Ethereum Developers Explore Upgrades: EIP 7782 and 7783 Discussion

Latest Developments in Ethereum: Insights from the 198th Ethereum Core Developers Call

The Ethereum network continues to evolve, with significant updates discussed during the 198th Ethereum Core Developers Execution (ACDE) call, as summarized by Christine Kim from Galaxy Research.

Upcoming Pectra Upgrade: EIP 7782 and 7783

Among the key topics during the call were Ethereum Improvement Proposals (EIPs) 7782 and 7783, potentially set to debut with the upcoming Pectra upgrade.

EIP 7782 proposes an exciting reduction in slot time from 12 seconds to a faster 8 seconds. This change could greatly enhance transaction speeds and network efficiency.

Meanwhile, EIP 7783 introduces an innovative mechanism aimed at increasing the block gas fee limit. This aims to address scalability and transaction costs, ensuring that the network can handle increased usage without compromising performance.

Decisions Pending on EIPs for Pectra

However, the core developers have yet to finalize whether these EIPs will be included in the Pectra upgrade or postponed for future updates. A deadline has been set for submitting proposals for auditing the Pectra system contracts, which is due by October 11. Accepted proposals will be confirmed by October 22.

Inclusion of EIP 6110 in Devnet 4

In more concrete action, the developers have decided to include the EIP 6110 update in the upcoming Devnet 4. The aim is to launch Pectra Devnet 4 ahead of the next core developers consensus call scheduled for October 17.

Naming the Public Pectra Testnet

Another interesting development is the community's active role in naming the public Pectra testnet. Suggestions such as MooDeng and Khlong have been proposed, reflecting the community's engagement in the development process.

As Ethereum continues to innovate with these enhancements and community involvement, stakeholders in the crypto space remain eager to see the positive outcomes from these proposed changes.

Conclusion

The Ethereum ecosystem is set to undergo significant upgrades with the Pectra enhancement. Stay tuned for further developments leading to the launch and community feedback on upcoming features.