Bankless Ethereum’s Next Big Upgrade: Pectra, Fusaka & Beyond | Tim Beiko
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Mar 24, 2025 In this discussion, Tim Beiko, the Ethereum Foundation's Core Devs Coordinator, delves into Ethereum's future with exciting upgrades like Pectra and Fusaka. He explains how the Pectra hard fork will enhance validator efficiency and address scaling issues. Tim also discusses innovative wallet solutions merging EOAs with smart contracts. The conversation highlights the emphasis on security and adaptability in upgrades while navigating the roadmap for Ethereum's scalability. Get ready for a thrilling evolution in the Ethereum landscape!
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Security First
- Ethereum prioritizes security above all else, contributing to its slow upgrade process.
- This cautious approach is necessary due to the irreversible nature of on-chain transactions.
Why So Slow?
- Ethereum upgrades slowly due to its decentralized nature and emphasis on security.
- Unlike centralized systems, Ethereum lacks off-chain resolution mechanisms, necessitating careful on-chain security.
The DAO Hack
- The DAO hack, a significant event in Ethereum's history, involved as much ETH as all current L2s and wrapped ETH combined.
- This highlights the scale of impact required for a social intervention on Ethereum.