According to a report by The Block, Ethereum developers have reached a consensus on the tentative timeline for the Pectra upgrade, with the mainnet upgrade expected to take place in March this year.
During a core developer meeting held on Thursday, it was anticipated that a new client version supporting the Pectra upgrade would be released in February, along with hard fork testing on the Ethereum testnets (Sepolia and Holesky). These plans will be coordinated with the client software teams. If the fork on the testnet proceeds as scheduled, the mainnet upgrade will be launched in the following month.
The Pectra upgrade will incorporate multiple Ethereum Improvement Proposals (EIPs), focusing on enhancing user experience and network efficiency. Specific changes include improvements to the user experience of cryptocurrency wallets and account abstraction, increasing the maximum staking limit for validators from 32 ETH to 2,048 ETH, and updating deposit and withdrawal mechanisms.
Related reports: “The risk of becoming too large is too high! Ethereum’s largest upgrade ‘Pectra’ will be executed in two phases” and “Ethereum is expected to implement the Pectra upgrade in Q1 2025, covering 11 improvement proposals including EIP-7251.”