Ethereum's Pectra upgrade is expected to be fully completed in the first quarter of 2025, with plans to process 10 million transactions per second at a lower cost.
The Pectra upgrade will impact the Ethereum network at the base layer and enhance the end-user experience.
The upgrade includes a proposal to temporarily convert externally owned accounts to smart contract accounts.
The native rollup concept and increasing the Ethereum economy are essential aspects discussed in the Ethereum community.