Week in Ethereum News, August 14, 2021 - thanks to NEAR for making this issue possible!
Eth News and Links
Mainnet execution layer
Geth v1.10.7: potential breaking change in eth_feeHistory API
Erigon v2021.08.02: added txpool_status, eth_maxPriorityFeePerGas, eth_feeHistory; vmTrace in trace_ RPC methods and improved Grafana metrics
Nethermind v1.10.79b: Fixed memory and CPU usage
~17% of transactions are Type 2 (EIP1559) and growing
Post London discussion for EIP1559 implementers call and agenda
Piper’s granular functionality needed by a client for the state network component of the portal network
Impact of Verkle trees on existing contracts, ~26% average gas increase
EIPs/Standards
EIP3712: Multiple Fungible Token Standard
Proof of stake consensus layer
Pyrmont testnet upgrade to Altair scheduled for epoch 61650, August 19
Latest What’s New in Eth2
PoS implementers call. Notes from Ben Edgington: mainnet Altair upgrade date to be set after upgrading Pyrmont
Bootstrapping beacon chain light clients
Consensus API spec v2.0.0: changes for Altair upgrade
Lighthouse v1.5.0-rc.0: update Pyrmont nodes for Altair upgrade, prereleases are not for mainnet use
Tweet storm on steps to increase client diversity
Validator monitoring guide using Prometheus, Node Exporter and Grafana
Layer2
Hermez zero-knowledge EVM roadmap
Proposal for trustless L2 to sidechain bridge using StarkEx secured by
EthereumArbitrum portal of dapps, wallets and tools for August launch
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NEAR Protocol is hosting the METABUIDL Hackathon! $1 Million Dollars in prizes and funding will be awarded to top projects in DeFi, Gaming, NFTs, and more. Build with community members, participate in workshops, and hack with NEAR from Aug 27-Sep 12
Stuff for developers
Solidity v0.8.7: exposes block base fee, SMTChecker improvements
Proposal for Solidity user defined types and operators
Solidity resources: IDEs, editors, tools and parsers
Brownie v1.16.0 (Python): EIP1559 transactions, Hardhat Network support and signing of defunct messages
Smock v2 (JavaScript mocking library for Solidity): improved assertion API, TypeChain support, fakes and mocks
WalletConnect v1.6.0: new server infrastructure to prevent outages
Calldata decoder: uses ABI from Etherscan or custom ABI
ERC20Rewards.sol rewards token ownership without needing staking transactions
ENS avatar field format specification
Flashbots bundle stats: check if and when bundle forwarded to miners
Security
PolyNetwork ~$600million hack, cross-chain contract called to change keepers in permissioned contract; Tether freeze process; Q&A with hacker; funds are being returned, $340million so far
Punk Protocol ~$9million hack, exploit was front run with ~$6million returned and a $1million fee for the front runner
DAO Maker ~$7million hack, malicious use of wallet with admin privileges
Ecosystem
MetaMask v10: EIP1559 transaction support live on mobile and Firefox, rolling out on Chrome
GridPlus Lattice1 is first hardware wallet to support EIP1559 transactions
BetaRPC: privately routes ~1% of transactions affected by MEV, integrates TaiChi and MEV relays
Plan to rename Eth1 to Execution layer and Eth2 to Consensus layer, starting with GitHub and R&D Discord
What EF teams worked on in Q2
Enterprise
Paul Brody: Enterprises should build on public blockchains, private chains are like corporate intranets
Application layer
Airdrip: DAOs stream call options to contributors and community members
Curve Finance users can bribe curve holders to vote for their rewards
Hegic V8888: peer-to-pool options trading, experimental beta use at own risk
Zapper decided not to switch on 0.4% fee for Zaps
NFT Lottery: sell NFTs in a raffle
Mallows proof of concept for bring your own algorithm, offering customized UX in web3/metaverse based on the algorithm in the NFT (Disclosure: purchased 2 Mallows)
Token Engineering Commons minimal goal reached for hatch
POAP websites: create a single unique URL per event to claim
Onchain blog: read messages in transaction input data for an address
NFT widget app for iOS, displays NFTs as widgets
Péter Szilágyi’s I’m the Chad NFT: 1 of 1, claimable when base fee is higher than previously purchased
Regulation/business/tokens
Coinbase ETH trading volume flipped BTC in Q2
First big merger of token protocols: Polygon buys Hermez Network for 3.5 MATIC for 1 HEZ
US Senate passed infrastructure bill with anti-crypto tax provision, bill now moves to US House of Representatives
Circle intends to become a full-reserve national commercial bank
US SEC $10million settlement with Poloniex for operating unregistered digital asset exchange
BitMEX to pay $100million for illegally operating trading platform and AML violations; founders still have open cases
Venmo credit card users can now get Eth instead of frequent flyer miles
Leo Messi signing fee for Paris St Germain includes club fan tokens
General
Rich get richer argument against PoS is fundamentally flawed
Vitalik: votes as buy orders, hybrid between voting and futarchy
Packy McCormick: NFTs as social networks
New York Times: joining a penguin NFT club as that’s what we do now
Fred Wilson: consumer experiences built on crypto are next big thing
Art in America: exhibiting NFTs
IC3 blockchain camp videos
Job Listings
Full-stack/mobile lead and architect. Seeking challenging opportunity.
Solidity is hiring a C++ dev
WalletConnect looking for Javascript/Typescript devs
Ethereum Foundation: Test Engineer for consensus and execution layers
Nethermind internship program
Want to reach people experienced with Ethereum? List your job here. $345 per line (~75 character limit including spaces), payable in ETH (or 345 DAI or 345 USDC) to abcoathup.eth. Questions? abcoathup at-gmail
Follow @WeekinEthNews to find out what the most clicked links are. Follow @evan_van_ness and @abcoathup to get most of the week’s news in real time.
Permalink for this week’s issue: https://weekinethereumnews.com/week-in-ethereum-news-august-14-2021/
Dates of Note
Upcoming dates of note (new/changes in bold):
Aug 17 – applications close for written pieces on public goods projects
Aug 17-Sep 7 – Gitcoin Decentralized Governance Hackathon
Aug 19 – Pyrmont testnet upgrade to Altair (epoch 61650)
Aug 27-29 – Edcon (Shenzhen/online)
Sep 15-17 – MetaCartel MCON Denver
Sep 17-Oct 15 – ETHOnline hackathon
Oct 1-3 – EthAtlanta enterprise-focused hackathon & keynotes
Oct 22-24 – ETH Lisbon
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