EIP-3074: Ethereum's Upcoming Hardfork

An explanation of EIP-3074 - changes to EOAs with smart contract functionalities, and the future of wallets.

Nattynatman

Posted on Apr 16, 2024

Big changes are coming to the Ethereum network with the approval of the EIP-3074 upgrade in the next Ethereum hardfork, dubbed ‘Pectra’ or ‘Petra’. Scheduled tentatively for Q4 2024/Q1 2025, this upgrade promises to address several UX and security issues, particularly concerning EOAs (externally owned accounts).

Core Ethereum Developer Tim confirms approval of EIP-3074
Core Ethereum Developer Tim confirms approval of EIP-3074

Understanding EIP-3074

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Nattynatman

@nattynatman

Pluid Content. Writing on web3 happenings, mostly NFTs and gaming.