Ethereum developers announce KEY updates for network efficiency

EIP 7691 enhances blob capacity: The inclusion of Pectra in EIP 7691 promises to double the blob capacity, significantly enhancing Ethereum’s data handling capabilities. This update is crucial in supporting future scalability and improving overall network performance.

EIP 7623 improves transaction speed: EIP 7623 will raise calldata costs, which is anticipated to optimize transaction speed and efficiency within the Ethereum network. This change is expected to provide a better user experience and streamline operations.

Mekong testnet stabilizes for future: Following recent challenges, the Mekong testnet has regained stability. Developers are now focusing on the imminent launch of Devnet 5, with plans to discuss its timeline in the upcoming Pectra test call.