Eth News and Links
Mainnet execution layer
- Tim Beiko’s Kintsugi testnet announcement; public testnet is running over the next month, help test PoW switch off!
- Getting started on the Kintsugi testnet video guide
- Geth v1.10.14: PoW switch off prototype, Kintsugi testnet spec v3 compatible
- Besu v21.10.5: update log4j
- Gas market analysis of EIP1559 with visualizations: users less likely to overpay for transactions
- ERC4337 account abstraction proposed implementation live on Goerli testnet using Nethermind
Proof of Stake consensus layer
- Bellatrix chosen as the name for consensus layer upgrade to switch off PoW
- Consensus specs v1.1.7: light-client sync simplification, fork choice rule fixes and new test vectors
Layer2
- Transak fiat on-ramp to Arbitrum and Optimism (not currently in US)
- Banxa fiat on-ramp to Arbitrum
- DeversiFi fiat on-ramp via MoonPay
- Loopring Layer 2 starter wallet on iOS, pay later to deploy to Layer 1 for mainnet withdrawal and more features, fiat on-ramp via Ramp
- Across Protocol: bridge now two way, adds mainnet to Arbitrum, Optimism and Boba
- StarkWare Layer 3 scaling: application specific layer using recursive proofs, StarkEx Layer 2’s can be ported to Layer 3
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Stuff for developers
- Solidity v0.8.11: Solidity Language Server minimal feature set, native binary only, no autocomplete yet, hook up to favorite IDE and feedback; abi.encodeCall added to check supplied values match expected types
- Etherscan adds initial Natspec support: view notice, parameter & return descriptions in read & write contract tabs
- WalletConnect v2 beta Swift & Kotlin SDKs
- hardhat-deploy-tenderly: push deployed contract to Tenderly for debugging
- Yul-Log: write & use Yul+ contracts, supports Truffle, Hardhat in progress
- sipping-oe (scaffold-eth): starter kit to deploy on-chain SVG NFTs to Optimism [Disclosure: I was gifted an OΞ40]
- ethereum-code-viewer: adds support for Arbitrum, Optimism and testnets
- ens2airdrop: collect addresses from “drop your ENS” Twitter threads
- Helios: work in progress ERC1155 based exchange
- Cairo-jupyter: Jupyter kernel for Cairo
- Guide to building an MEV inspector using example CryptoPunk inspector
- Notion supports Solidity code blocks
Security
- Bent Finance ~$1.75 million exploit, reported rogue developer upgraded contract with hardcoded balances for exploiter account
- Visor Finance 8.8 million VISR exploit, staking contract drained, attack contract set owner to be itself
- Sorbet Finance vulnerability post mortem, contract could make arbitrary low level calls, $27 million in user funds rescued to escrow, $744k stolen
- Adidas token drop capped to 2 NFTs per address, custom contract purchased 330 NFTs, 165 subcontracts claimed 2 NFTs each
Ecosystem
- Ethereum Foundation teams Q4 achievements
- Polygon zk day recap and videos
- ethOS: building mobile OS based on Android fork (LineageOS), running a light client
- 30 days of web3: ship something new (code or no code), first cohort January 2022
Enterprise
- Coca-Cola snow globe NFTs on VeVe (Immutable X)
- RadioShack DeFi: historic brand reused for DeFi project
- SAP joins as a sponsor of Enterprise Ethereum Alliance community projects in support of Baseline
Application layer
- Quixotic: NFT marketplace for Optimism, beta
- Eth.xyz: add “.xyz” to ENS name for URL shareable ENS profile
- Shaq changes Twitter handle to ENS & launches 10k NFT collection for his foundation
- Rarible: gift NFTs using Linkdrop, sponsor the transaction for recipients to claim for free
- Collab.Land supports Arbitrum
- Argent: gift ETH/USDC on zk-sync Layer 2, recipients create an Argent Layer 2 wallet to claim
- Gnosis Safe deployed to Optimism
- Kwenta shorting live on Optimism
- Thales positional markets live on Optimism, with beta AMM
- dHEDGE: 30 day trading competition on Optimism
- Slingshot trading live on Optimism
- Gearbox composable leverage live on mainnet
- ZKyber: Kyber’s zk-rollup and DEX on testnet
- microETH: 0.000001 ETH wrapped in ERC20, for unit bias
Job Listings
- The VAC team at Status.im are looking for a blockchain engineer
- Geth team is looking for a Senior Technical Writer
- Kwenta seeks Frontend Engineer, Solidity Engineer & Marketing Lead
- Ethereum Foundation consensus research team seek Networking Engineer
- Textile is hiring! Blockchain Eng, Backend Eng, and Partner Manager
- IoBuilders is hiring: Enterprise blockchain devs, product managers & more
- EFF hiring a Senior Fellow of Decentralization
- Bloom Institute of Technology (fka Lambda school) seek Solidity experts
Reach developers experienced with Ethereum. $444 for four issues (~75 character limit), payable in ETH/DAI/USDC to abcoathup.eth on mainnet, Arbitrum or Optimism. Questions? abcoathup at-gmail
Regulation/business/tokens
- Former US SEC Chair Clayton: “end-to-end tokenization” of all assets is a “once-in-a-generation opportunity” [Paywall]
- US regulator confirms credit unions can partner with providers to offer crypto services to their members
- Compound governance chose OpenZeppelin’s $1 million a quarter proposal to provide audit and security services, out of three competing proposals
- Bitwise launch NFT index fund, focused on art and collectibles
- Phonon P2P off-chain transfer protocol being spun off from Grid+, managed by governance token [Evan is a DAO steward]
- Fei & Rari merger approved
- Proposal for updated YFI tokenomics: token buy back & reward stakers, vote escrow model, Vault Gauges and rewards for contributing
- SEBA (Swiss bank) proposal to provide KYC/AML and onboarding to Aave Arc (permissioned Aave market)
- Web3 renaissance: golden age of content, NFTs & scarcity, patronage+, programmable economic models and DAOs & community ownership
- ETH flips BTC in stock to flow metric
General
- New York Times: Staff from Google, Meta, Amazon and other large companies are quitting for crypto’s once in a generation opportunity
- Vitalik: bulldozer vs vetocracy political axis
- Binance’s threshold signature scheme library (tss-lib) and forks vulnerability in Shamir’s Secret Sharing implementation
- ZKDocs: documentation on zero-knowledge proof systems
Follow @WeekinEthNews to find out what the most clicked links are. Follow @evan_van_ness and @abcoathup to get most of the week’s news in real time.
Permalink for this week’s issue: https://weekinethereumnews.com/week-in-ethereum-news-december-24-2021
Dates of Note
Upcoming dates of note (new/changes in bold):
- Jan 22-23 – DeFi Security Summit (Stanford)
- Jan 24-26 – Science of Blockchain Conference (Stanford University)
- Feb 17 – Schelling Point (Denver)
- Feb 18-20 – ETHDenver
- Mar 14-17 – Eth Rio
- Mar 29-31 – ETHDubai
- Apr 22-24 – ETHAmsterdam
- May 3-8 – spaghettETH (Milan)
- Jun 10-12 – ETHPrague
- Jun 24-26 – ETHNewYork
- Jul 19-21 – EthCC 5 (Paris)
- Aug 19-21 – ETHMexicoCity
- Nov 4-6 – ETHSanFrancisco
- Dec 2-4 – ETHTaipei
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