PANews reported on March 7 that according to CoinDesk, Ethereum developers decided to postpone the Pectra upgrade and conduct further testing due to vulnerabilities caused by configuration errors on the test networks Holesky and Sepolia.
The delay was originally planned to be determined in a conference call on March 6 to determine the mainnet launch date of Pectra, but due to unstable testing, developers decided to create a "shadow fork" of the Holesky testnet so that key stakeholders (such as staking pools and DApp developers) can continue to test its code before Pectra is officially launched. The Holesky network is expected to resume normal operation on March 28.
Pectra upgrade core improvements:
• EIP-7702: Give wallets smart contract functionality, promote account abstraction, and allow transaction fees to be paid with non-ETH.
• EIP-7251: Increase the maximum staking amount of validators from 32 ETH to 2,048 ETH, reduce validator node splits, and improve network operation efficiency.
Although the goal of the Pectra upgrade is to improve the usability and competitiveness of Ethereum, the postponed decision has caused dissatisfaction among some in the community, criticizing the Ethereum Foundation for failing to develop a clear development roadmap and being at a disadvantage in competing with emerging networks such as Solana.
