Ethereum developers have successfully completed the Pectra on the twoty -hoodi. This was an important step towards its final deployment on the main cryptocurrency network. Earlier, the project team was faced with problems in the deployment of upgrade in other patches
We tell you what is happening with Ethereum and whether the upcoming upgrade will help stop the drop in the cryptocurrency course.
On the eve of Pectra
Hoodi, a new test network launched on March 17, was created specifically to complete the test test Pectra. The process took half an hour after activation. The successful deployment of the upgrade on Hoodi was brought by the Pectra update in the main network of Ethereum.
Pectra upgrade promises to significantly improve Ethereum scalability. Among the key solutions are improving cryptocurrency wallet interfaces, an abstraction of accounts through the EIP-7702, an increase in the limit for validators from 32 to 2 048 ETH using the EIP-7251, as well as an increase in the maximum number of blocks to improve the sculptivity of the Rollaps through the EIP-7691.
According to the developers, they will use Hoodi for final checks that Pectra will bring. If there are no serious problems, Ethereum developers plan to deploy an upgrade on the main network about 30 days after the next Hoodi test, which may occur at the end of April. At the same time, the project team warns that deadline can be shifted to May or June to give the ecosystem participants more time for training.
Whether Pectra will help resume Ethereum growth
Many participants in the crypto community believe that the update may run the growth of the Ethereum course. The project needs positive. In the period from December 16 (the day of installation of the local maximum) to March 10, ETH fell by 57%. In the moment, the cryptocurrency lost a psychologically important level of $ 2,000. At the same time, Ethereum, unlike many coins of capitalization, failed to update the absolute maximum. Eth weakness at the beginning of the year was the reason for numerous jokes. Therefore, the positive that Pectra carries is so necessary for the project.
The fast upgrade, judging by the behavior of large investors, corrected Ethereum. Lookonchain analysts write that, as Pectra approached, whales began to buy ETH. Optimists are sure that against the background of Ethereum updates, it will be possible to update the absolute maximum in 2025.
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Source: Cryptocurrency
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