Despite Ethereum’s development, this group isn’t interested in ETH right now
What new format for improvement proposals was suggested?
A new standardized format for writing improvement proposals was suggested during the Ethereum developers' meeting to ensure better reviews. This format aims to streamline the proposal process and improve the overall development of the Ethereum network.
How will Devnet 1 change the Ethereum validation process?
Devnet 1 will introduce two major changes to the Ethereum validation process. First, it will implement a more efficient way for validators to work together. Second, it will introduce the EIP 7702 system, allowing users to grant permission to other programs to control their transactions.
What is the Pectra upgrade on the Ethereum network?
The Pectra upgrade on the Ethereum network is a significant update that combines the Prague upgrade for the execution layer and the Electra upgrade for the consensus layer. It aims to enhance the network's performance and scalability through various Ethereum Improvement Proposals (EIPs), including EIP-3074 for wallet functionality and EIP-7251 for increased validator stake limits4. The upgrade is scheduled to go live in the first quarter of 2025.