TechFlow reports, ETH Daily stated that Ethereum core developers plan to launch the Pectra upgrade in the first quarter of 2025. The upgrade includes:
1. Eleven EIPs introducing the Ethereum Virtual Machine Object Format (EOF), providing an optional container for EVM code.
2. Inclusion of the PeerDAS data availability sampling scheme, leveraging Ethereum's existing peer-to-peer components.
3. Replacing account abstraction EIP-3074 with EIP-7702 proposed by Vitalik, enabling externally owned accounts (EOAs) to function as smart contract wallets.
Pectra consists of the Prague upgrade on the execution layer and the Electra upgrade on the consensus layer. The final scope of the upgrade is still under discussion and may see changes, such as postponing Verkle to the next hard fork.
