Week in Ethereum News
December 23, 2023

Eth News and Links

Dencun (Cancun + Deneb) upgrade (meta EIP7569)

  • Latest all core devs – execution (ACDE) call video. Recap by Tim Beiko.  Notes from Tim Beiko and Christine Kim:
    • Testnet upgrade dates: Goerli Jan 17 (epoch 231680), then assuming no issues, single client releases for Sepolia Jan 30 (epoch 132608) & Holešky Feb 7 (epoch 29696)
    • Goerli shadow fork 1 analysis: 290 nodes across 4 continents with all clients except Erigon; blobs increased network usage by ~200kbps & block latency by ~300ms
    • Precompile address ranges: upper half of range reserved for L2s
    • Prague/Electra planning: discussed potential small upgrade then Verkle-only upgrade

Centralization watch: threatening the value of your ETH

Layer 1


For Stakers

Client releases

  • Consensus layer:
    • Lodestar v1.13.0: logs info on connected service URLs, supports voluntary exits by remote signers and performance improvements
    • Teku v23.12.1: fixes minor bugs in v23.12.0, validator client not compatible with Lighthouse beacon nodes
  • Execution layer
    • Geth v1.13.8: hotfix for refusing to start after shutdown during sync; v1.13.7: eth_sendTransaction RPC improved for low-fee txs; v1.13.6: faster gas estimation with 1.5% error ratio & non-deterministic and logging changed to slog (Go logging framework)


Layer 2

Stuff for developers


  • NFT exploits:
  • Audit Wizard adds support to create/run Foundry tests for Proof of Concepts



Onchain stats

  • Gas fees (via ultrasound.money): 20.1 to 289.8 gwei, with 47.7 gwei average
    • Zero net issuance currently at 21.9 gwei 
    • 19k ETH net burn this week
  • ETHUSD: $2,131 – $2,342, currently $2,314
  • ETHBTC: currently 0.053 (Flippening at ~0.16)

Notable at app layer

  • Sablier Airstreams: vesting airdrops via token streams, supports up to 50k recipients
  • 3cities pay pages: payment to an address or ENS using mainnet & L2s 
  • Protocol rewards: Mirror & Sound split fixed fees between creator, referrer & protocol
  • Coordinape CoLinks (Friend Tech fork) live on Optimism, professional social network

Job Listings

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



Follow @WeekinEthNews to find out what the most clicked links are. Follow @abcoathup and @evan_van_ness to get most of the week’s news in real time.

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