Prague/Electra Upgrade

The anticipated Prague/Electra upgrade encompasses a set of improvements still in active development. It’s envisioned as a two-part upgrade with distinct functionalities for the execution layer (Prague) and the consensus layer (Electra) of the Ethereum blockchain.

Potential EIPs include further advancements in Account Abstraction for seamless user experience (Prague) or initial steps towards improved scalability with EIP-4844 (proto-danksharding). Account abstraction can make interacting with Ethereum more user-friendly and flexible. Proto-danksharding paves the way for future scalability upgrades, allowing the network to handle a higher volume of transactions.

More Definitions

Danksharding

Danksharding represents the crucial path towards achieving true scalability for Ethereum, necessitating several essential protocol upgrades to be implemented. Proto-Danksharding serves as an intermediate milestone on this journey, with the shared objective of optimizing Layer 2 transactions to ensure cost-effectiveness for users.

Ethereum Improvement Proposals (EIPs)

Ethereum Improvement Proposals (EIPs) are standards outlining proposed changes or enhancements to the Ethereum network. These proposals cover a wide range of topics, from technical upgrades to changes in network governance.

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