Week in Ethereum News -The Latest Ethereum News and Upcoming Events This Week

2023-10-23, 01:56

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## Eth News and Links
### Dencun (Cancun + Deneb) upgrade
Latest all core devs – consensus (ACDC) [call video](https://www.youtube.com/watch?v=KD07crJXN9U&t=431s "call video"). Notes from [Christine Kim](https://www.galaxy.com/insights/research/ethereum-all-core-developers-consensus-call-120/ "Christine Kim"):

Devnet 9: testing found issue with conflicting blobs, to be [clarified in the spec](https://github.com/ethereum/consensus-specs/pull/3526 "clarified in the spec")

Devnet 10: launch expected next week, waiting on KZG in clients (Go-KZG dependencies)

Consensus-specs [v1.4.0-beta.3](https://github.com/ethereum/consensus-specs/releases/tag/v1.4.0-beta.3 "v1.4.0-beta.3"): mainnet KZG config and adds blob gossip condition

Dencun interop testing [call video](https://www.youtube.com/watch?v=Pw5vl5wfqDQ&t=83s "call video")

Blob testing:

[Blobber](https://github.com/marioevz/blobber#readme "Blobber"): proxy between beacon & validator clients to modify blobs

Nethermind [send blobs](https://github.com/NethermindEth/nethermind/tree/master/tools/SendBlobs#readme "send blobs"): tool to send valid/invalid blobs

KZG Ceremony: [verify tran_script_](https://hackmd.io/w7kvxwIhTlShzutKRKmRfA "verify tran_script_") & [buy a POAP](https://checkout.poap.xyz/151249 "buy a POAP") (~$0.25 for contributions that used Sign-in with <a href="/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a>, currently no POAP for GitHub contributors)
### Centralization watch: threatening the value of your ETH
**🚨 [Lido at 31.74%](https://dune.com/hildobby/eth2-staking "Lido at 31.74%") has reduced again but still far too close to [33.3% threshold](https://www.youtube.com/watch?v=Y0ddkSa1ZuI&t=1050s "33.3% threshold")**

Client diversity (via [clientdiversity.org](https://clientdiversity.org/#distribution "clientdiversity.org")):

Execution layer: Geth ~84% supermajority, could possibly cause a chain split

Consensus layer: Prysm at 45%, any client bug over 33.3% could mean loss of liveness

[Geographic diversity needed for stakers & nodes](https://nodewatch.io/ "Geographic diversity needed for stakers & nodes"), particularly outside of US/Can/EU
### For Stakers
Validator [entry & exit queues reached zero](https://twitter.com/Wenmerge2022/status/1713441979655454928 "entry & exit queues reached zero")

[Lighthouse trialing QUIC support](https://lighthouse-blog.sigmaprime.io/Quic.html "Lighthouse trialing QUIC support") for improved throughput & latency
### Client releases
Consensus layer:
Lighthouse [v4.5.444-exp](https://github.com/sigp/lighthouse/releases/tag/v4.5.444-exp "v4.5.444-exp"): experimental tree-states to improve disk usage & state management, not recommended for mainnet, supports Deneb on devnets

Nimbus [v23.10.0](https://github.com/status-im/nimbus-eth2/releases/tag/v23.10.0 "v23.10.0"): performance improvements (mostly for large validator networks e.g. Holešky testnet)

Prysm [v4.1.0](https://github.com/prysmaticlabs/prysm/releases/tag/v4.1.0 "v4.1.0"): Deneb foundations, reduced memory via multi-value slices, EIP4881 (deposit tree) for improved block processing, BLST v0.3.11 for improved portable build performance and multiarch containers preview

Execution layer:
Geth [v1.13.4](https://github.com/ethereum/go-ethereum/releases/tag/v1.13.4 "v1.13.4"): hotfix lowers warning log triggered by Erigon
### Research
Terence: [forward inclusion-list](https://ethresear.ch/t/specing-out-forward-inclusion-list-w-dedicated-gas-limits/17115 "forward inclusion-list") with dedicated gas limits

