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Ethereum News

• ERC-7683: The Key to Seamless Crosschain Interactions

  • Let’s talk about ERC-7683—a game-changer for anyone navigating the world of Ethereum and its expanding ecosystem.

• What is Beam Chain? Will It Lead to Ethereum 3.0?

  • You’ve probably heard of Justin Drake's exciting new proposal for Ethereum called Beam Chain. But what exactly is Beam Chain, and does it really mean Ethereum 3.0 is on the way? Let’s dive in and break it all down in simple terms.

• Paradigm Outlines Five Levels of Secure Hardware for Cryptographic Advancements

  • Paradigm's latest research explores secure hardware's potential in programmable cryptography, framing five progressive levels. Currently at Level 3, the technology complements cryptographic stacks with applications like decentralized hosting and resistance to inefficiencies. Paradigm calls on the community to innovate and scale secure hardware to its highest potential.

• Vitalik Buterin Launches 2 ETH Bounty for Sublinear Staking Contract Audit

  • Vitalik Buterin's 2 ETH bounty challenges developers to audit a sublinear staking contract, focusing on its liabilities and payout mechanisms. The bounty, managed via Bountycaster, invites contributions to refine the contract and enhance its robustness.

• Pectra Testing Updates: Devnet 4 Deprecation and Plans for Devnet 5

  • Pectra Devnet 4 will soon be deprecated, and the stable Mekong testnet won't adopt Devnet 5 specs. Devnet 5 scope finalization and launch are anticipated within two weeks, with Devnet 6 targeting blob capacity upgrades. Other testnets will integrate Pectra Devnet 5 features post-stabilization.

World News

• zkETH to Revolutionize ETH Staking on ZKSync Elastic Chain

  • Dinero unveils zkETH, a native liquid staking solution for ZKSync Era, delivering 6-8% ETH staking yields through pxETH. zkETH’s liquidity will launch on Maverick Protocol, with extensive integration planned across the Elastic Chain ecosystem.

• Scroll Writers’ Competition: 72-Hour Countdown to Showcase Your Ideas

  • Scroll invites visionary writers to submit entries on Ethereum and cryptography. With only 72 hours left, the deadline is November 25. Participants can access details via LevelUp and seek help in the LevelUp Telegram group.

• Vitalik Buterin Advocates for Single Slot Finality Over Preconfs for Ethereum L1

  • Vitalik Buterin stresses Ethereum's need to prioritize Single Slot Finality over mid-curve ideas like preconfs. He rejects assumptions of satellite-based low-latency solutions, focusing on L1’s resilience for adverse conditions and its role as a secure foundation for L2 scaling.

• Exploring MorphL2: A Hybrid Optimistic-ZK Rollup Model

  • MorphL2 merges optimistic and ZK rollup designs, minimizing proving costs by requiring proofs only during disputes. While settlement time is longer than ZK rollups, the design incentivizes proposers to act honestly. Security hinges on bug-free proof systems and the expansion of the whitelist for challengers, which is currently limited to one participant.

Latest Tech Articles

• Understanding 3-Slot Finality: A New Era in Blockchain Consensus
  Explore 3-Slot Finality, a new blockchain consensus method enhancing security, reducing forks, and improving scalability for a more secure and efficient decentralized future.

• ERC-7683: The Key to Seamless Crosschain Interactions
  ERC-7683—a game-changer for anyone navigating the world of Ethereum and its expanding ecosystem.

• 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.

Podcasts

• Why Are We Here? Top Reasons to Care About Crypto:

  • Arjun gives one of the best non-technical talks at the Bankless Summit that everyone in crypto needs to hear. Do you know why you’re here? Arjun explains the first principle concept of Crypto-Anarchism.

• You’re Not Bullish Enough! Ethereum Roadmap & Beamchain with Justin Drake:

  • Justin Drake shares his reflection on the Beamchain talk he gave earlier in the week at Devcon Bangkok. Additionally, Justin adds some much needed context and important (and very bullish) facets to the Ethereum Roadmap from his perspective.

• Are Layer 2s Failing Ethereum? A New Proposal Advocates for Native L2s:

  • Martin Köppelmann, co-founder of Gnosis, has proposed that Ethereum should have native rollups—a vision aimed at addressing scalability and decentralization.
  • Köppelmann critiques the current state of layer 2 solutions, highlighting their limitations in fully inheriting Ethereum’s security and composability.

• Based Rollups: The Next Frontier of Ethereum Scaling with Justin Drake:

  • We’ve brought Ethereum Researcher and Bankless recurring guest, Justin Drake, to give us his reasoning on why he thinks the future of Ethereum is Based.
  • A handful of teams are already working on this Based Rollup future so, with this episode, and perhaps a few more, we’re front running it all and getting you downloaded on all things Based Rollups. Enjoy!

• EIP Editing Office Hour 46:

  • Agenda: https://github.com/ethcatherders/EIPIP/issues/363

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

• Execution Layer:

  • Nethermind 1.29.1
  • Geth 1.14.12
  • Erigon 2.60.10
  • Besu 24.10.0
  • Reth 1.1.2
  • EthereumJS 8.1.1

• Consensus Layer:

  • Teku 24.10.3
  • Nimbus v24.10.0
  • Prysm 5.1.2
  • Lodestar 1.23.0
  • Lighthouse 5.3.0

Events

• Dec 1-3: ETH Riyadh
• Dec 2-3: ETH Venice
• Dec 6-8: ETH India
• Feb 25: Pragma Denver
• April 3: Pragma Taipei

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