Ethereum's core developers have decided to proceed with the scheduled Pectra upgrade despite the failure of a testnet practice run. The developers initiated the Holesky testnet, which failed to finalize, causing concern among observers. However, the developers believe that the issue was minor and easily patched, and they have decided to continue with the next testnet, Sepolia, on March 5. The Pectra upgrade will bring user-friendly features to Ethereum, including smart contract functionality for mainstream crypto wallets and the ability to pay gas fees with any crypto token. It will also allow independent Ethereum stakers to earn rewards on larger sums and reduce bandwidth requirements.



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