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Latest eth dev call (ACDC) update:
• Devcun Goerli public is next year (might be mid January)
• March - Sassal's optimistic prediction for mainnet
• There are no hard timelines, testing requires more time
• Short-term pain of delays vs longterm gains
twitter.com/christine_dkim/status/1720434545793671320
• Gives L2s more time to update their stacks
• We want L2s to enable 4844 the moment it goes live
• Holidays are coming but Ethereum core devs are really passionate too
Ethereum's block usage:
• Block efficiency came post-Merge
• MEV has positives and negatives
• Block production tends to trend towards centralization
• MEV burn, etc aim to disincentivize centralization of block building
twitter.com/sui414/status/1721258824735375625
• We want Ethereum to continue being neutral
• There's a ceiling to MEV censorship due to economics (imagine censoring all uniswap transactions)
• We should not rely on economics only
• We should strive for credible neutrality
4 Major Changes that are coming to $RPL Tokenomics:
• This is a big topic of discussion with Rocket Pool
• Price volatility affects Node Operators (NO) significantly
• Spiral: when RPL price goes down, NO have to keep buying more to keep receiving the rewards
• The whole protocol has been going through many complex upgrades
• All the new changes are going to happen within 12-18 months
• Check out Jasper's thread for a more in-depth look👇
twitter.com/drjasper_eth/status/1720979922691187155
Aave Security Incident:
• Critical Aave vulnerability
• Guardian is a multisig
• Guardian was enacted to pause and freeze certain assets
• Multisig != DeFi, it's not as decentralized
twitter.com/aave/status/1720868368331219100
• Aave is one of the most decentralized defi protocols and they still use a guardian as a last resort
• It is like a social layer of Ethereum
• Aave has existed for long enough and has been audited so many times and critical bugs can still exist
• Guardian is the best-case scenario for security issues
• In theory, the Ethereum social layer can bail out critical bugs (happened with The DAO)
• Ethereum's social layer can bail out itself but is not going to bail out protocols that are building on top of it
• Aave was lucky that it wasn't a blackhat exploiting them
• Even white hat exploiting and announcing wouldn't be a great solution
• Aave guardian is a nice solution
• Postmortem will be released once the issue is fully resolved.
Onchain Anonymity & Trust with Ethereum Attestation Service (EAS):
• We need to have onchain identity without relying on KYC
• We need to keep the privacy at the same time
• Gives this article a read 👇
twitter.com/stevedakh/status/1721258523944763571
Crypto Assembly Conference:
• Sassal is going to be attending so no Refuel
• He's on a few panels there
• These conferences are really exciting and enriching
• You get to meet and connect with all like-minded people
• Nuanced and constructive talks
twitter.com/stevevallas/status/1721279323930612177
Found it too captivating and wanna hear all the details?
Check out the episode itself 👇