#it just would be easier for me to concentate on my work instead of people who do not care for me

[evanvanness]

Annotated edition, Week in Ethereum News, Jan 19, 2020

This is the 6th of 6 annotated editions that I promised myself to do.  

Like last week, it’s an opportunity to shill my Gitcoin grant page.  Right now a 1 DAI (you can give ETH or any token) has an insane matching.  Where else can you get a 150x return on a buck?

There’s about 24 hours left at the time this was published.  

I shared on Twitter the graph of my subscriber count for the last 90 days:

The newsletter has gotten big enough to the point where the subscriber churn is enough to force negative days.  It used to be that the day I sent the email, I’d get 90% of my new subs for the week from posting on Reddit.  Now Reddit is saturated, and the number only goes up because of the long tail of word of mouth - which seems to be mostly seeded by the RTs of people who make the weekly most clicked as I post it to Twitter.

It’s clear that I’ve mostly bumped up against the ceiling of people who are willing to subscribe to a tech-heavy Eth newsletter.   Perhaps there are other marketing channels, but seems unlikely to find people who want a newsletter, even if they are Eth devs.

This annotated version is an attempt to test whether writing for a larger audience would succeed.  I think to some degree it has, but I also haven’t done a great job of contextualizing, nor adding narratives.  Still working on it.

Eth1

Notes from the latest eth1 research call. How to get to binary tries.

Guillaume Ballet argues for WASM precompiles for better eth1 to prepare for eth2

StarkWare mainnet tests find that a much bigger block size does not affect uncle rate and argues that a further decrease in gas for transaction data would be warranted

Guide to running Geth/Parity node or eth2 Prysm/Lighthouse testnet on Raspberry Pi4

Nethermind v1.4.8

Eth1 is moving toward a stateless model like Eth2 will have.  This will help make Eth1 easier to seamlessly port into eth2 when phase 1 is live.

In the meantime, people are figuring out what makes sense.  Is it WASM precompiles?  Will client devs agree to it? 

StarkWare wants to reduce the gas cost again, which would make rollup even cheaper and provide more transaction scalability. 

Eth2

The incentives for good behavior and whistleblowing in Eth2 staking

Danny Ryan’s quick Eth2 update – updated docs explaining the spec currently under audit

Options for eth1 to eth2 bridges and phase1 fee market

Simulation environment for eth2 economics

Ryuya Nakamura proposes the subjective finality gadget

Lighthouse client update – 40x speedup in fork choice, 4x database speedup, faster BLS

Prysmatic client update – testnet with mainnet config

A guide to staking on Prysmatic’s testnet

How to build the Nimbus client on Android

Evaluating Eth2 staking pool options

If you’re going to read one post this week in full, the “incentives for good behavior” is probably the one.  This isn’t new info, but it’s nicely packaged up and with the spec under audit, this is very likely to be the final info.  This answers many of the questions that people come to Reddit and ask.

Danny Ryan’s quick updates are also packed full of info.   

the spec is out for audit.  the documentation all got overhauled to explain the decisions -- ie, things needed for an audit -- with the expectation of a post-audit spec in early March.  Obviously we hope for minimal changes and then set a plan for lunch.

There’s been lots of talk about how long we need to run testnets for, but i think it’s quite clear that anything more than a month or so of testnets is overkill.  We’ve had various testnets for months, the testnets will get increasingly multi-client, including from genesis.  Phase 0 is going to be in production but not doing anything in production - a bit like the original release of Frontier in July 2015.

We should push to launch soon.  Problems can be hardforked away and the expectations should be very similar to the launch of Frontier.

Layer2

Plasma Group -> Optimism, raises round from Paradigm/ideo for optimistic rollups

Auctioning transaction ordering rights to re-align miner incentives

A writeup of Interstate Network’s optimistic rollup

Plasma Group changed their name to Optimism and raised a round.  It’s hardly a secret that layer2 has been a frustration in Bitcoin/Ethereum for years, with no solution reaching critical mass, and sidechains simply trading off decentralization/trustlessness.   Plasma Group decided to go for rollup instead of Plasma, due to the relative ease of doing fully EVM through optimistic rollup.  Respect to Paradigm for having conviction and leading the round, as well as IDEO.  

The auctioning of ordering rights is part of their solution.

Also cool is Interstate Network, who is building something similar.  I’m unclear why they decided to launch with a writeup on Gitcoin grants, but it is worthy of supporting.

Stuff for developers

Truffle v5.1.9, now Istanbul compatible.

