Ethereum Developer Confirms Pectra Upgrade Includes EIP-7702 and PeerDAS
2024-06-08
Bittime - Ethereum developers have confirmed a list of Ethereum Improvement Proposals (EIPs) for Pectra upgrades, including EIP-7702, EIP-7594 (PeerDAS), and EIP-7251. This article explains the role and benefits of each EIP, and estimates that Pectra will be released in early 2025.
Ethereum Developer Confirms Pectra Upgrade Includes EIP-7702 and PeerDAS
According to Anthony Sassano, Ethereum educator, Ethereum developers have confirmed a list of Ethereum Improvement Proposals (EIPs) that will be integrated into the Pectra upgrade. One of the most well-known EIPs is EIP-7702, EIP-7594 (PeerDAS), and EIP-7251.
EIP-7702, proposed by a number of Ethereum developers, including Ethereum founder Vitalik Buterin, aims to improve account abstraction and allow addresses to function as smart contracts during transactions.
EIP-7702 Will Be Used Instead of EIP-3074
EIP-7702 will be used as a replacement for EIP-3074, which was a fix proposed by previous developers. It is hoped that EIP-7702 will provide the same benefits as EIP-3074 while reducing the potential risks.
What is the role of PeerDAS or EIP-7594?
For now, the goal of PeerDAS, or EIP-7594, is to improve roll-up scalability. Optimizing layer 2 (L2) solutions, such as Base and Arbitrum, is expected to improve L2 transaction processing.
Additionally, EIP-7251, also known as MaxEB, will give validators the ability to stake up to 2,048 ETH, which is a huge increase from the 32 ETH limit currently in place. Therefore, this upgrade will include EOF-related EIPs, EIP-2537, and EIP-7549, which focus on cryptographic development and efficiency.
Pectra Ethereum Will Be Released In Early 2025
Sassano said that Pectra Ethereum will be released in early 2025, a schedule similar to that recently announced by Ethereum developers. This is a continuation of the Dencun upgrade, which was launched last March. Sassano stated that Pectra will play an important role in the development of Ethereum's roadmap.
Conclusion
In short, Ethereum developers have confirmed the list of Ethereum Improvement Proposals (EIPs) that will be used to improve Pectra. Some of the EIPs that will be integrated include EIP-7702, EIP-7594 (PeerDAS), and EIP-7251. EIP-7702 will replace EIP-3074 to improve account abstraction, while EIP-7251 or MaxEB will enable validato Expected to be released in early 2025, Specter Ethereum will play an important role in the long-term development of Ethereum.
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