Ether Developers to Launch Pectra Testing on Holesky

Ethernet's Pectra upgrade will go live on the Holesky test network today at 9:55 p.m. UTC, allowing developers to test new improvements before they make their way onto the main Ethernet network.Pectra introduces features to enhance Ethernet accounts, support Layer 2 extensions, and improve the user experience for verifiers. According to the Ethernet Foundation, Pectra represents a significant step towards account abstraction. One of the major changes includes EIP-3074, which enhances Ethernet account abstraction by allowing Externally Owned Accounts (EOAs) to perform bulk transactions and sponsor gas payments. In addition, the Pectra upgrade will increase Ether's blob capacity by 50 per cent. The mainnet currently supports an average of three blobs per block, which will increase to six after Pectra is deployed