Tag: vitalik

Pectra Hard Fork Set to Double Layer-2 Throughput, Says Vitalik

Ethereum’s Pectra upgrade drops in March, doubling Layer-2 capacity, cutting fees, boosting staking, and making wallets smoother. ETH already pumping!

Ethereum’s next major upgrade, the Pectra hard fork, is dropping in March 2024, and it’s bringing some serious upgrades. Vitalik Buterin just confirmed that this update will double Layer-2 capacity by increasing the blob target from 3 to 6—meaning faster transactions and lower fees.

If you’re wondering, blobs are huge data chunks introduced in the Dencun hard fork last year. They help Layer-2 networks handle more transactions without blowing up gas fees. With Pectra, Ethereum will scale even further, making it more efficient and affordable to use.

Originally, Pectra was packed with 20 upgrades, but devs split it into two parts for a smoother launch. Besides boosting blob space, it’ll also increase validator staking limits and improve wallet experiences.

Meanwhile, Ethereum’s gas limit is back in the spotlight. Some think raising it will lower costs, while others worry about network stability.

Vitalik also floated an idea-let stakers vote on future blob capacity instead of relying on hard forks. That would make Ethereum more flexible, future-proof.

Market’s already reacting-ETH up 10% in a day and swinging back hard. The hype for Pectra is real, and Ethereum’s future is looking lit!

Also Read: Crypto Market Crash: Trump’s Tariffs or Overheated Top Signals?

Ethereum Shake-Up: Developer Exits as Vitalik Reshapes EF Leadership

OG Ethereum dev Eric Conner dips after EF leadership shake-up, joins FreysaAI to safeguard crypto prize pools with AI.



Big changes are hitting the Ethereum world. Eric Conner, one of the real OGs of Ethereum development, just announced he’s leaving the community. This comes right after Vitalik Buterin dropped news about reshuffling the Ethereum Foundation (EF) leadership.

Eric’s been in the game for over a decade, making waves in Ethereum’s DeFi scene. His standout work is basically co-authoring EIP-1559, the game-changing upgrade that revamped how transaction fees work. Pretty legendary stuff.

In an X post, Eric shared how Vitalik’s early pitch for Ethereum hit him harder than Bitcoin ever did. But now? The vibe’s different. Eric’s passion for Ethereum faded as the EF’s upper management shifted directions. He felt like the connection between the community and leadership got blurry after Vitalik stepped back.

“I respected Vitalik as a genius and a solid leader,” Eric said. “But with him taking a step back, EF just didn’t feel the same.”

So, what’s next for Eric? He’s diving into the AI world, joining FreysaAI—a project on the Base blockchain. Their mission? Using AI agents to protect crypto prize pools. A fresh chapter for a DevFi legend.

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