Week in Ethereum News
November 11, 2023

Eth News and Links

Dencun (Cancun + Deneb) upgrade

Centralization watch: threatening the value of your ETH

Layer 1

  • Otterscan v2.2-ALPHA: improved Sourcify integration and UI improvements
  • Reth snapshots: public snapshots by merkle, sync a node in 6 hours 

For Stakers

  • Stereum v2 (node launcher): install/manage node via UI

Client releases

  • Consensus layer:
    • Lodestar v1.12.0: various updates, upgrade validator & beacon node clients together
    • Nimbus v23.10.1: hotfix for peer scoring issue in v23.10.0
  • Execution layer:
    • Nethermind v1.22.0: improved memory management (consumption reduced ~25%)


  • Validator smoothing commitments: out of protocol solution to improve permissionless liquid staking protocols, node operators pay upfront to run validators for a minimum duration 
  • Inclusion list framework to evaluate designs on censorship resistance metrics 
  • MEV burn benefits: improves validator economics, lessens builder liquidity requirements, increases cost of censorship and improves resilience in a mass MEV event
  • Signature Merge: massive-scale signature aggregation using recursive SNARKs & PCD

Layer 2


  • EIPs
    • EIP7553: Separated payer transaction
  • ERCs (application layer):
    • ERC7554: NFTs benefits attachment via metadata (ERC721 extension)
    • ERC7555: Single sign-on for account discovery
    • ERC7556: Embedded accounts as smart modules

Stuff for developers



Onchain stats

  • Gas fees (via ultrasound.money): 9.9 to 323.6 gwei, with 28.9 gwei average
    • Zero net issuance currently at 21.7 gwei 
    • 6.6k ETH net burn this week
  • ETHUSD: $1,829 – $2,133, currently $2,080
  • ETHBTC: currently 0.056 (Flippening at ~0.16)

Notable at app layer

  • USDC & EURC v2.2: phased rollout, reduces gas costs & supports ERC1271
  • Coinbase Verifications: onchain user attestations for account & country verified by Coinbase, uses Ethereum Attestation Service (EAS)
  • Sablier UI dynamic streams: adds timelock, unlock-linear & unlock-cliff
  • CoW Swap programmatic orders: approve orders with a single signature, execute automatically
  • Notional v3 live on Arbitrum, adds variable rate lending/borrowing & leveraged liquidity strategies
  • Show Up (RSVP for events): request deposits on registration, attendees get paid for showing up
  • Bountycaster (bounties platform) live on Farcaster, beta
  • Gaslite Drop adds airdrop to X (Twitter) post replies, filter & token gate recipients
  • Sound magic upload: zero gas upload, only requires an email address
  • Optimism We ❤️ The Art: NFT creator contest (AI, generative, music & 1of1s), 1M OP in prizes

Job Listings

Job listings: $600 for four issues (75 character limit).  Questions? abcoathup at-gmail



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