ETH DailyJP Morgan Buys $102m BMNR Shares
J.P. Morgan acquired 1,974,144 shares of BitMine Immersion Technologies Inc. (BMNR), the world’s largest Ethereum treasury company.
ETH DailySuccinct Announces $PROVE Airdrop
$PROVE is the native token of the Succinct Prover Network and will serve as payment for generating proofs, economic security through staking and slashing, and governance.
ETH DailyEigenDA Launches On Holesky Testnet
Restakers, operators, rollup sequencers, and full nodes can now interact with EigenLayer on Holesky.
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ETH DailyL2Beat Outlines Fraud Proof Trilemma
L2Beat outlines the Fraud Proof Trilemma.
Polynomial introduces Trade 2.0.
Upgrading an OP Stack chain into ZK.
34 million ETH is now staked on Ethereum.
L2Beat, an L2 analytics platform, published an article detailing the current state of fraud proof systems in optimistic rollups. The article introduces the "fraud proof trilemma," which highlights the trade-offs between safety, decentralization, and promptness in fraud proof systems. L2Beat points out that optimistic rollups are vulnerable to resource exhaustion attacks, where attackers might economically outlast honest challengers. The article also discusses the importance of the challenge period length, emphasizing the need to provide sufficient time for challengers to contest invalid state roots. Despite the economic incentive challenges faced by fraud-proof systems, they remain relevant because they currently offer greater scalability and lower costs compared to existing ZK rollups.
L2Beat outlines the Fraud Proof Trilemma.
Polynomial introduces Trade 2.0.
Upgrading an OP Stack chain into ZK.
34 million ETH is now staked on Ethereum.
L2Beat, an L2 analytics platform, published an article detailing the current state of fraud proof systems in optimistic rollups. The article introduces the "fraud proof trilemma," which highlights the trade-offs between safety, decentralization, and promptness in fraud proof systems. L2Beat points out that optimistic rollups are vulnerable to resource exhaustion attacks, where attackers might economically outlast honest challengers. The article also discusses the importance of the challenge period length, emphasizing the need to provide sufficient time for challengers to contest invalid state roots. Despite the economic incentive challenges faced by fraud-proof systems, they remain relevant because they currently offer greater scalability and lower costs compared to existing ZK rollups.
Support ETH Daily
ETH DailyL2Beat Outlines Fraud Proof Trilemma
Subscribe to ETH Daily
A daily briefing on the latest in Ethereum. Learn about Ethereum, DeFi, staking, and ZK.
ETH DailyJP Morgan Buys $102m BMNR Shares
J.P. Morgan acquired 1,974,144 shares of BitMine Immersion Technologies Inc. (BMNR), the world’s largest Ethereum treasury company.
ETH DailySuccinct Announces $PROVE Airdrop
$PROVE is the native token of the Succinct Prover Network and will serve as payment for generating proofs, economic security through staking and slashing, and governance.
ETH DailyEigenDA Launches On Holesky Testnet
Restakers, operators, rollup sequencers, and full nodes can now interact with EigenLayer on Holesky.
Security auditor Zach Obront introduced OP Succinct, a new design for upgrading an OP Stack chain to a full ZK rollup with minimal changes. OP Stack chains currently post compressed transaction data to Layer 1 as blobs, and the system uses a dispute game to verify the state. The upgrade to a ZK rollup replaces the dispute game with a Zero-Knowledge (ZK) proof system, allowing anyone to post the rollup state by providing a validity proof. The transition process involves modifying contracts to verify ZK proofs, upgrading the op-proposer to manage and submit proofs, and implementing a zk-proposer that generates and verifies witness data using the Kona prover. The implementation is a collaborative effort between Succinct Labs and the OP Labs team.
34m ETH is now staked on Ethereum
Privy supports webhooks
Etherscan token standard checker
Vitalik: Ethereum has gotten stronger
Xatu CL P2P tables
Impact of EIP-4844
OP Retro Funding rounds
Security auditor Zach Obront introduced OP Succinct, a new design for upgrading an OP Stack chain to a full ZK rollup with minimal changes. OP Stack chains currently post compressed transaction data to Layer 1 as blobs, and the system uses a dispute game to verify the state. The upgrade to a ZK rollup replaces the dispute game with a Zero-Knowledge (ZK) proof system, allowing anyone to post the rollup state by providing a validity proof. The transition process involves modifying contracts to verify ZK proofs, upgrading the op-proposer to manage and submit proofs, and implementing a zk-proposer that generates and verifies witness data using the Kona prover. The implementation is a collaborative effort between Succinct Labs and the OP Labs team.
34m ETH is now staked on Ethereum
Privy supports webhooks
Etherscan token standard checker
Vitalik: Ethereum has gotten stronger
Xatu CL P2P tables
Impact of EIP-4844
OP Retro Funding rounds
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