Week in Ethereum News
May 28, 2022

Eth News and Links

PoW switch off (the Merge)

  • Mainnet-shadow-fork-6 transition to PoS on May 31
  • Ropsten testnet reached Terminal Total Difficulty (TTD) before Ropsten beacon chain genesis:
    • miner added hash rate & lowered gas limit in malicious stress test
    • TTD being overridden to very large value to prevent merge
    • override TTD after Ropsten beacon chain genesis & Bellatrix upgrade to merge around June 8
  • Test the merge with Nethermind

Mainnet execution layer

Proof of Stake consensus layer



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Stuff for developers




  • GameStop Wallet: Chrome browser extension, mainnet and LoopRing Layer 2

Application layer

  • Mirror Writing NFTs: sell and collect posts as NFTs on Optimism
  • Zora: create music (with album art), video and SVG NFTs
  • Uniswap $1 trillion cumulative trading volume
  • Fairmint (tokenized equity) open to all
  • Vitalik: evaluate automated stablecoins; can they wind down to zero users and can they charge a negative interest rate

Job Listings

Reach developers experienced with Ethereum.  $600 for four issues (~75 character limit), payable in ETH/DAI/USDC to abcoathup.eth on mainnet, Arbitrum or Optimism.  Questions? abcoathup at-gmail


  • US Federal Reserve [PDF]: 12% of adults held/used crypto, 11% held as an investment, 2% used for payments and 1% sent to family/friends
  • UK financial regulator first crypto sprint
  • Stable coin dashboard
  • Seth Green’s Bored Ape stolen in phishing scam, ape used in upcoming animated show, claims to maintain IP ownership


  • US FTC: Twitter fined $150 million for using phone & email provided for security in targeted ads
  • US Department of Justice: good-faith security research shouldn’t be charged under Computer Fraud and Abuse Act
  • Caulk: lookup arguments in sublinear time, 100x faster than Poseidon

Follow @WeekinEthNews to find out what the most clicked links are. Follow @evan_van_ness and @abcoathup to get most of the week’s news in real time.

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Dates of Note

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