7 May | Ethereum

Ethereum co-founder announces enhanced security in Pectra upgrade

Ethereum co-founder announces enhanced security in Pectra upgrade

Ethereum co-founder Vitalik Buterin noted the trend of Layer 2 (L2) protocols advancing from the basic Stage 0 to higher security levels. This process coincided with the release of a major Pectra upgrade that supports L2 development. It should improve the staking mechanism, wallet functions, and performance of Ethereum L2 solutions, Crypto Front News reports.

Buterin emphasized that the development team's primary goal is to increase the security level of the ecosystem for user growth and institutional adoption. The Pectra upgrade is expected to double the throughput capacity of Layer 2 networks, according to the expert.

Ethereum co-founder also suggested introducing multi-signatures with independent verifications into the ecosystem for increasing the protocols' reliability at early stages, Crypto Front News reports.

Period: 27.05.2025 Expectation: 50000 pips
Buying BTCUSD amid growing institutional adoption with target 110,000
Today at 12:21 PM 10
Elizabeth_Kuzmicheva
Elizabeth_Kuzmicheva

Listed among the best MarketCheese authors
1st in the segments "Metals" and "Oil and gas"
Period: 30.05.2025 Expectation: 5000 pips
Tesla shares correct after explosive gains
Today at 08:25 AM 15
Period: 22.05.2025 Expectation: 600 pips
AUDUSD will grow to 0.64900 amid US rating downgrade
Today at 08:20 AM 12
Gold buy
Period: 23.05.2025 Expectation: 6000 pips
US credit downgrade would send gold to 3290
Yesterday at 11:09 AM 118
Period: 26.05.2025 Expectation: 3000 pips
Fundamental factors constrain SPX's growth potential
Yesterday at 08:27 AM 48
Elizabeth_Kuzmicheva
Elizabeth_Kuzmicheva

Listed among the best MarketCheese authors
1st in the segments "Metals" and "Oil and gas"
Period: 23.05.2025 Expectation: 700 pips
Silver will drop to 31.7 amid de-escalation of US-China relations
Yesterday at 07:55 AM 28
Go to forecasts