ethfinance

shiftli, (edited ) in Weekly General Discussion - July 17, 2023 <-> July 23, 2023
shiftli avatar

EthCC Day 4 recap

Wrapping up the conference from the train back home as good as I can (on-train wifi is spurious and seems to rate-limit youtube and social media).

Notable talks:

"Ethereum Protocol Fellowship: Becoming a core developer"
Mario Havel of the Ethereum Foundation talked about the fourth cohort of the EF fellowship for protocol level development. The application period for this round is over, but access to the program is permissionless and you can run along the selected participants and receive support and benefits if you have an interesting project to contribute.

informational blogpost: https://blog.ethereum.org/2023/06/01/ethereum-protocol-fellowship-fourth-apps-open
youtube: https://www.youtube.com/watch?v=je_hGsACRkk

"Real-time monitoring of your validators. For you and the ETH network!"
Emmanuel Nalepa (Ethereum Foundation Fellow / Kiln) showcased the software they developed for monitoring validator health and performance. Cool stuff, I can use that!

youtube: https://www.youtube.com/watch?v=SkyncLrME1g
github: https://github.com/kilnfi/eth-validator-watcher

"ETHcc meets QPL - a meeting between crypto and quantum"
A panel discussion of math and quantum geeks Fabrizio Genovese, Justin Drake, Stefano Goioso and Matty Hoban. Most of the discussion went over my head, but my key takeaways were: one-shot signatures could be another important cryptographic primitive for crypto, and while real quantum devices are still scarce a lot of computational optimizations have trickled down from the work on quantum computing to traditional math.

youtube: https://www.youtube.com/watch?v=FDIe9n8Qi2A

As indicated yesterday, I was getting fed up by the conference topics and decided to quit in the afternoon. Instead, I headed over across the Seine to https://impactblockchainconference.org/, a parallel conference under the "blockchain for good" umbrella for two panel discussions and an nft exhibition.

Summing it up, EthCC[6] has been a great experience and I want to applaud organizers, team, speakers and volunteers for what they have put together! If I would be asked for critical feedback, my only advise would be to not grow any bigger, as the vast amount of content from conference and side events combined was overwhelming.

For your reference, here are playlists for all the recordings grouped by room:

shiftli, in Weekly General Discussion - July 17, 2023 <-> July 23, 2023
shiftli avatar

(oof, nearly went to bed forgetting my crosspost from reddit)

Just got back from the ether.fi x obol x ethstaker x dappnode x avado side event at EthCC, so bear with me as I'm slightly drunk.

Met the one and only u/nixorokish and some other nice poap-wielding folks, we had a great time at Café de la Presse near Bastille.

Sooo, time for the holdrcon ethcc day 3 recap!

There were quite a few notable talks I want to share, thanks to the great recording crew they are all on youtube already:

"Ethereumverse... loading. Or: Why we NEED horizontal scaling"

Friederike Ernst of Gnosis (forgot which sub-company) made a case for scaling with l2-native dapps and assets that are not bridged from l1. I am impressed with what they are doing, a week ago I still held the narrative that Gnosis Chain is just an Ethereum testnet and suddenly they have a real world payment solution with visa and bank partnerships and more in the pipeline (e.g. the "hashi" cross-chain-communication protocol).

https://www.youtube.com/watch?v=9HDdLXY_pT0

"A Token Decentralization Journey Under Fraud, Rug Pulls and Scam Attacks: The OCEAN Story"

As part of the token engineering track, Trent Mcconaghy of Ocean Protocol gave an interesting insight on the evolution of the OCEAN token. Through several rounds of community feedback, emergency rugpull reactions and simulations using the self-developed "tokenSPICE" tool (analog circuit design anyone?) they arrived at a point where the protocol is close to fully decentralized and they can focus on pushing adoption. He also referenced a bunch of blog posts that might be an interesting read if you are designing a token model yourself.

