDAS (Peer Data Availability Sampling): Reduces data verification costs for layer-2 rollups, improving the economics of scaling solutions.
    • EVM Object Format: Sets the stage for more flexible execution environments, enhancing compatibility between layer-1 and layer-2 chains.

    Together, these changes are meant to cater to Ethereum’s dual mandate: improving user experience while shoring up the infrastructure that supports decentralized computation at scale.

    SPECIAL OFFER (Sponsored)

    Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

    LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleHere’s the growth forecast for BAE Systems shares through to 2027!
    Next Article South Korean Presidential Candidate Lee Jae-Myung Pledges To Legalize Crypto ETFs If Elected Next Month
    FintechFetch
    • Website

    Related Posts

    Cryptocurrency

    Bitcoin Price Warnings Emerge, Stablecoins Score Regulatory Win: Binance Weekly Report

    June 22, 2025
    Cryptocurrency

    Crypto-Native Asset Managers Grow From $1 Billion to Over $4 Billion in Onchain Capital

    June 22, 2025
    Cryptocurrency

    Max Keiser Predicts $800K BTC from ‘Bond Apocalypse,’ Markets Eye $93K

    June 22, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Dogecoin To $1.35? Analyst Predicts Milestone ‘Within 70 Days’

    February 16, 2025

    Why Buying Bitcoin Now Is Better Than Later As BTC Price Consolidates Within Falling Wedge

    April 1, 2025

    Tesla’s struggling. Could NIO stock benefit?

    April 26, 2025

    World Liberty’s USD1 to Power $2B MGX Investment in Binance

    May 1, 2025

    DBS Unveils Merchant Banking Package With Waivers, Cashback for SG60

    April 8, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    I Employ 75 People Across 10 Countries — Here Are the 3 Skills That Helped Me Build My Global Team

    April 10, 2025

    I asked ChatGPT to load up a £20k Stocks and Shares ISA – see what it picked

    March 22, 2025

    BTC Price Slips as Long-Term Bitcoin Holders Begin to Take Profits

    May 16, 2025
    Our Picks

    Best Crypto to Buy as States Embrace $BTC Reserves

    June 23, 2025

    Inside AI Assisted Software Development and why tools are not enough (Part 1): By John Adam

    June 22, 2025

    Housing market map: Zillow just released its updated home price forecast for 400-plus housing markets

    June 22, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.