[MEV-Burn](https://ethresear.ch/t/in-a-post-mev-burn-world-some-simulations-and-stats/17092 "MEV-Burn") simulated stats

[Total-Order Broadcast protocol](https://arxiv.org/abs/2310.11331 "Total-Order Broadcast protocol") with single vote decisions in the Sleepy Model
### Layer 2
[Scroll](https://scroll.io/blog/founderLetter "Scroll") (zk rollup) mainnet live 
### EIPs/Standards
EIPs

Meta [EIP7539](https://github.com/ethereum/EIPs/pull/7875/files "EIP7539"): ERC extensions (naming conventions, metadata & procedures)

[EIP7541](https://github.com/ethereum/EIPs/pull/7880/files "EIP7541"): Apply coinbase rewards at the end of block

ERCs (application layer):

[ERC7536](https://github.com/ethereum/EIPs/pull/7853/files "ERC7536"): Multi-edition NFT distribution

[ERC7537](https://github.com/ethereum/EIPs/pull/7855/files "ERC7537"): Soulbound tokens

[ERC7538](https://github.com/ethereum/EIPs/pull/7873/files "ERC7538"): Multiplicative tokens

[ERC7540](https://github.com/ethereum/EIPs/pull/7876/files "ERC7540"): Asynchronous ERC4626 tokenized vaults
### Stuff for developers
Reminder: [Goerli testnet](https://github.com/eth-clients/goerli#readme "Goerli testnet") is deprecated, [Base](https://base.mirror.xyz/kkz1-KFdUwl0n23PdyBRtnFewvO48_m-fZNzPMJehM4 "Base") & [Arbitrum](https://twitter.com/arbitrumdevs/status/1714713920072557032 "Arbitrum") are migrating testnets to Sepolia

Remix [Cookbook plugin](https://twitter.com/cookbook_dev/status/1714734999373803969 "Cookbook plugin") updated, one click code import

[P256Verifier Vyper](https://github.com/pcaversaccio/p256-verifier-vyper#readme "P256Verifier Vyper"): contract for P256 signature verification rewritten in Vyper

Slither [v0.10.0](https://github.com/crytic/slither/releases/tag/0.10.0 "v0.10.0"): adds Vyper support, new detectors (incorrect-return, return-leave, incorrect-exp, tautological-compare & return-bomb), new printers (ck, halstead & martin) and improved Foundry support

[Guide to multicall in dapps](https://coinsbench.com/optimizing-smart-contract-interactions-a-guide-to-multi-call-integration-in-web3-front-end-dapp-936331156b57 "Guide to multicall in dapps") using wagmi

noble-ciphers [v0.4](https://github.com/paulmillr/noble-ciphers/releases/tag/0.4.0 "v0.4"): AES in pure Java_script_, useful for platforms such as React Native

Personae [Sapir](https://github.com/personaelabs/sapir/tree/main#readme "Sapir"): client-side zk proving library, experimental, based on Spartan
### Security
HopeLend protocol [528 ETH exploit](https://twitter.com/blocksecteam/status/1714701696189034664 "528 ETH exploit") via precision loss, attack was frontrun with [assets later returned](https://twitter.com/Hope_money_/status/1715329752205312043 "assets later returned")
### Ecosystem
Hackathons:

[Ethereum Kuala Lumpur](https://twitter.com/ETHKL1/status/1714237204942430613 "Ethereum Kuala Lumpur") finalists

[Huffathon](https://twitter.com/huff_language/status/1713961581212807369 "Huffathon") winners
### Enterprise
[Reddit community points](https://www.reddit.com/r/CryptoCurrency/comments/17a33ql/serious_sunsetting_community_points_beta_and/ "Reddit community points") being sunset, due to scalability & regulatory environment

[Ferrari accepting ETH & USDC payments](https://www.reuters.com/business/autos-transportation/ferrari-accept-crypto-payment-its-cars-us-2023-10-14/ "Ferrari accepting ETH & USDC payments") for cars in US
### Onchain stats
Gas fees (via [ultrasound.money](https://ultrasound.money/#gas "ultrasound.money")): 4.0 to 123.6 gwei, with 9.1 gwei average

Zero net issuance currently at 21.5 gwei

9.4k ETH net issuance this week

[ETHUSD](https://www.coingecko.com/en/coins/ethereum "ETHUSD"): $1,546 - $1,627, currently $1,605

[ETHBTC](https://ratiogang.com/ "ETHBTC"): currently 0.054 (Flippening at ~0.16)
### Notable at app layer
PoolTogether [v5](https://pooltogether.mirror.xyz/CBvKNusRaaLJUSFH9ZQHureadrOF7eE7r6QsgqP2Oc8 "v5") live on <a href="/price/optimism-op" target="_blank" class="blog_inner_link">Optimism</a>, permissionless, enter via deposit in app or swap, prizes automatically sent

Kain: [Synthetix experiments](https://mirror.xyz/kain.eth/lVhI3TWwpzPHSsFwUvcRFTz_8IBhdrOYC0ojtkvLbNY "Synthetix experiments"), deploy to Base, Optimism & Arbitrum with non-SNX collateral, deploy an optimized version of perps to mainnet and create a SNX chain using OP Stack

Yearn [veYFI](https://twitter.com/yearnfi/status/1714971027980087603 "veYFI"): ve-style tokenomics

Rysk finance [atomic credit spreads](https://medium.rysk.finance/announcing-atomic-credit-spreads-ff2cca5c1472 "atomic credit spreads"); [[Starbloom](https://twitter.com/starbloomvent "Starbloom") portfolio]

[Uniswap Labs adds 0.15% fee](https://twitter.com/haydenzadams/status/1713987105666265113 "Uniswap Labs adds 0.15% fee") for major token swaps via their UI, no fee for using protocol
## Job Listings
<a href="/price/gnosis-gno" target="_blank" class="blog_inner_link">Gnosis</a> seek a [VP Technology](https://gnosis.jobs.personio.com/job/1267892?_pc=1517287 "VP Technology"), [Senior Web Devs (Wallet)](https://gnosis.jobs.personio.com/job/1239306?_pc=1517287&display=en "Senior Web Devs (Wallet)") & [Backend Devs](https://gnosis.jobs.personio.com/job/1284509?_pc=1517287 "Backend Devs")

EF Privacy & Scaling Explorations team seek a [Technical Project Coordinator](https://jobs.lever.co/ethereumfoundation/c826b9a1-ede0-465e-9639-f34029304374 "Technical Project Coordinator")

[Senior Operations Security Expert](https://jobs.lever.co/ethereumfoundation/10923b49-c76a-47b9-bd27-96ee71a460db "Senior Operations Security Expert") wanted by EF

eBay Web3 team seeking [Lead Solidity Engineer](https://jobs.ebayinc.com/us/en/job/R0060412/Lead-Solidity-Engineer "Lead Solidity Engineer")

<a href="/price/aave-aave" target="_blank" class="blog_inner_link">Aave</a> seek a [UX Engineer](https://jobs.eu.lever.co/aave/2ce6fc26-729f-4cbf-a8f0-070321663262?lever-origin=applied&lever-source%5B%5D=WeekinEthereumNews "UX Engineer") and a [Staff Rust Engineer](https://jobs.eu.lever.co/aave/46c3f25c-2c74-4b31-903e-bfbdfbd63d66?lever-origin=applied&lever-source%5B%5D=WeekinEthereumNews "Staff Rust Engineer")
### Regulation/business/tokens
[FinCEN propose adding mixing](https://www.fincen.gov/news/news-releases/fincen-proposes-new-regulation-enhance-transparency-convertible-virtual-currency "FinCEN propose adding mixing") to list of primary money laundering concerns

