Week in Ethereum News, November 18, 2023
Eth News and Links
Dencun (Cancun + Deneb) upgrade
Latest all core devs – consensus (ACDC) call video. Notes from Christine Kim:
Blob sidecar inclusion proof: ~2 more weeks to implement
Devnet-12 proposed for end of November, no date yet for Goerli
Péter Szilágyi’s EL client diversity proposal: run one client & statelessly cross-validate with other clients
Centralization watch: threatening the value of your ETH
🚨 Lido at 31.41% is still far too close to 33.3% threshold
Client diversity (via clientdiversity.org):
Execution layer: Geth ~85% supermajority, could possibly cause a chain split
Consensus layer: Prysm 43% & Lighthouse 34%, any client bug over 33.3% could mean loss of finality
Geographic diversity needed, particularly outside of North America & Europe
Ulisse (geographical distribution of nodes): 3k locations & 11k nodes
Layer 1
libMEV: MEV searcher data, beta
Client releases
Consensus layer:
Teku v23.11.0: added validator duties timing metrics, increased default number of threads for batch signature verification and added checkpoint-sync-url CLI option
Execution layer:
Layer 2
Vitalik: return of Plasma, extending to the EVM using validity proofs
EVM plasma discussion
Lattice Redstone: Plasma-inspired data availability on top of OP Stack, live on testnet
L2BEAT Liveness dashboard: display of batch submission & state update intervals and recent anomalies
EIPs/Standards
EIPs
EIP7557: Block-level warming (of addresses & slots with access lists)
RIPs (Rollup Improvement Proposals)
ERCs (application layer):
Stuff for developers
Foundry
forge-std v1.7.2: new cheat codes: loadAllocs (set state for accounts from JSON), eth_getLogs & rpc (arbitrary RPC call)
ENS EVM Gateway: generic CCIP-Read gateway for reading & verifying data from L2 contracts
Trail of Bits roundme: recommends whether an arithmetic operation needs to round up/down
EVM Hound: Rust library to extract potential function selectors from bytecode
AI agent demo, send transactions on Base using OpenAI & Syndicate
Security
SEAL crisis handbook: incident response playbook for contract hacks
Ecosystem
EF’s Next Billion fellowship cohort 4, applications close January 15
Etherscan net transfers of a token for each address
Onchain stats
Gas fees (via ultrasound.money): 14.4 to 239.1 gwei, with 33.9 gwei average
Zero net issuance currently at 21.8 gwei
9.1k ETH net burn this week
ETHUSD: $1,912 - $2,101, currently $1,961
ETHBTC: currently 0.054 (Flippening at ~0.16)
Notable at app layer
ZKP2P: USD onramp to Base using Venmo, alpha
Fireblocks balance verification Chrome extension, uses Lodestar light client, experimental
Gitcoin Grants matching updated, Passport score of 15 gives 50% match, 25+ gives full match
Job Listings
Enya Labs: Lead Security Engineer, Sr. Fullstack Dev (with Go exp), BizDev
Aragon: Senior smart contract developer w EIP, auditing experience
Nethermind: Smart Contract Auditor, Lead Software Engineer & BizDev
Gnosis seek DevRels, Senior Web Devs (Wallet) & Backend Devs
Senior Operations Security Expert wanted by EF
Job listings: $600 for four issues (75 character limit). Pay using 3cities. Questions? abcoathup at-gmail
Regulation/business/tokens
Coinbase-funded challenge to OFAC's Tornado Cash action taken to 5th Circuit
International Organization of Securities Commissions recommendations for crypto regulation
Singapore grants in-principle approval for StraitsX SGD & USD and Paxos USD stablecoins
Mutant Ape Planet NFT creator pled guilty for conspiring to commit wire fraud in rug pull
General
Randstorm: BitcoinJS vulnerability, vulnerable wallets found from 2011-2015
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-november-18-2023
Upcoming Dates of Note
(new/changes in bold)
Nov 29 – Gitcoin Grants 19 ends (support Week in Ethereum News)
Nov 30 – Road to Devcon grants deadline (max $1k for local meetups)
Dec 4 – ETHVenice
Dec 6-7 – Columbia CryptoEconomics workshop (New York)
Dec 7 – Optimism’s RetroPGF 3 voting ends (support Week in Ethereum News)
Jan 15 – EF’s Next Billion fellowship cohort 4 deadline
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