Week in Ethereum News
January 13, 2024

Eth News and Links

Dencun (Cancun + Deneb) upgrade (meta EIP7569)

  • Latest all core devs – consensus (ACDC) call video. Notes from Christine Kim:
    • Goerli shadow fork 2: stable network with blob spamming using Goerli client releases
    • Fork choice filter change: to be included in Deneb
    • Consensus layer priorities: discuss next call, proposed Electra EIPs & PeerDAS
  • Dencun interop testing call video
  • Ephemery testnet upgrades to Dencun January 18
  • Goerli testnet upgrades to Dencun January 17
    • Bug bounty doubled for Dencun specific vulnerabilities, up to $500k

Client releases for Goerli testnet Dencun upgrade

Centralization watch: threatening the value of your ETH

Layer 1


  • EF Research team AMA, discussions include: EIP4844 data publishing without scaling, composability across rollups, Lido, security budget, capping signatures to 8192 per slot, gas limit increase, native (enshrined) rollups, EigenLayer, MEV burn & EIP7251 (increase max effective balance)
  • Staking economics: issuance impact on staking equilibrium & reward curve options


  • Proposals for relay incentivization: low-latency relay mesh network and enshrining missed slot penalty on proposers

Layer 2

  • OP Stack Canyon upgrade live on Superchain mainnets, adds Shappella support (including PUSH0), reduces rate of basefee change & adds Create2Deployer
  • RollCall (L2 standards) video & notes: RIP7212 (R1 precompile) made final, EIP7587 (reserve RIP precompile addresses) discussion and RIP working groups (precompiles, EIP4844 testing & fee markets)


  • EIPs
    • EIP7591: BLS signed transactions
    • EIP7592: Precompile for Falcon signature verification
    • EIP7594: PeerDAS (peer data availability sampling)
  • ERCs (application layer):
    • ERC7589: Semi-fungible token roles
    • ERC7590: ERC20 holder extension for NFTs
    • ERC7593: NFT synthetic evidence

Stuff for developers

  • Remix v0.40.0: Ape framework Vyper compiler, Uniswap v4 templates & Circom v2.1.6
  • GasliteNFT (ERC721 base contract): extends ERC721A with Ownable2Step & MerkeProofLib
  • RareSkills: Compound v3 explainer
  • Equivalence checking with Halmos
  • Evm-inspectors: Revm Inspectors for Parity & Geth style traces and JS Inspector
  • Wevm Vocs: React-based static documentation generator, content in Markdown or MDX




Onchain stats

  • Gas fees (via ultrasound.money): 9.2 to 483.5 gwei, with 26.2 gwei average
    • Zero net issuance currently at 21.9 gwei 
    • 3.2k ETH net burn this week
  • ETHUSD: $2,185 – $2,698, currently $2,497
  • ETHBTC: currently 0.06 (Flippening at ~0.16)

Notable at app layer

  • USDC & EURC v2.2 upgrade complete: reduces gas costs & supports ERC1271
  • OpenSea email onboarding: create non-custodial wallet via email address using Privy
  • Simon de la Rouviere See You There: 1 of 1 NFT, records holders over 5 years
  • Speedtracer (daily mini game) live on Base, trace a race track & mint highest score

Job Listings

Job listings: $600 for 4 issues (75 char limit).  Pay using 3cities.  Questions? abcoathup at-gmail



  • Columbia CryptoEconomics workshop videos

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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