Week in Ethereum News
September 2, 2023

Eth News and Links

Dencun (Cancun + Deneb) upgrade

  • Latest all core devs – execution (ACDE) call video. Recap by Tim Beiko.  Notes from Tim Beiko and Christine Kim:
    • Devnet 8 to be used for most Dencun testing, devnet 9 will include final spec changes & hopefully be the last devnet
    • Public testnet upgrade order: Holešky (new, smaller number of node operators), Goerli (deprecated, has most apps/L2s/stakers) and then Sepolia before mainnet
    • Holešky to test 3/6 (target/max) blobs with option to reduce to 2/4 for other testnets/mainnet
    • Discussions on Verkle trie live migration vs combining with state expiry and Address Space Extension/Compression
  • Intro to blobspace: EIP4844 (proto-danksharding) in Dencun upgrade & full danksharding

Centralization watch: threatening the value of your ETH

Layer 1

Client releases

  • Consensus layer:
    • Lodestar v1.11.0: adds Holešky testnet
  • Execution layer:
    • Nethermind v1.20.2/v1.20.3: adds Holešky testnet
    • Reth v0.1.0-alpha.8: sub 1TB full node, configurable pruning for each table and improvements for Transaction Pool & RPC


Layer 2


  • ERCs (application layer):

Check out Evan’s new podcast: web3 Builders

Web3 Builders

Are the permabulls lying to you (for clicks and views) about the chances for ETF approval?  

Evan says they are, Will disagrees.  

Listen on Apple, Spotify or RSS.  (Or watch on YouTube)

This is a podcast for people who appreciate nuance more than mindless shilling.

Stuff for developers

  • Foundry:
    • Rivet: developer wallet (browser extension), integrated with Anvil, alpha
    • Huffpoint: vm.breakpoint in Huff to use with Foundry debugger
  • OpenSea redeemable NFT draft standards, proof of concept burn to redeem live on mainnet
  • Unique contract designs: BIG, many to one & one to many proxies, overlapping layouts and deeply nested variables
  • Arbitrum Sepolia testnet is live, Arbitrum Goerli will be deprecated later in the year
  • Circomscribe: analyze Circom code
  • Trail of Bits adding Vyper support to Slither and Echidna



Onchain stats

  • Gas fees (via ultrasound.money): 9 to 122 gwei, with average around 21.
    • Negative issuance currently at 20.1 gwei 
    • About 400 ETH net burn this week
  • ETHUSD: $1610-1735, currently ~$1630
  • ETHBTC: .062-.0635, currently .063 (Flippening at ~.16)

Notable at app layer

Job Listings

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



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.

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