https://www.youtube.com/watch?v=cQEqlPe8MJw

"zkEVMs - One year in"

Lea Schmitt of Scroll gave a good overview over the development of evm-compatible l2s since EthCC5. To me however, Scroll is still a mystery: who are they? do they have a community?

https://www.youtube.com/watch?v=maddK7ch0v0

"Reth: A new Rust Ethereum Client"

Georgios Konstantopoulos delivered a very confident pitch for the latest contender in the execution client playfield. After overcoming some challenges like incomplete API specs they now have an alpha version that can run mainnet and offers vastly improved performance over geth and nethermind and is designed as a moddable base for further development. Nice! Also, they seem to have really cool, focused team and look for contributors with a mentorship program to help onboarding.

https://www.youtube.com/watch?v=zntRpCKHyDc

"Next Gen Cross-Chain Bridges & How All Bridges Still Suck"

Today was a lot about l2s and bridges, but Daniel Lumi's talk was all you need for an overview over the different types of bridges and their weaknesses.

https://www.youtube.com/watch?v=EAkOHyWPI4o

Random observations:

  • the sponsor stalls in the "B" venue were swapped for a whole new groups of projects. This means new swag, and I loved to meet the POAP team, (ex. Gnosis) Safe and Gnosis pay. Not too thrilled about seeing "Neon EVM" (an evm compatible runtime on Solana) but whatever.
  • four days of EthCC is a lot, I'm actually considering bailing out tomorrow and visiting one of the side conferences (Impact Blockchain) for a change
  • traffic in Paris is surprisingly chill: only cars seem to follow rules while cyclists/pedestrians/rollerskaters/... do whatever they like. Still everybody seems to get along well, I wish it was the same back home...
refugeddit,

Reth team still has my suspicion on their intent. Considering their early days were less than honest. (They copied open source code and claimed it as their own) making erigon lose a coredev.

Other than that, thanks for the recap!

shiftli,
shiftli avatar

Ok, will have to read up on that, thanks for the info!

anon, in Weekly General Discussion - July 17, 2023 <-> July 23, 2023
anon avatar

For those who use both Lens and Farcast protocols, which one do you prefer, and why?

Bonus question - do you expect to see protocol convergence or consolidation at some point, or is the so-called Web3 social media market large enough to sustain independent communities?

anon, in Weekly General Discussion - July 17, 2023 <-> July 23, 2023
anon avatar

Last week, I reported that Intel was exiting the NUC business, with implications to ETH stakers. This week, I am happy to report that Intel has licensed the manufacturing, support, and future design of its NUC line to Asus, who will be picking up the torch. It means that stakers will continue to have a robust option for small-form-factor nodes.

https://www.servethehome.com/asus-and-intel-agree-on-deal-for-a-nuc-future/

fiah,
@fiah@discuss.tchncs.de avatar

I’d add that there are many more good options for small form factor nodes. Intel’s marketing for NUC worked well, but it’s still marketing. As if to prove my point, a colleague just walked in with the Dell Optiplex 7010, which would be a great option for a node if Dell could get their collective heads out of their asses and ship them as barebones, or if you can find someone to offload that useless stock 8GB of RAM / 256GB SSD on

jbm,
jbm avatar

Check out my post on my $35 Ethereum node/validator. I'm not done yet but you can follow the progress there.

https://caches.xyz/forums/discussion/building-a-35-open-source-ethereum-endpoint-node/

fiah,
@fiah@discuss.tchncs.de avatar

that’s very cool, I like stretching things further than they were meant to. But many people are busy and have more money than they have time, for them it makes a lot of sense to invest in hardware so that they don’t have to invest time

refugeddit, in Weekly General Discussion - July 17, 2023 <-> July 23, 2023

Slightly late, Ethereum!

refugeddit, in Weekly General Discussion - July 10, 2023 <-> July 16, 2023

21 million ETH staked, with another 80k validators pending.

