Ethereum, one of the leading blockchain networks, is preparing for his next major upgrade, Pectra, to launch in March. In a recent Tweet Post co-founder, Vitalik Buterin recently shared exciting details about this update, with an important change that could considerably increase the efficiency of the network. In the meantime, the Ethereum ETH price has been recovered from its recent decrease and now maintaining around $ 2711 that reflects an increase of 10% in the day.
Ethereum’s Pectra Upgrade
Layer 2 solutions that help Ethereum to process more transactions at lower costs, trust “Blobs” – temporary data storage units. By double the Blob goal from 3 to 6, Ethereum will be able to process more transactions smoothly, reducing congestion and reimbursements.
This is a big victory for decentralized finance (Defi) platforms, gaming applications and other services built on Ethereum, because it makes the network more scalable and user -friendly.
Flexible networkup grades
In addition to this upgrade, Buterin also suggested a new idea to improve how Ethereum deals with future upgrades. Instead of trusting traditional hard forks, which require a broad consensus and take the time to implement, he suggested having Ethereum votes on blob capacity changes.
This approach would make the network more flexible, so that it can quickly adapt to new technological progress. It also corresponds to Ethereum’s vision on decentralization, giving validators a stronger voice in shaping the future of the network.
Debates about the increase in gas limit
The Pectra -upgrade comes at a time when the Ethereum community actively discusses other improvements, such as increasing gas limit.
According to Gaslimit.picsA platform trailer sentiment, 52% of the validators supports increasing gas limit. Although some believe that this could lower transaction costs, others are concerned about possible risks for network stability.
ETH -Price increases
In the meantime, the Ethereum price has also reached the headlines. After a recent market dip, ETH rose from 2,300 to more than 2,900 in less than 24 hours, partly fed by news about US President Donald Trump, has tariff plans.
Add to the Buzz, Eric Trump tweeted Bullish Sentiments About Ethereum, calling it a “great time to add $ ETH.” His comments led to curiosity, although it remains unclear whether he appealed to individual investors or made a broader statement.