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Explained: Ethereum’s Pectra Upgrade
- Ethereum is about to schedule its Pectra Upgrade in late April or early May 2025 after the Hoodi Testnet deployment.
- The upgrade aims to make Ethereum more decentralized and censorship-resistant.
- Current problems in Ethereum include censorship threats, inefficient Layer-2 alignments, and centralization risks.
- The Pectra Upgrade is expected to bring benefits such as a faster chain and increased decentralization.
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