Eth News and Links
Dencun (Cancun + Deneb) upgrade
- Latest all core devs – execution (ACDE) call video. Notes from Tim Beiko:
- Devnet-11: mostly stable
- Devnet-12: planned for next week if 3+ CL clients are ready
- Goerli: upgrade unlikely in December; client team & EF validators will be stopped 3 months after upgrading (or 1 month after mainnet upgrade if later), then 1 month of chaos testing
- eth_multicallV1 proposed addition to JSON RPC
Centralization watch: threatening the value of your ETH
- 🚨 Lido at 32.00% is increasing towards 33.3% threshold
- Lido node operator InfStones server vulnerabilities disclosed
- Client diversity (via clientdiversity.org):
- Execution layer: Geth ~85% supermajority, could possibly cause a chain split
- Consensus layer: Prysm 41% & Lighthouse 34%, any client bug over 33.3% could mean loss of finality
- Geographic diversity needed, particularly outside of North America & Europe
Layer 1
- Dapplion: EIP6914 (reuse withdrawn validator indices) may not be required for several years
- MEV Order Flow Auctions overview
Client releases
- Execution layer:
- Reth v0.1.0-alpha.11: Cancun-ready, op-reth, adds eth_callBundle, eth_getProof & trace_filter and more accurate RPC tracing
EIPs/Standards
- EIPs
- EIP7563: Time Capsule encryption via VDF
- ERCs (application layer):
- ERC7564: Contract wallet management NFT
Stuff for developers
- Foundry:
- forge-std v1.7.3: adds mock ERC20 & ERC721 contracts and new cheat codes: stop/start state diff recording & compute create/create2 address
- Foundry-devops v0.1.0: get most recent deployment, removed ffi requirement
- anvil-web3: create & interact with Anvil instances from Python
- Edge (EVM domain specific language) specification
- Impersonator iframe: connect to a dapp in iframe via SafeConnector
- Solidity inheritance puzzle solution
- Scaffold-ETH 2 challenges teaching Solidity, Hardhat, NextJS, Scaffold-ETH 2 & The Graph
- Curta Cup CTF solutions: 1st placed team & 2nd placed team
- Dan Finlay: redeemDelegation, proposal for more conversational wallet connections
Security
- KyberSwap Elastic (concentrated liquidity) $54M exploit on mainnet, L2s & sidechains; exploit reproduction
- Guide to recovering funds from compromised keys using HackedWalletRecovery
Ecosystem
- ETHGlobal:
- Istanbul hackathon finalists
- 2024 hackathon calendar: London, Sydney, Brussels, Singapore, San Francisco & DevCon
Onchain stats
- Gas fees (via ultrasound.money): 12.1 to 413.7 gwei, with 31.7 gwei average
- Zero net issuance currently at 21.8 gwei
- 7.4k ETH net burn this week
- ETHUSD: $1,930 – $2,131, currently $2,076
- ETHBTC: currently 0.055 (Flippening at ~0.16)
Notable at app layer
- Blast (preannounced L2) promoted as native yield, taking deposits (no withdrawal), controlled by 3/5 multisig, pyramid style rewards, ETH deposits being invested via Lido
- Circle bridged USDC standard, L2s can deploy with option to later upgrade to native issuance
- Nick Johnson: .eth & DNS root explainer
- evm.storage EOA pages: view snapshot of an account at a specific block
Job Listings
- Aragon: Senior smart contract developer w EIP, auditing experience
- Senior Operations Security Expert wanted by EF
- Enya Labs: Lead Security Engineer, Sr. Fullstack Dev (with Go exp), BizDev
- Nethermind: Lead Software Engineer, BizDev & CTO
Job listings: $600 for four issues (75 character limit). Pay using 3cities. Questions? abcoathup at-gmail
Regulation/business/tokens
- Binance: $4.3B settlement with DoJ, FinCEN, OFAC & CFTC; CZ resigns as CEO
- SEC allege Kraken operates as an unregistered securities exchange
- Tether froze 225M in stolen USDT linked to international crime syndicate
- Wyoming Stable Token Commission request for info/proposals for their stablecoin
- Bittrex Global winding down
- Coindesk bought by Bullish (centralized exchange)
General
- Hacks: HTX & Heco bridge $99M lost and Kronos Research (market maker) $26M lost
- Binius: implementation in Rust of SNARK for towers of binary fields
- BabySpartan: Lasso-based SNARK for non-uniform Plonkish arithmetization
- Fully Homomorphic Encryption (FHE) explainer
Follow @WeekinEthNews to find out what the most clicked links are. Follow @abcoathup and @evan_van_ness 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-25-2023
Upcoming Dates of Note
(new/changes in bold)
- Nov 29 – Gitcoin Grants 19 ends (support Week in Ethereum News)
- Nov 30 – Road to Devcon grants deadline (max $1k for local meetups)
- Dec 4 – ETHVenice
- Dec 6-7 – Columbia CryptoEconomics workshop (New York)
- Dec 7 – Optimism’s RetroPGF 3 voting ends (support Week in Ethereum News)
- Dec 7-10 – ETHGlobal Pragma & ETHIndia (Bangalore)
- Jan 15 – EF’s Next Billion fellowship cohort 4 deadline
- Feb 23-Mar 3 – ETHDenver BUIDLWeek & hackathon
- Mar 13-14 – ETHLatam (San Pedro Sula, Honduras)
- Mar 14-17 – Pragma & ETHGlobal London
- Apr 5-26 – ETHGlobal Scaling Ethereum (virtual)
- May 2-5 – Pragma & ETHGlobal Sydney
- May 21-23 – DappCon (Berlin)
- May 24-26 – ETHBerlin
- Jul 8-11 – EthCC (Brussels)
- Jul 11-14 – Pragma & ETHGlobal Brussels
- Aug 23-Sep 13 – ETHGlobal ETHOnline (virtual)
- Sep 20-22 – ETHGlobal Singapore
- Oct 15-20 – Pragma & ETHGlobal San Francisco
- Nov – ETHGlobal DevCon
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