Week in Ethereum News
December 2, 2023

Eth News and Links

Dencun (Cancun + Deneb) upgrade

  • Latest all core devs – consensus (ACDC) call video. Notes from Christine Kim:
    • Devnet-12 launched, likely to run over holidays, Prysm expect to join in ~2 weeks
    • Upgrade process discussion: upgrade documents in PM repo, meta EIPs for each upgrade and considered for inclusion (CFI) label
  • Dencun interop testing call video

Prague + Electra upgrade

Centralization watch: threatening the value of your ETH

Layer 1

For Stakers

Client releases

  • Consensus layer:
    • Nimbus v23.11.0: Obol enhanced support, improved scoring algorithms to maximize block rewards with multiple beacon nodes, simple bootstrapping and performance improvements for 10k+ validators on a single machine
  • Execution layer:
    • Reth v0.1.0-alpha.12: support Canyon upgrade on OP Stack networks (not OP mainnet) and fix for pruned node operators


  • Barnabe: Liquefaction, semantics of liquid staking
  • Chipmunk: synchronized lattice-based multi-signature scheme, plausibly secure against quantum attacks

Layer 2

  • RollupCodes: opcodes, precompiles & system contracts for each rollup


  • EIPs
    • Meta EIP7568: Hardfork meta backfill – Berlin to Shapella
    • Meta EIP7569: Hardfork meta – Dencun
  • ERCs (application layer):
    • ERC7565: Perpetual contract NFTs as collateral for liquidity provision
    • ERC7566: Multiplayer onchain game
    • ERC7567: Splitable utility NFT extension for ERC721

Stuff for developers

  • Testnets:
    • Goerli is deprecated: client teams & EF will exit validators 3 months after upgrading to Dencun (or 1 month after mainnet Dencun upgrade if later)
    • Sepolia: use for application layer testing
    • Holešky: use for staking & infrastructure testing
    • OP testnets migrating to OP Sepolia from OP Goerli
  • OpenZeppelin Contracts wizard adds AI assistant to update code & answer questions, alpha 
  • Wake (previously Woke): Python based Solidity dev framework with vulnerability detectors
  • EVMole: extract function selectors from bytecode, Python & JavaScript implementations
  • OP Wagmi: wagmi v2 style hooks to interact with OP Stack networks
  • Coinbase build onchain apps starter kit: RainbowKit, wagmi, Next.js & Tailwind CSS
  • CTFs:
  • Crypto data advent calendar: data ecosystem project featured each day



Onchain stats

  • Gas fees (via ultrasound.money): 14.7 to 185.0 gwei, with 34.8 gwei average
    • Zero net issuance currently at 21.8 gwei 
    • 9.8k ETH net burn this week
  • ETHUSD: $1,994 – $2,111, currently $2,084
  • ETHBTC: currently 0.054 (Flippening at ~0.16)

Notable at app layer

Job Listings

Job listings: $600 for four issues (75 character limit).  Pay using 3cities.  Questions? abcoathup at-gmail



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