Ethereum Weekly News
Protocol Upgrades
Interop Testing #35 Discusses Petra Upgrade and History Expiry
Meeting covered coordination for upcoming Petra upgrade and history expiry implementation across clients. Key actions include creating dedicated Discord channels for the upgrade, preparing client images for Devnet 7, and developing documentation for history expiry features.
Ethereum Preps for Biggest Code Change Since the Merge With Pectra Upgrade
Ethereum is preparing for the Pectra upgrade, combining Prague and Electra upgrades, which will be the largest code change since the 2022 Merge. The upgrade includes 11 major EIPs focused on improving staking experience, wallet features, and blockchain efficiency. Key changes include EIP-7702 for smart contract wallet capabilities and EIP-7251 allowing validators to increase max staking from 32 to 2,048 ETH.
Vitalik Outlines Vision for Ethereum Base Layer
Vitalik Buterin shares perspectives on desired improvements for Ethereum's base layer amid community calls for network enhancements.
Vitalik Buterin Wants to Make Ethereum as 'Beautifully Simple' as Bitcoin
Vitalik Buterin proposed a 5-year plan to simplify Ethereum by replacing the Ethereum Virtual Machine with RISC-V architecture.
Layer 2 and Scaling Solutions
Research Paper Analyzes Based Rollups PGA Challenges and Solutions
A comprehensive research analysis examines Priority Gas Auction (PGA) challenges in Based Rollups, focusing on Taiko Labs' total anarchy model and potential solutions for economic losses and inefficiencies in the system.
Boba Network Q1 2025 Shows Mixed Performance
Boba Network's Q1 2025 saw divergent trends with Boba Ethereum driving 93% of transactions and increased daily active addresses, while financial metrics declined including a 50.5% drop in market cap and 68.4% decrease in revenue. Key developments included DeFi Journey launch and Ethereum Pectra update support.
Ethereum L2 Aztec Launches Public Testnet to Make Privacy 'the Norm, not the Exception'
Aztec Network has launched its public testnet for its Ethereum-based Layer 2 solution after 8 years of development and $100M in Series B funding led by a16z crypto. The testnet allows developers to build dApps with customizable privacy features that integrate with Ethereum's infrastructure. The launch follows successful trials involving over 100 sequencers across Aztec's DevNet and ProverNet.
EIPs and Standards
ERC-7920 Discussion: Composite EIP-712 Signatures Implementation
Discussion regarding backward compatibility issues in ERC-7920's implementation of composite EIP-712 signatures, particularly concerning signTypedData functionality and merkle-proof handling.
EIP-7904 Discusses Gas Cost Repricing Based on Computational Complexity
Technical discussion regarding EIP-7904's proposal to reprice gas costs, particularly focusing on the relationship between MUL and DIV operations and their computational complexity.
Transient EIP-7702: New Delegate Runtime Introspection Proposal
A new EIP proposal (EIP-7702) has been introduced to enable delegate runtime introspection capabilities, aimed at improving wallet security and innovation. The proposal appears to address a fundamental capability that was previously missing.
ERC-7845: Universal Orchestrator RPC Standard Proposed
A new ERC proposal (ERC-7845) has been introduced for a Universal Orchestrator RPC standard. The proposal has been reviewed and renamed from its original title.
Research & Development
New Research on Delayed Execution and Free Data Availability in Ethereum
A detailed research paper explores the implications of delayed execution mechanisms and free data availability in Ethereum, analyzing various approaches including optimistic attesting, upfront validation, and pre-charging mechanisms.
FOCIL Breakout #10 Meeting Announced
FOCIL Breakout session #10 scheduled for May 6, 2025, featuring presentations on Delayed Execution and ePBS, along with implementation updates.
Merkelizing Bytecode: Options & Tradeoffs
Research exploring solutions for bytecode chunking in L1 snarkification, examining how upcoming protocol changes affect worst-case scenarios. The analysis covers different approaches to merkleizing bytecode and their tradeoffs, with recommendations for future research into quantitative analysis of builder edge, reliability guarantees, and novel market structures.
Decentralization & Network Health
Discussion on Decentralization Goals and FOCIL Implementation
Debate around implementing FOCIL (First-Order Censorship-resistance Inclusion Lists) and its role in maintaining decentralization, particularly regarding mega builders and validator economics.
Security & Audits
CVE-2025-30147 - The curious case of subgroup check on Besu
A security vulnerability report regarding subgroup checks in the Besu Ethereum client, identified and resolved through collaboration between researchers and the Besu team.
$50M Bounty Goes Live on Web3Bounty.io to Trace Misappropriated Funds
A new bounty program launched on Web3Bounty.io offers $50 million for information leading to the recovery of $456 million in misappropriated TrueUSD stablecoin reserves. The program aims to bring transparency and accountability to the unprecedented breach affecting thousands of TUSD token holders.
Regulation & Compliance
Samourai Wallet says feds hid advice that crypto mixer was in the clear
Lawyers for Samourai Wallet co-founders allege federal prosecutors suppressed FinCEN advice indicating the crypto mixing service didn't need a money services business license, six months before charging the executives. The disclosure was made a year late, potentially affecting the ongoing legal case.
SEC Announces Tokenization Roundtable Details
SEC Crypto Task Force announces agenda and panelists for May 12 roundtable on tokenization, exploring the intersection of traditional finance and DeFi.
World's Operations in Indonesia Suspended
Indonesian regulators suspended Worldcoin's operations in the country due to insufficient permitting.
Gas Fees & Economic Updates
EVM Resource Pricing Breakout Session #4 Recording Available
Recording published for the fourth EVM Resource Pricing Breakout session, discussing updates and developments in EVM resource pricing mechanisms.
EIP-7667: Proposal to Reform Hash Function Gas Costs
Discussion on optimizing gas costs for hash functions, particularly focusing on SHA-2 and RIPEMD-160 compression functions. The proposal aims to address current pricing inefficiencies that may give attackers advantages over honest users.
EIP-7938 Proposes Exponential Gas Limit Increase for Ethereum
Discussion around EIP-7938 which proposes increasing Ethereum's gas limit to achieve higher TPS. The proposal aims to improve network capacity for better dapp composability, though concerns are raised about finality times and competition with Layer 2 solutions.
Developer Tools & SDKs
Solidity 0.8.30 Release Announcement
Release of Solidity Compiler v0.8.30, a maintenance update that changes the default EVM version from Cancun to Prague in preparation for the upcoming Pectra Ethereum network upgrade scheduled for May 7, 2025.
Paginated getLogs Proposal Aims to Improve Event Indexing
A proposal has been made to improve Ethereum's event indexing capabilities by introducing paginated getLogs functionality. The proposal aims to address issues like lack of cursors, reorg handling, and block range limits. The motivation comes from challenges faced when building protocol indexers.
Other
Wrapped Bitcoin Now Live on Solana
WBTC has launched natively on Solana blockchain, enabling direct Bitcoin liquidity for trading and cross-chain transfers.