- Ethereum’s Pectra upgrade was successfully launched on Sepolia testnet.
- Holesky testnet faced issues, but Sepolia deployment was flawless.
Ethereum’s highly anticipated Pectra upgrade has passed a key milestone. The upgrade successfully launched on the Sepolia testnet on March 5 at 7:29 AM UTC. This marks the second test phase after an earlier attempt on the Holesky testnet faced issues.
Pectra is Ethereum’s biggest upgrade since 2024. It includes 11 Ethereum Improvement Proposals (EIPs) designed to enhance staking, wallet functionality, and network performance. The update combines execution layer changes (Prague) with consensus layer improvements (Electra).
EIP-7251 significantly increases the validator stake limit from 32 ETH to 2,048 ETH. This change addresses inefficiencies in Ethereum’s staking system. Currently, validators must split large stakes across multiple nodes. The new limit simplifies staking for high-volume participants.
EIP-7702 introduces smart contract capabilities for wallets. This proposal moves Ethereum toward account abstraction. Users may soon pay fees with stablecoins, set up automatic payments, or recover wallets without seed phrases.
Holesky Testnet Issues and Developer Considerations
The Holesky testnet activation on February 24 faced unexpected issues. Incorrect deposit contract addresses led to chain splits and network instability. Developers quickly addressed these problems, ensuring Sepolia’s smooth upgrade.
Testnets play a crucial role in Ethereum’s development. Holesky closely mirrors Ethereum’s mainnet, making it a critical testing ground. The recent failure raises concerns about whether further tests are needed before a full rollout.
Ethereum developers will meet on March 6 to decide on the mainnet release timeline. They must assess whether Pectra is stable enough or if additional testing is required. The upcoming developer meeting will determine the next steps. A mainnet launch in early April remains possible, depending on the outcome.
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