Over 3.3k subscribers
Core developers consider splitting Pectra into two forks.
Coinbase launches cbBTC.
Proposal to deploy Treasure Chain on ZK Stack.
Aragon introduces gasless onchain voting.
Ethereum core developers are considering whether to split the upcoming Pectra upgrade into two separate hard forks, aiming to accelerate deployment compared to a prolonged timeline for a single large fork. Pectra, as currently planned, is the largest fork in Ethereum's history, with 20 EIPs scheduled for inclusion. A split would enable developers to ship the EIPs currently in Devnet3 as part of the first Pectra upgrade in early Q1 2025, with the remaining EIPs will postponed to the Fusaka hard fork. Core developer Alex Stokes advocated for the split, arguing that smaller forks reduce development time and security risks. ACD lead Tim Beiko asked client teams to form a position on whether to split Pectra ahead of the next ACDC call, where a decision will be made.
Coinbase launched cbBTC, a wrapped version of Bitcoin backed 1:1 by Bitcoin held by Coinbase. As an ERC-20 token on Base and Ethereum, cbBTC enables Bitcoin holders to access the broader DeFi ecosystem, including Aerdrome, Aave, Compund, and Spark. Users can easily convert BTC to cbBTC through Coinbase. To convert, users can send Bitcoin on Base or Ethereum from their Coinbase account, and Coinbase automatically converts it into the cbBTC token. If users want to unwrap cbBTC, sending it back to Coinbase will convert it back to Bitcoin. cbBTC does not have a separate order book on Coinbase.
ZKsync proposed for TreasureDAO, the leading gaming platform on Arbitrum, to deploy its gaming-focused rollup as an Elastic Chain on the ZK Stack. ZKsync says it will provide technical support, strategic assistance, and access to a dedicated team for Treasure. ZKSync aims to offer unified liquidity and seamless UX for users. The Treasure L2 aims to serve as a decentralized gaming console. MAGIC, Treasure's native token, will be used for fee payments and underpinning economic security. ZKsync will host an AMA with TreasureDAO to discuss the potential of Treasure L2 as an Elastic Chain.
DAO infrastructure provider Aragon introduced support for gasless onchain voting as part of its multichain governance plugin, enabling DAO members to vote onchain without incurring gas fees The implementation is powered by LayerZero V2, ZKsync’s account abstraction, and txSync’s Tsuko paymaster. The plugin allows DAOs to designate any EVM chain for voting, while LayerZero seamlessly aggregates votes back to the source chain.
