Ethereum’s Pectra Upgrade Goes Live on ‘Holesky’ Testnet, But Fails to Finalize
The upgrade was pushed out on Monday, but it wasn’t entirely clear why the test network was not finalizing.
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The upgrade was pushed out on Monday, but it wasn’t entirely clear why the test network was not finalizing.
The growing use of stETH in DeFi protocols means the asset is slowly taking the role of the fed funds rate in the crypto ecosystem, says ARK Invest.
The proposal, initially introduced in February, could harden Ethereum’s native cryptocurrency, ether, as as a form of money – by reducing the inflation of new supply. But some members of the community say if it’s not broke, don’t fix it.
This means there is now a 5.6 day wait for validators to exit the Ethereum blockchain.