Ethereum is scheduled to deploy the Pectra upgrade to its testnets. On February 24th at epoch 115,968, the upgrade will be implemented on Holesky.
Ethereum's Pectra upgrade is set to hit testnets. On February 24th at epoch 115,968, the upgrade will be implemented on Holesky. Afterwards, on March 5th at epoch 222,464, it will be activated on Sepolia.
The Pectra upgrade is designed to improve the efficiency of Ethereum's virtual machine (EVM) code generation. It optimizes the way that EVM bytecode is generated from Solidity code, resulting in smaller code sizes and faster execution times for smart contracts.
According to the Ethereum developer, Pectra will reduce Holesky testnet smart contract sizes by an average of 6.5%. This optimization is particularly beneficial for large contracts or contracts that perform complex operations, as smaller code sizes can lead to significant improvements in execution speed and gas efficiency.
The upgrade will also be tested on the Sepolia testnet, where it is expected to reduce smart contract sizes by an average of 5.6%. The smaller contract sizes will contribute to faster block propagation times and increased network throughput on Sepolia.
The Pectra upgrade is part of Ethereum's ongoing efforts to enhance the performance and efficiency of its network ahead of the highly anticipated Shanghai upgrade, which is scheduled for March 2023. The Shanghai upgrade will introduce several new features, including the ability to withdraw staked ETH from the Beacon Chain.
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