Week in Ethereum News, February 3, 2024
Eth News and Links
Dencun (Cancun + Deneb) upgrade (meta EIP7569)
Latest all core devs – execution (ACDE) call video. Recap by Tim Beiko. Notes from Tim Beiko and Christine Kim:
Mainnet: Dencun upgrade date to be set on ACDC next week; assumes no issues with Holešky testnet upgrade, Goerli blob expiry & churn limit testing and Devnet 12 blob spamming
Sepolia testnet: uneventfully upgraded to Dencun, blobs are flowing
Prague upgrade: Discussions on including EOF or EIP4444 (bound historical data) and how Portal network could distribute historical data; scope to be finalized on ACDE in two weeks
Osaka upgrade: Verkle agreed as core feature; Verkle overview & current status: ~2 weeks to build Verkle tree prior to upgrade & execution 10% slower
Osaka upgrade (meta EIP7607)
Kaustinen testnet (Verkle) rebooted with new features & fixes
Verkle implementers call video & notes
Centralization watch: threatening the value of your ETH
🚨 Lido at 31.82% is far too close to 33.3% threshold
Client diversity (via clientdiversity.org):
Execution layer: Geth 78% supermajority, could cause a chain split
Consensus layer: Prysm 39%, any client bug over 33.3% could mean loss of finality
Research starting for validators to provide client info privately
Better geographic diversity is optimal, particularly outside of North America & Europe
Research
Unconditional inclusion lists (for censorship resistance): transactions are included in a first or second slot, otherwise they are unconditionally added in order to the bottom of the second slot
Client releases
Consensus layer:
Execution layer:
Erigon v2.57.2: fix for RpcDaemon seeing recently retired blocks
Support the Roman Storm & Alex Pertsev legal defense fund
The Biden administration is attempting to criminalize open source software development as part of its war on crypto.
Donate to defend our innocent Ethereum heroes. Retweet to spread awareness.
Layer 2
Arbitrum One ArbOS v11 live, adds Shanghai support (including PUSH0)
Optimism bicameral governance for upgrades, citizens house can veto [Andrew is a badgeholder]
RollCall (L2 standards) fee markets breakout call and notes; repricing EVM operations, L1 passthrough fees & potential multi-dimensional pricing
EIPs/Standards
EIPs:
ERCs (application layer):
Stuff for developers
Remix v0.42: Solidity v0.8.24 now default and GPT help for Circom compiler errors
GasliteVest: continuous linear token vesting base contract
Soledge (Solidity): convert numbers to strings, transient storage helper & reentrancy guard
ERC4626 Vault exchange rate manipulation & mitigations
Natspec smells: identify missing or incomplete natspec
Brownie v1.20.0 (Python): no longer actively maintained
Napalm: productivity framework for custom Solidity vulnerability detectors
Farcaster Frames: mini apps in posts using an image & buttons to trigger callbacks
Frame verifier (Solidity): encode/verify MessageData structs containing Frame actions
OnchainKit FrameKit (TypeScript): get Frame HTML, message and metadata
mesc v0.2: configure & manage RPC endpoints
Secureum RACE #26: 8 question Solidity quiz & solutions
Security
ERC1271 (signature validation for contracts) replay disclosure, possible when the signed digest doesn't include the smart account address
Abracadabra’s Magic Internet Money $6.5M exploit via rounding error
Enterprise
Karen Scarbrough is the new interim Executive Director of Enterprise Ethereum Alliance
Job Listings
MetaMask Staking: Staff Software Engineer and Software Engineer
Sourcify seek a TypeScript Developer
ZK circuits engineer sought by EF Privacy & Scaling Explorations team
EF seek an Executive Assistant to support senior decision makers
Nethermind: Distributed System Engineer, Lead Engineer, Protocol Researcher
Job listings: $600 for 4 issues (75 char limit). Pay using 3cities. Questions? abcoathup at-gmail
Onchain stats
Gas fees (via ultrasound.money): 6.4 to 152.8 gwei, with 19.7 gwei average
Zero net issuance currently at 22.0 gwei
1.8k ETH net issuance this week
ETHUSD: $2,243 - $2,380, currently $2,307
ETHBTC: currently 0.053 (Flippening at ~0.16)
Notable at app layer
ENS gasless DNSSEC live, configure DNS names that support DNSSEC to work with ENS
Chipped: NFC press-on nails, create offchain friends list using Disco secured by your private key, pre-order
Superstate short duration US government securities fund (USTB), US qualified purchasers only
Horswap: Uniswap frontend without censorship or interface fees
Regulation/business/tokens
Proposal for combating illicit finance in DeFi
US SEC Commissioner Peirce gag rule dissent
General
Vitalik: crypto + AI and turning 30
ETH recovered from Ledger Nano S (Firmware v1.2) with no seed phrase
Cloudflare November security incident, via a token & credentials from Okta compromise that hadn’t been rotated
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Permalink: https://weekinethereumnews.com/week-in-ethereum-news-february-3-2024
Upcoming Dates of Note
(new/changes in bold)
Feb 7 – Holešky testnet Dencun upgrade epoch 29696
Feb 23-Mar 3 – ETHDenver BUIDLWeek & hackathon
Mar 13-14 – ETHLatam (San Pedro Sula, Honduras)
Mar 15-17 – ETHGlobal London hackathon
Mar 19-21 – ETH Canal (Panama City, Panamá) conference & hackathon
Mar 21-24 – ETHTaipei conference & hackathon
Mar 22-24 – ETHSamba (Rio)
Mar 27-30 – ETH Bucharest conference & hackathon
Mar 29-31 – ETH Seoul hackathon
Apr 5-26 – ETHGlobal Scaling Ethereum virtual hackathon
Apr 5-7 – EthereumZuri.ch conference
Apr 12-14 – ETHDam (Amsterdam) conference & hackathon
May 3-5 – ETHGlobal Sydney hackathon
May 21-23 – DappCon (Berlin)
May 24-26 – ETHBerlin hackathon
May 31-Jun 2 – ETHDublin hackathon & conference
May 31-Jun 2 – ETHPrague conference & hackathon
Jun 3-5 – ETH Belgrade conference
Jul 8-11 – EthCC (Brussels) conference
Jul 12-14 – ETHGlobal Brussels hackathon
Jul 26-30 – EDCON Tokyo conference
Aug 23-Sep 13 – ETHGlobal ETHOnline virtual hackathon
Sep 20-22 – ETHGlobal Singapore hackathon
Oct 18-20 – ETHGlobal San Francisco hackathon
Nov 12-15 – Devcon 7 - Southeast Asia (Bangkok)
Nov 15-17 – ETHGlobal Bangkok hackathon
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