Ethereum Pectra's next major upgrade: allowing wider gas payments and stakers to receive staking rewards beyond 32 ETH

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MarsBit
09-21
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According to Mars Finance, this week, the core developers of Ethereum decided to split the network's next major upgrade, Pectra, into at least two parts. The first update will be released around February 2025. This includes a proposal, EIP-7702, which allows users to pay for gas fees with other more widely used cryptocurrencies, instead of the current gas fees on several other networks in the Ethereum ecosystem that must be paid in ETH. Another improvement is EIP-7251, which will allow Ethereum stakers to receive rewards for more than 32 ETH staked. For example, users who currently stake 40 ETH cannot currently receive income or voting rights from an additional 8 ETH. This will greatly reduce the bandwidth requirements of the entire Ethereum network. Two other proposals included in the initial version of Pectra, EIP-6110 and EIP-7002, will also realize a fully automated and permissionless ETH equity pool for the first time. The rest of Pectra may not be completed until 2026. (decrypt)

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