# Week in Ethereum News, June 8, 2024 Source: https://weekinethereum.substack.com/p/week-in-ethereum-news-june-8-2024 Kiwi News: https://news.kiwistand.com/stories/Week-in-Ethereum-News-June-8-2024?index=0x6663c0f0bd5c98dc177bc13424028d252c2bdc2e65f53da8cae435392944ecd1738fd5b0 Submitted by wongssh.eth on 2024-06-08 UTC, 1 upvote, 0 comments ## Summary Week in Ethereum News for June 8, 2024 is a newsletter roundup of Ethereum developments, led by the Pectra upgrade, which is planned to include 19 EIPs and is likely targeting Q1 2025. At All Core Developers – Execution call #189, the Prague scope was finalized after six months, and EOF was included in Pectra, though Geth was skeptical of the upgrade's size and EOF's priority. The roundup also reports that EIP-7702 was included in Pectra as a replacement for EIP-3074, and that Lido stood at 28.92%, close to the 33.3% threshold. It further covers a $6.8M Velocore exploit on zkSync and Linea. ## Article EOF included in Pectra upgrade, largest upgrade ever planned (19 EIPs), likely targeting Q1 2025 All core devs All core devs – execution (ACDE) #189: Pectra (Prague + Electra) upgrade: Prague scope finalized after 6 months (Electra still to be finalized) EOF included in Pectra Nethermind, Besu, EthereumJS, Reth (EOF benefits) & Erigon support EOF before Verkle, Geth skeptical of upgrade size & priority of EOF Discussed splitting Pectra, if EOF blocks Pectra move to separate upgrade EIP7702 included in Pectra, replaces EIP3074, iterate on revocability design Pectra-devnet-1: will include interop/devnet-0 spec changes, add EIP7702 (revocability may change) but exclude EOF (work on static tests first) EIP158 state clearing: EOA with EIP7702 could be empty but have storage, may need to remove EIP158 either with EIP7702 or Verkle EIP4444 history expiry: client teams working on Portal network but have competing priorities ACD process improvements: new EIPs to be reviewed async, EIP proposed for inclusion (PFI) status to be used in upgrade planning Pectra (Prague + Electra) upgrade Future of EOA/AA breakout #4 (EIP7702): Concerns around revocability, use optional nonce unless alternative found (max nonce & nonce manager non-starters), signing address vs code discussion & wallet best practices Alex Stokes: PeerDAS & raising blob count, proposal to decouple layers for setting blob count and consensus clients to have maximum blob count flag for local block building Osaka + F starname upgrade Verkle implementers call #18: Conversion from Merkle state to Verkle took ~16 days, potential EIP158 issue with EIP7702, warming system contracts & gas cost updates to EIP4762 Centralization watch: threatening the value of your ETH 🚨 Lido at 28.92%, still too close to 33.3% threshold Client diversity (via clientdiversity.org): Execution layer: Geth ~55% majority Consensus layer: Prysm 38% Any client bug over 33.3% could mean loss of finality Better geographic diversity is optimal, particularly outside of North America & Europe Layer 1 ePBS ePBS breakout #2: Prysm only client team to have started implementation Terence: out-of-protocol timelines under ePBS, using MEV-Boost with ePBS is worst of both worlds Portal network summit: History network & Beacon network largely feature complete, State network initial phase targeting Devcon Gossipsub performance: network dynamicity through GRAFTs & PRUNEs Client Releases Consensus layer: Lodestar v1.19.0: flood publish disabled by default, Nodejs v22 default and AMD64 & ARM64 binaries Execution layer: Erigon v2.60.1: set tracer-observable value of a delegatecall to match parent value Geth v1.14.5: hotfix for peer discovery; v1.14.4: 5-7% faster block import speeds, ETH supply live tracer and default minimum tip dropped to 0.001 gwei Reth v0.2.0-beta.9: fix for docker; v0.2.0-beta.8: ensure Fork Choice Updated messages not missed when pruner active & changes to support OP mainnet For Stakers Anti correlation penalties to defend solo