Crypto: Ethereum ready for Pectra in the first quarter of 2025

The crypto universe is buzzing. Ethereum is set to launch a major update to its technology in Q1 2025. Named Pectra, this update promises significant improvements for users and developers. Let’s explore in detail what this evolution will bring and why it is so highly anticipated.

A Revolutionary Crypto Update

Pectra incorporates several technological innovations that will transform the crypto ecosystem. Among these innovations are the EVM Object Format (EOF) and EIP-7702, proposed by Vitalik Buterin.

EOF is designed to improve the security and efficiency of smart contracts on Ethereum. By integrating this format, Ethereum will enable safer and faster transactions, reducing the risks of bugs and exploits.

EIP-7702 allows Ethereum account addresses to temporarily act as smart contract wallets during transactions. This feature will offer increased flexibility to users, allowing them to manage their crypto more efficiently and securely.

The Pectra update also aims to resolve persistent issues, such as high transaction fees on Layer 2 platforms. By integrating around 19 EIPs, Ethereum ensures that the user experience will be significantly improved.

A Strategically Chosen Timeline

Ethereum developers have carefully planned the deployment of Pectra for Q1 2025. This decision was made after lengthy discussions and thorough evaluations.

The developers decided not to rush the deployment before Devcon, the largest developer conference in the Asia-Pacific region. By delaying the update, they ensure the full integration of all features, allowing crypto users to enjoy a stable and reliable version.

By avoiding deployment during Devcon, the developers can effectively monitor the execution of Pectra. This cautious approach aims to minimize risks and ensure a smooth launch.

Upcoming Challenges and Opportunities

While Pectra is a major step, it is only part of Ethereum’s ambitious roadmap. Developers are already working on future improvements, such as the Osaka upgrade.

PeerDAS will be integrated into Pectra to improve data availability on Ethereum. This improvement is crucial to strengthening the network’s scalability and decentralization.

The Osaka upgrade, planned after Pectra, will include advanced features such as the implementation of Verkle Tree. This new data structure promises to further enhance Ethereum’s scalability and security.

The Pectra update marks a new phase in Ethereum’s evolution. By incorporating major technological innovations and improving user experience, Ethereum positions itself to remain at the forefront of the crypto revolution.