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ETH Weekly | Goerli test network plans to upgrade Shanghai on March 14; account abstraction proposal EIP-4337 core contract has passed the audit (2.27-3.5)

秦晓峰
Odaily资深作者
@QinXiaofeng888
This article is about 4221 words, reading the full article takes about 7 minutes
The ConsenSys zkEVM rollup public testnet will go live on March 28th.
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The ConsenSys zkEVM rollup public testnet will go live on March 28th.

1. Overall overview

1. Overall overview

Ethereum developers agreed on a target date in a biweekly call on Thursday, planning to have the Goerli testnet complete the Shanghai upgrade on March 14; Ethereum's main blockchain will undergo Shapella 3-4 weeks after Goerli The upgrade, which means ETH staking withdrawals will take place in April, is a slight delay from the original March schedule set by ethereum developers.

Second, the secondary market

Second, the secondary market

1. Spot market

image description

ETH daily chart via OKX

The daily chart shows that the price is currently consolidating around $1,550, and the support is at $1,550. If the support is valid, it is expected to continue to hit $1,600; the price may continue to test $1,500 in the short term.

2. Network operation

etherchain.org3. Large transaction

3. Large transaction

OKlink data4. Rich list address

4. Rich list address

OKlink data3. Ecology and technology

3. Ecology and technology

1. Technological progress

1. Technological progress

(1) The Ethereum Goerli testnet is scheduled to be upgraded in Shanghai on March 14, and the mainnet will be upgraded in 3 to 4 weeks

Ethereum developers plan to have the Goerli testnet complete the Shanghai upgrade on March 14, with developers agreeing on a target date during a biweekly call on Thursday. All that’s left after the Goerli test is for ethereum developers to set an upgrade date for the mainnet. Goerli’s test will be highly watched as it is the largest public ethereum testnet and the last chance for staking providers to ensure staked ETH can be withdrawn before it hits mainnet in Shanghai. (The Shanghai upgrade is also known as Shapella.) The Sepolia testnet passed Shapella earlier this week, and ethereum developers say everything is running smoothly.

At Thursday's Executive Layer 156 meeting, ethereum core developers expressed general consensus that ethereum's main blockchain will undergo a Shapella upgrade 3-4 weeks after Goerli, implying an ETH staking withdrawal in April. This is a slight delay from the original March schedule set by ethereum developers. (CoinDesk)

(2) Ethereum Account Abstraction Proposal EIP-4337 The core contract has passed the audit and will be provided on the EVM compatible network

The Ethereum account abstraction proposal EIP-4337 co-author yoav.eth announced that the core contract of the new Ethereum account abstraction proposal ERC-4337 has been audited by Open Zeppelin and will be available on every Ethereum virtual machine (EVM) compatible network Available, including Polygon, Optimism, Arbitrum, BNB Chain, Avalanche, and Gnosis Chain.

It is reported that Account Abstraction aims to reduce complexity and improve effectiveness by omitting unnecessary details in the Ethereum account system, eliminating the need for EOA and special handling of smart contract wallets. It also allows for the use of two-factor authentication, signing transactions on your phone using a fingerprint or facial scan, setting monthly spending limits on accounts, and more. (Cointelegraph)

Alex Stokes, the initiator of EIP-4895, tweeted that the Ethereum Sepolia testnet has activated the Shapella upgrade, and so far it seems to be going well. According to previous reports, the core developers of the Ethereum blockchain plan to upgrade Shanghai+Capella on the Sepolia test network at epoch 56832 on February 28. Shanghai+Capella, also known as Shapella, is designed to allow ETH withdrawals from network validators, a feature that was not enabled during the network’s transition to PoS consensus (the “merge”). This upgrade combines changes to the execution layer (Shanghai) and the consensus layer (Capella).

2. Voice of the Community

2. Voice of the Community

V God: Simple and fully functional UI is important for wallet adoption

Vitalik Buterin posted a post to share his personal user experience with crypto wallets. Besides the most important issue of high transaction fees due to scaling that has not been fully resolved, user experience is a key reason why many Ethereum users often choose centralized solutions over on-chain decentralized alternatives, Vitalik said. Decentralized alternatives put power in the hands of users.

