Eth News and Links
Pectra (Prague + Electra) upgrade
- Client testing call #18: proposal to add update fraction to EIP7840 blob schedule in EL config and discussed EIP2935 system contract changes from audit feedback
- Pectra scope provisionally finalized after over 12 months
Layer 1
- Gas limit increase:
- Gas limit signaling dashboard, 20% of validators signalling to increase
Centralization watch: threatening the value of your ETH
- 🚨 Lido at 28.2%, still too close to 33.3% threshold
- Client diversity (via clientdiversity.org):
- Execution layer: Geth ~43% & Nethermind ~36% (estimate based on 74% self reported data)
- Consensus layer: Prysm below 33.3%
- Any client bug over 33.3% could mean loss of finality
- Better geographic diversity is optimal, particularly outside of North America & Europe
EIPs/Standards
- EIPs (Ethereum improvement proposals):
- ERCs (application layer):
- ERC7850: Token with built-in AMM
Stuff for developers
- Solidity developer survey 2024: tell the Solidity team what you want to see
Security
- Moonhacker $320k exploit on Optimism via unprotected function & missing input validation
- Bernhard Mueller’s Legion: AI agent framework with Telegram interface for bug hunting workflows
Job Listings
- Nethermind: Agentic Internship, Snr Engineer, Fullstack Lead & Fullstack Go
- Mimic: Tech Lead Engineer
- Vyper (Pythonic EVM language) seek a DevRel
Job listings: $600 for 4 issues (75 char limit). Pay using 3cities. Questions? abcoathup at-gmail
Onchain stats
- Fees (via ultrasound.money):
- Gas: 2.9 to 37.8 gwei, 6.7 gwei average; zero net issuance at 23.9 gwei
- 12.7k ETH net issuance this week
- ETHUSD: $3,239 – $3,528, currently $3,327 all time high $4,878
- ETHBTC: currently 0.035 (Flippening at ~0.164)
Ecosystem
- Deep funding mini contest: create model to predict project funding received in a grant round
- Onchain activity wrapped: Rotki & Blockscan (Etherscan)
Regulation/business/tokens
- IRS finalized broker rule, most DeFi front-ends required to KYC from 2027
- Donald Trump now owns $55M of ETH via WorldLibertyFi
General
- FBI: DMM exchange $300M theft in May by North Korean actor
- LatticeFold: proof-of-concept implementation in Rust of post-quantum folding scheme
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-december-28-2024
Upcoming Dates of Note
(new/changes in bold)
- Jan 20 – Ethereum protocol attackathon ends
- Jan 30-31 – EthereumZuri.ch conference
- Feb 7-9 – ETH Oxford hackathon
- Feb 10-16 – ETHiopia conference & hackathon
- Feb 23 – Mar 2 – ETHDenver
- Mar 28-30 – ETH Pondy (Puducherry) hackathon
- Apr 2-5 – ETH Bucharest hackathon & conference
- Apr 4-6 – ETHGlobal Taipei hackathon
- May 9-10 – ETHBratislava conference & hackathon
- May 9-11 – ETHDam (Amsterdam) conference & hackathon
- May 9-11 – ETHLisbon hackathon
- May 27-29 – ETHPrague conference
- May 30 – Jun 1 – ETHGlobal Prague hackathon
- Jun 3-8 – ETH Belgrade conference & hackathon
- Jun 12-13 – Protocol Berg (Berlin) conference
- Jun 16-18 – DappCon (Berlin)
- Jun 26-28 – ETHCluj (Romania) conference
- Jun 30 – Jul 3 – EthCC (Cannes) conference
- Jul 4-6 – ETHGlobal Cannes hackathon
- Jul 17-19 – NapulETH (Napoli) conference
- Aug 15-17 – ETHGlobal New York hackathon
- Sep 26-28 – ETHGlobal New Delhi hackathon
- Nov – ETHGlobal Devconnect hackathon
Sign up to receive this newsletter weekly