Eth News and Links
Devconnect in 2025 & Devcon in 2026, Justin Drake’s beam chain proposal and Virgil Griffith coming home in April
Layer 1
- FastEthereumCrawler: node discovery v5 (discv5) crawler based on Nim implementation
Research
- Justin Drake: beam chain proposal , upgrade consensus layer with a batch of features in ~2029 for faster slots, faster finality, SNARKs & quantum security
- Anders Elowsson: consolidation incentives in Orbit single slot finality
Centralization watch: threatening the value of your ETH
- 🚨 Lido at 27.9%, still too close to 33.3% threshold
- Client diversity (via clientdiversity.org):
- Execution layer: Geth ~52% majority
- Consensus layer: Prysm 37% & Lighthouse 33.3%
- Any client bug over 33.3% could mean loss of finality
- Better geographic diversity is optimal, particularly outside of North America & Europe
Client Releases
- Consensus layer:
- Lodestar v1.23.0: Mekong testnet support & fix for CPU illegal instruction compatibility issue
Layer 2
- Lisk (former alt-L1) migrated to OP Stack
EIPs/Standards
- EIPs (Ethereum improvement proposals):
- EIP7814: Introspection precompiles
- ERCs (application layer):
Stuff for developers
- OpenZeppelin community contracts (Solidity): experimental contracts, co-developed libraries & newer ERC implementations; unaudited
- Coinbase smart wallet spend permissions: request to spend native & ERC20 tokens for 1-click/no-click user experience
- DuneScan: block explorer in Dune
- CTFs:
- OpenZeppelin Ethernaut new levels: impersonator & magic animal carousel
- Secureum RACE #34: answers to 8 question Solidity quiz
- 0xPARC Provable Object Datatype (POD): used in Zupass, FrogCrypto & Meerkat
Security
- DeltaPrime $4.8M exploit on Arbitrum & alt L1, attacker then staked stolen funds
- Red Guild: Phishing Dojo, interactive quiz on identifying phishing attacks
Ecosystem
- Devcon videos
- Devconnect next up in 2025 & Devcon in 2026, suggest a location
- Evan’s dumbing down of Vitalik’s roadmap explainers: the Verge, the Purge & the Splurge
Job Listings
- Nethermind: Auditor, Agent Engineer, Content Marketing Manager & Researcher
- Executive Director for Enterprise Ethereum Alliance
Job listings: $600 for 4 issues (75 char limit). Pay using 3cities. Questions? abcoathup at-gmail
Onchain stats
- Fees (via ultrasound.money):
- Gas: 4.4 to 131.5 gwei, 24.5 gwei average; zero net issuance at 24.3 gwei
- 0.3k ETH net burn this week
- ETHUSD: $2,967 – $3,396, currently $3,096, all time high $4,878
- ETHBTC: currently 0.034 (Flippening at ~0.164)
Notable at app layer
- ERC4337 shared user operations pool live on mainnet, Arbitrum & OP mainnet
- Vitalik: info finance category, includes prediction & decision markets
Regulation/business/tokens
- Polymarket CEO raided by FBI
- SEC sued by 18 states for regulatory overreach in crypto
- US Attorney’s Office SDNY devoting fewer resources to harass crypto
- ETH ETF net positive lifetime inflows
- Rekt: CryptoPunks & NFT influencers
General
- Virgil Griffith coming home in April
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-november-16-2024
Upcoming Dates of Note
(new/changes in bold)
- Dec 4-5 – Columbia CryptoEconomics workshop (New York)
- Dec 6-8 – ETHIndia hackathon
- Jan 30-31 – EthereumZuri.ch conference
- Feb 23 – Mar 2 – ETHDenver
- May 9-11 – ETHDam (Amsterdam) conference & hackathon
- May 30 – Jun 4 – ETH Belgrade hackathon & conference
- Jun 12-13 – Protocol Berg (Berlin)
- Jun 16-18 – DappCon (Berlin)
- Jun 26-28 – ETHCluj (Romania) conference
- Jun 30 – Jul 3 – EthCC (Cannes) conference
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