Week in Ethereum News, June 11, 2022 - sponsored by Karma

Eth News and Links

PoW switch off (the Merge)

• Ropsten testnet merge a major success:

  • ~99% participation & proposal rates after config fixes & reboots

  • some client pairs proposing empty blocks

• Latest core devs call video. Notes from Tim Beiko:

  • Testnets: Sepolia merge in 3 weeks, Goerli merge in 6 weeks

  • Difficulty bomb to be pushed back ~2.5 months

• MEV boost creates a market for building blocks until proposer-builder separation

• Performance benchmarking of consensus layer clients.

  • TLDR: Ethereum has 5 great consensus layer clients: Lighthouse, Lodestar, Nimbus, Prysm & Teku

• Merge upgrade checklist for solo stakers

EIPs/Standards

• EIP5143: Slippage protection for Tokenized Vault

• EIP5139: Remote Procedure Call provider lists

Layer2

• Aztec shipping delayed due to transaction size difficulties

• L2 transaction finality explainer

---

This newsletter is made possible thanks to Karma!

Karma is building a reputation system for DAO contributors. We aggregate DAO activity (currently over 25 DAO integrations and 25k contributors!) and work with your community to tailor the score to the needs of your DAO. 

Are you worried that your tokenholders are choosing DAO delegates who don’t actively vote and engage in governance? Get in touch with us to help your tokenholders make informed decisions.

---

Stuff for developers

• Remix v0.24.0: project templates, Solidity compiler config file option, publish code to specified IPFS endpoint

• Otterscan supports Erigon 2 alpha

• Ropsten node docker compose template with Erigon-Prysm and Otterscan 

• MultiFaucet increased to 100 testnet ETH for Ropsten & Goerli testing

• Etherscan ERC1155 token transfer events endpoint

• web3 scaffold: Foundry, Next.js, RainbowKit, example subgraph

• RainbowKit CLI: scaffold RainbowKit, wagmi & Next.js app

• Ethereum Data Warehouse guide to run queries on NFT mints & trades

• OxPARC zkREPL: zkSNARK web based dev environment

Security

• 20m OP transferred to Wintermute on Optimism but the market maker had not deployed their multisig.  Hacker sold 1m OP and returned 18m OP; 1inch’s Anton Bukov deployed 22k more Gnosis Safes with ownership to Optimism multisig

• Aurora DELEGATECALL vulnerability disclosed, $200 million was at risk, $6 million bounty paid

• OpenSea Wyvern vulnerability disclosed, $3 million bounty paid

• Sense oracle manipulation vulnerability disclosed, $50k bounty paid

Ecosystem

• Devcon Bogotá:

  • applications open for builder, student, speaker & volunteer tickets 

  • ticket sales in waves from July 18 and raffle+auction 

  • Ethereum aligned supporter program rather than sponsors 

  • new Devcon website

• Etherscan method filters support EOAs to search for specific types of transactions

Enterprise

• Paypal supports send & receive to ETH wallets for US users

Application layer

• Hop airdrop claims open on mainnet

• Synthetix V3GM: governance on Optimism using combined mainnet & L2 voting power

• Uniswap research: fee returns on non-rebalancing v3 positions better than v2 by 54% on average

• Forta token (security & operational monitoring), web3 devs, multisig signers & Ethernaut players eligible for airdrop [Disclosure: I’m eligible as a contributor]

• Kate Sills: soulbound tokens should be signed claims

• ApeCoin DAO votes to stay Ethereum by a half a million vote margin

---

Job Listings

• People Operations Lead at EF

• Hiring Coordinator wanted by EF

• EF: generalist developer to drive strategic ecosystem initiatives

• Sourcify: TypeScript/nodejs developer wanted

• Remix: frontend React/Typescript dev

Job listings: $600 for four issues (~75 character limit), payable in ETH/DAI/USDC to abcoathup.eth on mainnet/Arbitrum/Optimism. Pay with one click using 3cities.  Questions? abcoathup at-gmail

---

Regulation/business/tokens

• Jake Chervinsky: US Senator Lummis proposed crypto regulatory framework bill would make CFTC primary spot market regulator rather than SEC

• Paradigm: DAO legal entity matrix

• Lido proposes solving the principal-agent problem by giving stETH holders a veto

• ZachXBT: Players Only NFT rugpull by pro athletes

• Coindesk: US SEC investigating Luna collapse

• Bloomberg: US SEC investigating Binance’s BNB sale

General

• Groth-Sahai proofs explainer

• MongoDB queryable encryption preview

---

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-june-11-2022

---

Upcoming Dates of Note

(new/changes in bold)

• Jun 20-23 – NFT.NYC

• Jun 23 – Gitcoin Grants Round 14 ends (support Week in Eth News)

• Jun 24-26 – ETH NYC (ETH Global)

• Jun 27 – Devcon speaker applications close

• Jun 30 – Devcon discounted ticket applications close

• Jul 1 – Data Availability Sampling proposals due

• Jul 6-8 – ETHBarcelona

• Jul 8 – ETH Seattle summit

• Jul 18 – Devcon wave 01 tickets

• Jul 19-21 – EthCC 5 (Paris)

• Aug 5-13 – ETH Seoul

• Aug 8-10 – ETHToronto

• Aug 11-14 – ETH LATAM (Buenos Aires)

• Aug 19-21 – ETHMexicoCity (ETH Global)

• Aug 27-28 – DeFi Security Summit (Stanford)

• Aug 28 – DeFi San Francisco summit

• Aug 29-31 – Science of Blockchain Conference (Stanford)

• Sep 1-4 – ETHWarsaw (hackathon & conference)

• Sep 2-28 – ETHOnline

• Sep 6-9 – MCON 2 (Denver)

• Sep 8-10 – ETHSantiago

• Sep 12-14 – DappCon (Berlin)

• Sep 16-18 - EthBerlin

• Sep 27-29 – Ethereum SP (São Paulo)

• Oct 7-9 – ETHBogotá (ETH Global)

• Oct 11-14 – Devcon 6 (Bogotá)

• Nov 4-6 – ETHSanFrancisco (ETH Global)

• Nov 18-20 – ETHGlobal Web3 Weekend

• Dec 1-4 – ETHDownUnder (Sydney)

• Dec 2-4 – ETHIndia (ETH Global)

Sign up to receive this newsletter weekly