staker viability Toni WahrstΓ€tter: MEV-Boost vs local block building, only small increase in APY Layer 2 Consensys Linea paused sequencer & censored Velocore attacker addresses Rollup.wtf dashboard: L2 real time performance showing TPS, MGas/s & KB/s EIPs/Standards EIPs: EIP7718: Portal Wire Protocol a framework for discv5 EIP7719: P2P History Network Stuff for developers Foundry adds Vyper support: deploy, test, debug & write scripts Hardhat v2.22.5: adds limited support for blob transactions & hardhat-tracer reenabled Slither v0.10.3: reduces false positives & improves performance Snekmate (Vyper building blocks): module-friendly contracts, uses Vyper v0.4.0rc6 Prool: simulate local/bundler/indexer node over HTTP for TypeScript test runners e.g. Vitest EVMole: improved accuracy in function argument extraction Contract read/write: Etherscan NatSpec comments used in read/write contract tab ABI Ninja: adds proxy support, interact without an ABI & shareable link for contracts Evm.codes contract reader Security Velocore (DEX) $6.8M exploit on zkSync & Linea via faulty logic Security Alliance (SEAL) partnership with Security Research Legal Defense Fund to assist whitehats using safe harbor agreement Ecosystem Hackathon projects: ETH Belgrade, ETHDublin & ETHPrague Devcon scholars program for community organizers, law students/legal professionals, artists/sci-fi writers & builders, applications close July 7 Interactive version of Ethereum roadmap Nethermind: Preconfirmations Senior Engineer, Protocol Researcher, Site Reliability Engineer, Research Engineer - Starknet & Senior Marketing Manager Gnosis is hiring: Discord Moderator and Senior Web3 Software Dev (Wallet) IMC: Quant Developer for DeFi and MEV focused team Alchemy - Wallet Services: Engineering Manager and Full-Stack Engineer Privacy and Scaling Explorations: ZK Circuits Engineer ChainSafe: Head of Protocol Engineering, DevRel - Sygma and more jobs Job listings: $600 for 4 issues (75 char limit). Pay using 3cities. Questions? abcoathup at-gmail Onchain stats Gas fees (via ultrasound.money): 3.2 to 115.8 gwei, with 12.4 gwei average Zero net issuance currently at 23.4 gwei 8k ETH net issuance this week ETHUSD: $3,642 - $3,874, currently $3,686 ETHBTC: currently 0.053 (Flippening at ~0.16) Notable at app layer IYK platform public, link physical items to digital using NFC chips Regulation/business/tokens Stand with Crypto US reached 1M members Appellate court slaps down SEC regulatory overreach Evolved Apes creators charged in alleged NFT rug pull Matter Labs (zkSync) dropping all trademark applications for ZK term General CoinGecko data breach via third-party email platform; name, email, IP & location of email opens compromised END OF SERVICE: plan to deprecate Week in Ethereum News Editor: @abcoathup Follow @WeekinEthNews for the most clicked links Permalink: https://weekinethereumnews.com/week-in-ethereum-news-june-8-2024 (new/changes in bold) Jun 11 – PeerDAS breakout #1 Jun 14 – EF EIP4844 data challenge deadline Jun 21-23 – ETHKyiv hackathon & conference Jul 7 – Devcon scholars program deadline Jul 8-11 – EthCC (Brussels) conference Jul 12-14 – ETHGlobal Brussels hackathon Jul 29-30 – EDCON Tokyo conference Aug 2-4 – Ethereum Argentina conference & hackathon Aug 15-17 – Ethereum Uruguay hackathon & conference Aug 23-Sep 13 – ETHGlobal ETHOnline virtual hackathon Aug 23-26 – ETHTokyo hackathon & conference Aug 29-31 – ETHAccra hackathon Sep 5-8 – ETHWarsaw conference & hackathon Sep 9-15 – ETHSafari (Kenya) Sep 12-14 – NapulETH (Napoli) Sep 13-14 – Ethereum MΓ©xico Sep 20-22 – ETHGlobal Singapore hackathon Sep 26-27 – ETHMilan conference Oct 4-6 – Ethereum Kuala Lumpur conference & hackathon Oct 4-6 – ETHRome hackathon Oct 17-19 – ETHSofia conference & hackathon Oct 18-20 – ETHGlobal San Francisco hackathon Nov 12-15 – Devcon 7 - Southeast Asia (Bangkok) Nov 15-17 – ETHGlobal Bangkok hackathon Sign up to receive this newsletter weekly