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Week in Ethereum News -The Latest Ethere...
Week in Ethereum News -The Latest Ethereum News and Upcoming Events This Week
2023-09-11, 02:00
[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.gateimg.com/image/article/1690791817Ethereumweekly.jpeg) ## Eth News and Links ### Dencun (Cancun + Deneb) upgrade Latest all core devs – consensus (ACDC) [call video](https://www.youtube.com/watch?v=zODMnGxQBG0&t=438s "call video"). Notes from [Christine Kim](https://www.galaxy.com/insights/research/ethereum-all-core-developers-consensus-call-117/ "Christine Kim"): Testing continues on devnet-8 Devnet-9 planned for Tuesday September 19 EIP4844 blobs per block: [big block analysis](https://docs.google.com/presentation/d/1glx__evliifIRyS3GnbzADd0rVPV4CFPh92INEsRdX8 "big block analysis") presented, no changes to 3/6 (target/max) yet Proposed addition to Dencun (open for community input): [max epoch churn limit](https://twitter.com/philngo_/status/1699805844748030383 "max epoch churn limit") as a short term fix to validator set size growth, discuss on ACDE whether to include in Dencun ### Centralization watch: threatening the value of your ETH **🚨 [Lido at 32.4%](https://dune.com/hildobby/eth2-staking "Lido at 32.4%") is very close to breaching risky [33% threshold](https://notes.ethereum.org/djrtwo/risks-of-lsd "33% threshold")** Client diversity (via [clientdiversity.org](https://clientdiversity.org/#distribution "clientdiversity.org")): Execution layer: Geth supermajority, could possibly cause a chain split Consensus layer: Prysm & Lighthouse over 33%, a bug could mean loss of liveness Need more [geographic diversity for both stakers and nodes](https://nodewatch.io/ "geographic diversity for both stakers and nodes"), particularly outside of US/Can/EU ### Layer 1 [Mempool dumpster](https://github.com/flashbots/mempool-dumpster#readme "Mempool dumpster"): exports transactions from EL node transaction pools in Parquet & CSV format MEV-Boost: [Strong builder identity](https://ethresear.ch/t/strong-builder-identity-for-combating-builder-imposter-attacks/16550 "Strong builder identity"): proposal to combat imposter attacks (Titan had an imposter) Prestwich: [proposers & builders could collude](https://prestwich.substack.com/p/has-anyone-checked-on-eip-1559-recently "proposers & builders could collude") on gas limit to minimize base fees [Whisk devnet](https://twitter.com/dapplion/status/1700222295719952534 "Whisk devnet"): proof of concept Single <a href="/price/secret-scrt" target="_blank" class="blog_inner_link">Secret</a> Leader Election (SSLE) on fork of Lighthouse + Geth ### For Stakers [Staking directory](https://twitter.com/stakedirectory/status/1699346477598843269 "Staking directory"): adds info for liquid staking on network share & self-limit pledges ### Client releases for Holešky testnet Consensus layer: Lighthouse [v4.4.1](https://github.com/sigp/lighthouse/releases/tag/v4.4.1 "v4.4.1") Lodestar [v1.11.1](https://github.com/ChainSafe/lodestar/releases/tag/v1.11.1 "v1.11.1") Teku [v23.9.0](https://github.com/Consensys/teku/releases/tag/23.9.0 "v23.9.0") Execution layer: Besu [v23.7.2](https://github.com/hyperledger/besu/releases/tag/23.7.2 "v23.7.2") Erigon [v2.49.0](https://github.com/ledgerwatch/erigon/releases/tag/v2.49.0 "v2.49.0") Otterscan [v2.0.0 alpha](https://github.com/otterscan/otterscan/releases/tag/v2.0.0 "v2.0.0 alpha"): adds in-node token indexers ### Research Terence’s [EIP4844+](https://hackmd.io/ttsao/ByhnIFXR2 "EIP4844+") (ideas for extending blobs after Dencun upgrade): erase code to increase target/max blobs to 6/12 and apply data availability sampling [PeerDAS](https://ethresear.ch/t/peerdas-a-simpler-das-approach-using-battle-tested-p2p-components/16541 "PeerDAS"): data availability sampling approach reusing p2p components to scale without DHT Barnabe: [inclusion list games](https://ethresear.ch/t/fun-and-games-with-inclusion-lists/16557 "inclusion list games"), builders may be incentivised to stuff blocks and proposers may try to bribe/extort each other ### Layer 2 Base [delay in block production](https://status.base.org/incidents/n3q0q4z24b7h "delay in block production") for 45 minutes Barry Whitehat’s [Plasma Free](https://ethresear.ch/t/plasma-free/16570 "Plasma Free") proposal: free