Ethereum developers reveal key details about Pectra upgrade

In a recent Execution Layer meeting, the Ethereum developers revealed important EIPs that will be added to the upcoming Pectra update. 
Dot
April 12, 2024
Ayush Pande

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

TABLE OF CONTENTS
Photo Source: Nick Chong (Unsplash)

In a recent Execution Layer meeting, the Ethereum developers revealed important EIPs that will be added to the upcoming Pectra update. 

For the uninitiated, EIPs, or Ethereum (ETH) Improvement Proposals are technical standards used to describe updates for the Ethereum network. During the meeting, the developers confirmed that EIPs 2935 and 3074 will be integrated into the Pectra update. 



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


EIP 2935 will let blockchain contracts hold block hash values and allow the BLOCKCHAIN (0x40) opcode to read said contracts. By saving the block hashes inside the state, the developers plan to save disk space by removing the need to store long historical data.

Another proposal that was greenlit for the update was EIP 3074. Currently, users are required to sign transactions every time they wish to interact with a smart contract. EIP 3074 will add the AUTH (0xf6) and AUTHCALL (0xf7) opcodes to delegate authorization permissions to the smart contracts, allowing them to sign transactions instead of the user. 

Meanwhile, EIP 7623, which seeks to adjust the calldata pricing, is also under consideration for the Prague update. The Pectra update will be a combination of two upgrades: the Execution Layer-based Prague update, and the Electra upgrade, which will occur on the Consensus Layer.

Ethereum developers reveal key details about Pectra upgrade

HomeEthereum
Contents
Photo Source: Nick Chong (Unsplash)

In a recent Execution Layer meeting, the Ethereum developers revealed important EIPs that will be added to the upcoming Pectra update. 

For the uninitiated, EIPs, or Ethereum (ETH) Improvement Proposals are technical standards used to describe updates for the Ethereum network. During the meeting, the developers confirmed that EIPs 2935 and 3074 will be integrated into the Pectra update. 



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


EIP 2935 will let blockchain contracts hold block hash values and allow the BLOCKCHAIN (0x40) opcode to read said contracts. By saving the block hashes inside the state, the developers plan to save disk space by removing the need to store long historical data.

Another proposal that was greenlit for the update was EIP 3074. Currently, users are required to sign transactions every time they wish to interact with a smart contract. EIP 3074 will add the AUTH (0xf6) and AUTHCALL (0xf7) opcodes to delegate authorization permissions to the smart contracts, allowing them to sign transactions instead of the user. 

Meanwhile, EIP 7623, which seeks to adjust the calldata pricing, is also under consideration for the Prague update. The Pectra update will be a combination of two upgrades: the Execution Layer-based Prague update, and the Electra upgrade, which will occur on the Consensus Layer.

Ayush Pande

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

In a recent Execution Layer meeting, the Ethereum developers revealed important EIPs that will be added to the upcoming Pectra update. 

For the uninitiated, EIPs, or Ethereum (ETH) Improvement Proposals are technical standards used to describe updates for the Ethereum network. During the meeting, the developers confirmed that EIPs 2935 and 3074 will be integrated into the Pectra update. 



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


EIP 2935 will let blockchain contracts hold block hash values and allow the BLOCKCHAIN (0x40) opcode to read said contracts. By saving the block hashes inside the state, the developers plan to save disk space by removing the need to store long historical data.

Another proposal that was greenlit for the update was EIP 3074. Currently, users are required to sign transactions every time they wish to interact with a smart contract. EIP 3074 will add the AUTH (0xf6) and AUTHCALL (0xf7) opcodes to delegate authorization permissions to the smart contracts, allowing them to sign transactions instead of the user. 

Meanwhile, EIP 7623, which seeks to adjust the calldata pricing, is also under consideration for the Prague update. The Pectra update will be a combination of two upgrades: the Execution Layer-based Prague update, and the Electra upgrade, which will occur on the Consensus Layer.

Written by
Ayush Pande