Vitalik Buterin Unveils Pectra Hard Fork: Ethereum’s Layer-2 Capacity Set to Double
Vitalik Buterin recently announced the upcoming Pectra hard fork, a significant upgrade for the Ethereum network. This hard fork aims to double the layer-2 capacity, a move expected to dramatically enhance the network’s scalability. By increasing the blob target from 3 to 6, Ethereum will be primed for smoother transaction processing, which addresses ongoing issues of congestion and high fees. The crypto community anticipates this upgrade as a pivotal step towards improved performance and wider adoption of Ethereum. Monitoring the impacts of the Pectra hard fork will be vital for developers and investors alike as they navigate the evolving landscape of blockchain technology.