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#ETH
Ethereum Pectra Upgrade?
Ethereum Pectra upgrade, starting in 2025, is set to make the Ethereum network faster, more scalable, and easier to use.
Key changes include letting users pay gas fees with different tokens, speeding up smart contracts, and improving staking rewards for validators.
Ethereum Pectra is an upgrade (hard fork) that aims to make Ethereum faster, more scalable, and easier to use, both for everyday users and blockchain developers. Expected to roll out in two phases starting in 2025, Ethereum Pectra is set to be one of the most significant improvements to the Ethereum network in recent years.
Pectra is actually two upgrades that were initially planned to happen separately: Prague and Electra. They were combined into one to make things smoother.
Why Is Ethereum Upgrading?
Ethereum has been steadily improving since its creation, with many important upgrades like “The Merge” in 2022 (which switched Ethereum to Proof of Stake) and the “Cancun” upgrade in 2024.
However, Ethereum still faces challenges, especially around transaction fees, scalability, and how complex it can be for new users. The Pectra upgrade is designed to address these problems.