CoinDesk's weekly cryptocurrency tech development wrap-up, The Protocol, is here. I'm Margaux Nijkerk, Ethereum protocol reporter.
This issue covers key network news, including Ethereum's Pectra upgrade, which aims to improve staking, wallet functionality, and overall efficiency. The upgrade increases the ETH staking limit from 32 to 2,048, streamlining operations for stakers. Bitcoin Core devs plan to remove the OP_RETURN limit, sparking debate over transparency and potential abuse. WorldCoin launches in 6 US cities, with 7,500 eye-scanning orbs to be rolled out by year-end.
Aztec's layer-2 rollup testnet is live after 8 years of development, focusing on privacy solutions for large institutions.