The post Ethereum Launches Mekong Testnet For 2025 Pectra Upgrade, ETH Price To Rally? appeared on BitcoinEthereumNews.com.

The Ethereum developers have launched the Mekong testnet for testing crucial changes for the upcoming Pectra upgrade which is expected to rollout on Ethereum mainnet in the first half of 2025. This temporary test network enables initial experiments with new code changes before such modifications are moved to the public testnets, including Sepolia, and further to the mainnet. In a recent blog post, Mekong has been described as a “playground” by Ethereum’s core developers. It is for both the wallet developers and stakers as they can test and experiment Pectra’s recommended features. – Advertisement – All EIP’s for Pectra to be included as part of the upgrade are now committed to the Mekong branch. This has been marked as the complete version of the upgrade. Mekong, as of now, is the final architecture of Pectra and the minor changes in specification or small EIPs may still be introduced before starting the testing phase of the mainnet release. Pectra’s Key Features Aim to Improve User Experience and Network Efficiency At first, there were plans for Pectra upgrade to include 20 EIPs, though the current count stands at eight. These changes are made to enhance the experience of Ethereum users and optimize the functioning of the network. Among the most important changes is the growth of the maximum stake that validators can use – from 32 ETH to 2,048 ETH, which is aimed at attracting large stakers and institutional investors. New improvements to deposit and exit functions are also being considered. This is to make staking more efficient and improve the network’s security and user experience. Mekong allows wallet developers to experiment with the user experience improvements with respect to Pectra goals. These changes are expected to enhance the wallet experience. This would make Ethereum more appealing to direct users and institutional…

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Filed under: News - @ November 8, 2024 10:26 am