What Is the Pectra Upgrade? Inside Ethereum’s Future Roadmap
The Ethereum Pectra upgrade is scheduled for March 2025, merging the Prague and Electra upgrades to enhance scalability, efficiency, and usability. Key features include account abstraction for flexible gas payments using ERC-20 tokens, improved staking options, and technical upgrades like Verkle trees and PeerDAS for optimized data management. Phase 1 will double layer-2 blob capacity, enable gas payments in stablecoins, and increase the maximum staking limit from 32 to 2,048 ETH. Phase 2 will introduce advanced optimizations. The upgrade aims to lower or eliminate gas fees through transaction sponsorship and introduces new wallet features like transaction batching and social recovery. Concerns include client diversity, operator centralization, and potential exploits from outdated protocols. Vitalik Buterin emphasizes the importance of L2 networks supporting ETH's value and enhancing interoperability while addressing security challenges.