Mon, September 16, 2024 at 05:25
Hey Annie!
Have you heard about the latest buzz in the Ethereum community?
They're considering splitting the Pectra upgrade into two phases for a 2025 launch!๐
Oh, really?
That sounds interesting!
What exactly is the Pectra upgrade?๐ค
Great question!
The Pectra upgrade is a major update for Ethereum, combining two big components: the Prague upgrade for the execution layer and the Electra upgrade for the consensus layer.
It's supposed to make Ethereum more scalable and efficient.
Wow, that sounds like a big deal!
Why are they thinking about splitting it into two phases?
Yeah, it is!
They discussed this during a meeting on September 12.
The idea is to launch the first phase as early as possible to meet community expectations.
Theyโre aiming for a February 2025 release for the first phase.
February 2025, huh?
Thatโs not too far off.
But why the rush?๐คจ
Well, they want to ensure they deliver something early to keep the community happy.
One developer mentioned that if they split it, the first phase should be shipped by early next year.
Another developer said a February release seems realistic.
I see.
But what if they can't meet the February deadline?
Good point!
Developer Danno Ferrin suggested that the split only makes sense if the first phase can be delivered in the first quarter of 2025.
Ethereum researcher Ansgar Dietrichs warned that if the first phase isn't shipped by June, the upgrade would be considered a failure.
Yikes, that sounds like a lot of pressure!
So, what do the experts think about this split?
Yeah, it is!
Industry experts like Galaxy crypto researcher Christine Kim believe the split is highly likely due to the complexity of the upgrade.
She also mentioned that the scope of the upgrade could change significantly if they opt for a two-phase release.
Interesting!
So, how big is this Pectra upgrade compared to previous ones?
Oh, it's huge!
Both Christine Kim and Ethereum educator Sassal have said that Pectra is shaping up to be one of the largest upgrades in Ethereum's history.
Sassal even called it the biggest upgrade to date!๐ฒ
Wow, that's impressive!
When will they make the final decision on the split?
The final decision is expected to be made at the next Ethereum All Core Developers (ACD) meeting on September 19.
So, we should know pretty soon!
Got it!
Do you think this is good news for the market?
Absolutely!๐ Splitting the upgrade into two phases could mean that we get improvements faster, which is always a good thing.
It shows that the developers are flexible and responsive to the community's needs.
Overall, I think it's a positive move for Ethereum and could boost market confidence!
To sum up, this article is considered a ๐Bullish for investors!!