Odaily Planet Daily News Ethereum's Pectra upgrade will go live on the Holesky testnet at 9:55 pm UTC today, allowing developers to test new improvements before they enter the Ethereum mainnet. Pectra introduces features that enhance Ethereum accounts, support L2 expansion, and improve the user experience of validators.
According to the Ethereum Foundation, Pectra represents an important step towards account abstraction. One of the major changes includes EIP-3074, which enhances Ethereum account abstraction by allowing externally owned accounts (EOA) to perform batch transactions and sponsor gas payments. In addition, the Pectra upgrade will increase Ethereum's blob capacity by 50%. The mainnet currently supports an average of 3 blobs per block, which will increase to 6 after Pectra is deployed. (Cointelegraph)