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Paradigm Shares Insights on Ethereum Hard Fork Prague and 2024 Plans

Published 01/18/2024, 06:46 PM
Updated 01/18/2024, 07:15 PM
Paradigm Shares Insights on Ethereum Hard Fork Prague and 2024 Plans
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  • According to Paradigm, Ethereum is planning an upcoming hard fork called Prague in 2024.
  • Prague is expected to debut on Ethereum testnets by Q3 2024, with a potential mainnet launch by the end of the same year.
  • Primary objectives of Prague include staking-related EIPs like EIP-7002 and isolated Ethereum Virtual Machine (EVM) changes.

In a recent report, research-driven investment firm Paradigm shared their perspectives on the upcoming Ethereum hard fork, Prague, and their broader development plans for 2024. According to the report, the Prague hard fork is expected to make its debut on Ethereum testnets by Q3 2024, with a potential mainnet launch by the end of the same year.

The primary objectives for this hard fork include the incorporation of staking-related Ethereum improvement proposals (EIPs), specifically EIP-7002, which facilitates re-staking and trustless staking pools. Additionally, the Prague upgrade aims to introduce isolated Ethereum Virtual Machine (EVM) changes.

The report highlights several EIPs that the team considers priorities. Among them are EIP-7002, which unlocks trustless r…

The post Paradigm Shares Insights on Ethereum Hard Fork Prague and 2024 Plans appeared first on Coin Edition.

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