Back in March, Ethereum had one of its biggest upgrades to date. Dencun (Ethereum’s most recent upgrade) was the most important hard fork since the historic Merge that took place in September 2022.
Ethereum’s next hard fork is Pectra, which is set to take place in Q1 2025, and it’s a big one. So big in fact that Ethereum developers have made the decision to split it in two. That’s because it was originally set to include over 20 Ethereum Improvement Proposals, or EIPs. For perspective, the Dencun upgrade had just 9 EIPs.
One of the biggest improvements is with wallets. As a fun bonus fact: the EIP that makes this change is EIP-7702, which replaces EIP-3074 (which had a similar intention, but there were a few flaws). Vitalik Buterin wrote the code for EIP-7702 in just 22 minutes. Crazy stuff.
Anyway, Pectra’s impact will not only improve the user experience (UX) of Ethereum, but it could be the very catalyst that ETH has been crying out for to hit new all time highs. Make no mistake, this could be incredibly bullish for ETH’s price. If you hold ETH, or are thinking of scooping some up, this is a video you’ll want to watch all the way through.
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📺 Essential Videos 📺
Dencun Upgrade -https://www.youtube.com/watch?v=hC8V-54Rvas
Post Dencun Impact 👉 https://www.youtube.com/watch?v=ecX9on1NQ6A
Layer 2s To Watch 👉 https://www.youtube.com/watch?v=7K_lVeJ5YBk
Layer 3s To Watch 👉 https://www.youtube.com/watch?v=dQA6A-s6UxM
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⛓️ 🔗 Useful Links 🔗 ⛓️
► List of Pectra EIPs: https://eips.ethereum.org/EIPS/eip-7600
► Pectra Explained: https://getblock.io/blog/cn/ethereum-pectra-upgrade/
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– TIMESTAMPS –
0:00 Introduction Ethereum’s Pectra
0:55 Overview Of Previous Ethereum Developments
6:11 Pectra Overview – What It Means, Purpose, Benefits
8:26 EIPs To Be Included In The Pectra Upgrade
14:15 EIPs That Have Been Pushed Back To The Next Upgrade (“Fusaka”)
17:06 Potential Risks, Concerns, And Developmental Sticking Points
18:47 What The Pectra Upgrade Could Mean For ETH’s Price
22:05 Don’t Forget To Join Us
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#crypto #ethereum #eth
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