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Spot ETH ETFs launched in US and support Roman Storm legal defense
All core devs
- All core devs – consensus (ACDC) #138:
- Pectra (Prague + Electra) upgrade:
- Pectra-devnet-1 launched, multiple issues being debugged
- Request types:
- ExecutionPayloadEnvelope proposal: broad support to move request data needed for state transition outside structure that CL clients prune
- Unify request objects proposal: intend to move forward
- SSZ StableContainer: no strong push for inclusion, focus on existing Pectra EIPs before considering increasing scope
- EIP7594 PeerDAS:
- Simplification proposal to drop peer sampling phase from Pectra
- Discussion on when to activate (currently separate epoch to Pectra)
- BeaconBlocksByRange v3 proposal
- Pectra (Prague + Electra) upgrade:
Pectra (Prague + Electra) upgrade, likely targeting Q1 2025
- PeerDAS breakout #4:
- Teams focused on client stability, optimization & refactoring before launching peerdas-devnet-2
- EOF taxonomy diagram
Centralization watch: threatening the value of your ETH
Lido at 29.05%, still too close to 33.3% threshold
- Client diversity (via clientdiversity.org):
- Execution layer: Geth ~55% majorityÂ
- Consensus layer: Prysm 35%
- Any client bug over 33.3% could mean loss of finality
- Better geographic diversity is optimal, particularly outside of North America & Europe
Layer 1
- EIP7732 ePBS:
Research
- Toni Wahrstätter: EIP7716 anti-correlation penalties for diseconomies of scale
- Block builder concentration analysis
Client Releases
- Execution layer:
- Erigon:
- v2.60.5: improvements & fixes
- v3.0.0-alpha1: all-in-one (execution layer + Caplin consensus layer) node
- Nethermind v1.27.1: fix improperly enabled pre-warming blocks on OP Stack chains
- Erigon:
EIPs/Standards
- EIPs (Ethereum improvement proposals):
Stuff for developers
- Foundry Anvil adds EIP7702 support
- Eclair: Solidity interpreter, focused on contract interactions
- Guide to improving Foundry testing using fuzzing & invariant testing
- RareSkills:
- Solidity try/catch guide, handling low-level call failure
- Beacon proxy pattern explainer
- Tips:
- Solidity arrays & memory
- Solady LibString for string concatenation
- Sandwich-resistant AMM: application-layer approach to mitigate atomic sandwich attacks
- Trevm: typestate interface to revm
- Viem v2.18: adds ERC-4337 Account Abstraction extension
Security
- MonoSwap $1.3M stolen on Blast via phishing of developer
- Spectra $550k exploit via arbitrary call to any address
Enterprise
- Toyota research into mobility accounts based on ERC4337 account abstraction
Job Listings
- Aragon: Senior Smart Contract Developer
- EF Protocol Support: generalist to help with ACD, EPF, SoP & more
- EF seek a European/Civil Law qualified Legal Counsel
- Nethermind: Senior Device Security Engineer, Senior DevOps Engineer AMER & APAC, Full Stack Lead APAC, Post-Grad Internship & App Security Engineer
Job listings: $600 for 4 issues (75 char limit). Pay using 3cities. Questions? abcoathup at-gmail
Onchain stats
- Fees (via ultrasound.money):
- Gas: 1.1 to 46.7 gwei, 4.5 gwei average; zero net issuance at 23.6 gweiÂ
- 15k ETH net issuance this week
- ETHUSD: $3,099 – $3,538, currently $3,265, all time high $4,878
- ETHBTC: currently 0.048 (Flippening at ~0.164)
Notable at app layer
- Coinbase: free conversion from USDT on Tron to USDC on Base for parts of Latin America, Africa & Asia
- Atari X Asteroids live on Base, mint to play
- Zora Sparks: changing display units to 1/1000000 ETH (Szabo)
Regulation/business/tokens
- Spot ETH ETFs launched in US:
- ETF flow dashboard
- UK Financial Conduct Authority fined Coinbase £3.5M for user onboarding with restrictions in place
General
- Support Roman Storm legal defense via Juicebox fundraiser
- Vitalik: circle STARKs (implemented in Stwo & Plonky3)
END OF SERVICE: plan to deprecate Week in Ethereum News
Editor: @abcoathup
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Permalink: https://weekinethereumnews.com/week-in-ethereum-news-july-27-2024
Upcoming Dates of Note
(new/changes in bold)
- Jul 29-30 – EDCON Tokyo conferenceÂ
- Aug 2-4 – Ethereum Argentina conference & hackathon
- Aug 7-9 – Science of Blockchain Conference (New York)
- Aug 15-17 – Ethereum Uruguay hackathon & conference
- Aug 23-Sep 13 – ETHGlobal ETHOnline virtual hackathon
- Aug 29-31 – ETHAccra hackathon
- Sep 5-8 – ETHWarsaw conference & hackathon
- Sep 9-15 – ETHSafari (Kenya)
- Sep 12-14 – NapulETH (Napoli)
- Sep 13-14 – Ethereum México
- Sep 20-22 – ETHCapeTown hackathon
- Sep 20-22 – ETHGlobal Singapore hackathon
- 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 18-20 – ETHGlobal San Francisco hackathon
- Nov 12-15 – Devcon 7 – Southeast Asia (Bangkok)
- Nov 15-17 – ETHGlobal Bangkok hackathon
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