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

2023-06-12, 01:39

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## Eth News and Links
### Dencun (Cancun + Deneb) upgrade
Latest all core devs – execution (ACDE) [call video](https://www.youtube.com/watch?v=LqaR-kdnOoU&t=195s "call video"). [Summary](https://twitter.com/abcoathup/status/1666931922436771842 "Summary") & [notes](https://twitter.com/TimBeiko/status/1666905821723373568 "notes") from Tim Beiko:

Cancun upgrade scope finalized: adds bounded EIP4788 (beacon root in EVM) & tentatively EIP5656 (MCOPY) if implementation/testing not a bottleneck

Cancun will not include EIP2537 (BLS), EIP5920 (PAY) & EIP7069 (revamped CALL instructions)

EIP4844 blobs per block set to 3 & 6 (target & limit) for devnets, may change for mainnet

Devnet 6 for EIP4844 to be launched next week

[Holešky testnet](https://github.com/ethereum/pm/issues/803 "Holešky testnet") (Goerli successor) first launch coordination call June 15, targeting September genesis (potentially too late for Dencun testing)

Consensus-specs [v1.4.0-alpha.2](https://github.com/ethereum/consensus-specs/releases/tag/v1.4.0-alpha.2 "v1.4.0-alpha.2"): increases MAX_BLOBS_PER_BLOCK to 6 for EIP4844
### Layer 1
[Flood](https://github.com/paradigmxyz/flood/#readme "Flood"): benchmarking RPC endpoints for the EVM

Terence: [reducing Prysm validator's slot 0 propose time](https://hackmd.io/lWq6jEVhThy72CnAkpTvig "reducing Prysm validator's slot 0 propose time") by precomputing the shuffling
### Client releases
Execution layer:

Erigon [v2.45.0](https://github.com/ledgerwatch/erigon/releases/tag/v2.45.0 "v2.45.0"): Caplin (embedded CL) bug fixes & DB layout changed for block bodies

Nethermind [v1.19.2](https://github.com/NethermindEth/nethermind/releases/tag/1.19.2 "v1.19.2"): support for upcoming Teku v23.6
### For Stakers
[EL sync driver](https://github.com/tbenr/el-sync-driver#readme "EL sync driver"): sync a new EL client using an existing CL client, no CL config changes required
### Research
Proposal to [increase MAX_EFFECTIVE_BALANCE](https://ethresear.ch/t/increase-the-max-effective-balance-a-modest-proposal/15801 "increase MAX_EFFECTIVE_BALANCE"), allows validator consolidation to lighten networking load

[Verkle Tree proof generation & verification](https://hackmd.io/jsign/vkt-proofs-implementation-notes "Verkle Tree proof generation & verification") implementation optimization notes
### Layer 2
<a href="/price/optimism-op" target="_blank" class="blog_inner_link">Optimism</a> [Bedrock upgrade](https://twitter.com/optimismFND/status/1666850591669202965 "Bedrock upgrade") live, gas fees over 40% lower via data compression and [ETH native representation](https://twitter.com/maurelian_/status/1667205092959830016 "ETH native representation")

Arbitrum [batch-poster bug](https://twitter.com/ArbitrumDevs/status/1666549893001887744 "batch-poster bug") caused a temporary pause in posting transactions onchain, no loss of service from a user perspective

Arbitrum [time boost transaction ordering](https://arxiv.org/abs/2306.02179 "time boost transaction ordering") economic analysis
### EIPs/Standards
ERCs:

[ERC7144](https://github.com/ethereum/EIPs/pull/7144/files "ERC7144"): ERC20 with transaction validation step

[ERC7160](https://github.com/ethereum/EIPs/pull/7160/files "ERC7160"): ERC721 multi-metadata extension
### Stuff for developers
Web3 interface libraries:

web3.js [v4](https://blog.chainsafe.io/announcing-the-full-release-of-web3-js-v4-e9e26275a3dc "v4"): rewritten in Type_script_, reduced build size, modular & extensible via plugins

viem [v1](https://twitter.com/wagmi_sh/status/1666189876910501888 "v1"): includes opt-in batch JSON-RPC

[evm.storage](https://evm.storage/ "evm.storage"): view storage & state for verified contracts at a specific block, alpha version

OpenZeppelin Contracts [v4.9.1](https://github.com/OpenZeppelin/openzeppelin-contracts/releases/tag/v4.9.1 "v4.9.1"): fixes DoS vulnerability in Governor & GovernorCompatibilityBravo where proposal creation could be blocked by frontrunning

Foundry:

Patrick Collins: [Solidity development course - Foundry edition](https://github.com/Cyfrin/foundry-full-course-f23#readme "Solidity development course - Foundry edition"), 27 hours of video

Tip: [invoke commands with custom profiles](https://twitter.com/drakeevansv1/status/1666468515795140611 "invoke commands with custom profiles")

NatSpec [best practices](https://twitter.com/spearbitdao/status/1665800702122250241 "best practices")

abi-to-sol [v0.8.0](https://github.com/gnidan/abi-to-sol/releases/tag/v0.8.0 "v0.8.0"): adds user-defined value types support

[Titanoboa](https://twitter.com/big_tech_sux/status/1664856295474712579 "Titanoboa") (Vyper interpreter) adds node interaction allowing deployment

snekmate [v0.0.2](https://github.com/pcaversaccio/snekmate/releases/tag/v0.0.2 "v0.0.2") (Vyper contracts): adds wad_ln & wad_exp and EIP5267 support