transactions but if data is unavailable users need to make a forced transaction (users online assumption) ### EIPs/Standards EIPs [EIP7514](https://github.com/ethereum/EIPs/pull/7668/files "EIP7514"): Add max epoch churn limit ERCs (application layer): [ERC7507](https://github.com/ethereum/EIPs/pull/7634/files "ERC7507"): Multi-user NFT extension (ERC721 extension) [ERC7508](https://eips.ethereum.org/EIPS/eip-7508 "ERC7508"): Dynamic onchain token attributes repository [ERC7509](https://github.com/ethereum/EIPs/pull/7651/files "ERC7509"): Entity component system [ERC7510](https://github.com/ethereum/EIPs/pull/7638/files "ERC7510"): Cross-contract hierarchical NFT (ERC721 extension) [ERC7511](https://eips.ethereum.org/EIPS/eip-7511 "ERC7511"): Minimal proxy contract with PUSH0 [ERC7512](https://eips.ethereum.org/EIPS/eip-7512 "ERC7512"): Onchain representation for audits [ERC7513](https://github.com/ethereum/EIPs/pull/7656/files "ERC7513"): NFT-bound modularized contract (ERC1155 extension) ### Stuff for developers Foundry: Forge-std [v1.6.1](https://github.com/foundry-rs/forge-std/releases/tag/v1.6.1 "v1.6.1"): new cheat codes to get keys of a mapping, filesystem cheats & JSON parsing [Catapulta](https://www.reddit.com/r/ethdev/comments/16d3jma/meet_catapulta_your_automation_tool_for_foundry/ "Catapulta") (Foundry deployment automation): abstracts RPC config & Etherscan keys, free during alpha [Solpretty](https://github.com/devtooligan/solpretty#readme "Solpretty"): Solidity library for pretty printing numbers RareSkills: [gas optimization](https://www.rareskills.io/post/gas-optimization "gas optimization") guide Guide to [Vyper compilation pipeline](https://hackmd.io/pcaversaccio/how-vyper-compiles-into-bytecode "Vyper compilation pipeline") [Ape-roll](https://github.com/fp-crypto/ape-roll#readme "Ape-roll"): weiroll (operation-chaining/_script_ing language) client for Ape Framework ApeWorX [cHaOSneT](https://twitter.com/ApeFramework/status/1700221649084129644 "cHaOSneT") (beta): paid testnet service with simulated activity using bots Heimdall-rs [v0.5.3](https://github.com/Jon-Becker/heimdall-rs/releases/tag/0.5.3 "v0.5.3"): increased decoding accuracy and adds flag to help decode transactions with non-standard byte sizes [Privacy playgrounds](https://tonk.notion.site/Eternal-Privacy-Playgrounds-6cb0ebb4042b42888a15a112a7040cbe "Privacy playgrounds") (wiki): hidden information mechanics for onchain games ### Security Stake (gambling) [$41 million stolen](https://rekt.news/stake-rekt/ "$41 million stolen") from mainnet & sidechain hot wallets; [FBI blames Lazarus](https://www.fbi.gov/news/press-releases/fbi-identifies-lazarus-group-cyber-actors-as-responsible-for-theft-of-41-million-from-stakecom "FBI blames Lazarus") GMBL Computer on Arbitrum [~$1 million exploit](https://gmblcomputer.medium.com/gmbl-computer-exploit-postmortem-a09aa3297405 "~$1 million exploit") via referral system FloorDAO [40 ETH exploit](https://twitter.com/FloorDAO/status/1699078468678377679 "40 ETH exploit") via backlog of rebases ### Ecosystem Paper on [privacy pools](https://twitter.com/ameensol/status/1699424914229321966 "privacy pools") (authors include Vitalik & Ameen Soleimani): users can prove regulatory compliance without revealing their entire transaction history [ERC4337](https://mirror.xyz/erc4337official.eth/hRn_41cef8oKn44ZncN9pXvY3VID6LZOtpLlktXYtmA "ERC4337") (account abstraction) grant recipients Hackathon projects: [ETHWarsaw](https://ethwarsaw-2023.devpost.com/project-gallery "ETHWarsaw") and [Ethcon Korea](https://ethcon-korea.devfolio.co/projects "Ethcon Korea") ### Onchain stats Gas fees (via [ultrasound.money](https://ultrasound.money/#gas "ultrasound.money")): 7.8 to 88.9 gwei, with 15.7 gwei average Negative issuance currently at 20.4 gwei 3.6k ETH net issuance this week [ETHUSD](https://www.coingecko.com/en/coins/ethereum "ETHUSD"): $1615-1653, currently $1635 [ETHBTC](https://ratiogang.com/ "ETHBTC"): 0.0627-0.0636, currently 0.0631 (Flippening at ~0.16) ### Notable at app layer [USDC](https://twitter.com/circle/status/1699045142429319321 "USDC") native on <a href="/price/optimism-op" target="_blank" class="blog_inner_link">Optimism</a> & Base Kain proposes [Synthetix experiment with expansion](https://mirror.xyz/kain.eth/tAXGVKMTYM8K2gUOQq9JDQ1wyV_5Msdlrn_AtmiCGEI "Synthetix experiment with expansion"), on Base with ETH collateral [Kevin Owocki](https://twitter.com/owocki/status/1699056199445221437 "Kevin Owocki") returning to <a href="/price/gitcoin-gtc" target="_blank" class="blog_inner_link">Gitcoin</a> Nouns DAO [fork # 0](https://nouns.wtf/fork/0 "fork # 0") started (fork [explainer](https://mirror.xyz/verbsteam.eth/iN0FKOn_oYVBzlJkwPwK2mhzaeL8K2-W80u82F7fHj8 "explainer"): enables 20%+ to exit their share of the treasury together) [TryENS](https://twitter.com/mailchain_xyz/status/1699052271022363079 "TryENS"): create a temporary ENS subdomain, expires after 48 hours [Hashmarks](https://hashmarks.deafbeef.com/ "Hashmarks"): fading SVG NFTs that require refreshing using the physical sculpture [Vaults.FYI](https://www.vaults.fyi/ "Vaults.FYI"): find the best yield (with or without farming incentives) for your assets ## Job Listings [Product Manager - L2 Blockchain Effort](https://grnh.se/48614a711us "Product Manager - L2 Blockchain Effort") @ Status: [All jobs](https://grnh.se/9fc6e6fc1us "All jobs") EF are hiring a [Senior Operations Security Expert](https://jobs.lever.co/ethereumfoundation/10923b49-c76a-47b9-bd27-96ee71a460db "Senior Operations Security Expert") [ZK circuits engineer](https://jobs.lever.co/ethereumfoundation/7a7da3a9-a080-40a9-8aed-9e81641650a4 "ZK circuits engineer") sought by EF Privacy & Scaling Explorations team ### Regulation/business/tokens CFTC: [DeFi regulation by enforcement](https://www.cftc.gov/PressRoom/PressReleases/8774-23 "DeFi regulation by enforcement") against Opyn (despite blocking US IP addresses), Deridex & <a href="/price/0x-zrx" target="_blank" class="blog_inner_link">0x</a> [Commissioner Mersinger](https://www.cftc.gov/PressRoom/SpeechesTestimony/mersingerstatement090723 "Commissioner Mersinger") dissent [Commissioner Pham](https://www.cftc.gov/PressRoom/SpeechesTestimony/opapham9 "Commissioner Pham") calls for a US regulatory sandbox [International Organization of Securities Commissions](https://www.iosco.org/news/pdf/IOSCONEWS706.pdf "International Organization of Securities Commissions") (IOSCO) DeFi policy recommendations [IMF and FSB](https://www.fsb.org/2023/09/imf-fsb-synthesis-paper-policies-for-crypto-assets/ "IMF and FSB") policies for crypto assets, warns against blanket bans [Ark Invest & 21Shares](https://www.sec.gov/Archives/edgar/data/1992508/000119312523229449/d450565ds1.htm "Ark Invest & 21Shares") apply for spot Ether ETF ### General [Crypto wealth report](https://www.henleyglobal.com/publications/crypto-wealth-report "Crypto wealth report"): 22 billionaires, 182 centi-millionaires & 88,200 millionaires [Google’s Threat Analysis Group](https://blog.google/threat-analysis-group/active-north-korean-campaign-targeting-security-researchers/ "Google’s Threat Analysis Group") warns North Korea targeting security researchers [Blastpass](https://citizenlab.ca/2023/09/blastpass-nso-group-iphone-zero-click-zero-day-exploit-captured-in-the-wild/ "Blastpass"): iPhone zero-click exploit, update your Apple devices [Proton mail](https://www.sonarsource.com/blog/code-vulnerabilities-leak-emails-in-proton-mail/ "Proton mail") vulnerability disclosed, fixed ## Upcoming Dates of Note (new/changes in **bold**) 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 15-17 – [ETHChicago](https://www.ethchicago.xyz/ "ETHChicago") conference & hackathon Sep 15 – [Holešky testnet](https://github.com/eth-clients/holesky#readme "Holešky testnet") genesis Sep 18-24 – [ETHSafari](https://ethsafari.xyz/ "ETHSafari") (Kilifi Kenya) Sep 21–24 – [Pragma](https://ethglobal.com/events/pragma-newyork "Pragma") & 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 28-30 – [Paradigm CTF](https://ctf.paradigm.xyz/ "Paradigm CTF") Oct 13–15 – [Ethereum Kuala Lumpur](https://twitter.com/ethkl1/status/1670761473348624384 "Ethereum Kuala Lumpur") conference & hackathon Oct 21 – [Ethereum México](https://twitter.com/ethereum_mexico/status/1684649652639924224 "Ethereum México") 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 16-19 – [Pragma](https://ethglobal.com/events/pragma-istanbul "Pragma") & ETHGlobal Istanbul Dec 4-5 – [ETHVenice](https://ethvenice.com/ "ETHVenice") 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. </div>
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