Fusaka upgrade live on mainnet, client diversity: Lighthouse 55%, Beacon chain 5th anniversary
Ecosystem
- 🦓 Fusaka upgrade live on mainnet:
- EthStaker watch party recording & POAPs; Song a Day: Ok Fusaka
- Prysm (consensus layer client) issue caused ~20% drop in participation, network recovered after config flag workaround used by affected nodes
- Headliner: EIP7594 PeerDAS, allows 8x blobs as nodes only store 1/8 data
- EIP7892 blob parameter only upgrades (BPOs) increase blobs gradually
- Client diversity:
- Consensus layer: ⚠️ Lighthouse 55%
- Execution layer: Geth ~41%, Nethermind ~38% (estimated from self reports)
- Beacon chain 5th anniversary 🎂
- EF Ecosystem Support Program Q3 allocations, 80 projects shared $14.3M
- ETH metrics:
Sponsor: MetaMask
Snaps are apps that customize your wallet experience and let you add new features and functionalities to MetaMask.
Enterprise
- Vanguard allows trading of select third party crypto ETFs & mutual funds
- WisdomTree Lido staked Ether ETP
Applications
- Aave x CoW Swap: better prices & MEV protection
- Aave voted to remove USDS as collateral
- Startale USD (USDSC) stablecoin native to Soneium (Sony Block Solutions Labs rollup)
- MetaMask Transaction Shield (subscription): coverage (up to $10k) for transactions deemed safe & priority support, browser extension only
- Address.vision POAP display for ENS addresses
Developers
- Solidity (language)
- v0.8.31:
- Fusaka support: osaka default EVM version & CLZ opcode
- Constants in storage layout specifiers
- Deprecation warnings for address send/transfer, ABI coder v1, virtual modifiers, contract comparison operators & memory safe assembly annotation
- Solidity summit (Devconnect) recordings & slides
- v0.8.31:
- Hardhat (dev framework) Fusaka support enabled manually in network config
- Ethers.js v6.16.0 (client library): Fusaka support for EIP7594 PeerDAS cell proofs
- FloatLib (Solidity/Vyper): high-precision floating-point math library
- Enscribe: name contracts with Basenames
- Icon registry: mainnet repository of PNG icons
- Application layer standards (ERCs):
Security
- Yearn: $9M exploit of yETH stableswap pool, post mortem; $2.4M recovered
- Anthropic: AI agents found exploits in ~50% of previously exploited contracts
All core devs (main protocol calls)
All core devs - execution (ACDE) #225
- Fusaka upgrade:
- Post upgrade issues: Prysm plan client release & post mortem next week
- Glamsterdam upgrade (targeting June 2026):
- Non-headliner scoping: categorized shortlist (from last ACDE)
- Considered for Inclusion:
- Execution layer non-headliner candidates still to be decided at next ACDE:
- Declined for Inclusion:
- Repricing: EIP8011 multidimensional metering; EIP8053 & EIP8059 high-precision metering; EIP8057 inter-block temporal locality discounts
- Opcodes: EIP7791 GAS2ETH; EIP7819 SETDELEGATE; EIP7979 call & return; EIP8013 static relative jumps & calls
- Cryptography: EIP7619 Falcon512; EIP7932 secondary signature algorithms; EIP8030 P256 transactions
- Pureth: EIP6404 SSZ transactions; EIP6466 SSZ receipts
- Heka + Bogota upgrade
- EIP7805 FOCIL: ACDC to decide whether to set as Scheduled for Inclusion before headliner selection, potentially impacting other candidates e.g. 6 second slots
All Core Devs - Testing (ACDT) #62
- Gas limit increases:
- 75M next safe level: block receipts could exceed message size cap at ~83M
- 100M possible after implementation/rollout of EIP7975 eth/70 - partial block receipt lists, potentially in late January/February
- EIP7872 max blob flag for local builders: ideally include before next phase of BPOs
- Engine API proposal to switch to SSZ to reduce time spent decoding JSON, need benchmarks
Layer 1
- Fusaka upgrade:
- STEEL mainnet testing: execution layer functionality complete
- ethPandaOps PeerDAS custody monitoring: verifies peers are storing blob data
- Heka + Bogotá upgrade:
- EIP7805 FOCIL breakout #24
- Heka + Bogotá portmanteau: signal your favorite
- Erigon historical proofs data model, efficient indexing for historical MPT proofs
- Lean consensus:
- Protocol Guild Q4 membership update: 23 new members & 14 alumni
- ETHClient summit (Devconnect) videos
- Ethereum improvement proposals (EIPs)
- EIP8094: eth/vhash - blob-aware mempool
- EIP8096: Increase gas cost of point evaluation
- EIP8099: MEVless protocol
- EIP summit (Devconnect) videos
Staking
- Staking marketshare: Lido 24.4% [Note: dual governance]
- Client releases:
Layer 2
- Etherealize: L2 ecosystem for institutions [PDF]
- OP Stack Jovian upgrade: data availability limit to prevent spam & priority fee auctions and configurable minimum base fee (disabled by default)
- Linea (ZK rollup) Fusaka upgrade
- Aztec (privacy ZK rollup) token for staking, governance & network fees; sale uses Uniswap’s continuous clearing auctions and excludes UK
Regulation
- US House Republicans: operation choke point 2.0, crypto debanking by previous administration
- US SEC: Citadel Securities (Ken Griffin) input to tokenized equity trading
- UK Property (digital assets) act: crypto & NFTs recognized as personal property
General
- Security Alliance: fake support on Telegram used to deploy crypto drainers
- React Server Components remote code execution vulnerability, upgrade to fixed versions
- X402hz: payments over sound, proof of concept
Editor: @abcoathup
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