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+--- Thread: Ethereum Pectra Upgrade (/showthread.php?tid=6297761)
Ethereum Pectra Upgrade - Mewtwo - May 9, 2025
ETH gained 20%+ since the new upgrade happened a day ago. Some are interesting, like:
Increase TPS
Reduced fees
https://www.coinbase.com/learn/crypto-basics/ethereum-pectra-upgrade
Is this an Ethereum comeback? Shall we see the price go back to $4k soon?
RE: Ethereum Pectra Upgrade - thrudda - May 9, 2025
Hope to see it hitting new ATH!
RE: Ethereum Pectra Upgrade - Omniscient - May 9, 2025
Litecoin up 15% this week too. Markets do whatever they please most of the time. I don't think this ETH update mattered to the market.
Quote:This EIP raises the maximum balance for validators from 32 ETH to 2,048 ETH. This allows validators to stake larger amounts more efficiently. It also reduces the number of validators needed, which decreases network load and improves blockchain efficiency.
Wow, that's bullshit. More centralization imho. That's a $5m ETH hold per validator. Only Whales and Corp Entities are gonna be validators now. Bad.
Reading all the EIP's incorporated seems like ETH just attempting to scale in shitty ways. What really needs to happen is that everyone switch to Sui instead.
Those hoping for a new ETH ATH are likely going to be waiting forever and ever. The closest it got this bull run was still 25% off, not even close imho.
RE: Ethereum Pectra Upgrade - Marvelous - May 9, 2025
(May 9, 2025 04:01 PM)Omniscient Wrote: Litecoin up 15% this week too. Markets do whatever they please most of the time. I don't think this ETH update mattered to the market.
Wow, that's bullshit. More centralization imho. That's a $5m ETH hold per validator. Only Whales and Corp Entities are gonna be validators now. Bad.
Reading all the EIP's incorporated seems like ETH just attempting to scale in shitty ways. What really needs to happen is that everyone switch to Sui instead.
Those hoping for a new ETH ATH are likely going to be waiting forever and ever. The closest it got this bull run was still 25% off, not even close imho.
Sui wont gain institutional adoption like ETH already has..
There are 113 validators on the Sui network, that is less that XRP at 150.. and SOL has over 1,000.
ETH has over a million.
More centralization, lmao. Just makes it more convenient for stakers to restake their rewards, like me.. and makes it easier for BLACKROCK and OTHERS, to stake for the ETF that is already approved, and BLACKROCK met with the SEC, TODAY, regarding staking for their ETF.
RE: Ethereum Pectra Upgrade - John Constantine - May 10, 2025
Still have some ETH as I remain bullish on it, happy to see some good news and hopefully some positive price action. ETH has been underperforming lately (before the pump to 2300) and a good bull run would be most welcoming