Vitalik Buterin Announces Ethereum Pectra Upgrade Timeline
- Ethereum co-founder Vitalik Buterin announced the timeline for the Pectra upgrade, expected in March.
- The Ethereum gas limit has increased to over 32 million, with nearly half of blocks signaling support for this change.
- The Pectra upgrade will double the blob target from 3 to 6, enhancing Layer 2 capacity.
- EIP-4444 aims at history expiry and statelessness through a new binary tree proposal.
- ETH price has surged over 13%, surpassing $2,800, with a critical support level at $2,700.
The announcement of the Pectra upgrade by Vitalik Buterin coincides with Ethereum’s gas limit increase and a significant ETH price surge. The upgrade aims to enhance network scalability and efficiency.
Source (2.6)https://coingape.com/vitalik-buterin-reveals-timeline-for-ethereum-pectra-upgrade-shares-key-details/?rand=24432
