The new hard fork should enable some significant upgrades.
First, increasing anonymity will come with new zk-SNARKs, or Zero-knowledge proofs. Users will be able to perform anonymous transactions at higher levels than in the past.
Second, programming and smart contracts will be made far easier with the new upgrade, relieving some of the pressure on current programmers. Gas will also be adjusted for bill settling.
Third, masking for security enthusiasts will allow users to determine the address for which they have a private key. This will increase security on the network, even against quantum computer hacking.
Finally, the upgrade includes a Difficulty-Bomb intended to make mining exponentially more difficult.
The bomb is designed to be an intermediate step in the transition from proof-of-work (PoW) to proof-of-stake (PoS) on the network. This has often been referred to as the Ethereum Ice Age.