binji 🔴 on Warpcast

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the ethereum pectra upgrade is coming. it’s one of the most ambitious upgrades yet. here is what you need to know 🧵

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so, what is pectra? pectra = prague + electra. it’s ethereum’s glow-up. let’s dive in.

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first, the process: teams tested over 100 devnets during an event in kenya (nyota interop). they tried everything. from there, they narrowed down 20+ ideas into 11 that are ready for prime time. prime time = pectra

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here’s what’s in the pectra upgrade: -2537: bls12-381 precompiles -2935: historical block hashes in state -6110: validator deposits on-chain -7002: triggerable exits -7251: raise max effective balance -7549: streamline validator voting -7623: calldata cost adjustments -7685: general execution layer requests -7691: blob throughput increase -7702: eoa account code -7840: blob scheduling

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eip-7702: upgrading EOAs (normal/basic/boring wallets into smarter sexier hotter wallets). Think of this like the iPhone moment for wallets. today, wallets are kind of basic. they can’t do much beyond sending transactions. this eip lets today’s EOA wallets act like “smart wallets”: - batching multiple actions into one tx (eg bridge and execute a swap OR buy a punk then send it to binji.eth in one tx!) - conditional payments (e.g., “pay only if this happens”). - sponsored txs (someone else pays gas fees for you). apps and wallets can get REALLY creative with this.

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eip-2537: bls12-381 precompiles ethereum just got a nerdy new calculator for doing super-complicated math. why does this matter? - zk tech becomes faster (gm, privacy + scalability). -staking systems get smarter. imagine trying to solve a calculus problem with a stick in the dirt, and then someone hands you a calculator, this is that.

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eip-2935: saving historical block hashes right now, ethereum is like your friend who only remembers what happened last week. this upgrade gives it memory stretching back months. - apps can reference old data. - light clients (small, efficient nodes) become actually useful. also, this is step 1 toward making ethereum “stateless,” aka nodes that don’t hoard every single thing forever.

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eip-6110: fixing staking deposits stakers today face a weird delay before their deposits are recognized, like waiting for a text back from someone you just Venmo’d. this eip removes that delay. deposits now process faster. validators rejoice.

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eip-7002: more control for validators validators have two keys: 1.the “do my job” key. 2.the “pay me my money” key. right now, only the first key works for exiting. this eip says, “let’s use the second key too,” giving validators more control over their funds. staking pools (like lido) and other setups also get a big decentralization boost.

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eip-7251: raising the staking balance cap imagine running a business where you stop earning profits after $32 (lol). that’s staking today. this eip raises the cap to 2,048 eth. now validators can compound rewards up to big-boy levels. fewer validators = a cleaner network = less stress for everyone.

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