Christine Kim Profile picture
Jul 16 2 tweets 1 min read Read on X
gooood morning 🌞 @glxyresearch has dropped two new reports on staking,

the first dives into the risks and rewards of staking on ethereum and the second dives into the risks and rewards of REstaking on ethereum AND cosmos,

check out the full reports 👇
@glxyresearch the risks and rewards of staking:

the risks and rewards of restaking:
galaxy.com/insights/resea…
galaxy.com/insights/resea…

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More from @christine_dkim

Jun 6
pectra is shaping up to a BIG upgrade, possibly the largest in ethereum's history, so let's review all the code changes that are going into pectra so far and what is still TBD: ⚡️🧵
EL EIPs CONFIRMED FOR PRAGUE:
- EIP 2537
- EIP 2935
- EIP 7685
- EOF
- EIP 7702 Image
CL EIPS CONFIRMED FOR ELECTRA:
- EIP 6110
- EIP 7002
- EIP 7251
- EIP 7549
- PeerDAS (not incl. in the chart below b/c technically it doesn't require a hard fork, if it does end up being ready, they'll also change the blob count and that will have to be a new EIP) Image
Read 13 tweets
Oct 6, 2023
Yesterday, there was another Ethereum dev call. The primary focus of discussions on ACDC #119 was Cancun/Deneb testing, specifically:
- the status and health of the latest developer-focused testnet, Devnet-9,
- and timing for the launch of Devnet-10.

galaxy.com/insights/resea…
About the timing for the launch of Devnet-10, not all developers were confident that the next devnet could be launched in the next two weeks, especially given the fact that client teams are still discovering and resolving bugs on Devnet-9.
There was much discussion between developers about what the focus of testing should be on Devnet-10, outside of the validator churn, and what outcomes from Devnet-10 would warrant sufficient preparation for developers to move on to upgrading public Ethereum testnets.
Read 9 tweets
Jun 16, 2023
📬NEW REPORT ALERT 📬

This one is on EIP 4844, proto-danksharding, the most important code change going into the next Ethereum upgrade, Cancun/Deneb.

galaxy.com/research/insig… Image
At a high-level, EIP 4844 introduces a new transaction type, called blobs, increases the data and storage requirements of Ethereum blocks, and creates a new fee market for pricing blobs separately from regular transactions.
Additionally, proto-danksharding is a precursor and “prototype” of full danksharding which will enable existing Ethereum nodes to safely process several more blobs per block than the initial maximum set out by EIP 4844.
Read 18 tweets
Jun 16, 2023
gm, for anyone who missed yesterday's acdc call, here's a quick summary:

galaxy.com/research/insig…
On ACDC #111, developers discussed what CL-focused EIPs to include in Deneb. Deneb is the name of the CL upgrade that will occur simultaneously with the Cancun EL upgrade.

Last week, client teams finalized the scope of Cancun. Summary of last week's call:
galaxy.com/research/insig…
The 3 CL-focused EIPs that are being prepped for Deneb are:
- EIP 7044: A code change to improve the staking user experience by ensuring that signed validator exits are valid in perpetuity. The EIP proposed by @dapplion has been merged into Deneb specs.

github.com/ethereum/conse…
Read 15 tweets
May 17, 2023
Great podcast episode from @BanklessHQ today about the non-finality issues Ethereum faced last week. @preston_vanloon and @terencechain explained what happened and to the best of their knowledge why.

Read below for a TLDR of the episode 🧵

Full episode:
@BanklessHQ @preston_vanloon @terencechain *What happened?* Teku and Prysm validator nodes were receiving old attestations, that is votes on what the head of the chain should be, and evaluating the validity of these old attestations by replaying chain state.
@BanklessHQ @preston_vanloon @terencechain Replaying chain state is a computationally heavy operation. Teku and Prysm nodes that were experiencing high CPU loads were unable to process new attestations in a timely manner b/c they were bogged down with "valid but untimely attestations."
Read 18 tweets
May 12, 2023
This week, Ethereum developers came to consensus about a few outstanding issues related to EIP 4844 (proto-danksharding) implementation.

galaxy.com/research/insig…
1. Precompile input and output mismatch: @yperbasis, developer for the Erigon (EL) client, mentioned that the input format for the EIP 4844 precompile differs from its output. The input uses little-endian while the output uses big-endian.
@yperbasis Developers agreed to harmonize the output and input to both rely on big-endian, which is the default method for storage of multibyte data types on the EL.
Read 11 tweets

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