Ethereum Foundation Launches Pectra Tesnet ‘Mekong’, ETH Price Set For $4000
The post Ethereum Foundation Launches Pectra Tesnet ‘Mekong’, ETH Price Set For $4000 appeared on BitcoinEthereumNews.com.
Ethereum Foundation on Thursday announced launch of its first short-lived Pectra testnet ‘Mekong.’ This testnet includes all the EIPs proposed for the upcoming Pectra upgrade on the Ethereum network. Will this trigger ETH price rally to $4000 as the price jumped 8% in the last 24 hours? Ethereum Foundation Introduces Mekong Tesnet for Pectra In an official announcement by Ethereum Foundation on November 7, the first short-lived Mekong testnet was introduced after scoping the Pectra fork and four DevNet events The foundation said the Mekong testnet consists of all the EIPs proposed for the next major Pectra upgrade. It includes changes such as UX changes via EIP-7702, staking changes via EIP-7251, changes to the deposits and exit mechanisms via EIP-6110 and EIP-7002. The Mekong testnet is focused on wallet developers to engage with UX changes and for stakers to gain confidence in the upcoming changes. This is a short-lived testnet but the features included will make it into existing public testnets and finally the mainnet. In addition, Ethereum developer Tim Beiko reveals ethPandaOps has introduced this short-lived Pectra testnet Mekong to introduce major changes in mainnet. Also, this helps the crypto community try out EIP-7702, MaxEB consolidations, and more. Moreover, Ethereum Foundation developer Parithosh recommended wallet teams to try Mekong testnet at the DevCon Week, which will run the entire week of November 9-17. If you want something to hack on at DevCon, try out the Mekong testnet! All the pectra EIPs are live: so you can brainstorm your EIP-7702 wallet user flows, deposit a validator to use MaxEB and exit a staking pool validator with a smart contract! https://t.co/GXEqhjrDjS — parithosh | 🐼👉👈🐼 (@parithosh_j) November 7, 2024 ETH Price to Hit $4000 Bullish sentiment surrounding Donald Trump’s win and DevCon event has triggered the rally. Moreover, the launch of…
Filed under: News - @ November 7, 2024 4:28 pm