Eth News and Links
Eth1
- Péter Szilágyi’s snap sync, and some benchmarking of snap vs fast sync
- Discovery peer advertisement efficiency analysis, also applicable to eth2
Eth2
- phase 0 spec v0.12 – added latest IETF standard. This is THE spec for the eth2 launch, barring any updates for bugs
- Lighthouse client update – BLS key implementation, under Trail of Bits audit, 300mb RAM to run 2000 validators
- Lodestar client update – syncing to both Schlesi and Topaz testnets
- Prysmatic client update – Schlesi fork post-mortem, slashing client and protection
- Fizzy v0.1 – WASM interpreter written in C++
- Carl Beekhuizen’s Eth2 keys explainer
Layer2
- Fuel does a demo of Reddit’s community points in an optimistic rollup that reduces transaction fees by 60x
- Loopring to pass 1 million trades on its zk rollup in just 3 months of being live
- Gazelle (formerly Plasma Chamber) alpha release with an API for deposit, transfer and exit
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Stuff for developers
- web3js v1.2.8 with Ethers v5 ABI coder integration, ENS’s contenthash, and EIP-1193’s AbstractProvider
- Mocking Solidity code with Waffle
- A writeup of Solhint v3’s features
- How to get randomness onchain using Chainlink’s VRF
- Offchain voting for personal tokens, tutorial from Austin Griffith
- Gas and circuit constraint benchmarks of binary and quinary incremental Merkle trees using Poseidon
- Loopring’s new approach to generating frontend keys to sign offchain requests
- Hegic had to shut down again because of an exploit that Sam Sun reported weeks beforehand
- tBTC found a bug during their rollout; launch delayed
- Matic’s mainnet is in the process of going live
Ecosystem
- Tornado.cash non-custodial mixer is now trustless, with the admin function burned and the frontend available at https://tornadocash.eth.link
- Ethereum Foundation q1 update, including how EF thinks about funding
- Intro to dwebsites. dweb = ENS + IPFS (and equivalents)
- Network usage is at an all time high. With similar use of the Eth2 chain, Ethereum will have negative issuance of ETH because part of every transaction fee is burned
Enterprise
- Using Eth mainnet, Baseline Protocol privately and securely synchronizes data and business logic across SAP and Microsoft Dynamics
- Hyperledger Fabric founder John Wolpert’s common sense statement on using blockchain and Ethereum mainnet
- The Baseline Protocol as lean strategy
- Depository Trust & Clearing Corporation’s Project Whitney using Ethereum mainnet to “support private market securities, from issuance through secondary markets”
DAOs and Standards
- Aragon sues to avoid paying grantee a community-voted grant
- Exploring DAOs as a new kind of institution
- MetaCartel is becoming a DAO incubator
- ERC2665: ERC721 transfer fee extension
- EIP2666: Repricing of precompiles and Keccak256 function
Application layer
- Uniswap v2 launched, with more features – direct token pairs, price oracles, flash swaps, etc
- UMA launches the ETHBTC synthetic token, so you can bet on The Flippening
- idle v3 – stablecoin yield rebalancer adds dydx, USDT, and a risk-adjusted strategy
- Maker changes USDC stability fee to .75% and WBTC to 1%. Also, how Dai became a favorite in Latin America
- Argent launches v1 of smart contract wallet with one touch access to TokenSets, PoolTogether, Aave, Uniswap V2, Compound, Maker and Kyber.
Tokens/Business/Regulation
- 5 things crypto can learn from Visa’s struggle for adoption in the 1970s
- WBTC mints another 1500 BTC on May 21. There’s now 5200 BTC on Ethereum compared to less than 3000 BTC on Lightning and Liquid combined
- Blockchain code as antitrust, Schrepel and Buterin paper
- ETH to soon surpass BTC on Bitcoiners’ preferred stock-to-flow metric
- Staking will turn Ethereum into a functional store of value
General
- KYC puts lives at risk: BlockFi hack leaks client name, address, and crypto addresses. Similarly, a hacker claims to have exploited Shopify for Trezor and Ledger databases, though Ledger says the databases don’t match
- Using zero knowledge proofs for vulnerability disclosure
- World Economic Forum’s principles for a decentralized future (transparency, self-sovereign data, privacy and accountability)
- JK Rowling jokes about trolling BTC because of her significant ETH holdings
- The Winklevosses say they own a similar amount of ETH and BTC
- Brave’s anti-fingerprinting v2, available in the beta releases but coming soon in the main releases
Housekeeping
Follow me on Twitter @evan_van_ness to get the annotated edition of this newsletter, usually forthcoming in a day or so, as well as a real-time source of Eth news.
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Permalink: https://weekinethereumnews.com/week-in-ethereum-news-may-24-2020/
Dates of Note
Upcoming dates of note (new/changes in bold):
- May 26 – last day to apply for Ethereum India fellowship
- May 28 – EIP1559 implementation call
- May 29 – core devs call
- May 29-June 16 – SOSHackathon
- June 16 – deadline to apply for Gitcoin’s Kernel incubator