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Ethereum's Next Upgrade, 'Pectra,' Could Include Relief for Institutional Stakers, Wallet UX Improvements

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Margaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.

The contents of the next upgrade,"Pectra," are nowhere near finalized, but developers have previously said their aim with the upgrade will be to ship it while simultaneously working on the chain's next upgrade.

Another one of the main changes likely to occur in Pectra will be a lift to the staking limit for validators, from 32 ETH to 2,048 ETH – a 64-fold increase. That proposal, known as EIP 7251, would allow large staking providers, like Coinbase or Lido, to consolidate their validators operating the Ethereum blockchain – while allowing them to avoid constantly creating new validators every time they have another 32 ETH to stake.

 

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