Week in Ethereum News
March 2, 2024

Eth News and Links

Dencun (Cancun + Deneb) upgrade (meta EIP7569)

Pectra (Prague + Electra) upgrade (meta EIP7600)

  • Future EOA &Account Abstraction breakout call video.Β  Recap by Tim Beiko and notes by Dom:
    • Align short term EOA improvements with an agreed account abstraction end game 
  • Latest all core devs – execution (ACDE) call video. Recap & notes from Christine Kim:
    • Retroactive EIP proposals: EIP7610 (revert contract creation for non-empty storage) no expected issues with Verkle
    • Pectra upgrade (small fork targeting late 2024)
      • Continued discussion from future EOA breakout on possible improvements in Pectra
      • Potential EIP discussions (but no decisions on what to include):
        • EIP7623 (increase calldata cost)
        • EIP5920 (PAY opcode)
        • EIP7609 (transient storage pricing)
        • EIP7639 (stop serving pre-merge history)
        • EIP7642 (drop pre-merge fields)
      • Block confirmation rule engine API & JSON RPC changes

Osaka upgrade (meta EIP7607)

Client Releases

  • Consensus layer:
    • Nimbus v24.2.2: hotfix for consensus violation issue on Deneb upgraded networks
  • Execution layer:
    • Geth v1.13.14: blob pool improvements & blob pool capacity reduced from 10GB to 2.5GB
    • Reth v0.1.0-alpha.21: fixes live sync critical bug

Centralization watch: threatening the value of your ETH

Layer 1

ePBS (enshrined Proposer-Builder Separation)



Layer 2


  • EIPs:
    • EIP7636: Extension of EIP778 for “client” ENR entry
    • EIP7637: EXTCODEHASH optimize
    • EIP7639: Cease serving history before PoS
    • EIP7640: Transaction revert protection
    • EIP7642: eth/69 – Drop pre-merge fields
    • EIP7643: History accumulator for pre-PoS data
  • ERCs (application layer):
    • ERC7638: Optimized calls encoding (for contract wallets)
    • ERC7641: Intrinsic rev share token (ERC20 extension)
    • ERC7644: ERC721 name registry extension

Stuff for developers



  • Blocknative Ethernow: adds live dashboard of transactions & base fee


  • HackMD adds Sign-in with Ethereum

Job Listings

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

Onchain stats

  • Gas fees (via ultrasound.money): 16.5 to 305.8 gwei, with 46.2 gwei average
    • Zero net issuance currently at 22.8 gwei 
    • 17.8k ETH net burn this week
  • ETHUSD: $2,908 – $3,512, currently $3,453
  • ETHBTC: currently 0.055 (Flippening at ~0.16)

Notable at app layer



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-march-2-2024

Upcoming Dates of Note

(new/changes in bold)

Sign up to receive this newsletter weekly