With the Ethereum upgrade starting in 2025, the network will be faster, more scalable and easier to use. It will also change the way users interact with applications on the chain every day.
Key changes include the payment of gas tariffs for users using various tokens, speeding up smart contracts and improving rewards for enforcers, which could bring mass acceptance.
What is the Ethereum Pectra update?
Ethereum Pectra is an update that aims to make Ethereum faster, more scalable and easier to use for both everyday users and blockchain developers. Expected to be released in two phases starting in 2025, Ethereum Pectra is one of the most significant developments to the Ethereum network in recent years.
Pectra is actually two upgrades, originally designed separately: Pectra and Electra. They were merged to make things smoother.
Why update Ethereum?
Ethereum has been steadily improving since its creation, but it still faces challenges, particularly in terms of transaction fees, scalability and how complex it can be for new users. The Pectra update is designed to address these issues.
The crypto industry has been struggling to attract more Web2 users in recent years, but obstacles such as gas prices and complicated wallet management have made this difficult.
At the time of the 2021 bull market, the technology was not yet ready to welcome a wider audience. But this update to the 2025 bull market could bring a new opportunity, as Ethereum developers introduce innovations that remove previous barriers.
Developers say the upcoming update will eliminate the problems that have so far hindered the wider adoption of on-chain applications.
User experience about to go up a level
One of the most important innovations is that from February, users will be able to pay their gas bills with any cryptocurrency of their choice, including stablecoins. In addition, transactions can be signed using universal devices such as Apple's FaceID and TouchID, making the user experience similar to that of traditional Web2 applications.
Another major innovation is the introduction of session keys. These allow users to browse an application or website for hours while performing a number of secure on-chain transactions without the need for constant approval.
Upcoming updates will allow crypto apps to provide a seamless experience where transaction fees and technical barriers become almost invisible to users.
