EtherWorld Weekly: November 6 2022

Vitalik Buterin brings changes to Ethereum Roadmap, Coinbase join support to Ripple against SEC lawsuit, Highlights of Ethereum's All Core Devs Meeting #148, Ethereum Bulletins

EtherWorld Weekly: November 6 2022


Tech Articles

Vitalik Buterin brings changes to Ethereum Roadmap

Ethereum co-founder Vitalik Buterin has shared the updated roadmap of Ethereum post the Merge. He released a diagram depicting the next six stages in a phase-wise manner. The next six milestones will be: The Merge, the Surge, The Scourge, The Verge, The Purge, and The Splurge.The Scourge is the new addition to Ethereum's scalability roadmap.

Ethereum News

Coinbase join support to Ripple against SEC lawsuit

United States- based cryptocurrency exchange Coinbase has come out in support of Ripple Labs in its legal battle against the Securities and Exchange Commission (SEC). The court case between Ripple Labs and US SEC is continued since 2020 and is expected to come to a conclusion by the first half of 2023. Paul Grewal, Chief Legal Officer at Coinbase has asked the Judge for permission to file an amicus brief in the SEC case. The crypto exchange has filed a request in the court in support of Ripple’s Fair Notice Defense.

Highlights of Ethereum's All Core Devs Meeting #148

Proto-Danksharding Updates, EOF EIPs Discussion, Smaller Vs Less Frequent Larger Hardforks, SelfDestruct Deactivation, Goerli Supply Issues.

Ethereum Bulletin

Ethereum Bulletin #91

Prysmatic Labs v3.1.2, EIP-5606: Multiverse NFTs, Cairo 1.0 is coming, Nethermind v1.14.5, ETHIndia '22 have introduced staking for builder

Ethereum Bulletin #92

The proposal for Devcon VII is now live, The proposal for Aave to deploy on zkSync 2.0 passed, EIP-4844 Protodanskahrding local testnet with nethermindeth geth & prys, EIP-20 in ELI5, L2s execute more transactions than L1 Ethereum

World News

Ethereum’s Shanghai Upgrade Will Play A Crucial Role In Determining ETH’s Price

A recent meeting held by Ethereum’s lead developers has led crypto investors to speculate how the Shanghai update will impact the token’s future price. The Shanghai update is scheduled to be deployed in the second quarter of 2023.

Ethereum Layer 2 Protocols Set New Weekly High For Transactions

Layer 2 transactions on Ethereum’s blockchain hit a new seven-day high, Orbiter Finance data showed. Orbiter’s dashboard recorded over 5.78 million transactions between October 27 and November 2. Arbitrum led the L2 pack with around 46.59% of layer 2 transactions carried out on the protocol. Transactions on Ethereum’s mainnet only exceeded L2s by about 30%.

Project Update

MEV-Boost Status Update - 2022-11-03

Upcoming release of mev-boost v1.4.0

  • Upcoming release of mev-boost v1.4.0 12
  • Notably includes the ability to set a minimum bid value, under which mev-boost won’t provide a bid to the beacon node.
  • Several minor improvements.

Flashbots builder needs to charge a fee to increase diversity

Simply put, Flashbots is a research and development organization that pioneered the MEV sector. They set out to solve MEV related problems and bring more transparency to this market. They created reference tooling to increase diversity and censorship-resistance in Ethereum by building their own implementation of PBS (proposer-builder separation) with MEV-Boost. They unlocked a new and exciting market for block builders, searchers and validators. They enabled the ecosystem to be less centralized around validators by decoupling the proposer role and the builder role.

Tech Update

Execution layer clients:


Former MakerDAO Co-Founder Found Dead

DappNode suffers a contract exploit, GameStop’s NFT Marketplace now supports Immutable X, Braavos Wallet raises $10 million, and Rainbow releases an update for its mobile wallet.

ConsenSys Registers As MakerDAO Delegate

ConsenSys becomes a MakerDAO delegate, zkSync releases V2 SDKs, Empiric Network releases V1 of its protocol, and Arbitrum releases Nitro Node v2.0.8.

Meta Reveals NFT Minting Tools For Instagram

Meta announces NFT minting tools for Instagram, J.P. Morgan executes its first DeFi transaction, NounsDAO releases a Nouns Builder, and Resonate deploys ERC-4626 vault adapters.

Lens Protocol Integrates DMs via XMTP

Lens Protocol integrates direct messages via XMTP, Instagram uses Arweave for data storage, Wallet Connect raises $12.5 million, and Curve Finance releases a new UI.

Immutable X Enforceable NFT Royalties

Vitalik proposes a trust model framework for rollups, Alchemy introduces a new allowlist platform, Immutable X plans to extend enforceable royalties to Ethereum, and Shell Protocol releases its first AMM Engine pool.


Read more

Read more about Ethereum in previous Bulletins - Ethereum Bulletin

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