Eth News and Links
All core devs
- All Core Devs – Consensus (ACDC) #139:
- Pectra (Prague + Electra) upgrade:
- Pectra-devnet-2: a few client issues, tested recovery from non-finality
- Pectra-devnet-3: expected soon with EIP7702 (set EOA account code)
- Weekly testing call: starts Monday
- EIP7594 PeerDAS: sampling to be ignored on next PeerDAS devnet
- Node monitoring using discv5: 42% of nodes use Lighthouse, 36% in US, 50% in data centers
- Pectra (Prague + Electra) upgrade:
Pectra (Prague + Electra) upgrade, likely targeting Q1 2025
- consensus-specs v1.5.0-alpha.4: fixes off-by-one in MaxEB consolidation processing
- PeerDAS:
- PeerDAS without peer sampling (SubnetDAS) proposal, minimal form of DAS which can be shipped in a few months
- PeerDAS breakout #5
Centralization watch: threatening the value of your ETH
- 🚨 Lido at 28.8%, still too close to 33.3% threshold
- Client diversity (via clientdiversity.org):
- Execution layer: Geth ~55% majority
- Consensus layer: Prysm 36%
- Any client bug over 33.3% could mean loss of finality
- Better geographic diversity is optimal, particularly outside of North America & Europe
Layer 1
- Flashbots: TEE-Boost, proposal for validators to accept TEE proofs directly from block builders, reduce & eventually remove relays in MEV-Boost
Research
- BRAID: multi-proposers by running multiple consensus processes in parallel, early stage
Client Releases
- Consensus layer:
- Lighthouse v5.3.0: faster beacon node startup, improved block proposal reliability, improved validator client broadcast and gossipsub IDONTWANT support
- Lodestar v1.21.0: docker image changed to debian, adds execution layer client info to graffiti and performance improvements via napi-rs BLST bindings
- Teku v24.8.0: updated metrics, requires Java 21+
- Execution layer:
- Erigon v3.0.0-alpha2: adds OtterSync fast sync by downloading state via BitTorrent, improves chain tip performance and reduces disk footprint
- Reth v1.0.4: RPC fixes and resolves IO deadlock edge case during sync
Layer 2
- Arbitrum Orbit chains bridged USDC as gas token
- Mode, Zora & Metal upgrade ownership changed to Optimism Foundation & security council
EIPs/Standards
- ERCs (application layer):
Stuff for developers
- Solhint v5.0.3: adds imports-order rule to sort Solidity imports topologically & alphabetically
- Viem experimental adds EIP7702 (set EOA account code) support
- Rindexer (EVM indexing): adds streaming data & chatbot support
- Rainbow wallet extension impersonation mode
- Tbl: CLI to read/edit Parquet files
Security
- Ronin bridge $12M exploit via uninitialized parameter after upgrade, MEV bots front ran, funds have been returned, $500k bounty
Job Listings
- Sablier are hiring a Business Development Lead and Frontend Engineer
- EF seek a European/Civil Law qualified Legal Counsel
Job listings: $600 for 4 issues (75 char limit). Pay using 3cities. Questions? abcoathup at-gmail
Onchain stats
- Fees (via ultrasound.money):
- Gas: 0.8 to 701.7 gwei, 10.3 gwei average; zero net issuance at 23.9 gwei
- 10k ETH net issuance this week
- ETHUSD: $2,197 – $3,004, currently $2,601, all time high $4,878
- ETHBTC: currently 0.043 (Flippening at ~0.164)
Notable at app layer
- Zora secondary market for mints via hybrid ERC1155/ERC20 on Uniswap
- Safe social recovery module by Candide
Regulation/business/tokens
- SEC subpoena 3 crypto VCs in fishing expedition
- SEC loses to Ripple: judge sets fine at $125M, SEC had asked for $2B
- New York Fed: Tornado Cash sanctions analysis
General (Defcon edition)
- Gubsheep: programmable cryptography
- Dark Skippy: malicious signing device can leak secret keys in transaction signatures
- Sinkclose AMD CPU vulnerability, run code in System Management Mode, requires kernel access
- GhostWrite direct CPU bug in vulnerable RISC-V CPUs
- Garuda and Pari: fast & small SNARKs via equifficient polynomial commitments
END OF SERVICE: plan to deprecate Week in Ethereum News
Editor: @abcoathup
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Permalink: https://weekinethereumnews.com/week-in-ethereum-news-august-10-2024
Upcoming Dates of Note
(new/changes in bold)
- Aug 15-17 – Ethereum Uruguay hackathon & conference
- Aug 23-Sep 13 – ETHGlobal ETHOnline virtual hackathon
- Aug 23-26 – ETHTokyo hackathon & conference
- Aug 29-31 – ETHAccra hackathon
- Aug 31 – Underhanded Solidity contest deadline
- 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 17-20 – ETHLisbon 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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