Vitalik said that the user experience has improved tremendously over the years — notably from the average transaction taking minutes before EIP-1559 to seconds after EIP-1559 and the merger, and how easy it is to use Ethereum. Huge changes happen. But there is still more work to be done. A clean and uncluttered UI is better than one that presents the user with more details, at least making it easier for the user to understand what's going on and fix any issues that arise.

Ethereum core developer Tim Beiko tweeted: "The Goerli testnet will eventually be shut down. In the future, testnets including Sepolia can mint more ETH. Hope to include more addresses in the genesis file of the testnet."

3. Project trends

3. Project trends

(1) The Ethereum Foundation launches account abstraction related project funding activities

The Ethereum Foundation announced a new round of funding between February 27th and March 31st, 2023 to encourage development, research, and education around account abstraction and the necessary infrastructure to support it, including webauthn transaction verification, account abstraction Block Explorer, Bundler, P2P Messaging, Sequencer RPC, etc. It is reported that the purpose of this round of grants is to promote and launch multiple new projects related to account abstraction. Individual proposals have a budget capped at $50,000, and projects can apply to the Standard Grants Program for additional funding.

(2) The Ethereum expansion project Scroll has launched the Alpha testnet on Goerli

The Ethereum expansion project Scroll announced that its Alpha test network is now live on Goerli, and any user can participate in its technical testing without permission. Additionally, Scroll is committed to iterating and improving the performance of the zkEVM in the coming months.

(3) Optimism Goerli will undergo a hard fork upgrade in mid-March, developers need to update nodes in time

Optimism, the second-layer solution of Ethereum, said that the hard fork of Optimism Goerli is planned to be released in March, and the exact time will be announced next week. This upgrade will improve the development experience of Bedrock by fixing the inconsistency of certain system transaction receipts in the API. . Although the bug is developer-facing and does not affect user funds, it does require a fork to fix. In preparation for this upgrade, op-geth and op-node updates will be released in early March, followed by activation of the fork in mid-March.

Users do not need to take any action and experience no interruption or downtime. Partners and project running nodes on Optimism Goerli will need to upgrade their nodes when op-geth and op-node updates are released.

(4) The Compound community initiates a proposal to deploy Compound v3 to Arbitrum

According to relevant page information, the Compound community initiated a proposal to deploy Compound v3 to Arbitrum. The proposal was initiated by Penn Blockchain (FranklinDAO). According to the proposal, from the perspective of TVL and real-time dApp data, Arbitrum is the leading Ethereum Layer 2 network, and the deployment of Compound v3 to Arbitrum will be an important step in the development of the protocol.

(5) The ETH pledged APR of the Ethereum beacon chain fell to 3.6%, and has continued to decline in the past three months

According to data from the official website of Ethereum, the APR (annual rate of return) of ETH pledged on the Ethereum beacon chain has dropped again, and it has now dropped to 3.6%. It has been in a downward trend for the past three months. Historical data shows that the indicator fell below 4% on November 14, 2022 and fell to 3.8% on November 28, before falling to 3.7% on January 23, 2023. In addition, the total number of validators on the current Ethereum Beacon Chain has exceeded 530,000, reaching 530,774

(6) Lido's proposal on V2 version upgrade has been opened for voting

Lido's proposal on the V2 version upgrade has been opened for voting. The V2 version upgrade will include support for Ethereum withdrawals and a pledge router. At present, several security agencies are auditing the code. If the proposal is passed, Lido plans to test it on the Goerli testnet from March 7th to 31st. The deployment of the V2 version on the main network depends on the upgrade time of Ethereum Shapella and the end of the audit.

(7) Option protocol Thales has extended staking services to Arbitrum

Synthetix ecological options protocol Thales has extended staking services to Arbitrum. Thales currently supports the Ethereum mainnet, Optimism, and Arbitrum. For each staking period (starting every Wednesday), THALES base rewards and bonus rewards are given. The basic reward is 20,000 THALES, which is distributed proportionally to all stakers of the weekly epoch on the Arbitrum chain. The Bonus reward is 10,000 THALES, which is distributed proportionally to users who use products built on Arbitrum.

