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Ethereum Pectra Upgrade Takes Shape as Crucial EIP Approved

Ethereum Pectra Upgrade Takes Shape as Crucial EIP Approved
The recent Ethereum All Core Developers Execution Call discussed the progress of the Pectra (Prague-Electra) update, which is considered Ethereum's most ambitious update since The Merge. The call approved the inclusion of EIP-7691, which aims to increase the number of blobs in a block to enhance scalability through L2 solutions. Additionally, EIP-7623, co-authored by Vitalik Buterin, was also included in the agenda, while discussions continue on EIP-7762, EIP-7639, and retroactive EIP-4803. The Mekong testnet encountered challenges but has been resolved. Overall, the Pectra upgrade is expected to have a large agenda, addressing data logistics, L1/L2 interaction, and fee structure, with the first phase scheduled for 2025 and the second phase for 2026.

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