Eth News and Links
Mainnet
- Vitalik and Micah propose a different state-shrinking approach, a yearlong form of regenesis
- Test suite v7.0.2 – Berlin fork with access lists
- EIP3298: removal of refunds, eg no more GasToken. Proposed for London
- EIP3300: Phase out refunds, an EIP3298-alternative
EIP1559
- EIP1559 proposed for the London fork in July, should be discussed next core devs call
- Data from the 1559 large state performance test
- Beiko’s 1559 update: commentary on most of the links here
- F2Pool supports 1559, a full list of mining pool opposition/support
- A list of applications and projects by whether they support 1559
- Miners will accept eip1559, because the alternatives are far worse for them
- Establishing bounds for fee burn under eip1559 using MEV
- Leonardos, Monnot, et al: Dynamic analysis of 1559 basefee
- Understanding fees in 1559
- A Twitter thread summarizing perspectives in the 1559 community call
Proof of Stake
- Ethereum proof of stake has more than 100k validators
- Latest what’s new in eth2
- Latest Eth2 call. Notes from Ben Edgington and Alex Stokes, first upgrade probably happens in June
- High level plan for first upgrade -> spec, ephemeral testnets, multiclient testnets, as said above: targeted for June
- Spec v1.0.1, adds withdrawal credentials for trustless staking pools
- Secret shared validators update
- Latest lighthouse client update: explains the block propagation improvement as well as source/head/target rewards, plus an amusing memory optimization
Layer2
- dYdX launches their Starkware zkrollup for cross-margined perpetuals, it’s on mainnet for invitees only, full public release planned for a few weeks
- Optimism plans mainnet in March
- Deversifi adds swaps on its Validium implementation
- Efficient mechanism to prove ORU calldata
- An optimistic/zkrollup combination idea
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Stuff for developers
- Faster Truffle v5.2 via webpack5 update, supports multiple solc versions
- Blocknative’s gas platform uses transaction pool for gas price predictions
- Etherscan implements a diffchecker
- Getting Geth running on RISC-V
- Starkware’s voting app in Cairo tutorial can be modified for signature aggregation
Security/incidents
- Cryptopunks frontrunning from lack of frontend protection
- samczun finds ForTube vulnerability where verification logic could be bypassed
- PrimitiveFinance postmortem after Dedaub found a lack of checking who called Uniswap
- A look at how the Furucombo proxy got compromised for about $15m
- Armor founder gets social engineered
- Github: avoiding npm substitution attacks
Ecosystem
- Quantifying MEV: the flashbots dashboard and tx frontrunning explorer: at least $314m in MEV since start of 2020, with $57m in Jan 2021. 88% of it so far captured by traders, not miners
- Chainlink now aggregates oracle responses offchain resulting in only 1 mainnet transaction
- Umbra stealth payments is on Rinkeby testnet, looking for testers and aiming for April mainnet
Enterprise
- JPMorgan testing satellite-to-satellite IoT payments in space using Quorum
- 6 massive commodity trading firms consortia chain goes live, built on Quorum, with corn and soybean exports from Brazil
Application layer
- BAT roadmap v2: redesigned Brave crypto wallet, dex aggregator possibly with Brave’s own liquidity pools and/or on l2
- Livepeer video transcoding up 20x+ since summer
- Kyber paper on Dynamic AMMs flexible fees and flexible pricing curves
- Cover introduces credit default swaps starting with Ruler
Regulation/business/tokens
- Canada likely to get the first Ether ETF on TSX under ETHX
- Coinshares launches an ETH product on Six Swiss exchange
- Bitfinex pays $18.5m to settle with NYAG over Tether probe. Bitfinex puts out press release emphasizing no admission of wrongdoing. NYAG press release is subtitled: “…Overstating Reserves, Hiding Approximately $85m in Losses…” Tether/Bitfinex now banned in New York.
- Common Stack: the commons simulator game is live
- Chris Dixon: NFTs and Kevin Kelly’s 1000 true fans
General
- Coinbase files S-1, so we get to see financials and user stats. Lost 30m in 2019, made 330m in 2020, 1.3b 2020 topline, 43m users, no headquarters, etc
- NYT notices NFT art sales
- Revised Proof-Carrying Data without Succinct Arguments paper
Job Listings
- Get paid to work on open source! Rust, Golang, Solidity. Join ChainSafe!
- Earn governance rights as a Tracer Perpetual Swap Alpha Tester, apply here.
- Chorus One has open engineering & business positions
- Props is hiring General Counsel and Head of Finance & Capital Markets
- Trail of Bits is looking for a blockchain security engineer
- 0x: devs of all types and a data analyst
- ethereum.org is hiring a front end dev
- Apply to govern the way we trade with the Tracer DAO.
- Prysmatic Labs is looking for a Go dev to work on their eth2 client
- Eth2 client Teku is looking for a “mid- to senior-level Java dev”
- Nimbus eth2 client looking for developer experience lead
Want your job listing here? $345 per line (~75 character limit including spaces), payable in ETH (or 345 DAI or 345 USDC) to evan.ethereum.eth. Questions? thecryptonewspodcast at-gmail
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Permalink for this week’s issue: https://weekinethereumnews.com/week-in-ethereum-news-feb-28-2021/
Dates of Note
Upcoming dates of note (new/changes in bold):
- Feb 28 – Nimbus Grafana dashboard submissions due
- Mar 1-5 – Ethereum Foundation’s Ecosystem Support Program office hours
- Mar 5 – Financial Cryptography DeFi academic workshop
- Mar 10-25 – Gitcoin CLR matching grants round
- Mar 19-21 – ETHGlobal’s NFT Hack
- Apr 9 – May 14 – ETHGlobal’s Scaling Ethereum hackathon
- April 14 – Berlin upgrade fork (testnets: Ropsten Mar 10, Goerli Mar 17, Rinkeby Mar 24)
- May 14 – papers due for WoSCA 2021
- Jul 20-22 – EthCC4 (Paris)
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