Week in Ethereum News, October 30, 2021 - thanks to Kwenta & Synthetix for making this issue possible!
Eth News and Links
Mainnet execution layer
Latest core devs call video. Notes from Tim Beiko:
client teams reworking Amphora prototypes into their core codebase
Discussion of small tweaks to EIP1559 for PoS (EIP4396)
Ethereum statelessness roadmap discussion
Bayesian network modeling of Stateless Ethereum
UPDATE GETH: security advisory for versions prior to v1.10.9, DoS vuln via maliciously crafted p2p message
Erigon v2021.10.05, upgrade immediately if using v2021.10.04, txpool v2 now default, better dev mode
Erigon to transition out of alpha to beta with next release
Nethermind v1.11.6, better tracing, importing networking protocol fixes for eth/66
Tim Beiko’s Core Devs Update. Explains reasoning for delaying the difficulty bomb and a high-level explanation of the architecture to switch off PoW
EIPs/Standards
EIP4396: Time-Aware Base Fee Calculation
Proof of Stake consensus layer
Beacon chain upgraded to Altair: no issues and high participation
Proposal to change fork choice rule to mitigate balancing and reorging attacks
Validator priority fees (post PoW switch off) can be sent to any address
Consensus spec in Rust, work in progress
Paper on formalizing the beacon chain in Dafny [PDF]
Layer2
Phonon: first hardware-enforced private off chain memecoin transaction
StarkNet proof test transaction on mainnet
Hubble (optimistic rollup) explainer, being used by Worldcoin
Optimism EVM equivalence (and they hired Proto!)
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Stuff for developers
Nomic Labs (HardHat) building Rethnet (local EVM devnet written in Rust) and Slang (Solidity compiler aimed at devtools)
Remix IDE v0.19.0
solmate v5.0.0 (Solidity contracts): SSTORE2, CREATE3, fixed point math library, flexible authorization and ERC20 permit replay protection
Studio 721: configure, deploy and verify ERC721 NFT extending from OpenZeppelin Contracts, use at own risk and test on Rinkeby
New Typechain releases: exported Solidity structs, better error handling
hardhat-shorthand: global npm package called hh that runs locally installed Hardhat with support for shell auto completion of tasks
Etherscan adds Solidity custom error messages
ethers.js supports getting ENS avatar from provider in single call
Guide to NFT trait reveal using Pinata
honestnft-shenanigans (Python): NFT rarity tools, metadata download, rarity rank, rarity map, pull minting data and generate ks-test scores
Guide to TrueBlocks chifra to query contract values from the command line and build a history of the entire address/token
trueblocks-plotter: plot historical data over a given timeframe using simple config file
STARKs tutorial with supporting Python code
zk-NFT: allows users to prove, without revealing, ownership and metadata characteristics using zkSNARKs
samczsun’s Pinball CTF on Rinkeby, solution using symbolic execution
Security
CREAM v1 lending markets exploited, ~$130 million removed, not suitable for volatile price tokens such as yUSD Yearn Vault
Aave to disable borrowing of xSushi/DPI due to concern over the same bug, though safe under current conditions
Aztec $50k bug bounty for double-spend vulnerability, emulating non-native field operations
Ondo Finance transposition bug, ETH was incorrectly swapped for CVX and YGG, no customer funds lost
Ecosystem
Data visualization of EIP1559 Eth burning over time showing this week’s negative Eth issuance
0xPARC: Program for Applied Research in Cryptography, a two year mandate to make zk dapps and zk tooling happen
Devcon Bogota in Q3 2022, hints at early 2022 event
Enterprise
Adobe Content Credentials displayed by NFT marketplaces to prove creator of the work
McDonald’s USA giving away 10 NFTs for 40th anniversary of McRib
The Economist’s crypto cover sold as an NFT for 99.9ETH
Disney Golden Moments NFT collection on VeVe (Immutable X)
Bank of Israel trialed Ethereum for CDBC
Application layer
Uniswap passes $500 billion trading volume since launch, $2 billion trading volume on Arbitrum and Optimism
Yield Protocol v2 beta live on mainnet
Simon de la Rouviere: Decentralized Autonomous Artists
Moonshot zk applications: MMO strategy games, secret data marketplaces, onchain Minecraft, machine learning oracles, trading card games and message boards
NFT of 1 months lease on Manhattan apartment
CryptoPunk bought by owner with flash loan for $500 million, owner then repaid the loan
Job Listings
Nomic Labs hiring Tech Lead for Hardhat VSCode
Team Lead for the Ecosystem Support Program at the Ethereum Foundation
Solidity is hiring a C++ dev
Reach people experienced with Ethereum. $420 for two issues (~75 character limit), payable in ETH/DAI/USDC to abcoathup.eth. Questions? abcoathup at-gmail
Regulation/business/tokens
Ethereum Q3 financial results by Bankless, year on year revenue up 511%
Potential legal framework for DAOs [PDF], register as unincorporated nonprofit associations in US states that recognize this
Mirror Protocol founder suing US SEC for being served a subpoena at Mainnet
Jake Chervinsky tweet thread of FATF updated crypto AML guidance, now even more vague
DeFi treasuries: native tokens are not assets
Why DeFi summer was just the beginning, a Kain Warwick thread, open, transparent & composable protocols will capture large amount of value
General
UAParser.js JavaScript library npm account hijacked and versions published with malware and crypto miner
Google and Facebook alleged collusion in online advertising
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-october-30-2021
Dates of Note
Upcoming dates of note (new/changes in bold):
Oct 25 - Dec 13 – Gitcoin DAO Global hackathon (virtual)
Nov 1-4 – NFT.NYC
Nov 5 – PoW switch off community call
Nov 11 – Optimism upgrade
Dec ~8 – Arrow Glacier upgrade block 13,773,000
Jan 24-26 – Science of Blockchain Conference (Stanford University)
Feb 11-20 – ETHDenver
Mar 28-30 – ETHDubai
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