EtherWorld Weekly: September 12, 2022

Merge-client releases, Highlights of Consensus Layer Call #95, Ethereum Bulletins, StarkNet preparing for regenesis, Ropsten, Rinkeby & Kiln Deprecation Announcement, Aave introduces GHO stablecoin, Lyra Avalon: Live on Optimism Mainnet

EtherWorld Weekly: September 12, 2022


Ethereum News

Highlights of Ethereum's All Core Devs Meeting #146

Mainnet Shadow Fork 12 Successful Erigon Block production Bug Teku's Latest Release v22.9.0 Nethermind Bug-Free Besu 22.7.2 Release on September 7 Optimistic Sync Tests HashRate Difference on & WenMerge Final Merge Community Call on September 9

Highlights of Consensus Layer Call #95

Mainnet Shadow Fork 13 Tomorrow, Kiln Testnet Deprecated Tomorrow, Final Merge Community Call #7 Tomorrow, Update on Optimistic Sync Tests, Wen Merge, Nimbus High Priority Release Tomorrow, Checkpoint Sync API, CL/ACD calls likely on a Break.

Bellatrix is live now

Bellatrix is activated now. Mainnet transition to PoS is expected between Sep 13-15.

Merge-client releases

Ethereum Bulletin

Ethereum Bulletin #64

Talks about - Erigon Client Release, Is Censorship on Ethereum possible?, 1st EVM-Native Optimistic Rollup, Monitoring of Ethereum Nodes by Kiln Finance, Prepare for Merge on Prysm

Ethereum Bulletin #65

Post NFTs on Facebook & Instagram, EIP Editing Office Hour, EDCON 2022 Conclusion, Project Sunshine, Merge Data Challenge Reminder

Ethereum Bulletin #67

Teku v22.9.0 out, Ethereum Foundation blog now available in 16 languages, New Release for Nimbus out, Openseas's preparation for The Merge, New Lighthouse release, The fast track to becoming an Ethereum core dev is now open

Ethereum Bulletin #68

Last 24 hours to Upgrade Recent Client Versions, Checkpoints: Beacon Chain Checkpoint Sync Provider, ProtocolGuild Awarded 500 ETH by MolochDAO, Beacon Chain Dashboard by Zachary Lingle, The Merge: Ethereum JS by Ethereum Cat Herders

Ethereum Bulletin #69

Bellatrix Upgrade is Live Now, Ethereum Tags Database, Erigon 2022.09.01-alpha Release, Prysm v3.1.0 Release, Ethereum Mainnet Merge Viewing Party

Ethereum Bulletin #70

Nethermind's 24h Merge Watch Party, SSPC: Stupid Simple Payment Channels. Nethermind Release v1.14.1, Final Merge Community Call #7, Ethereum Core Devs Meeting #147 on September 15

World News

What will the blockchain landscape look like five years from now?

The blockchain infrastructure landscape is developing at warp speed, and it can be hard to keep up. After a lot of research, here are my thoughts. L1 will primarily consist of rollup settlement transactions, as most user transactions will end up on L2 and L3 due to both efficiency gains and cheap transactions after EIP-4844 and (hopefully) Danksharding. Data Availability will be the next race. L1s will pivot towards becoming DA/settlement layers. The target market of L1s will shift from blockchain-to-user to blockchain-to-blockchain. Generalized Layer 2s will be home to application-specific L3s. L2s that prioritize building out large liquidity sources (like Immutable X) will be best positioned for this move. Niche L2s will also be useful, as L2s can have custom execution environments. The EVM is the smart contract norm, but there are applications where using something else might make more sense. The blockchain space is finally starting to grow to its full potential.

Aztec Connect is now live!

We’re proud to announce that Aztec Connect is live on the mainnet, enabling private Defi on Ethereum for the first time. By fusing full privacy and L1 DeFi liquidity right on Ethereum mainnet, users no longer need to trade convenience for privacy via alternative privacy chains. With Aztec Connect, Ethereum is now capable of private DeFi all on its own.

To help reveal the power of Aztec Connect, they’ve completely revamped zk. money, our first-party DeFi aggregator. Users can try the comprehensive update today, which allows anyone to use DeFi apps like Lido, Curve, and Element with complete privacy and up to 100x cost savings.

StarkNet preparing for regenesis

StarkNet is preparing for a regenesis on Ethereum Mainnet. The existing StarkNet Alpha will run for as long as necessary. In parallel, they will deploy a new leaner version of StarkNet Alpha that will start afresh, with a new state. This means that in the new instance all the contracts and accounts will need to be redeployed and assets will need to be migrated from the old StarkNet Alpha to the new one.

Projects Update

Ropsten, Rinkeby & Kiln Deprecation Announcement

Ropsten and Rinkeby are now deprecated. While Kiln and Ropsten have already transitioned to proof-of-stake, Rinkeby will not run through this upgrade.
After The Merge happens on the mainnet, Kiln will be sunset. Then, by the end of the year, Ropsten will be as well. Roughly one year after Sepolia has

Aave introduces GHO stablecoin

Aave Companies is proposing to the DAO the introduction of a native decentralized, collateral-backed stablecoin, GHO, pegged to USD.

With community support, GHO can be launched on the Aave Protocol, allowing users to mint GHO against their supplied collaterals. GHO would be backed by a diversified set of crypto-assets chosen at the users’ discretion, while borrowers continue earning interest on their underlying collateral. As described below, all decisions relating to GHO will be in the hands of Aave Governance. If approved, the introduction of GHO would make stablecoin borrowing on the Aave Protocol more competitive, provide more optionality for stablecoin users and generate additional revenue for the Aave DAO by sending 100% of interest payments on GHO borrows to the DAO.

Lyra Avalon: Live on Optimism Mainnet

With the release of Avalon, Lyra becomes one of the most robust, efficient, and accessible options trading experiences across all decentralized finance. An excellent trading experience combined with predictable, programmable, deep 24/7 options liquidity will lead to more fees for LPs, driving even more AMM liquidity which in turn generates an even better venue for traders.

EulerDAO is live!

Community members can now claim any available EUL tokens from previous epochs, select a delegate on the delegates page and participate in the future of decentralized finance. Users should either self-delegate or delegate their voting power to a community member on the delegates page. Delegating your voting power does not lock or retain EUL tokens, you’re simply signaling someone else to vote on your behalf as a EUL holder.
Euler is a non-custodial Defi protocol on Ethereum that allows users to lend and borrow almost any crypto asset.

EulerDAO is run by voters and delegates who can actively participate in the government decision-making process. Delegating Voting Power on Tally

Tech Update

Execution layer Clients:

Consensus layer clients:


Merge community call 7

EIPIP Meeting 64


Read more

Read more about Ethereum in previous Bulletins - Ethereum Bulletin

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