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June 21, 2020 Week in Ethereum News - thanks to Matcha by 0x!
Eth News and Links
Eth1
Trinity v0.1.0-alpha.36 (Python client) - BeamSync improvements, metrics tracking (influxDB/Grafana), partial eth/65 support
Updated Eth on ARM images. Geth fast syncs a full node in 40 hours on 8GB Raspberry Pi4
Miners began bumping up the gas limit (12m now), which sparked some polemics about the tradeoff between state growth versus user fees. Higher gas limit resulted in safelow gas fees in the teens for the first time in weeks.
Eth2
Prysmatic (Go) client update - stable Onyx testnet, 80% validators community run, RAM usage optimizations
Nimbus (Nim) client update - up to spec, 10-50x processing speedup, splitting node and validator clients
SigmaPrime’s update on their Eth2 fuzzer - found some Prysmatic bugs, fuzzing Lodestar (Javascript client), Lighthouse ENR crate bug, dockerizing the fuzzer so the community can run it
Jonny Rhea’s Packetology posts (one and two) on identifying validators
Attack nets - a testnet specifically for attacks
Layer2
Matter Labs’ ZK Sync rollup is live - tiny transaction fees, withdrawals to Eth mainnet in 15 mins, 300 transactions per second (with 2000 tps coming)
Minimally viable rollback in Validium/Volition
Crypto
a GKR inside a snark to speed up SNARK proving 200x
Attacking the Diogenes setup ceremony for Eth2’s VDF
Kate polynomial commitments explainer from Dankrad Feist
Reputable List Curation from Decentralized Voting Crites, Maller, Meiklejohn and Mercer paper for construction of private TCR voting
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Stuff for developers
Waffle v3 with ethers v5 support
WalletConnect v1 release, now with mobile linking
ethers-rs, a port of ethers to Rust
Solidity v0.6.10. error codes and bugfix for externally calling a function that returns variables with calldata location.
Sorting without comparison in Solidity
Create dynamic NFTs using oracles
Wyre’s WalletPasses allow push notifications for dapps
Code security
OpenZeppelin found a bug that affected 61 Argent wallets
Bancor bug: public method allowed anyone to drain user balances. Amusingly, the white hat draining got frontrun
DeFiSaver exchange vulnerability. They white hat drained it and also got frontrun.
Check out this newsletter’s weekly job listings below the general section
Ecosystem
Reddit announces scaling competition to move Reddit’s community points to mainnet
It seems the mysterious and massive transaction fees were from a hacked korean ponzi called GoodCycle. Various miners have handled differently: Ethermine (already paid out). Sparkpool (said it would pay out but then victim identified, unclear to me if yet resolved). f2pool (said they’d return to new address)
By default, Geth will no longer accept transaction fees over 1 eth
Ethereum Foundation invests in Unicef’s CryptoFund startups
Enterprise
WEF, IADB and Colombian government project to reduce corruption in procurement
EY launches crypto tax reporting app
DAOs and Standards
EIP2733: Transaction package
Application layer
$COMP was distributed and liquidity mining (“yield farming”) blew up. Compound passed Maker for #1 on DeFiPulse, and $COMP has had a fully diluted market cap over $3.5 billion
Uniswap v2 passes v1 in liquidity
Streamr’s data unions framework is live for anyone to create their own
5m KNC burned milestone
Yield farming on steroids from Synthetix, Ren, and Curve
A yield farming for normies (and the risks!) tweetstorms from Tony Sheng
this artwork is always on sale, v2 with 100% per year tax instead of 5%
Tokens/Business/Regulation
ETH disrupting SWIFT: why fintech VCs are missing DeFi
Nick Tomaino on the economics of Eth2
Liechtenstein company tokenizes 1.1m USD collectable Ferrari
Opyn: hedging with calls
Job Listings
Synthetix: Deep Solidity engineer, 2+ years exp & US/EU friendly timezone
Chainlink: Product Manager for Blockchain Integrations and Lead Test Engineer
0x is hiring full-stack, back-end, front-end engineers + 1 data scientist
Celer Network: Android developer
Trail of Bits is looking for masters of low-level security. Apply here.
Want your job listing here? $250 per line (~75 character limit including spaces), payable in ETH/DAI/USDC to evan.ethereum.eth. Questions? thecryptonewspodcast -at-gmail
Housekeeping
Follow me on Twitter @evan_van_ness to get the annotated edition of this newsletter on Monday or Tuesday. Plus I tweet most of what makes it into the newsletter.
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Permalink: https://weekinethereumnews.com/week-in-ethereum-news-june-21-2020/
Dates of Note
Upcoming dates of note (new/changes in bold):
June 24 - EIP1559 call
June 25 - Eth2 call
June 26 - Core devs call
June 29 - Swarm first public event
July 3 - Gitcoin matching grants ends (here’s my grant)
July 6-Aug 6 - HackFS Filecoin/IPFS and Ethereum hackathon
July 20 - Fork the World MetaCartel hackathon
Aug 2 - ENS grace period begins to end
Oct 2-Oct 30 - EthOnline hackathon