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Pectra (Prague + Electra) upgrade (meta EIP7600)
- Latest all core devs – consensus (ACDC) call video. Recap from Alex Stokes. Notes from Christine Kim:
- Confirmation rule research: algorithm determines if block always in canonical chain
- Pectra-devnet-0: plan to launch in ~10 days, client teams making good progress, attestation refactoring for EIP7549 taking extra time
- EIP7684 return deposits for distinct credentials: proposal to mitigate deposit front-running for staking pools
- PeerDAS: client teams making progress, synchrony assumption on sampling discussion
- consensus-specs/releases v1.5.0-alpha.1: CL spec target of pectra-devnet-0, bug fixes for test cases & new fork tests
- EIP2537 BLS12 precompile benchmarks
- Future of EOA/AA breakout call #2 scheduled for May 7
- Yoav Weiss: Account Abstraction roadmap, towards native AA starting with L2
Centralization watch: threatening the value of your ETH
- Lido at 28.68% still too close to 33.3% threshold
- Client diversity (via clientdiversity.org):
- Execution layer: Geth ~63% majority
- Consensus layer: Prysm 38%
- Any client bug over 33.3% could mean loss of finality
- Better geographic diversity is optimal, particularly outside of North America & Europe
Layer 1
- Erigon switching development to v3
- Slashing Proofoor: prove a validator hasn’t been slashed using EIP4788 beacon block root in EVM
- Terence: builder reveal timing game post ePBS
Client Releases
- Consensus layer:
- Nimbus v24.4.0: stability & performance improvements
- Execution layer:
- Erigon
- Otterscan v2.5.0 alpha: improved Optimism support
- Erigon
For Stakers
- Teku adds client info to graffiti: appends client types & versions to improve client diversity data, opt-out
Layer 2
- Lattice Redstone live, uses Plasma mode offchain data availability
EIPs/Standards
- EIPs:
- EIP7701: Native account abstraction with EOF
- ERCs (application layer):
- ERC7700: Cross-chain storage router protocol
Stuff for developers
- EIP5792 site (wallet call API): API reference, capabilities & ecosystem support
- Wagmi v2.8.0: adds experimental EIP5792 actions & hooks
- Reth Execution Extensions (ExEx): post-execution hooks for building offchain infrastructure
Security
- Pike ~$2M in two exploits, first via weak security handling of cross-chain transfer protocol transfers (identified by auditor) and second via faulty upgrade to pause the protocol
- DeFi risk modeling: security implications of economic research
Ecosystem
- Ethereum reached 1 million validators
Job Listings
- stakefish: DevOps Engineer & Full-stack Engineer
- Devcon: Production Magician & Volunteer Coordinator
- ChainSafe: Head of Protocol Engineering and Developer Relations – Sygma
Job listings: $600 for 4 issues (75 char limit). Pay using 3cities. Questions? abcoathup at-gmail
Onchain stats
- Gas fees (via ultrasound.money): 3.4 to 91.4 gwei, with 8.4 gwei average
- Zero net issuance currently at 23.2 gwei
- 11k ETH net issuance this week
- ETHUSD: $2,859 – $3,342, currently $3,102
- ETHBTC: currently 0.049 (Flippening at ~0.16)
Notable at app layer
- Fantasy.top (CryptoTwitter fantasy sports game) live on Blast.
- If you need a signup code
- Friendtech v2: adds clubs & $friend airdrop
- Eigen token, non-transferable & airdrop geoblocked after allowing deposits from those countries
- Aave proposed roadmap: v4, cross-chain liquidity layer, real world asset products built around GHO stablecoin and Aave network
- Paragraph acquires Mirror
- DefiLama airdrops: check any address, no signing or signup required
- Gitcoin Grants donation history for an address
- A look at yields in DeFi this week
Regulation/business/tokens
- Former Binance CEO CZ sentenced to four months prison
- ENS challenge Unstoppable Domains patent
General
- Vitalik: Binius, efficient proofs over binary fields
- Dutch arrest ZKasino rugpuller
END OF SERVICE: plan to deprecate Week in Ethereum News
Editor: @abcoathup
Follow @WeekinEthNews for the most clicked links
Permalink: https://weekinethereumnews.com/week-in-ethereum-news-may-4-2024
Upcoming Dates of Note
(new/changes in bold)
- May 7 – Gitcoin Grants 20 ends
- May 10-11 – ETH Bratislava conference & hackathon
- May 21-23 – DappCon (Berlin)
- May 24-26 – ETHBerlin hackathon
- May 31-Jun 2 – ETHDublin hackathon & conference
- May 31-Jun 2 – ETHPrague conference & hackathon
- May 31-Jun 5 – ETH Belgrade hackathon & conference
- Jun 14 – EF EIP4844 data challenge deadline
- Jun 21-23 – ETHKyiv hackathon & conference
- Jul 8-11 – EthCC (Brussels) conference
- Jul 12-14 – ETHGlobal Brussels hackathon
- Jul 26-30 – EDCON Tokyo conference
- Aug 23-Sep 13 – ETHGlobal ETHOnline virtual hackathon
- Aug 23-26 – ETHTokyo hackathon & conference
- Aug 29-31 – ETHAccra hackathon
- Sep 5-8 – ETHWarsaw conference & hackathon
- Sep 9-15 – ETHSafari (Kenya)
- Sep 12-14 – NapulETH (Napoli)
- Sep 20-22 – ETHGlobal Singapore hackathon
- Sep 26-27 – ETHMilan conference
- Oct 4-6 – ETHRome hackathon
- Oct 17-19 – ETHSofia conference & hackathon
- Oct 18-20 – ETHGlobal San Francisco hackathon
- Nov 12-15 – Devcon 7 – Southeast Asia (Bangkok)
- Nov 15-17 – ETHGlobal Bangkok hackathon
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