Ethereum's "Pectra" Upgrade Nears

​The Ethereum network is preparing for its next major hard fork, dubbed "Pectra." This upgrade combines the Prague (execution layer) and Electra (consensus layer) updates. It is expected to further improve scalability and user experience following the successful Dencun upgrade.

​Key Highlights:

​Scalability focus: Pectra aims to further reduce transaction fees on Layer 2 networks.

​EIPs included: The upgrade is expected to incorporate several Ethereum Improvement Proposals (EIPs) focused on optimizing peer-to-peer networking.

​Timeline: While a definitive date is not set, developers are actively progressing through testnets.#Ethereum