Week in Ethereum News
September 23, 2023

Eth News and Links

Dencun (Cancun + Deneb) upgrade

  • Latest all core devs – consensus (ACDC) call video. Notes from Christine Kim:
    • Devnet-9 planned for September 27, will include KZG ceremony values if ready
    • Public testnet upgrade order changed: Goerli to be first as it’s deprecated, allows testing 3/6 (target/max) EIP4844 blobs, ideally before Devconnect
  • Dencun testing call video.  Notes from Terence
  • Consensus-specs v1.4.0-beta.2: adds EIP7514 (max churn limit) and fork-choice rule proposer boost adjustment

Prague + Electra upgrade

Centralization watch: threatening the value of your ETH

Layer 1

For Stakers

Client releases

  • Execution layer:
    • Geth v1.13.1: hotfix for v1.13.0 block production, adds env vars for configs & colored help screen
    • Nethermind v1.20.4: Holešky testnet new genesis

Research

Layer 2

EIPs/Standards

  • EIPs
    • EIP7519: Atomic storage operations SCREDIT and SDEBIT
    • EIP7523: Empty accounts deprecation (prohibit empty accounts on post-merge networks)
  • ERCs (application layer):
    • ERC7520: zk-SNARK public inputs overflow protection
    • ERC7521: General intents for contract wallets
    • ERC7522: OIDC (OpenID Connect) zk verifier for Account Abstraction (ERC4337)

Lido is a systemic threat to ETH: interview with Danny Ryan

Danny Ryan interview

Lido is a systemic threat to Ethereum.  You won’t want to miss this episode with Danny Ryan. (Watch on YouTube)

Danny also covers the death of VDFs, EIP7514 (max epoch churn limit) and EIP7251 (increase max effective balance).


Stuff for developers

Security

Ecosystem

Enterprise

Onchain stats

  • Gas fees (via ultrasound.money): 6.3 to 329.3 gwei, with 12.9 gwei average
    • Negative issuance currently at 20.7 gwei 
    • 6k ETH net issuance this week
  • ETHUSD: $1,577 – $1,666, currently $1595
  • ETHBTC: currently 0.06 (Flippening at ~0.16)

Notable at app layer


Job Listings

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


Regulation/business/tokens

  • Coinbase campaign to get the 52 million Americans owning crypto to ask Congress to pass clear & sensible legislation
  • FTX sues SBF’s parents to recover alleged fraudulently transferred & misappropriated funds

General


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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