BTC

$84343.959

-0.05%

ETH

$2015.281

1.00%

XRP

$2.388

-0.79%

BNB

$622

-1.49%

Ethereum

Ethereum Pectra Upgrade Nears Launch With Testing Timeline Set

2 mins mins
Ethereum Pectra Upgrade Nears Launch With Testing Timeline Set

Key Points:

  • Developers will test the Ethereum Pectra upgrade on the Holesky testnet on February 24 and Sepolia testnet by March 5, with a potential mainnet launch in early April.
  • Following successful tests, Ethereum’s core team will meet on March 6 to determine the final release date.

Ethereum developers have scheduled test dates for the Pectra upgrade, marking the network’s first major update in nearly a year.

Read more: Ethereum Pectra Upgrade to Doubling Layer 2 Capacity and Boosting Scalability 

Ethereum Pectra Upgrade Sets Timeline for Testing

The Ethereum Pectra upgrade, which aims to enhance wallet functionality and validator operations, is set to undergo a series of testnet evaluations before an official launch is confirmed.

Testing will begin on February 24 on the Holesky testnet, followed by a second round on the Sepolia testnet by March 5. The results of these tests will determine the next steps, with Ethereum’s core developers planning to convene on March 6 to discuss the upgrade’s official release timeline.

Tim Beiko, protocol support lead at the Ethereum Foundation, has expressed optimism that Pectra could be deployed on the mainnet by early April.

Developers Target Early April for Mainnet Launch

Pectra integrates eight Ethereum Improvement Proposals (EIPs) into a single upgrade package. Among the most notable is EIP-7702, designed to improve the wallet user experience by enabling wallets to function similarly to smart contracts. This change is part of Ethereum’s broader push toward account abstraction, which seeks to simplify wallet management and accessibility.

The Ethereum Pectra upgrade comes at a critical time for Ethereum, as the network faces increasing competition and calls from its community to accelerate development efforts. The final decision on the mainnet launch will depend on the outcomes of the test phases and subsequent discussions among developers.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Rate this post
Follow us on Google News

EIp

ETH

Ethereum

Pectra

Avatar of John Kojo Kumi

John Kojo Kumi

07 February 2025, 02:51:00 GMT +0000

John Kojo Kumi is a cryptocurrency researcher and writer specializing in emerging startups, tokenomics, and market dynamics within the blockchain ecosystem. With years of experience in crypto journalism and blockchain research, he provides in-depth coverage of decentralized finance (DeFi), NFTs, and Web3 innovations.

He holds a Bachelor of Arts in Geography and Rural Development from Kwame Nkrumah University of Science and Technology, Kumasi, bringing a multidisciplinary perspective to the evolving digital asset space. As a Crypto News Writer, he tracks and reports on industry trends, while his role as a Registrar at the Commission on Human Rights and Administrative Justice reflects his commitment to governance and transparency.

His expertise spans content strategy, SEO optimization, and technical research, enabling him to craft insightful, data-driven analyses. Passionate about blockchain’s transformative potential, he strives to equip readers with the knowledge to navigate the complexities of digital assets and decentralized technologies.

Other Posts: