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

2023-06-05, 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=050Jq9lO838&t=242s "call video"). Notes from [Christine Kim](https://www.galaxy.com/research/insights/ethereum-all-core-developers-consensus-call-110/ "Christine Kim"):

Discussions on bounding EIP4788 (beacon root in EVM), implementation complexity of EIP6988 (prevent slashed validator being elected block proposer) and Engine API versioning

Dankrad tested big blocks on mainnet to size safe blobs per block, recommends increasing blobs per block target to 3 with a maximum of 6, up from 2 & 4 respectively

EIP4844:

Latest EIP4844 implementer [call video](https://www.youtube.com/watch?v=lZiotV3nNIU&t=4s "call video"). Notes from [Terence](https://twitter.com/terencechain/status/1663232693566586880 "Terence"): Engine API versioning, add data_gas_used to execution header and devnet 6 scope

Terence: [validator & builder interaction with blob transactions](https://hackmd.io/zRO9lv-hS1-RX6yvbLK9oA?view "validator & builder interaction with blob transactions") in Dencun

[KZG ceremony](https://ceremony.ethereum.org/ "KZG ceremony") hit [100k contributions](https://twitter.com/CarlBeek/status/1662456925374521344 "100k contributions"), available to anyone with 16 mainnet transactions

Consensus-specs [v1.4.0-alpha.1](https://github.com/ethereum/consensus-specs/releases/tag/v1.4.0-alpha.1 "v1.4.0-alpha.1"): adds data_gas_used and changes excess_data_gas & data_gas_used type from uint256 to uint64
### Layer 1
EthStaker: [node operators should use minority execution clients](https://paragraph.xyz/ethstaker/execution-client-diversity "node operators should use minority execution clients") (not Geth)

Guide to [beacon chain networking components](https://hackmd.io/dmarz/ethereum_overlays "beacon chain networking components"): p2p overlays & GossipSub

[Intents in account abstraction](https://www.paradigm.xyz/2023/06/intents "Intents in account abstraction"), they are great but come with risks of block production centralization, trust-based barriers to entry and lack of transparency

[Ethereum halving proposal](https://twitter.com/phabcd/status/1664629884101046273 "Ethereum halving proposal"): reduce staking requirement from 32 ETH to 1 ETH over 8 years, thanks to hardware & client improvements
### Client releases
Execution layer:

Besu [v23.4.1](https://github.com/hyperledger/besu/releases/tag/23.4.1 "v23.4.1"): experimental transaction pool for more profitable local block production

Erigon [v2.44.0](https://github.com/ledgerwatch/erigon/releases/tag/v2.44.0 "v2.44.0"): Caplin (embedded CL) improvements, added new Sepolia testnet bootnodes

Nethermind [v1.19.0](https://github.com/NethermindEth/nethermind/releases/tag/1.19.0 "v1.19.0"): faster sync and reduced database size (fresh sync required for full benefits of disk space optimization)
### For Stakers
[Validator queue dashboard](https://www.validatorqueue.com/ "Validator queue dashboard") with historical charts
### Research
Longitudinal study of [block construction market](https://arxiv.org/abs/2305.16468 "block construction market"): measures MEV-Boost & money flows and introduces a MEV-time law
### Layer 2
[RFP](https://github.com/ethereum-optimism/ecosystem-contributions/issues/61 "RFP") to build zk validity prover for OP Stack

[Kinto](https://mirror.xyz/0xc1f4D15C16A1f3555E0a5F7AeFD1e17AD4aaf40B/jUsuqznqrfUCpmWod5PiiKGm4S8eTl7dnO1B4CaD21Y "Kinto") (optimistic rollup, KYC users only) live on testnet

Norswap: [rollup definition debate is noise](https://twitter.com/norswap/status/1664462934360092674 "rollup definition debate is noise"), focus on the specific security assumptions

<a href="/id/price/polygon-matic" target="_blank" class="blog_inner_link">Polygon</a> zkEVM [vulnerability disclosed](https://twitter.com/0xiczc/status/1662090451493740545 "vulnerability disclosed"), could DoS sequencer & prover
### EIPs/Standards
ERCs:

[ERC7085](https://github.com/ethereum/EIPs/pull/7085/files "ERC7085"): NFT relationship enhancement

[ERC7087](https://github.com/ethereum/EIPs/pull/7087/files "ERC7087"): MIME type for web3 URL in auto mode

[ERC7092](https://github.com/ethereum/EIPs/pull/7092/files "ERC7092"): Financial bonds

[ERC7093](https://github.com/ethereum/EIPs/pull/7093/files "ERC7093"): Social recovery interface

[ERC7099](https://github.com/ethereum/EIPs/pull/7099/files "ERC7099"): Offchain checks (for low cost ERC20 distribution)

[ERC7108](https://github.com/ethereum/EIPs/pull/7108/files "ERC7108"): Clustered ERC721

[ERC7110](https://github.com/ethereum/EIPs/pull/7115/files "ERC7110"): NFT dynamic ownership

[ERC7121](https://github.com/ethereum/EIPs/pull/7121/files "ERC7121"): SoulBounds Interface (soulbound assets ERC1155 extension)
### Stuff for developers
[Rinkeby testnet](https://twitter.com/peter_szilagyi/status/1664298102277251075 "Rinkeby testnet") was shutdown

Foundry:

[Iron wallet](https://mirror.xyz/iron-wallet.eth/OnCNvwKBs6ZpJrOVQQqsqHFW1RkqEK7MAsbPSIQNRFo "Iron wallet"): dev focused browser extension wallet, Anvil aware

Tip: [print colorful logs](https://twitter.com/paulrberg/status/1663498994503368704 "print colorful logs") using console2 & StdStyle

Tip: [fuzz private keys](https://twitter.com/paulrberg/status/1664207399744421890 "fuzz private keys") using boundPrivateKey

[Zipped contracts](https://github.com/merklejerk/zipped-contracts#readme "Zipped contracts"): low cost deployment for contracts called offchain, self-extracts when called

[Pack structs manually](https://twitter.com/real_philogy/status/1663882285811212290 "Pack structs manually") for ~200-300 gas saving per struct change

[N-per-epoch](https://github.com/rsproule/n-per-epoch#readme "N-per-epoch"): modifier to rate limit a contract function call by humans

[Cookbook VS Code extension](https://twitter.com/cookbook_dev/status/1663562176697864192 "Cookbook VS Code extension"): find contracts from Cookbook registry

Ape [v0.6.10](https://twitter.com/ApeFramework/status/1664058070128033793 "v0.6.10"): event log comparison, historical log optimization, account option flag for test accounts

[EVM CFG](https://github.com/plotchy/evm-cfg#readme "EVM CFG"): control <a href="/id/price/flow-flow" target="_blank" class="blog_inner_link">Flow</a> graph generator for unverified contracts using symbolic stack analysis

Hardhat-ethers [v3](https://github.com/NomicFoundation/hardhat/releases/tag/%40nomicfoundation%2Fhardhat-ethers%403.0.0 "v3"): Ethers.js v6 support

Ethers-rs [v2.0.6](https://github.com/gakonst/ethers-rs/releases/tag/ethers-v2.0.6 "v2.0.6"): support <a href="/id/price/optimism-op" target="_blank" class="blog_inner_link">Optimism</a> deposited transactions

[GuardianTest](https://github.com/GuardianUI/GuardianTest/#readme "GuardianTest"): end to end testing, uses Playwright, injects a wallet connected to Anvil network fork

[Armchair](https://github.com/m1guelpf/armchair#readme "Armchair") (app starter kit): Next.js app router & server actions, Sign in with <a href="/id/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a>

CTFs:

Curta CTF [Labyrinth solution](https://twitter.com/0xkaden/status/1664026474813489153 "Labyrinth solution")

Secureum RACE #18: {1685930212294490}

[GPT-4 plays Ethernaut](https://blog.openzeppelin.com/chatgpt-4-vs-ethernaut-using-ai-to-hack-solidity-smart-contracts "GPT-4 plays Ethernaut"): 19/23 for older levels in the training data, 1/5 for new levels
### Security
Jimbo v2 (semi-stablecoin) [$7.5 million exploit](https://rekt.news/jimbo-rekt/ "$7.5 million exploit") on Arbitrum via lack of slippage control

El Dorado Exchange (EDE) [$680k exploit](https://lunaray.medium.com/analysis-of-the-ede-finance-attack-event-8edb5d5cfc50 "$680k exploit") on Arbitrum via oracle manipulation

unshETH [$375k taken](https://twitter.com/unshethintern/status/1664386251162783745 "$375k taken") after deployer private key shared on GitHub

[Open Standard Web3 Attack Reference](https://oswar.org/ "Open Standard Web3 Attack Reference") (OSWAR): framework to identify, categorize & mitigate attacks & vulnerabilities
### Ecosystem
[Lido is over 36% of staked ETH](https://www.reddit.com/r/ethfinance/comments/13wcu4w/comment/jmbhv0z/ "Lido is over 36% of staked ETH")

Reminder: [don’t allocate capital to LSDs exceeding 25% of staked ETH](https://github.com/djrtwo/writing/blob/main/docs/2022-05-30_the-risks-of-lsd.md "don’t allocate capital to LSDs exceeding 25% of staked ETH")

Ethereum Protocol Fellowship [cohort four applications](https://blog.ethereum.org/2023/06/01/ethereum-protocol-fellowship-fourth-apps-open "cohort four applications") are open

[Etherscan adds advanced filters](https://twitter.com/etherscan/status/1664589458652667906 "Etherscan adds advanced filters") for transaction searches, beta

ETHDublin [hackathon projects](https://twitter.com/EthIreland/status/1663860034487349250 "hackathon projects")
### Notable at app layer
[Circle launching native USDC on Arbitrum](https://arbitrumfoundation.medium.com/usdc-to-come-natively-to-arbitrum-f751a30e3d83 "Circle launching native USDC on Arbitrum") on June 8, bridged token renamed to USDC.e

Curve [Tricrypto-ng](https://twitter.com/CurveFinance/status/1663673455215013893 "Tricrypto-ng") (next generation of pools) deployed, swap gas costs halved
## Job Listings
Devconnect Istanbul: [Production Assistant](https://jobs.lever.co/ethereumfoundation/db6e2775-39d3-4eb9-9313-dfb15dfab9bc "Production Assistant") and [Volunteer Coordinator](https://jobs.lever.co/ethereumfoundation/401e0af5-f4a2-4e66-a724-4accb003113e "Volunteer Coordinator")

[Protocol Engineer](https://github.com/tvl-labs/job-board/blob/main/engineering/protocol_engineer.md "Protocol Engineer") (DeFi) sought by [Tunnel Vision Labs](https://tunnelvisionlabs.xyz/ "Tunnel Vision Labs")

Solidity team need a highly skilled [Developer Advocate](https://jobs.lever.co/ethereumfoundation/b9e33c9e-48ee-464f-a672-d51eece2b99d "Developer Advocate")
### Regulation/business/tokens
[US SEC settled with former Coinbase staffer](https://www.sec.gov/news/press-release/2023-98 "US SEC settled with former Coinbase staffer") on insider trading charges to [avoid having to prove that any of the tokens were securities](https://twitter.com/RSSH273/status/1663582576983040000 "avoid having to prove that any of the tokens were securities")
### General/crypto
[Blockchain censorship](https://arxiv.org/abs/2305.18545 "Blockchain censorship"): effect of OFAC sanctions on Ethereum & <a href="/id/price/bitcoin-btc" target="_blank" class="blog_inner_link">Bitcoin</a>

[iMessage](https://securelist.com/operation-triangulation/109842/ "iMessage") zero-click exploit
## Upcoming Dates of Note
(new/changes in **bold**)
Jun 9-11 – [ETHPrague](https://ethprague.com/ "ETHPrague") conference & hackathon
**Jun 16 – [Ethereum Protocol Fellowship cohort four](https://blog.ethereum.org/2023/06/01/ethereum-protocol-fellowship-fourth-apps-open "Ethereum Protocol Fellowship cohort four") application deadline**
Jun 22–25 – [ETHGlobal Waterloo](https://ethglobal.com/events/waterloo2023 "ETHGlobal Waterloo") (changed from Toronto)
Jul 5-9 – [ETHBarcelona](https://ethbarcelona.com/ "ETHBarcelona") conference & hackathon
Jul 17-20 – [EthCC](https://ethcc.io/ "EthCC") (Paris)
Jul 21–23 – [ETHGlobal Paris](https://ethglobal.com/events/paris2023 "ETHGlobal Paris")
Aug 15-16 – [ETHToronto](https://www.ethtoronto.ca/ "ETHToronto") & [ETHWomen](https://www.ethwomen.com/ "ETHWomen")
Aug 16-19 – [Ethereum Argentina](https://twitter.com/EtherArgentina/status/1625857633260552200 "Ethereum Argentina") (Buenos Aires)
Aug 28-30 – [Science of Blockchain Conference](https://cbr.stanford.edu/sbc23/ "Science of Blockchain Conference") (Stanford University)
Aug 30 - Sep 3 – [ETHWarsaw](https://www.ethwarsaw.dev/ "ETHWarsaw") conference & hackathon
Sep 1-3 – [Ethcon Korea](https://ethcon.kr/ "Ethcon Korea") hackathon
Sep 10-12 – [Ethereum Singapore](https://www.ethereumsingapore.com/ "Ethereum Singapore") hackathon & conference
Sep 11-13 – [DappCon](https://www.dappcon.io/ "DappCon") (Berlin)
Sep 15 – [Protocol Berg](https://protocol.berlin/ "Protocol Berg") (Berlin)
Sep 18-21 – [ETH Montréal](https://ethmontreal.xyz/ "ETH Montréal") hackathon & conference
Sep 22–24 – [ETHGlobal New York](https://ethglobal.com/events/newyork2023 "ETHGlobal New York")
Oct 5-6 – [ETHMilan](https://www.ethmilan.xyz/ "ETHMilan") conference
Oct 6-8 – [ETHRome](https://ethrome.org/ "ETHRome") hackathon
Oct 6–27 – [ETHOnline](https://ethglobal.com/events/ethonline2023 "ETHOnline") (ETHGlobal) virtual
Oct 27–29 – [ETH Miami](https://ethmiami.net/ "ETH Miami") festival + hackathon
Oct 28–30 – [ETH Lisbon](https://www.ethlisbon.org/ "ETH Lisbon") hackathon
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 17-19 - [ETHIstanbul](https://ethglobal.com/events/istanbul "ETHIstanbul") (EthGlobal)

<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.
</div>

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