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Pectra split into two upgrades with PectrA capped at devnet-3 EIPs & USDS stablecoin live
All core devs
- All Core Devs – Consensus (ACDC) #142:
- Pectra (Prague + Electra) upgrade:
- Pectra-devnet-3: issues found by bad block fuzzer being debugged
- Pectra split discussion:
- Pectra scope (PectrA) capped at EIPs in devnet-3
- Second upgrade scope (PectrB) yet to be decided, concerns on scope creep if not frozen, candidates include PeerDAS & EOF, discussion on including Verkle ahead of EOF and proposal to add EIP7688 SSZ stable container
- Client team perspectives: Erigon & Prysm
- Base proposed Pectra blob increase: client teams generally support increase of blob target but not max count without PeerDAS, needs more analysis, IDONTWANT messages should reduce bandwidth
- PectrA EIP improvements: changes to validator consolidation in EIP7251, deposit flow in EIP6110, attestation refactoring in EIP7549 and opaque requests in EIP7685
- Pectra (Prague + Electra) upgrade:
Pectra (Prague + Electra) upgrade
- Pectra testing call #5:
- Builder specs & remote signer API need updating and more clients ready for EOF devnet
- Consensus-specs v1.5.0-alpha.6: minor fixes for Electra, PeerDAS & ePBS
- EOF implementers call #58:
- Discussions on EIP7761 HASCONTRACT for ERC721/1155 NFTs, EXTCALL return codes and allowing EXTDELEGATECALL to legacy
- PeerDAS breakout #8:
- Debugging local devnet forking issues before launching peerdas-devnet-2
- Validity custody is main remaining spec change before shipping
- Distributed block building call #0 video: discussed Dankrad’s proposal to gossip sample proofs
Centralization watch: threatening the value of your ETH
Lido at 28.1%, still too close to 33.3% threshold- Client diversity (via clientdiversity.org):
- Execution layer: Geth ~52% majority
- Consensus layer: Prysm 37%
- Any client bug over 33.3% could mean loss of finality
- Better geographic diversity is optimal, particularly outside of North America & Europe
Layer 1
- ePBS slot auctions don’t satisfy No Trusted Advantage
- Terence: FOCIL resource considerations
- Potuz: proposal to decouple execution & consensus layer syncing
- Péter Szilágyi: SSZ v0.3.0 (library in Go): adds monolithic type support, fixes decoding zero-length dynamic arrays and adds SizeSSZ
- SSZ deserialization differences disclosed between Prysm & Lighthouse
Research
- Variable orbit single slot finality with circular & spiral finality: review of cumulative committee-based finality under fast-rotating validator committees and avenues to reduce aggregate finality gap
Client Releases
- Consensus layer:
- Lodestar v1.22.0: minor performance optimizations including shortening startup time
- Execution layer:
Layer 2
- Hildobby: L2 blob usage, pruned blobs ~30GB & full history 275GB
- Norswap: cross-chain interoperability overview & applicability to Optimism Superchain
EIPs/Standards
- EIPs (Ethereum improvement proposals):
- EIP7768: No-Ether transactions with free-for-all tips
- ERCs (application layer):
Stuff for developers
- Foundry decode internal: trace internal function calls & generate flamegraph/chart
- Tevm cast: browser based CLI similar to Foundry cast
- Hardhat:
- Remix v0.54.0: adds Cookbook templates & GitHub login from file explorer
- ERC7726 common quote oracle explainer
- Huff (language) sunset, repos archived
- Sourcify: 5M verified contracts available to download in Parquet format or zip
- EthereumJS EVM code & dependencies published as un-minified bundle to gist
- Google Cloud blockchain RPC: mainnet & testnets, free tier up to 100 requests/second
- Semaphore v4: changed to Lean Incremental Merkle Tree and EdDSA identity schema
Security
- DeltaPrime $6M exploit on Arbitrum via compromised admin private key
- Liquid restaking common vulnerabilities & security risks
Ecosystem
- Privacy and Scaling Explorations (PSE): Barry Whitehat leaving, Sam Richards taking over & some projects sunsetting
- Vitalik: An Ethereum Story (movie): token gated stream via $20 mint, available for 1 month
Enterprise
- WisdomTree Connect: tokenized real world assets on mainnet
- Enterprise Ethereum Alliance: DLT interoperability specification v1
Job Listings
- Nethermind: ZK Engineer, Sr Dev, SRE Lead & Sr Embedded Software Dev
- Gnosis seek CoreDevs, Sr Algorithm Engineer, Sr Smart Contract Engineer
- Nomos is hiring Ecosystem Developer, Rust Engineer & Applied Researcher!
- Status free.technology is hiring a Business Developer. More jobs at IFT!
- Join Witnet as a Community Builder! Full-time, remote opportunity.
Job listings: $600 for 4 issues (75 char limit). Pay using 3cities. Questions? abcoathup at-gmail
Onchain stats
- Fees (via ultrasound.money):
- Gas: 0.7 to 85.6 gwei, 6.7 gwei average; zero net issuance at 24.2 gwei
- 12k ETH net issuance this week
- ETHUSD: $2,268 – $2,577, currently $2,556, all time high $4,878
- ETHBTC: currently 0.041 (Flippening at ~0.164)
Notable at app layer
- Sky (formerly Maker) USDS stablecoin & SKY governance token live on mainnet
- 1inch Fusion+: atomic cross-chain swaps, beta
- eth.link: ENS gateway now powered by eth.limo
Regulation/business/tokens
- US SEC end of fiscal year actions:
- FlyfishClub settled for selling NFT restaurant memberships prior to opening
- Commissioners Peirce & Uyeda: “securities laws are not needed here, and their application is harmful both in the present case and as future precedent”
- Rari Capital charged with misleading investors & acting as unregistered brokers
- Prager Metis (auditors) settled for negligence in FTX audits
- FlyfishClub settled for selling NFT restaurant memberships prior to opening
General
- BingX (centralized exchange) hot wallet compromised
- ZackXBT: $243M in BTC stolen from one person via social engineering, two suspects arrested
- Discord audio & video end-to-end encryption rolling out, doesn’t include group chats & DMs
END OF SERVICE: plan to deprecate Week in Ethereum News
Editor: @abcoathup
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Permalink: https://weekinethereumnews.com/week-in-ethereum-news-september-21-2024
Upcoming Dates of Note
(new/changes in bold)
- Sep 26-27 – ETHMilan conference
- Oct 4-6 – Ethereum Kuala Lumpur conference & hackathon
- Oct 4-6 – ETHRome hackathon
- Oct 17-19 – ETHSofia conference & hackathon
- Oct 17-20 – ETHLisbon hackathon
- Oct 18-20 – ETHGlobal San Francisco hackathon
- Nov 12-15 – Devcon 7 – Southeast Asia (Bangkok)
- Nov 15-17 – ETHGlobal Bangkok hackathon
- Dec 6-8 – ETHIndia hackathon
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