EtherWorld Weekly: 18th October 2024

Ethereum News, World News, Highlights of ACD Call, Tech Articles, Podcasts, Tech Explainers, ELI5 Explainers, Client Upgrades, Events; Jobs

EtherWorld Weekly: 18th October 2024

Ethereum News

World News

Highlights of Ethereum Devs Call

Consensus-layer Call 144 covered key updates on Ethereum’s Pectra upgrade. Discussions focused on Electra devnets, including security benefits tied to EIP-7549 raised by Alex Stokes, while Erico Del Fante and Sean debated potential DoS vulnerabilities. There was also a deep dive into PR 3767, but it may be delayed due to its size.

The call further explored blob scaling with Francis, Terence, and Enrico, who highlighted the benefits of increased blob capacity for Layer 2. EIP-7742 is seeing delays due to complexity, but Stokes and Barbanas discussed pushing implementation. EIP-7782 proposed a gradual gas increase, which sparked debate on performance and finality concerns.

Read more here: Consensus-layer Call 144: EIPs, Pectra, and Blob Scaling

Tech Articles

  • EIP - 7045 Increase Max Attestation Inclusion Slot
    EIP-7045 introduces a crucial Ethereum upgrade, extending attestation inclusion slots for improved security and efficiency. The article delves into its motivation, technical changes, implications, and impact on consensus and security.

  • EIP-1153 and Transient storage
    EIP-1153 introduces transient storage, revolutionizing Ethereum's data handling. It addresses gas inefficiencies, enhancing smart contract performance. Explore its impact on inter-frame communication and gas cost efficiency.

  • Eip - 7516 : BLOBBASEFEE opcode
    EIP proposes BLOBBASEFEE opcode for smart contracts to manage blob data costs efficiently. It enables trustless accounting and blob gas futures with a gas cost of 2, aligning with conventions, ensuring seamless integration and minimal impact on backward compatibility.

  • EIP-7044- "Perpetually Valid Signed Voluntary Exits on Capella.
    EIP-7044 revolutionizes Ethereum's staking by introducing perpetual validity for signed voluntary exits on Capella. This streamlines operations, ensures Consensus Layer compatibility, and mandates transitioning pre-signed exits to the Capella fork domain. The proposal simplifies staking.

  • EIP-4844 Explored: The Future of Shard Blob Transactions in Ethereum
    What are blobs? Working of Blobs to support Layer 2 projects. EIP4844 deep dive, key features and other use case.

Podcasts

  • EIPIP Meeting #110:

  • AllWalletDevs# 23:

  • Unichain: The Ethereum Killer? - The Chopping Block:

    • Show highlights
      🔹 “Memecoin Supercycle” and whether memecoins are on track to overtake traditional altcoins as they fuel a new wave of financial speculation.
      🔹 Unichain: Uniswap’s bold move to launch its own chain on the Optimism Superchain, questioning whether this could pull DeFi liquidity away from Ethereum and reshape the crypto ecosystem.
      🔹 Kamala Harris’ unexpected crypto appeal in her new “opportunity agenda for Black men,” which includes a vague promise for regulatory protection for digital assets.
      🔹 Memecoins vs. VC Coins: Murad’s thesis on memecoins outshining VC-backed tokens sparks a heated debate on whether financial nihilism is driving this trend and what it means for the future of crypto investing.
      🔹With the new Unichain possibly diverting DeFi liquidity, the crew ponders whether Ethereum is at risk of losing its dominance as the “home of DeFi.”
  • World Liberty Financial, Vitalik’s Upgrade Proposals, and More: Weekly Recap:

    • In this recap, we’ll dive into the surprising rise of the GOAT memecoin fueled by an AI agent, explore the underwhelming start of Donald Trump-backed World Liberty Financial’s token sale, and cover Radiant Capital’s $50 million exploit that halted lending markets. We’ll also discuss an FBI arrest, Grayscale's push to convert its multi-crypto fund into an ETF, Kamala Harris’ proposal to protect Black men investing in crypto, and the major changes Vitalik Buterin has planned for Ethereum. Plus, we’ll touch on Tether’s potential move into commodity lending and Praxis’ massive $525 million raise to build a crypto-forward city.
  • Announcing Unichain | DeFi's Next Frontier?:

    • Unichain Is Here! Joining us today is Hayden Adams of Uniswap and Karl Floersch of Optimism to explain the exciting new release and vision for the future of Ethereum and appchains.

Tech Explainers

ETH Withdrawals: Everything You Need to Know
Validators, Ethereum's Validator Lifecycle, Types of Withdrawals, EIP-4895, How to make your Validator ready for Withdrawal?, EIP-4736 & Shapella Mainnet

The Future of Ethereum Goerli Testnet
What is Goerli Testnet?, Why Developers like Goerli?, Goerl Shapella, Future of Goerli Testnet & Holesky Testnet

How to Become Validator for Ethereum Blockchain?
Staking, Setup Node, Roles & Responsibilities

Client Diversity
Execution Layer, Consensus Layer, Why there is a need for multiple clients?, Advantages & Risks

Reth: Ethereum Execution Layer Client Written in Rust
Why new client?, Goals, Reth Book, Launch Date & Akula

ELI5 Explainers

We have tried to explain common ethereum blockchain concepts in under 60 seconds.

  1. What is an Ethereum Account?
  2. Externally Owned Accounts (EOAs) Vs Contract Accounts
  3. What is an Ethereum Transaction?
  4. Ethereum Transaction Lifecycle
  5. What is Ethereum Validator?

Readers can follow more short videos here.

Client Updates

Events


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