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ETHEREUM (ETH) developers may set the Pectra update on May 7

Ethereum Pectra upgrade may have a history soon. Ethereum developers are likely to plan to upgrade on May 7.

ETHEREUM network may offer a long -awaited Pectra upgrade on May 7. Until recently, the upgrade was expected to be around April 30. Pectra will be the largest upgrade to Ethereum since Dencun FORK, which has reduced dramatically fees for L2 projects.

Ethereum developers referred to May 7 as the sure date, although Ethereum and Vitalik Buserin have not yet spoken about Pectra upgrade.

The decision to determine the appointment date after a Developer call On April 3, preparedness to launch Pectra on Mainnet follows the final test of Hoodi Testnet last week.

Pectra upgrade has a simple prediction pair, not yet solved. The prediction pair seeks to determine whether Pectra will be launched by April 30. Despite the date of May 7, Prediction pair Not only 84 % to answer “No”.

Pectra to influence all participants in the ecosystem

PECTRA is an upgrade is a set of many ethereum (EIPs) suggestions, which will target multiple types of users. The promotions will affect potential auditors, L2 operators and final users with Ethereum Governor.

Potential auditors will get a chance to share up to 2048 ETH simultaneously to create a more efficient contract. The big risks will help institutional players to deal with one auditor instead of thousands of contract with 32 ETH each.

Stacking will also be accelerated by EIP -6110. Two other suggestions will ensure faster withdrawals for stigma, as well as simplified exits with a lower risk of loss.

The second group of proposals affects L2 protocols and the way they use the L1 series. The point capacity will double each block from 3 to 6 points. PECTRA will also increase the cost of Caldata, which encourages L2 to use more points. The point and flexibility schedule will also offer more predictive drawings. Currently, the protocols pay nearly zero rent to L1, with days of sudden nails in the blocs and unexpected expenses.

EIP-2537 will also make Ethereum L2 also cheaper and encourage crossed chain applications. The Pectra upgrade has not yet shown whether to solve the problem of lower profits from L2, which pays small fees to ETAREUM.

EIP-7702 will be important for final users and ETHEREUM general adoption. The proposal will turn conservatives into smart contracts, allowing gas sponsorship, the tasks based on the easiest wallet, and payment transactions. EIP-7702 will offer smart wallet functions, which may allow applications for ETHEREUM users on board while caring for the fees.

ETHEREUM will also provide a kind of fourth transaction, provides complex transactions for faster and more easy -to -use exhibitions. Currently, Ethereum has three main types of transactions that exceed old transfers, with Dynamic transactions Having the largest share. The fourth type of transactions will allow each final user portfolio to switch and agree in one treatment, which means that each user portfolio will behave like a smart contract.

PECTRA news fails to revive ethereum feelings

Pectra was one of the expectations to re -photograph attention in Ethereum. Despite the successful Testnet promotions, the ETH price did not interact with the imminent thorn news in weeks.

After the news, ETH felt more pressure on the sale, drowning to 1774.56 dollars. The declining mood also comes from slowing the activity on the chain, where ETHEREUM is often used for simple ethical transactions and the transfer of USDT.

ETHEREUM still has the largest share of DeX’s activity, which is the transition chain to transfer the largest USDT and permanent futures trading. Pectra upgrade is seen as a potential turning point for expanding the ETH range and inviting more application users.

Ethereum lost revenues after years of peak fees. Last month, Ethereum brought only 20 million dollars In the total fees, with the direction of decreasing revenue for the fighters. More applications on the series that sponsor gas for the final users may refresh the use of Ethereum.

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