Matrixport: Vitalik advocates for Ethereum to move towards simplification, and the Pectra upgrade takes a key step forward

2025-05-07 15:55:58

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ChainCatcher news, Matrixport released today's chart stating that Ethereum co-founder Vitalik Buterin recently expressed that Ethereum will develop towards a more streamlined and robust direction. - Drawing on Bitcoin's minimalist philosophy in core protocol design. He advocates for simplifying the key code of the consensus layer and enhancing the scalability of layer two networks through more mature zero-knowledge proofs (ZK) and optimistic rollup technologies.

The Pectra upgrade, set to launch on May 7, integrates the "Prague" and "Electra" upgrade plans, including 11 Ethereum Improvement Proposals (EIPs), focusing on enhancing the network's scalability, security, and user experience. Key upgrades include: introducing account abstraction mechanisms (EIP-7702), increasing the validator cap (EIP-7251), and doubling the data block (Blob) throughput (EIP-7691) to reduce Layer 2 transaction costs. Despite some issues during the early stages of the testnet, Pectra is still seen as a crucial step in Ethereum's development journey.

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