EtherWorld Weekly: 30th November, 2024

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

EtherWorld Weekly: 30th November, 2024

Ethereum News

Introducing ‘Search by Author’ Feature on EIPsInsight

  • Tracking and exploring Ethereum proposals just got a whole lot easier. EtherWorld is thrilled to announce the latest update to EIPsInsight: the Search by Author feature.

Ethereum Layer 2s Achieve 51B Dollars TVL with a Stunning 205% Yearly Growth

  • Ethereum layer-2 (L2) networks have reached a new all-time high of more than 51.5 billion USD in cumulative total value locked (TVL).

Uniswap Hits Record 38B USD Monthly Volume on Ethereum L2s

  • Uniswap recorded $38 billion in November volume across Ethereum Layer 2s, driven by rising DeFi demand and on-chain yields. Arbitrum led with $19.5 billion, while Base followed with 13 billion USD, marking a potential resurgence for Ethereum's ecosystem.

Starknet Introduces Phase 1 Staking on Ethereum L2

  • Starknet's phased staking launch allows 20,000+ STRK holders to solo stake, with delegation for smaller token holders. This gradual rollout aims to enhance decentralization, governance, and network security.

Uniswap Launches Permissionless Bridging Across Nine Networks

  • Uniswap now offers in-app bridging via the Uniswap Interface and Wallet, enabling seamless asset transfers across nine networks using Across Protocol. This marks a major step toward Uniswap's vision for cross-chain swaps in a multi-chain ecosystem.

World News

Hong Kong’s Largest Digital Bank Launches Bitcoin and Ethereum Trading for Retail Users

  • ZA Bank now enables Hong Kong residents to trade Bitcoin and Ethereum using fiat through its app, following a risk assessment. Partnering with HashKey, this initiative bridges traditional banking with crypto under regulatory compliance.

Japan Smart Chain: Ethereum-Compatible Blockchain Built for Japanese Regulations

  • Japan Smart Chain (JSC) leverages Ethereum’s architecture, offering a sovereign blockchain that aligns with local regulations. By integrating Ethereum's proven security and scalability, JSC ensures seamless Web3 adoption in Japan while maintaining compliance, providing a strong foundation for decentralized applications and blockchain innovation in the region.

AltLayer Unveils GoPlus AVS Mainnet: The First Decentralized, Security-Focused AVS for Web3

  • AltLayer has launched the GoPlus AVS Mainnet, marking the first-ever decentralized, security-focused AVS powered by EigenLayer’s restaking mechanism. Designed to enhance Web3 security, it offers features like anti-phishing, token security analysis, and AML detection, ensuring faster, more secure transactions for over 12 million users.

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

EPD #15: Dappnode with Pol Lanski | Ecosystem Project Demo:

  • Dappnode is the easiest way to power Web3. By using Dappnode anyone can run decentralized networks like Ethereum and Bitcoin and earn rewards. Zero hassle, it just works.

EIP Editing Office Hour 47:

Why ETH is Permissionless Money!:

  • Ethereum Foundation researcher Mike Neuder joins us at the Bankless Summit with a really bullish articulation of what ETH and Ethereum is in 2024.
  • Mike Neuder explains why ETH is permissionless, why ETH is money and therefore why ETH is permissionless money.

Everything You Need to Know About AI & Crypto:

  • AI agents are reshaping the crypto landscape, from gaming to decentralized venture capital. This week, we explore groundbreaking developments in Crypto AI, including breaking news out of Ai16z’s meteoric rise (and fall?), GOAT, AIxbt, Virtuals, Zerebro, and Base vs. Solana.

What's the Best Way for Ethereum to Grow? Two Ethereans Debate:

  • In this episode, Martin Köppelmann, co-founder of Gnosis, and Justin Drake, researcher at the Ethereum Foundation, discuss the trade-offs of native and based rollups, execution capacity, and Ethereum’s ability to maintain its dominance. They debate how Ethereum should address fragmentation across rollups, whether ETH has strayed from its ultrasound money narrative, and whether its deliberate pace of innovation could make it vulnerable in an increasingly competitive landscape.
    Whose ideas will lead Ethereum out of this dark forest?

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:

Consensus Layer:

Events


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