🚀 Ethereum Updates: Key Takeaways from Developer Calls
Fueling Ethereum's Future, One Update at a Time!
Hello Ethereum enthusiasts! 🌐 Here's your one-stop update on the latest from Ethereum's All Core Developers Execution (ACDE) Call #201 and All Core Developers Consensus (ACDC) Call #146.
Let’s dive into the highlights and key decisions shaping the future of Ethereum.
Pectra Upgrade: The Next Big Thing for Ethereum 🚀
Ethereum developers are gearing up for the much-anticipated Pectra Upgrade. Here's what's in store:
1️⃣ EIP 7623: Increased Calldata Costs
After much debate, developers approved EIP 7623 for Pectra. This change will optimize calldata costs but stirred controversy among some teams. Expect further discussions in the next ACD call.
2️⃣ EIP 7762: Delayed for Now
EIP 7762, which proposes a higher base fee for blob transactions, didn’t make it into Pectra due to limited consensus. The topic will resurface after rollup feedback is gathered.
3️⃣ EIP 7639: Pre-Merge History Expiry
Developers are targeting May 1, 2025, to drop pre-Merge block data, freeing up hundreds of gigabytes on Ethereum nodes. This step is pivotal for enabling full history expiry, as outlined in EIP 4444.
4️⃣ Blob Fee Market Updates
While the blob fee mechanism remains under scrutiny, incremental changes, like raising the base fee for blobs, may come in future upgrades like Fusaka.
Mekong Testnet: Recovering from Disruption 🛠️
The Mekong testnet faced a significant bug earlier this month, disrupting validator deposits. Thanks to quick fixes from the Grandine team, the network is back to 97% validator participation. However, Nimbus and EthereumJS clients still need attention.
ACDE Process Improvements 🎯
Tim Beiko, Ethereum Foundation Protocol Support Lead, announced enhancements to streamline the ACD process:
"Declined for Inclusion" Labels: To clarify EIPs rejected for specific upgrades.
Better Meta EIP Coordination: Listing non-consensus changes for smoother collaboration.
Devnet Inclusion Rules: Addressing inconsistencies in EIP testing stages.
Holiday Schedule: Mark Your Calendars 📅
Here’s how Ethereum development will flow during the holidays:
✅ December 23: Testing call proceeds as scheduled.
❌ December 26 & December 30: ACDE & testing calls canceled.
✅ January 2: Pectra testing call replaces the usual ACDC meeting.
What’s Next? 🎉
Developers are laser-focused on finalizing Pectra Devnet 5 specifications before the holidays. Key points include:
EIP 7742: Decoupling blob limits across Consensus and Execution layers.
EIP 7691: Doubling blob throughput from 3/6 to 6/9.
EIP 4803: Introducing a gas limit cap.
Why It Matters 🌟
The Ethereum ecosystem is evolving rapidly, addressing scalability, efficiency, and usability challenges. These updates are paving the way for better rollup experiences, streamlined testing processes, and more robust network infrastructure.
Stay tuned for more updates as Ethereum inches closer to another major milestone! 🎉
👉 What’s your take on the Pectra Upgrade and its proposed changes? Let us know in the comments!
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