Week in Ethereum News




Week in Ethereum News
September 9, 2023

Eth News and Links

Dencun (Cancun + Deneb) upgrade

  • Latest all core devs – consensus (ACDC) call video. Notes from Christine Kim:
    • Testing continues on devnet-8
    • Devnet-9 planned for Tuesday September 19
    • EIP4844 blobs per block: big block analysis presented, no changes to 3/6 (target/max) yet
    • Proposed addition to Dencun (open for community input): max epoch churn limit as a short term fix to validator set size growth, discuss on ACDE whether to include in Dencun

Centralization watch: threatening the value of your ETH

Layer 1

For Stakers

  • Staking directory: adds info for liquid staking on network share & self-limit pledges

Client releases for Holešky testnet

Research

  • Terence’s EIP4844+ (ideas for extending blobs after Dencun upgrade): erase code to increase target/max blobs to 6/12 and apply data availability sampling
  • PeerDAS: data availability sampling approach reusing p2p components to scale without DHT
  • Barnabe: inclusion list games, builders may be incentivised to stuff blocks and proposers may try to bribe/extort each other

Layer 2

  • Base delay in block production for 45 minutes
  • Barry Whitehat’s Plasma Free proposal: free transactions but if data is unavailable users need to make a forced transaction (users online assumption)

EIPs/Standards

  • EIPs
    • EIP7514: Add max epoch churn limit
  • ERCs (application layer):
    • ERC7507: Multi-user NFT extension (ERC721 extension)
    • ERC7508: Dynamic onchain token attributes repository
    • ERC7509: Entity component system
    • ERC7510: Cross-contract hierarchical NFT (ERC721 extension)
    • ERC7511: Minimal proxy contract with PUSH0
    • ERC7512: Onchain representation for audits
    • ERC7513: NFT-bound modularized contract (ERC1155 extension)

Check out web3 Builders Podcast 

Web3 Builders

Check out Will and Evan’s interviews with the honest actors of Ethereum: Austin Griffith, Ameen Soleimani, and Vitalik Buterin (part 1).  

Or listen to our weekly news show. On this week’s episode: Lido attempting to add backdoor onchain governance to Ethereum, Bitcoin mining adjustment and declining security budget, and Rune’s announcement of a far-off Maker appchain.

Stuff for developers

  • Foundry:
    • Forge-std v1.6.1: new cheat codes to get keys of a mapping, filesystem cheats & JSON parsing 
    • Catapulta (Foundry deployment automation): abstracts RPC config & Etherscan keys, free during alpha
    • Solpretty: Solidity library for pretty printing numbers
  • RareSkills: gas optimization guide
  • Guide to Vyper compilation pipeline
  • Ape-roll: weiroll (operation-chaining/scripting language) client for Ape Framework
  • ApeWorX cHaOSneT (beta): paid testnet service with simulated activity using bots
  • Heimdall-rs v0.5.3: increased decoding accuracy and adds flag to help decode transactions with non-standard byte sizes
  • Privacy playgrounds (wiki): hidden information mechanics for onchain games

Security

Ecosystem

  • Paper on privacy pools (authors include Vitalik & Ameen Soleimani): users can prove regulatory compliance without revealing their entire transaction history
  • ERC4337 (account abstraction) grant recipients
  • Hackathon projects: ETHWarsaw and Ethcon Korea

Onchain stats

  • Gas fees (via ultrasound.money): 7.8 to 88.9 gwei, with 15.7 gwei average
    • Negative issuance currently at 20.4 gwei 
    • 3.6k ETH net issuance this week
  • ETHUSD: $1615-1653, currently $1635
  • ETHBTC: 0.0627-0.0636, currently 0.0631 (Flippening at ~0.16)

Notable at app layer

  • USDC native on Optimism & Base
  • Kain proposes Synthetix experiment with expansion, on Base with ETH collateral
  • Kevin Owocki returning to Gitcoin
  • Nouns DAO fork #0 started (fork explainer: enables 20%+ to exit their share of the treasury together)
  • TryENS: create a temporary ENS subdomain, expires after 48 hours
  • Hashmarks: fading SVG NFTs that require refreshing using the physical sculpture
  • Vaults.FYI: find the best yield (with or without farming incentives) for your assets 

Job Listings

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

Regulation/business/tokens

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.

Permalink for this week’s issue: https://weekinethereumnews.com/week-in-ethereum-news-september-9-2023

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