[EVM diff](https://github.com/mds1/evm-diff#readme "EVM diff"): diff execution-level specs of EVM-compatible chains

Tenderly [precise gas estimates](https://blog.tenderly.co/how-tenderly-enables-most-accurate-ethereum-gas-estimation/ "precise gas estimates") in a single run

[Noble cryptography updated](https://twitter.com/paulmillr/status/1664984693790457858 "Noble cryptography updated"): npm provenance used for transparent builds and ed25519 & ed448 provide non-repudiation

[Merklefy](https://github.com/martriay/merklefy#readme "Merklefy"): web app to generate merkle trees from a csv

[Create first zk contract](https://betterprogramming.pub/how-to-create-a-zk-smart-contract-cd948a673749 "Create first zk contract") using Circom & Hardhat
### Ecosystem
EF [run a node grants](https://esp.ethereum.foundation/run-a-node-grants "run a node grants") to encourage diversification, receive a Dappnode or a grant for hardware

[Vitalik](https://vitalik.eth.limo/general/2023/06/09/three_transitions.html "Vitalik"): transitions to rollups, contract wallets and privacy

ETH Seoul hackathon [winners](https://ethseoul2023.devfolio.co/projects?show_winners=true "winners")

ETH Belgrade hackathon [winners](https://twitter.com/ethbelgrade/status/1667099119351914497 "winners") & [list of projects](https://taikai.network/ethbelgrade/hackathons/hackathon-2023/projects "list of projects")
### Enterprise
Norwegian government tests putting their [central bank issued Krone on Arbitrum](https://medium.com/blockchangers/traditional-finance-meets-blockchain-92c74f0991e9 "central bank issued Krone on Arbitrum")
### Notable at app layer
[Maker DAO deployed 500M DAI with Coinbase](https://twitter.com/MakerDAO/status/1665770361265459202 "Maker DAO deployed 500M DAI with Coinbase") for 2.6% annual rewards

[FLAIR](https://blog.uniswap.org/metric-evaluate-lp-competitiveness-amm "FLAIR") metric to measure intra-pool LP competitiveness in AMM

[Forkable stablecoin design](https://ethresear.ch/t/forkable-stablecoin/15820 "Forkable stablecoin design") to manage contentious chain forks

0xSplits [Swapper](https://0xsplits.mirror.xyz/eZ1uAL3bIOd75LGcBXQEzOYE51wTHtCjNGsAD70rocg "Swapper"): received tokens swapped into an output token, stackable e.g. create tax wallet

sudoswap [v2](https://blog.sudoswap.xyz/introducing-sudoswap-v2.html "v2") (NFT marketplace): onchain royalties, creator settings, ERC1155 support, conditional orders and fee streaming

[Usernames.club](https://launch.mirror.xyz/oyJ1CLHinWc-NqJ5QYpNGgzsbQO5M-813apMWQcZhO0 "Usernames.club"): community namespaces for username NFTs, under usr.id, via Nouns auctions

[Summa](https://github.com/summa-dev "Summa"): zk proof of solvency for CEX, beta
## Job Listings
Solidity team need a highly skilled [Developer Advocate](https://jobs.lever.co/ethereumfoundation/b9e33c9e-48ee-464f-a672-d51eece2b99d "Developer Advocate")

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")
### Regulation/business/tokens
US SEC regulation by enforcement:

[Coinbase](https://www.sec.gov/news/press-release/2023-102 "Coinbase") charged for operating as unregistered securities exchange, broker & clearing agency and offer of securities for staking program

Coinbase issued [show cause order](https://cointelegraph.com/news/coinbase-targeted-by-state-security-regulators-concurrent-to-sec-lawsuit "show cause order") from multiple state regulators for staking rewards

[Binance & CZ](https://www.sec.gov/news/press-release/2023-101 "Binance & CZ") charged with securities violations and misleading investors over Binance US controls

[CFTC won Ooki DAO case](https://twitter.com/z0r0zzz/status/1667272302294360064 "CFTC won Ooki DAO case"), members of unincorporated association may have to pay the fine

[PoolTogether federal case dismissed](https://twitter.com/lay2000lbs/status/1666532463428943875 "PoolTogether federal case dismissed") as plaintiff failed to show they suffered harm

[ConsenSys forced to hold shareholder vote](https://www.coindesk.com/consensus-magazine/2023/06/08/consensys-faces-shareholder-vote-over-controversial-transfer-of-company-assets/ "ConsenSys forced to hold shareholder vote") over intra-company transfer of MetaMask, Infura, etc
### General/crypto
Atomic wallet [$35 million stolen](https://www.bleepingcomputer.com/news/security/atomic-wallet-hacks-lead-to-over-35-million-in-crypto-stolen/ "$35 million stolen")

KeePass [v2.54](https://www.bleepingcomputer.com/news/security/keepass-v254-fixes-bug-that-leaked-cleartext-master-password/ "v2.54") fixes master password leak

[SnarkJS](https://medium.com/Beosin_com/beosin-security-researchers-discovered-snarkjs-library-vulnerability-cve-2023-33252-7e64f487c73c "SnarkJS") library vulnerability

[Hypernova implementation](https://github.com/privacy-scaling-explorations/multifolding-poc#readme "Hypernova implementation"), proof of concept

## Upcoming Dates of Note
(new/changes in **bold**)
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 20 – EF [run a node grant](https://esp.ethereum.foundation/run-a-node-grants "run a node grant") 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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