Ethereum 'Pectra Upgrade' Confirmed for the 7th of Next Month

Source
JOON HYOUNG LEE

Summary

  • "It was reported that the Ethereum 'Pectra Upgrade' has been confirmed for the 7th of next month."
  • "According to CoinDesk, this is the biggest change to Ethereum since March last year."
  • "The Pectra upgrade focuses on improving network scalability and adding a 'smart contract' feature."

The Ethereum (ETH) Pectra upgrade will take place early next month.

According to CoinDesk on the 3rd, Ethereum developers have recently confirmed the Pectra upgrade schedule for the 7th of next month. CoinDesk stated, "(The Pectra upgrade) is the biggest change to Ethereum since March last year."

The core of the Pectra upgrade is to improve the scalability of the Ethereum network. CoinDesk reported, "The Pectra upgrade includes improvements to make Ethereum more efficient and user-friendly," adding that "one of the improvements is adding a 'smart contract' feature to wallets."

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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