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Week in Ethereum News November 5, 2022

WeekInEthNews· 5 min read
Eth News and Links

Layer 1

  • Latest consensus layer call video. Notes from Ben Edgington & Christine Kim:Full & partial withdrawals to be processed in a single queue-less pipelineEIP4844 (proto-danksharding) to be developed on top of withdrawalsBlock value to be added to EngineAPI to allow comparing MEV-Boost vs locally built blocksMEV-Boost update
  • Full & partial withdrawals to be processed in a single queue-less pipeline
  • EIP4844 (proto-danksharding) to be developed on top of withdrawals
  • Block value to be added to EngineAPI to allow comparing MEV-Boost vs locally built blocks
  • MEV-Boost update
  • MEV-Boost:Analysis of MEV-Boost blocks: private transactions (non-public mempool) are 3.8% of MEV-Boost blocksCensorship resistance: define & measure censorship, use collective enforcement (e.g. crLists) and prepare User Activated Soft Fork to force exit & penalize censoring validatorsFlashbots builder needs to charge a fee to increase diversityBulk data export for Flashbots relay
  • Analysis of MEV-Boost blocks: private transactions (non-public mempool) are 3.8% of MEV-Boost blocks
  • Censorship resistance: define & measure censorship, use collective enforcement (e.g. crLists) and prepare User Activated Soft Fork to force exit & penalize censoring validators
  • Flashbots builder needs to charge a fee to increase diversity
  • Bulk data export for Flashbots relay
  • Inclusion.watch: 79% probability of Tornado transactions being included in a block within a minute

For stakers

Research

  • Verkle Tree retrieval using IPFS snapshots proof of concept shows possible offline conversion route for transition to Verkle Trees

Client releases

  • Execution Layer:Besu v22.10.0: fixes and improvements for staking and resilienceErigon v2.29.0: logging to files and upstreamed Otterscan patchesGethlatest: improves profitability of local block buildingv1.10.26: snap sync improvementsNethermind v1.14.5: rollback of v1.14.4 unnecessarily activating snap sync on synced nodes
  • Besu v22.10.0: fixes and improvements for staking and resilience
  • Erigon v2.29.0: logging to files and upstreamed Otterscan patches
  • Gethlatest: improves profitability of local block buildingv1.10.26: snap sync improvements
  • latest: improves profitability of local block building
  • v1.10.26: snap sync improvements
  • Nethermind v1.14.5: rollback of v1.14.4 unnecessarily activating snap sync on synced nodes

Layer 2

  • Vitalik’s proposed rollup milestones to maturity: Stage 0 (full training wheels): on-chain transactions, full rollup node, operator cannot freeze/steal user assets by censoring and no active fraud/validity proofStage 1 (limited training wheels): running fraud/validity proof with security council override and upgrade timelock greater than fraud proof periodStage 2 (no training wheels): two or more distinct fraud/validity provers, security council can adjudicate if there is a bug & provers disagree and upgrade timelock greater than 30 days
  • Stage 0 (full training wheels): on-chain transactions, full rollup node, operator cannot freeze/steal user assets by censoring and no active fraud/validity proof
  • Stage 1 (limited training wheels): running fraud/validity proof with security council override and upgrade timelock greater than fraud proof period
  • Stage 2 (no training wheels): two or more distinct fraud/validity provers, security council can adjudicate if there is a bug & provers disagree and upgrade timelock greater than 30 days

EIPs/Standards

  • EIP5850: Complex numbers stored in bytes32 types
  • EIP5851: Zero-Knowledge KYC certificates
  • EIP5865: NFT avatar
  • EIP5875: Opcode for transaction number

This newsletter is made possible thanks to Starbloom Ventures!

Starbloom Ventures is a first round venture fund founded by Evan Van Ness to invest in the future of web3.

Stuff for developers

Security

Ecosystem

Enterprise

Application layer

Job Listings

Job listings: $600 for four issues (75 character limit), payable in ETH/DAI/USDC to abcoathup.eth on mainnet or Layer 2. Pay with one click using 3cities.  Questions? abcoathup at-gmail

Regulation/business/tokens

  • Vitalik on regulation
  • Hong Kong government policy statement: risk-based guardrails, public consultation on regulations and pilot green bond tokenisation & e-HKD

General

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