Week in Ethereum News -The Latest Ethereum News and Upcoming Events This Week

2024-01-02, 01:28

Eth News and Links

Dencun (Cancun + Deneb) upgrade (meta {1704158917966053})

No core devs call this week, next all core devs - ution (ACDE) call January 4

Centralization watch: threatening the value of your ETH

🚨 Lido at 31.62% is far too close to 33.3% threshold

Client diversity (via clientdiversity.org):

ution layer: Geth ~84% supermajority, could possibly cause a chain split

Consensus layer: Prysm 41%, any client bug over 33.3% could mean loss of liveness

Better geographic diversity is optimal, particularly outside of North America & Europe

Research

Vitalik’s Proof of Stake simplification proposal, 3 approaches to cap signatures to 8192 per slot:

DVT: 4096 validators with minimum 4096 ETH deposit, solo stakers join DVT pools

Two-tiered staking: heavy layer (4096 ETH min deposit) finalizes and light layer (no min deposit) attests, heavy layer + 50% or more of online light layer to finalize a block

Rotating participation: randomly choose 4096 active validators, incentive weight decoupled from consensus weight

ution tickets (previously Attester-Proposer Separation): in-protocol ticket market, lottery to select beacon block proposer & attesters and lottery to select ution block proposer & attesters

Blob DA scaling overview: up to 128 blobs via 1D PeerDAS, then increase up to 256 blobs via 2D PeerDAS or full Danksharding

MEV

MEV-Boost auction model and bidding strategies (naive, adaptive, last-minute & bluff bidding) show reducing latency optimizes builders performance

Rekt: $1.3M paid to solo validator by searcher after user error adding liquidity

Layer 2

zkSync Era network issues post-mortem: safety procedure caused sequencer to wait for computed state update mismatch to be resolved

EIPs/Standards

EIPs

EIP7581: Increase block gas target and gaslimit

ERCs (application layer):

ERC7582: Modular accounts with delegated validation (ERC4337 extension)

ERC7583: Inion in smart contract

ERC7584: Linagee Name Registrar and Ethereum Content Delivery Network

ERC7585: MixHash and public data storage proofs

Stuff for developers

Hardhat-chai-matchers v2.0.3: adds Addressable support in withArgs & equals

Solidity memory safety: avoid scratch space between assembly blocks

xdeployer v3.0.0 (Hardhat plugin for deterministic address deployment): uses CreateX

Halmos v0.1.10 (symbolic testing): reduces memory footprint, adds match-test & match-contract options and adds timeout & error failure modes

EVMole v0.3.1 (function selector extractor): adds Rust implementation

Ethernaut CTF solutions in Foundry

Sourcify updates: containerized components, run components with custom configs and removes create2 verification

Security

Trail of Bits: ABI zero-sized types (ZSTs) DoS attack on ABI parsers

Solidity contract with view function verified on Etherscan without view function declared

Eco

Vitalik: make Ethereum cypherpunk again

Etherscan: multichain portfolio and advanced filter time series chart

Onchain stats

Gas fees (via ultrasound.money): 10.0 to 177.0 gwei, with 23.4 gwei average

Zero net issuance currently at 21.9 gwei

1k ETH net burn this week

ETHUSD: $2,194 - $2,431, currently $2,279

ETHBTC: currently 0.055 (Flippening at ~0.16)

Notable at app layer

Infinex (perp trading) live on Base, web2 style UX, self-custody accounts, waitlist

Aave governance v3 live, low cost voting on L2s & other chains, delegations reset

Job Listings

ZK circuits engineer sought by EF Privacy & Scaling Explorations team

Regulation/business/tokens

BarnBridge $1.7M settlement with SEC for selling SMART yield bonds

India block 9 overseas centralized exchanges & issue show cause notices

General

Redditors report Mt Gox fiat repayments to PayPal accounts

Thunder 87k ETH exploit, wallet withdrawals via session tokens from MongoDB connection URL

Upcoming Dates of Note

(new/changes in bold)
Jan 15 – EF’s Next Billion fellowship cohort 4 deadline
Jan 17 – Goerli testnet Dencun upgrade epoch 231680
Jan 30 – Sepolia testnet Dencun upgrade epoch 132608 (assuming no issues)
Feb 2-4 – ETH Cinco de Mayo hackathon (Cholula, Puebla)
Feb 3 – Ethereum Lima Day
Feb 7 – Holešky testnet Dencun upgrade epoch 29696 (assuming no issues)
Feb 23-Mar 3 – ETHDenver BUIDLWeek & hackathon
Mar 13-14 – ETHLatam (San Pedro Sula, Honduras)
Mar 15-17 – Pragma & ETHGlobal LondonMar 19-21 – ETH Canal (Panama City, Panamá)
Mar 21-24 – ETHTaipei conference & hackathon
Mar 27-30 – ETH Bucharest hackathon & conference
Mar 29-31 – ETH Seoul
Apr 5-26 – ETHGlobal Scaling Ethereum (virtual)
Apr 5-7 – EthereumZuri.ch conference & hackathon
Apr 12-14 – ETHDam (Amsterdam) conference & hackathon
May 3-5 – Pragma & ETHGlobal Sydney
May 21-23 – DappCon (Berlin)
May 24-26 – ETHBerlin
May 31-Jun 2 – ETHDublin hackathon & conference
May 31-Jun 2 – ETHPrague conference & hackathon
Jun 3-5 – ETH Belgrade conference
Jul 8-11 – EthCC (Brussels)
Jul 11-14 – Pragma & ETHGlobal Brussels
Jul 26-30 – EDCON Tokyo conference
Aug 23-Sep 13 – ETHGlobal ETHOnline (virtual)
Sep 20-22 – ETHGlobal Singapore
Oct 18-20 – Pragma & ETHGlobal San Francisco
Nov – ETHGlobal DevCon


Disclaimer
Author: Andrew B Coathup and Evan Van Ness, WeekiNethereum.substack Team
Editor: Gate.io Blog Team
*This article represents only the views of the author and does not constitute any investment suggestions.
*Copyright is reserved by WeekiNethereum.substack Team. Please contact us to remove any infringement.
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