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EIP-7742 Considered For Pectra

EIP-7742 aims to streamline the relationship between the consensus layer and the execution layer by removing redundancies.

Quick Take

  • EIP-7742 is CFI’d for Pectra.

  • Puffer Finance releases a roadmap update.

  • Gnosis considers changing its gas token.

  • Threshold Network proposes to migrate WBTC.



EIP-7742 Considered For Pectra

Ethereum core developers have added EIP-7742 to the list of EIPs considered for inclusion in the Pectra upgrade. EIP-7742 aims to streamline the relationship between the consensus layer and the execution layer by removing redundancies and enhancing flexibility in managing blob parameters. The proposal eliminates redundant blob maximum verification in the execution layer. EIP-7742 allows the execution layer to dynamically receive the blob target value from the consensus layer. The change not only facilitates more adaptable adjustments to the blob target value but also simplifies block construction by incorporating the target into the block header, ensuring security and protocol integrity.

Puffer Finance Roadmap Update

Puffer Finance, a liquid restaking infrastructure protocol, released its updated roadmap, detailing key milestones and upcoming developments such as the launch of UniFi AVS. Set to go live at the end of August, UniFi AVS aims to deliver fast transaction speeds. The UniFi Rollup Testnet, set to release in September, aims to tackle liquidity fragmentation and strengthen network neutrality. The upcoming Puffer V2 upgrade, scheduled for early Q4, will reduce validator bond requirements by 50% and enhance user experience. The release will coincide with the Token Generation Event (TGE) for the $PUFI governance token. Since its launch in February 2024, Puffer has accumulated over 500,000 ETH in Total Value Locked (TVL) and more than 5,000 active node operators.

Gnosis Considers Changing Gas Token

Gnosis Chain, an EVM-compatible chain using DAI as its gas token, is reconsidering its choice of gas token due to MakerDAO's rebrand into Sky and the subsequent migration of DAI to a new, more centralized stablecoin, called USDS. The change is problematic as USDS is not accessible to users in the UK and US and includes a "freeze" function that can blacklist wallet addresses. It could affect a user’s ability to pay gas fees on the Gnosis Chain. In response, Gnosis is exploring alternatives such as adopting decentralized stablecoins like RAI and LUSD, or using the GNO token as the gas token to better align with its decentralization ethos.

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