Roman Storm jury deliberating, Justin Drake’s lean Ethereum, mainnet turns ten
All core devs (main protocol calls)
All core devs - execution (ACDE) #217
- Fusaka upgrade:
- Ideally upgrade mainnet before Devconnect (November 17-22). Confirm upgrade schedule & testnet order at ACDC
- EIP7825 16.8M transaction gas limit cap: concerns on breaking some apps, decide if increase needed at ACDT
- PeerDAS balance per additional custody group: home & fractional staking concerns, decide if increase needed in Fusaka at ACDC
- Glamsterdam upgrade:
All core devs - testing (ACDT) #46
- Fusaka upgrade:
- Fusaka-devnet-3 live: testing MEV-Boost & EIP7892 blob parameter only upgrades
- EIP7910 eth_config: spec refined
Layer 1
- EIP7732 ePBS:
- Terence: in defense of free option problem
- EIP7805 FOCIL:
- FOCIL breakout #16: ePBS compatibility presentation
- FOCIL changes in Execution Layer & compatibility with EIP7928 Block-level Access Lists
- Code chunk analysis: breaking up bytecode into smaller chunks is a viable option to reduce witness size as only small proportion of bytes & chunks are used
Staking
- EthStaker staking survey results: 23% genesis stakers, 60% run 1-5 validators with own capital, 27% run validators rather than liquid staking to benefit the network
- Client diversity:
- Consensus layer: Lighthouse 42.7%
- Execution layer: Geth ~41%, Nethermind ~38% (estimated from 74% self reported)
- Staking marketshare: Lido 24.8%
- Client releases:
Layer 2
- Linea tokenomics: plan to burn ETH (20% of net income gas fees)
Research
- Julian Ma: in-protocol prover market proposal, builders deposit a prize whilst building a block, anyone who submits a proof can claim a share of the prize in the next slot
Sponsor: Dev Tools Guild
The Dev Tools Guild unites critical Ethereum developer tooling to collectively fund projects and their maintainers (think Protocol Guild but for dev tooling), and boost coordination between protocol and dev tools developers.
Member projects:
- Smart contract languages: Solidity & Vyper
- Client libraries: alloy, ethers.js, Nethereum, viem, web3.py & Web3j
- Frameworks and developer environments: Ape, Foundry & Scaffold-ETH
- Standardization tooling: Sourcify
Follow @devtoolsguild, Visit devtoolsguild.xyz, Fund at donate.devtoolsguild.eth
Ecosystem
- Justin Drake’s lean Ethereum vision:
- Defense (fort mode): 100% uptime, survive anything (e.g. nation states & quantum computers)
- Offense (beast mode): gigagas L1, teragas L2, realtime zkVMs, DAS, beacon chain 2.0, blobs 2.0, EVM 2.0 & hash-based cryptography
- Ethereum mainnet turns ten:
- “believe in somETHing” campaign on X
- ETH metrics:
- Gas (gwei): 1.1 average, 0.2 - 10.2 (16.3 for zero net issuance)
- ETH supply change: 17k net issuance
- ETHUSD: $3,619 – $3,934 (all time high $4,878, November 10, 2021)
- ETH ETFs: 4.57% of ETH supply
- ETHBTC: 0.032 (0.165 for the Flippening)
Developers
- Foundry:
- OpenZeppelin Contracts MCP: generate contracts with AI using Contracts Wizard templates
- Ethereum Community Foundation BlobKit (TypeScript): use blobs as ephemeral, verifiable data layer
- Halmos (symbolic testing): invariant testing guide
- Content coin metadata: find/load coins created via Zora & Uniswap v4 pool
- Linda Xie: vibe code a Farcaster mini app
- TrueBlocks Create Local App: Go-based scaffolding for TrueBlocks/Wails desktop apps
- Safe Research: encryption in web3
- ERCs (application layer standards):
- Reminder: Holešky testnet being deprecated, migrate to Hoodi
Security
- Base builders: free security reviews from Coinbase’s Protocol Security team
- Arbitrum Audit Program selected audit firms to provide subsidized contract audits
Applications
- Bring Argentina onchain
- CoW Swap cross-chain swaps in a single transaction
Enterprise
- PayPal Pay with Crypto, including ETH & USDC, coming to US merchants
- Visa expands stablecoin support including PayPal USD & EURC
Regulation
- Roman Storm trial: jury deliberations continue Monday (jury events to watch for)
- Free Roman Storm campaign
- Virgil Griffith out of home confinement
- US President’s working group digital asset report
- US SEC:
- Project Crypto: modernize rules/regulations so financial markets can move onchain
- In-kind creation/redemption permitted for crypto ETFs
- ZachXBT: Cameron Redman convicted in relation to X account compromises
Paid listings
- abcoathup seeks paid work. DM to chat
- Dev Tools Guild: July update
Listings: $100 in ETH/USDC (max 70 characters). Email abcoathup at gmail
General
- WOO X $14M stolen: team members device compromised in phishing attack
- PSE: Metal MSM v2: GPU acceleration improvements for Multi-Scalar Multiplication on Apple devices
- Trail of Bits: exploiting end-of-life home network devices
Publisher: @abcoathup
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