Chainalysis: [role of crypto in terrorism financing vastly overestimated](https://www.chainalysis.com/blog/cryptocurrency-terrorism-financing-accuracy-check/ "role of crypto in terrorism financing vastly overestimated")

[NY Attorney General sues Gemini, Genesis & DCG](https://ag.ny.gov/press-release/2023/attorney-general-james-sues-cryptocurrency-companies-gemini-genesis-and-dcg "NY Attorney General sues Gemini, Genesis & DCG") for allegedly defrauding investors

[California Governor](https://twitter.com/milesjennings/status/1713993525245919299 "California Governor") signed web3 licensing regime into law

European Central Bank: [digital euro](https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.pr231018~111a014ae7.en.html "digital euro") (CBDC) proceeding to 2 year preparation phase

[Australian Treasury](https://treasury.gov.au/sites/default/files/2023-10/c2023-427004-proposal-paper-final.pdf "Australian Treasury") crypto regulation consultation paper

Dozens of [ConsenSys early employees sue Joe Lubin](https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=o_PLUS_Rl1RtTIENwlGHZo2yB1g== "ConsenSys early employees sue Joe Lubin") in US over alleged fraudulent transfer of MetaMask & Infura
### General
JP Kroning: [lower estimate of Americans owning crypto](https://jpkoning.blogspot.com/2023/10/crypto-adoption-in-america.html "lower estimate of Americans owning crypto")

Help [find the hash-seeds for the NIST curves](https://hackmd.io/merkleplant/seeds-bounty "find the hash-seeds for the NIST curves") (P-192, P-224, P-256, P-384 & P-521)

## Upcoming Dates of Note
(new/changes in **bold**)
Oct 23 – Optimism’s [RetroPGF Round 3 application](https://app.optimism.io/retropgf-signup "RetroPGF Round 3 application") deadline
Oct 22-24 – [ETH Hong Kong](https://www.ethhongkong.co/ "ETH Hong Kong")
Oct 27–29 – [ETH Miami](https://ethmiami.net/ "ETH Miami") festival + hackathon
Oct 27-29 – [ETH Vietnam](https://www.eth-vietnam.com/ "ETH Vietnam")
Oct 27-29 – [ETH London](https://www.encode.club/eth-london "ETH London") hackathon
Oct 28–30 – [ETH Lisbon](https://www.ethlisbon.org/ "ETH Lisbon") hackathon
Oct 31 – [Road to Devcon grants](https://blog.ethereum.org/2023/06/29/road-to-devcon7-grants "Road to Devcon grants") application deadline
Nov 3-5 –[ ETH Lisbon](https://www.ethlisbon.org/ " ETH Lisbon") hackathon
Nov 13-19 – [Devconnect](https://blog.ethereum.org/2023/04/20/announcing-devconnect-ist "Devconnect") (Istanbul)
**Nov 15-29 – [Gitcoin Grants 19](https://twitter.com/gitcoin/status/1715026016924737800 "Gitcoin Grants 19")**
Nov 16-19 – [Pragma](https://ethglobal.com/events/pragma-istanbul "Pragma") & ETHGlobal Istanbul
Nov 18 – [Ethereum Costa Rica](https://www.meetup.com/ethereumcr/events/295894129/ "Ethereum Costa Rica")
Dec 4-5 – [ETHVenice](https://ethvenice.com/ "ETHVenice")
**Dec 6-7 – [Columbia CryptoEconomics workshop](http://columbiacryptoeconomics.org/ "Columbia CryptoEconomics workshop") (New York)**
Dec 8-10 – ETHGlobal [ETHIndia](https://ethindia.co/ "ETHIndia") (Bangalore)

<div class="blog-details-info">
<div>Disclaimer
<div>Author: Andrew B Coathup and Evan Van Ness, WeekiNethereum.substack Team
<div>Editor: Gate.io Blog Team
<div class="info-tips">\*This article represents only the views of the author and does not constitute any investment suggestions.
<div>\*Copyright is reserved by WeekiNethereum.substack Team. Please contact us to remove any infringement.
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