(8) Arbitrum launched a new transaction ordering strategy proposal, intending to add time weight to the current "first come, first served" strategy

Arbitrum, the second-layer network of Ethereum, released a new proposal, proposing a modified transaction ordering strategy for the Arbitrum sequencer (sequencer), adding a "time weight" (time boost) to the current first-come-first-served (FCFS) strategy, which will allow Users pay priority fees to gain small advantages, or "time weights," in multiple orders. It is reported that the proposal will not affect most users, but it can provide a better way to manage delayed transactions.
(9) The cross-chain liquidity protocol Symbiosis has deployed the governance token SIS to the BNB Chain

Symbiosis, a cross-chain liquidity protocol, has deployed its governance token SIS to BNB Chain, and related token use cases will also be realized on BNB Chain. As previously reported, in February of this year, the Symbiosis SIP-2 proposal was passed with 100% vote support. According to the proposal, the Symbiosis protocol functions to transfer SIS tokens from Ethereum to the BNB chain, deploy a new liquidity pool SIS/BNB on BNB, and implement veSIS logic on the BNB chain.

(10) Ethereum pledge protocol StakeWise announced the launch of the Atlantic test network

StakeWise, the Ethereum staking protocol, announced the launch of the Atlantic testnet to stress test some of the functions of StakeWise V3. Participation in the Atlantic testnet is limited to individuals and organizations with extensive experience operating blockchain infrastructure and who can provide timely feedback to the StakeWise development team. Currently, DAOs such as Foundry, Finoa Custody, Blockscape, Dappnode, Stakely, communities, and independent stakers are participating in the Atlantic testnet. StakeWise launched StakeWise V3 last year, which allows anyone who can run an Ethereum validator to participate in liquid staking and receive staking delegation from others.

(11) ConsenSys zkEVM rollup public testnet will be launched on March 28

ConsenSys has announced that it will release a rollup of its Zero-Knowledge Ethereum Virtual Machine (zkEVM) to a public testnet on March 28, allowing for stress testing of layer 2 scaling techniques. The testnet allows Solidity developers to build, test, and launch DApps while testing the zkEVM at scale. ConsenSys also aims to keep its zkEVM open source after release. The final upgrade will also initiate its audit and security processes to ensure that zkEVM is safe and secure ahead of the mainnet launch scheduled for later in 2023. ConsenSys is in discussions with key players in the Ethereum ecosystem to deploy and integrate its zkEVM testnet. (Cointelegraph)

(12) Uniswap released a self-hosted wallet, which has been rejected by Apple

But Apple refused to grant Uniswap’s request to list the app. A Uniswap spokesperson stated that "Apple has not approved our application for release and has not stated why - we have responded to their concerns, answered every question, and reiterated that we are 100% in line with their requirements." , the wallet does not yet have an Android version, which means the wallet remains largely unusable. The App is currently available to some users through TestFlight.

4. Borrowing

DeFiLlamaThe data shows that the value of collateral locked on the chain fell from $28.97 billion to $28.55 billion last week, a 1.4% drop for the week. Specifically, the amount of ETH mortgages rose from 17.66 million to 18.26 million last week, an increase of 3.3%. From the perspective of individual projects, the top three lock-up values ​​are: Lido $9.01 billion; MakerDAO $7 billion; Curve $4.62 billion.

4. News

4. News

(1) In February, the transaction volume of Ethereum NFT returned to above $1 billion, the highest record since May last year

According to data on the Ethereum chain for February released by Rebecca Stevens, a data researcher at The Block, the NFT transaction volume on the Ethereum chain returned to above $1 billion in February, setting the highest record since May 2022, with Blur dominating, But on-chain volume is less than half what it was in May last year. In addition, after Coinbase announced the launch of the Ethereum L2 network, new addresses and transaction volume indicators on the Optimism chain both rebounded. On February 26, more than 20,000 new addresses were added on the day. In terms of stablecoins, or due to regulatory impacts, the transaction volume of stablecoins on the Ethereum chain in February hit the lowest level since April 2022.

(2) Ethereum Devcon 7 will be held in Southeast Asia in 2024, and we are now calling for proposals as an alternative

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