Week in Ethereum News
May 18, 2024

Eth News and Links

Pectra (Prague + Electra) upgrade, small fork targeting late 2024

Osaka + F starname upgrade

  • Dankrad Feist: benefits of Verkle, increase block size 10x, simplify node architecture, reduce sync time, reduce node cost & enable path to light nodes

Centralization watch: threatening the value of your ETH

Layer 1


Client Releases

  • Consensus layer:
    • Lodestar v1.18.1: hotfix to disable flood publishing for local block builders with orphaned/missed block proposals
  • Execution layer:
    • Besu v24.5.1: snap sync server (early access) and receipt storage size reduced
    • Erigon v2.60.0: last planned v2 release, fixes logs pruning issue in v2.59

Layer 2


  • EIPs:
    • EIP7706: Separate gas type for calldata
    • EIP7707: Incentivize access list provisioning
    • EIP7708: ETH transfers emit a log

Stuff for developers



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): 2.3 to 45.9 gwei, with 5.9 gwei average
    • Zero net issuance currently at 23.3 gwei 
    • 13k ETH net issuance this week
  • ETHUSD: $2,874 – $3,116, currently $3,096
  • ETHBTC: currently 0.046 (Flippening at ~0.16)

Notable at app layer

  • Rune: Dai endgame, NewStable (USD pegged with real world asset collateral) & PureDai (floating peg with decentralized collateral) 
  • Words3 infinite live on Redstone, scrabble with fluctuating price letter tiles



END OF SERVICE: plan to deprecate Week in Ethereum News

Editor: @abcoathup
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Permalink: https://weekinethereumnews.com/week-in-ethereum-news-may-18-2024

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