On October 22nd, Galaxy stated in a report that the Pectra upgrade is scheduled to activate the mainnet in early 2025. As of October, the Ethereum Pectra upgrade includes 10 EIPs and is expected to achieve three results:
1. Fixing a key flaw in the protocol as a proof-of-stake blockchain;
2. Improving the user experience (UX) of interacting with smart contract applications on Ethereum;
3. Increasing Ethereum's data availability capacity.
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