以太坊的pectra升级不会对权力下放构成威胁

据区块链软件公司Consensys高级研究总监Mallesh Pai称，该更新将其清理为幕后的“忙碌工作”

Pectra, Ethereum’s most extensive network upgrade since the Merge took place in September 2022, allows validators to stake as much as 2,048 ETH, up from the previous limit of 32 ETH. The new standard has brought up community concerns about the risks of centralization on the network.

以太坊自2022年9月合并以来，以太坊最广泛的网络升级Pectra允许验证者持有高达2,048的ETH，高于先前的32 eth限制。新标准引起了社区对网络集中化风险的担忧。

However, according to Mallesh Pai, senior research director at blockchain software firm Consensys, Pectra is cleaning up the backend "busy work" currently handled by validators and doesn't pose a threat to decentralization.

但是，根据区块链软件公司Consensys高级研究总监Mallesh Pai的说法，Pectra正在清理当前由验证者处理的后端“忙碌工作”，并且不会对分散化构成威胁。

During a May 9 Cointelegraph X Space, Pai said a validator’s chances of proposing a block or earning rewards remain tied to how much ETH they hold, and that larger validators don't gain any new advantages under the upgrade:

在5月9日的Cointelegraph X空间中，PAI说，有验证者提出块或赚取奖励的机会仍然与他们持有的ETH持有数量有关，并且较大的验证者在升级下没有获得任何新优势：

"The way that the economics of the protocol work out, if you have more ETH, you'll get more chances to propose a block and earn rewards. That's how the protocol is defined and designed to work."

“协议的经济学运作方式，如果您有更多的ETH，您将获得更多的机会提出一个块并获得奖励。这就是协议的定义和设计用于工作的方式。”

Pectra is also rolling out a total gas limit lower than the usual 10 million gas limit, Pai noted, adding that this will lower gas fees for users.

Pai指出，Pectra还将推出总的气体限额低于通常的1000万天然气限制，并补充说，这将降低用户的汽油费。

"We're trying to get to about 30,000 validators, but right now we have about a million technical validators, but many of them aren't distinct. For example, a large validator might have 10 or 20 keys on a single physical machine. But with Pectra, we're seeing those keys get consolidated to about 30,000 validators in the best case."

“我们正在尝试获取约30,000个验证器，但是现在我们有大约一百万个技术验证器，但是其中许多并没有区别。

Pai explained that Pectra has taken "a bunch of busy work that the network was doing behind the scenes and removed it."

Pai解释说，Pectra采取了“网络在幕后做的一堆繁忙的工作并将其删除。”

"For example, there used to be a block proposer who was randomly selected by the chain to propose a block, but now that role is given to the validator who has the highest balance at the time. So the busy work of randomly selecting a block proposer is no longer needed."

“例如，曾经有一个由链条随机选择的块提议者来提出一个块，但是现在该角色已赋予当时具有最高余额的验证者。因此，不再需要随机选择块提议者的忙碌工作。”

According to Pai, this consolidation will reduce auxiliary work and enable network stakeholders to focus on what matters, such as lowering gas limits.

根据PAI的说法，这种合并将减少辅助工作，并使网络利益相关者能够专注于重要的事情，例如降低气体限制。

"We're also seeing that the total gas limit is lower than usual, usually 10 million gas, but with Pectra it's lower, which will lower gas fees for users."

“我们还看到，总的气体限制低于平常，通常是1000万天气，但是pectra较低，这将降低用户的汽油费。”

New Pectra staking limit paves the way for institutions

新的pectra Staging Limit铺平​​了机构的道路

The new limit could pave the way for institutions to stake ETH, according to Artemiy Parshakov, vice president of institutions at Ethereum staking service P2P.org.

Ethemiy Parshakov表示，新的限制可能为机构提供利用ETH的道路铺平道路。

"EIP-7002 makes institutional staking much easier to integrate without taking too much risk. For example, if an institution wants to stake 10,000 ETH, they can set up 32 validators themselves, but the process is complicated and they might encounter difficulties. But if the limit is raised to 2,048 ETH, they can simply create a few validators to manage the funds."

“ EIP-7002使机构的存放更容易整合而不承担过多的风险。例如，如果机构想持有10,000 ETH，他们可以自己设置32个验证器，但是该过程很复杂，并且可能会遇到困难。但是，如果限制会提高到2,048 ETH，则可以简单地创建一些验证者来管理Funds。””

Ether staking within exchange-traded funds has been a hot topic in 2025. BlackRock has said that the successful Ether ETFs are less perfect without staking, and multiple financial institutions have filed for amendments to their Ether ETFs to allow for staking.

在交易所交易的资金中以太币的积分一直是2025年的热门话题。黑石曾表示，成功的Ether ETF在没有State的情况下就不那么完美了，并且多家金融机构已向其Ether ETF申请了修正，以允许静止。

If approved, investors might be more inclined to buy into the ETFs, as they could receive yield. The SEC has yet to rule on staking amendments.

如果获得批准，投资者可能会更倾向于购买ETF，因为他们可能会获得收益。美国证券交易委员会尚未裁定进行制定修正案。

According to Bloomberg ETF analyst Eric Balchunas, if staking were to be approved for Ether ETFs, it would have “a little impact” on inflows.

根据彭博ETF分析师埃里克·巴尔库纳斯（Eric Balchunas）的说法，如果要批准放入Ether ETF，它将对流入有“一点影响”。

"The bigger problem with Ethereum is performance, it just doesn't ever go on a nice long rally," Balchunas recently forecasted in a podcast interview.

“以太坊的更大问题是性能，它永远不会进行漫长的集会，”巴尔库纳斯最近在播客采访中预测。