Cover photo

Danny Ryan Steps Away From L1 R&D

Over the past seven years, he has played a critical role in Ethereum’s development, notably the network's transition to proof-of-stake.

Quick Take

  • Danny Ryan steps away from his role at the EF.

  • ZKsync onchain governance goes live.

  • EF announces 4844 Data Challenge winners.


Danny Ryan Steps Away From EF

Long-time Ethereum researcher Danny Ryan announced that he is stepping down from his role at the Ethereum Foundation related to Ethereum L1 research and development. Ryan emphasized that his departure was personal as he plans to take a break to focus on his family and personal projects throughout the end of the year. Ryan urged the Ethereum community to build lasting, long-term value rather than chasing short-term gains. Over the past seven years, he has played a pivotal role in Ethereum’s development, notably leading its transition to proof-of-stake and most recently the introduction of PeerDAS. Ryan says he remains open to exploring part-time engagements next year.

ZK Governance Goes Live

Onchain governance for ZKsync is now live on Tally, enabling delegates to initiate proposals and execute upgrades. The governance system is categorized into three proposal types, including ZKsync Improvement Proposals (ZIPs), Token Program Proposals (TPPs), and Governance Advisory Proposals (GAPs). The minimum proposal threshold needed is 21 million ZK tokens. ZKsync governance consists of three key parts, including ZK token holders coined as the Token Assembly, a twelve-member ZKsync Security Council responsible for reviewing protocol upgrades, and the ZKsync Guardians, a group of five appointed individuals who can veto, initiate, and approve emergency measures.

4844 Data Challenge Winners

The Ethereum Foundation revealed the winners of its 4844 Data Challenge, a competition where data experts evaluated the impact of EIP-4844 on Ethereum. Ten finalists were selected to receive a portion of the $30,000 prize pool for their submissions. The top prize was awarded to Seongwan Park for his empirical analysis, which highlighted both the improvements and challenges brought by the upgrade.

Other News

ETH Daily logo
Subscribe to ETH Daily and never miss a post.
#news#2024#september2024