Truffle’s experimental console.log

New features in Embark v5

SolUI: generate IPFS UIs for your Solidity code. akin to oneclickdapp.com

BokkyPooBah’s Red-Black binary search tree library and DateTime library updated to Solidity v0.6

Overhauled OpenZeppelin docs

Exploring commit/reveal schemes

Using the MythX plugin with Remix

Training materials for Slither, Echidna, and Manticore from Trail of Bits

Soon you’ll need to pay for EthGasStation’s API

As of Feb 15, you’ll need a key for Etherscan’s API

Hard to miss the “time to get a key” for the API trend.  But to be fair, it makes sense to require keys.  It’s not surprising that providing it for free is not a business model.

Ecosystem

Gavin Andresen loves Tornado.Cash and published some thoughts on making a wallet on top of Tornado Cash

MarketingDAO is open for proposals

Almonit.eth.link launches, a search engine for ENS + IPFS dweb

Build token pop-up economies with the BurnerFactory

Tornado.cash is such a huge thing for our ecosystem that I feel no problem highlighting it forever.   The complete lack of privacy isn’t 100% solved, but if you care about your privacy, Tornado Cash is super easy to use.  I’ve said it before, but participating in Tornado is a public good -- you’re increasing the anonymity set.

The dweb using ENS and IPFS is interesting, worth watching to see how it evolves, though currently it only has 100 sites.

I hope to see more pop-up economies happen.  It’s a great way to onboard people and give a better glimpse of the future than making people wait an hour for transactions to confirm.  

Enterprise

EEA testnet launch running Whiteblock’s Genesis testing platform

Plugin APIs in Hyperledger Besu

Privacy and blockchains primer aimed at enterprise

A massive list of corporations building on Ethereum

Sacramento Kings using Treum supply chain tracking to authenticate player equipment

Neat to see the Kings experimenting with new tech, even if in small ways.

Meanwhile that list of building on Ethereum has 700+ RTs at the moment.  Goes to the MarketingDAO above - there are many ETH holders who feel like Ethereum is undermarketed.

Governance and standards

EIP2464: eth/65 transaction annoucements and retrievals

ERC2462: interface standard for EVM networks

ERC2470: Singleton Factory

bZxDAO: proposed 3 branch structure to decentralize bZx

Application layer

Livepeer upgrades to Streamflow release – GPU miners can transcode video with negligible loss of hashpower so video transcoding gets cheaper

Molecule is live on mainnet with a bonding curve for a clinical trial for Psilocybin microdoses

Liquidators: the secret whales helping DeFi function. Good walkthrough of DeFi network keepers.

Curve: a uniswap-like exchange for stablecoins, currently USDC<>DAI

New Golem release has Concent on mainnet, new usage marketplace, and Task API on testnet

Gitcoin as social network

rTrees. Plant trees with your rDai

In typical Livepeer fashion, they didn’t hype up their release very much, but I think Streamflow could end up being very big. They think they can get the price point down for transcoders to being cheaper than centralized transcoders.  How? Because GPU miners want to make more money and GPU miners can add a few transcoding streams with negligible loss of hashpower.  This will become even more crucial when ETH moves to proof of stake, and miners will need to get more out of their hardware.

Lots of people loved rTrees.  As a guy who has done all the CFA exams, I have had the time value of money drilled into me too much to ever think of anything as “no loss” but people love the concept.

Psychedelic microdosing and tech has become a thing.  Tim Ferriss led fundraising a Johns Hopkins psychedelic research center, it will be interesting to see if Molecule becomes a hit in the tech community outside crypto.

Tokens/Business/Regulation

The case for a trillion dollar ETH market cap

Continuous Securities Offering handbook

The SEC does not like IEOs

Former CFTC Chair Giancarlo and Accenture to push for a blockchain USD

Tokenizing yourself (selling your time/service via token) was all the rage this week, kicked off by Peter Pan. Here’s a guide to tokenizing yourself

Avastars: generative digital art from NFTs

Speaking of the Eth community wanting more marketing, the trillion dollar market cap piece was the most clicked this week.

If you haven’t checked out Continuous Securities, it’s a neat idea.  

The tokenizing yourself trend is easy to laugh at or dismiss, but they’re some small experiments that are worth watching.

General

Chris Dixon: Inside-out vs outside-in tech adoption

baby snark: Andrew Miller’s tutorial on implementation and soundness proof of a simple SNARK

Blake3 hash function

Justin Drake explains polynomial commitments

New bounty (3000 USD) for improving cryptanalysis on the Legendre PR

Mona El Isa’s a day in the life for asset management in 2030. We need more web3 science fiction

SciFi and zero knowledge (”moon math” as it occasionally gets called) section.  

SciFi shows us the future, and zero knowledge solutions increasingly aren’t just the future, but also the present.

Full Week in Ethereum News post

#Ethereum