We are gonna reach 1 million validators pretty quickly at this rate

T0Bii, in Weekly General Discussion - July 10, 2023 <-> July 16, 2023

Here's a nice overview of different lemmy UIs: https://blog.erlend.sh/lemmy-frontend-alternatives-are-popping-off

There are plenty more, and I'm positiv that in a month or two we'll have really good looking apps. (e.g. Artemis)

shiftli, in Weekly General Discussion - July 10, 2023 <-> July 16, 2023
shiftli avatar

I've only ever been using ethereum on desktop but now I want it on my android phone.

What is the preferred wallet there, Rainbow?

permissionless, in Weekly General Discussion - July 10, 2023 <-> July 16, 2023

For the record, we've topped $2K today. For that, we can thank... checks notes... XRP?

SilentJohn,
SilentJohn avatar

rip up 70% today. basically nonexistent fee revenue, 92% less value settled than Ethereum, any apps? What is it that XRP even does?

permissionless,

It's the finest vaporware in the land, of course!

haddockseyes, in Weekly General Discussion - July 10, 2023 <-> July 16, 2023

Is there something significant about the $1870 mark that's making us a stablecoin here?

anon, in Weekly General Discussion - July 10, 2023 <-> July 16, 2023
anon avatar

Intel is discontinuing its NUC line, after stopping its investments in the SSD/NVMe line in 2020. This is a loss for stakers who enjoyed Intel’s NUCs for their price/performance ratio. There are alternative OEMs of course - though Intel pioneered the form factor.

kbrot,
kbrot avatar

Yeah, AMD wiped Intel out this decade, including the low-end. You can pick up an AceMagician with a (relatively, for a node) monster 5600U and 16GB RAM for $250. Also great for parents/grandparents needing a new basic desktop!

jbm,
jbm avatar

I guess that is a pretty good deal if you want Grammy to be groomed and then radicalized by foreign adversaries into overthrowing the government by making all the Statespeople have a third plate even tho they already stuffed to the gills so all their guts explode inside their bodies.

SilentJohn, in Weekly General Discussion - July 10, 2023 <-> July 16, 2023
SilentJohn avatar

"NFT-Powered Dan Harmon Series 'Krapopolis' Finally Gets Premiere Date"

...a series of 10,420 NFTs that promised to offer some degree of show-related access to holders.

The collection has already generated 512 ETH, or over $957,726 at writing, in trading volume.

Krap Chicken NFT holders will be able to attend exclusive in-person events, vote on the show’s direction, and use eggs generated by their NFTs to purchase affiliated merchandise and digital goods—though details on those perks are still rather vague.

refugeddit, in Weekly General Discussion - July 10, 2023 <-> July 16, 2023

The same number of days has passed from the top of the 2017 bull run to the bottom of the Covid-2020 crash as compared to from the top of the 2021 bull run till today. Though if you consider the top is on November 2021, we still have about a few months away.

Why is this significant? Idk, if you're a believer of the 4 year cycles, then we may already be at the start of the next bull run

LaughingMime, in Weekly General Discussion - July 10, 2023 <-> July 16, 2023

Love you all so going to pass on eigenlayer alpha that will hurt my chance of getting in. If you don’t think their points system will eventuate into an airdrop, or are concerned about risks you should pass on this.

LST Staking cap raise is based on a timelock multisig, the one on the announcement channel is not it, the real one unlocks just over 36 hours from now.

Mods on discord seem pretty adamant it will go live very soon after the timelock and this would make sense as a whole bunch of people would get annoyed if it’s delayed to say Friday.

I’ll be staying up late to try, good luck beating the bots anons.

LaughingMime,

Made it in, gas immediately to 156 and pretty much immediately filled by whales. Minting those NFTs taught some good quickdraw skills.

permissionless, in Weekly General Discussion - July 10, 2023 <-> July 16, 2023

Grab that tumbleweed and put it back in the prop department! This town's big enough for all of us.

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