Eth News and Links
Mainnet execution layer
- Trent: miners should plan for PoW to end in 3-6 months
- PoW switch off second community call December 3, for infrastructure providers, wallet and application developers
- Erigon v2021.11.03: bug fixes, continuing to stabilize beta
- Besu v21.10.2
- Erigon reduced scope of v2: stopping work on consensus engine separation as PoS testnets can replace PoW and PoA testnets
- Nimbus creating an execution layer client, so that when we turn off proof of work you can run Nimbus for execution and consensus layers
- Piper Merriam’s Aperture Portal Network update, focused on getting a live testnet
EIPs/Standards
- EIP NFTs: authors of finalized EIPs can mint an NFT
Proof of Stake consensus layer
- Latest What’s New in Eth2 (or What’s New in Consensus Layer if you prefer, thanks to Proto, but please open both)
- PoS implementers call. Notes from Ben Edgington: multi-client devnet started, discussion on total transition difficulty (TTD) override
- Vitalik: Casper FFG with backoff
Layer2
- Celer cBridge v2.0 live on mainnet, one click user experience and LPs don’t need to run a cBridge node
- StarkNet Alpha 4 (release candidate for mainnet): adds token bridges, block hash, self contract address & updates contract address calculation
- Polygon Miden: zk virtual machine in Rust for STARK based zk rollup, led by Bobbin Threadbare (former Facebook’s lead ZK researcher & creator of Winterfell), alpha
- Binance adds direct deposit to Arbitrum One rollup with withdrawals to be added later
This newsletter is made possible thanks to Starbloom Ventures!
Starbloom Ventures is a new early-stage venture fund by Evan Van Ness and James Fickel to invest in the future of web3.
Check out our announcement tweetstorm.
We’re pledging 10% of profits to support Ethereum public goods.
Stuff for developers
- Annual Solidity developer survey [Google form]
- web3.js v1.6.1: breaking change in web3.eth.getBlock output, open discussion on auto fill of gas price if not set in sendTransaction
- eth-sdk v0.2.2 (generate type-safe contract SDK via the address): option to use Sourcify as ABI source
- Uniswap v3 geometric mean TWAP oracle manipulation, technically possible but under restrictive conditions
- OpenZeppelin Defender contract automation, now free for teams
- Gelato Ops: contract task automation
- MultiFaucet: Ropsten, Kovan, Görli and Optimism Kovan testnet faucet via Twitter sign in, dripping ETH, wETH, DAI and ERC721 NFTs
- siwe: Sign-In with Ethereum library, alpha with example integration
Security
- ERC1155Supply low severity OpenZeppelin Contracts vulnerability, total supply lower than circulating tokens during callback when minting
- Using Flashbots to recover ENS tokens from a compromised mnemonic
Ecosystem
- watchtheburn v3: insights with real-time historical totals, basefee increasing and net issuance decreasing every month
- Galaxy Digital: visualization for 100 days of EIP1559 [PDF], miner revenue increased 33% in dollar terms, 56% of ETH issuance burnt
- Vitalik’s review of Optimism’s retroactive public goods funding round: increase number & diversity of voters, 2 layer nomination process, secret ballots, more discussion and change reward formula
- Flashbots Protect: view status of pending transactions on Etherscan
Enterprise
- TIME magazine to hold ETH on balance sheet
- Sotheby’s live auction denominated in Ether for two Banksy paintings
- Adidas issued POAP via their mobile app
- Yuga Labs (creators of Bored Apes) trademark application for APE with US Patent & Trademark Office
Application layer
- Aave Arc: permissioned Aave market with Fireblocks providing KYC/AML and onboarding to institutions
- Cream Finance exploit recovery, allocating tokens from the treasury to impacted, uninsured users
- Paraswap governance token, ~20k users eligible to claim out of more than 1 million addresses
- Saddle governance token, initially non-transferrable, after 3 months DAO can make transferrable or after 12 months anyone can
- AugurDAO: plan for transition to DAO using a DXdao Guild
- ConstitutionDAO: attempt to buy print of US constitution, outbid at auction by Ken Griffin for $41 million (plus fees & taxes), contributors can claim a pro rata refund and a POAP [Disclosure: I contributed]
Job Listings
- ethereum.org team is hiring a Product Designer
- Open Source Developer at OpenZeppelin
- Ethereum Foundation hiring a Research Engineer for PoS consensus layer
Reach people experienced with Ethereum. $420 for two issues (~75 character limit), payable in ETH/DAI/USDC to abcoathup.eth. Questions? abcoathup at-gmail
Regulation/business/tokens
- Ethereum Foundation grants to Coin Center, Electronic Frontier Foundation, Fight for the Future and upcoming Gitcoin advocacy round
- Fei and Rari token merger proposal
- Analysis of COMP liquidity miners participation in governance, 7% hold 50% or more of the COMP they claimed, only 1 in top 100 ever voted
General
- Crypto.com buys 20 year naming rights for Staples Center in LA
- npm vulnerability, attacker could publish a new version of any package
- Amazon UK in 2022 will no longer accept payments from UK issued Visa credit cards due to interchange fee of 1.5%
- Jameson Lopp: Four year journey tracking down a swatter
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.
Permalink for this week’s issue: https://weekinethereumnews.com/week-in-ethereum-news-november-20-2021
Dates of Note
Upcoming dates of note (new/changes in bold):
- Oct 25 – Dec 13 – Gitcoin DAO Global hackathon (virtual)
- Dec 1-16 – Gitcoin Grants Round 12
- Dec 3 – PoW switch off second community call
- Dec ~8 – Arrow Glacier upgrade block 13,773,000
- Jan 24-26 – Science of Blockchain Conference (Stanford University)
- Feb 11-20 – ETHDenver
- Mar 28-30 – ETHDubai
Did you get forwarded this newsletter? Sign up to receive it weekly