Ethereum developers have postponed the Pectra update to an advanced date. The success of the transition to the main network will depend on the results of the testnets in the newly initiated Hoodi testnet.
Why was Ethereum Pectra update postponed?
Ethereum’s core developer team postponed the Pectra update to April-May. The main reason for this decision is to ensure that the update is implemented without any problems depending on the results of the new tests to be performed in Hoodi testnet.
At the developer meeting held on March 13, the team decided to start the Hoodi test network on March 17th. The elimination of errors identified in Holesky and Sepolia test networks before is seen as one of the most critical stages of this process.
Tim Beiko, one of the Ethereum developers, emphasized the importance of this process with the following words:
Hoodi will allow us to test the Validator outputs. It is impossible to do this on Houlesky right now because it will take about a year to discharge the output tail. All other functions of Pectra can be tested in Holesky and Sepolia.
What awaits the Ethereum network after the Pectra update?
Ethereum’s Proof-of-Stake (POS) system has an input-exit process for validators who want to be a block manufacturer. Currently, the new validators to join the network on the main network takes about an hour, while the Houlesky testnet this time can take a year.
For this reason, detailed tests will be held in Hoodi for Pectra to work smoothly on the main network. The developer team summarized this process as follows:
Pectra’s application on the main network will be determined after the tests on Hoodi are successful and the testing status of the client teams. The main network update will be planned at least 30 days after the Hoodi fork (on April 25 or later).
As this process continues, some features of Pectra will continue to be tested in Holesky and Sepolia test networks.
What’s on the agenda after Pectra?
After the Pectra update, Ethereum’s focus will be Fusaka. The main objective of Fusaka is to scale Layer 2 (L2) solutions and to reduce the process costs in the Ethereum network.
- Research teams need to present their development suggestions for Fusaka until the beginning of April.
- Paradigm CTO Georgios Constantopoulos called the Ethereum team to accelerate the Fusaka update.
- Vitalik Botter, the founder of Ethereum, said in a statement in March and emphasized that Fusaka should be implemented in 2025.
Vitalic Botter, the development process said:
Our goal for 2025 is to integrate Fusaka with Peerdas in L1 and to ensure that it works with the target of 48/72 BLOB. Immediately after Pectra was released, we must initiate a Fusaka test that works with these BLOB parameters.
Efforts to strengthen Ethereum’s competitive position
Ethereum’s main purpose with these updates:
- Reducing the transaction costs further,
- Increasing the process capacity of the network,
- To strengthen competition with Solana and other smart contract platforms.
Pectra and the following Fusaka updates will play a critical role in Ethereum’s long -term growth plans. However, as the main network transition dates depend on the test results, it is important that investors closely monitor the updates.
As Kriptokoin.com, we have included the analyzes on the impact of the Pectra update on the price.
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