Ethereum was all set to pump thanks to Hong Kong’s spot ETH approval. However, it was cut short due to the tension surrounding the Iran-Israel conflict. Experts still believe that once the smoke blows away, Ethereum will pump in value as the news of its spot approval goes viral.
Even after that, we believe Pushd has far more growth potential than Ethereum in the current market. It has the potential to become a blue-chip cryptocurrency. This decentralized e-commerce platform will make buying and selling much more profitable.
After the successful Duncan upgrade, Ethereum’s team has decided to go for the “Pectra” upgrade. It might sound like a big one, but it does not. Tim Beiko, in an interview with CoinDesk, said that Pectra is all about sorting out the small and easier stuff while preparing for the main event. This upgrade mainly aims to make minor code changes and increase staking limits for validators.
The Ethereum Improvement Proposal, or EIP, is a document with recommended protocol changes. The EIP 3074 and 7251 are the two main changes happening in the Pectra upgrade. In EIP 3074, some code changes will increase the user experience of Ethereum wallets. It will also allow users to batch transactions and sign them simultaneously.
On the other hand, EIP 7251 will increase the staking limit for validators from 32 ETH to 2,048 ETH. It will allow large staking companies like Coinbase to consolidate their existing validators. Now, they don’t have to create new validators every time they have 32 ETH for staking. This will also lighten the operational load on large stakers.
Even with these minor updates, Ethereum might not have the growth potential that Pushd possesses. As a result, Ethereum investors are moving their
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