The post Gnosis Chain to implement major Pectra upgrade on April 30 after two successful testnets appeared on BitcoinEthereumNews.com.

Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest. Berlin, Germany, April 30th, 2025, Chainwire Gnosis Chain, a secure, resilient, and decentralized layer 1 network, will implement its Pectra hard fork on April 30, one week ahead of Ethereum’s planned Pectra implementation. Gnosis will adopt the full Pectra upgrade, making it the first sidechain to do so. The aim of the upgrade is to improve usability, with 11 Ethereum Improvement Proposals (EIPs) being implemented, each designed to improve performance and functionality.  These improvements include enhanced staking capabilities, smart contract functionality for wallets (EIP-7702), account abstraction, and the ability to sponsor transaction fees. These features will make Gnosis Chain more flexible and accessible. After two successful testnet implementations in March – Chiado on Gnosis Chain and Hoodi on Ethereum – Gnosis scheduled the full implementation for April 30 while Ethereum will launch its own Pectra upgrade on May 7.  Philippe Schommers, Head of Infrastructure at Gnosis, said: “At Gnosis Chain, our goal is to be a network that accelerates the adoption of Ethereum – we prioritize being a valuable contributor to the Ethereum ecosystem. Pectra is set to transform user experience on Ethereum, which has at times been a challenge. As we implement Pectra, we hope Ethereum gains valuable insights from our experience. We’re adopting the full update with the exception of blob schedules, and we expect to be the only sidechain to do so in the immediate future.” The Pectra hard fork will support several new beneficial features such as transaction batching, sponsored and conditional transactions, and delegated security—making onchain interactions more seamless and flexible for users. The upgrade will also raise…

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Filed under: News - @ April 30, 2025 2:26 pm