Eth News and Links
Eth R&D protocol call (All Core Devs)
- Consensus layer focused protocol call (ACDC #144):
- Pectra upgrade:
- Spec refinement discussions
- Blob increase:
- Base blob increase proposal presented: target 5, max 8 blobs
- engine_getBlobsV1 initial results: bandwidth reduced for download but increased for upload
- EIP7742 uncouple blob count between CL/EL: makes changing blob count easier, consensus layer teams support scheduling for inclusion, review on next week’s call with execution layer teams
- EIP7783 controlled gas limit increase
- EIP7782 reduce slot time to 8s: 2-4s would be more attractive option, needs more analysis, could conflict with future potential upgrades
- Pectra upgrade:
Pectra (Prague + Electra) upgrade
- Pectra-devnet-4: launched; 20% offline (10% Grandine & 10% Erigon)
- Weekly testing call #9: fusaka-devnet-0 planned for ~2 weeks time & ssz-devnet-0 launched
- EIP2537 BLS precompiles:
- Feedback wanted on planned EIP2537 usage & need for subgroup checks
- EIP2537 BLS breakout: discussed removing subgroup checks & precompiles are underpriced
Fusaka (Osaka + Fulu) upgrade
- PeerDAS breakout #10: continuing to debug peerdas-devnet-3, unfinalized for over a week
- EOF implementers call #60: discussed ERC721 support using EXTCODE/HASCODE, EXT*CALL return codes and EOFCREATE hashing
Layer 1
- Giulio Rebuffo (Erigon): proposal to raise the gas limit via EIP7783
- ProbeLab Hermes: GossipSub listener & tracer for libp2p
- Péter Szilágyi: Geth prototype of ExEx (Reth Execution Extensions)
- Ephemery testnet incentives for genesis validators, infrastructure & client implementations
Centralization watch: threatening the value of your ETH
- 🚨 Lido at 28%, still too close to 33.3% threshold
- Client diversity (via clientdiversity.org):
- Execution layer: Geth ~52% majority
- Consensus layer: Prysm 37% & Lighthouse 33.4%
- Any client bug over 33.3% could mean loss of finality
- Better geographic diversity is optimal, particularly outside of North America & Europe
Client Releases
- Consensus layer:
- Execution layer:
Layer 2
- World Chain (OP Stack rollup) open to public
- Fuel Ignition (FuelVM) live, UTXO based
EIPs/Standards
- EIPs (Ethereum improvement proposals):
- RIPs (rollup improvement proposals):
- RIP7789: Cross rollup contingent transactions
- ERCs (application layer):
Stuff for developers
- Underhanded Solidity contest: Gerard Persoon solo winner with fallback from transient storage
- OpenZeppelin Contracts v5.1: adds P256 & RSA signature validation; MerkleTree, CircularBuffer & Heap data structures; StorageSlot, ReentrancyGuardTransient & SlotDerivation utilities; updated Arrays, Base64, CREATE2, Strings & Math
- Guide to invariant testing using Recon Builder for scaffolding a Foundry project
- Echidna v2.2.5: adds Cancun support, warns if an assert isn’t hit in assert mode, adds cheat codes and collects coverage during deployment
- Pcaversaccio white hat frontrunning: Bash script using Foundry cast & chisel to secure funds from compromised wallets
Security
- Radiant Capital $50M exploit on Arbitrum & BSC via compromised devices of 3/11 signers; revoke approvals on all chains
Ecosystem
- Vitalik on Ethereum improvements being considered:
- Proof of Stake (the Merge): single slot finality, 1 ETH staking, single secret leader election, faster transaction confirmations, 51% attack recovery, increasing quorum threshold for finality and quantum resistance
- Scaling (the Surge): data availability sampling, data compression, generalized Plasma, maturing L2 proof systems, cross-L2 interoperability and scaling L1 execution
- Propose Devcon satellite events
Job Listings
- Sigma Prime is hiring Rust developers and security engineers. Remote roles!
- Executive Director for Enterprise Ethereum Alliance
- Nethermind: Sr Dev (Rust, Go) & Sr Contract Auditor (Rust)
Job listings: $600 for 4 issues (75 char limit). Pay using 3cities. Questions? abcoathup at-gmail
Onchain stats
- Fees (via ultrasound.money):
- Gas: 5.3 to 111.8 gwei, 16.4 gwei average; zero net issuance at 24.3 gwei
- 6k ETH net issuance this week
- ETHUSD: $2,436 – $2,671, currently $2,641, all time high $4,878
- ETHBTC: currently 0.039 (Flippening at ~0.164)
Notable at app layer
- dGEN1 (mobile device): runs ethOS, ships 2025, pre-order via mint on Base
- Towns: gated group chats using River & Base
- Trump promoted World Liberty Financial token sale
General
- FBI arrested alleged SEC Twitter SIM swapper
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-october-19-2024
Upcoming Dates of Note
(new/changes in bold)
- Oct 25-27 – ETHSydney hackathon
- Nov 12-15 – Devcon 7 – Southeast Asia (Bangkok)
- Nov 15-17 – ETHGlobal Bangkok hackathon
- Dec 6-8 – ETHIndia hackathon
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