The Protocol: Ethereum’s Pectra Upgrade Finally Goes Live
Also: Bitcoin Devs Debate OP_RETURN, World Network Launches in U.S., and Aztec Testnet Launches
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Also: Bitcoin Devs Debate OP_RETURN, World Network Launches in U.S., and Aztec Testnet Launches
After two buggy tests, Ethereum’s developers have decided to spend a bit more time collecting data on the highly-anticipated Pectra upgrade.
The upgrade was pushed out on Monday, but it wasn’t entirely clear why the test network was not finalizing.
Plomin comes just four months after Cardano’s Chang hard fork, which put many of the mechanisms in place for Wednesday’s upgrade.
Far from making zero-knowledge rollups obsolete, the Beam Chain would make them work better, says Polygon. zkSync builder Matter Labs is also bullish.
The program, called Retro9000, is supposed to encourage developers to build on Avalanche ahead of a much-anticipated upgrade known as Avalanche9000.
The decision to split up the upgrade wasn’t unexpected. Developers had been discussing previously that Pectra was becoming too ambitious to ship all at once, and expressed desires to split it in order to minimize the risk of finding bugs in the code.
The migration from POL to MATIC will also bring in some tokenomics changes with a new emission rate of 2%.
The highly anticipated upgrade markes the ecosystem’s long-planned shift towards decentralized governance.
NEAR Protocol has deployed a major upgrade known as “Nightshade 2.0” on its main network, designed to improve the scalability and usability of the blockchain.