FABRIC Unifying Rollup Standards
FABRIC is a collaborative initiative aimed at developing a neutral and minimal set of standards for rollup infrastructure.
Rollup teams coordinate on standards.
Vitalik reflects on Ethereum scaling.
Uniswap experiments with futarchy.
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During the 17th Ethereum Sequencing and Preconfirmations Call, rollup teams such as Optimism, Namechain, Arbitrum, and Scroll expressed their support for based rollups, native rollups, and FABRIC, a collaborative initiative aimed at developing a neutral and minimal set of standards for rollup infrastructure. FABRIC aims to help stakeholders agree on unified standards. Based rollups leverage Ethereum L1 for transaction sequencing, while native rollups leverage Ethereum L1 for execution and settlement. FABRIC aims to enhance interoperability and accelerate the scalability of Ethereum.
In a new blog post, Ethereum creator Vitalik Buterin reflected Ethereum’s L1 and L2 roadmap, focusing on scalability and interoperability, while maintaining decentralization. He emphasized Ethereum’s technical and social innovation, noting its reliance on community-driven development, and described ETH as a "triple-point asset" for payments, staking, and as a store of value. Buterin doubled down on scaling primarily through L2 solutions while scaling L1 by increasing blob space and the gas limit. He noted that with increased blobs, PeerDAS, 2D sampling, and data compression, Ethereum could reach 100,000 TPS onchain. He also calls for stronger L2 security, faster L2 deposit and withdrawal times, and standardization to enables a unified user experience and reduce fragmentation. Buterin also called for incentivizing ETH usage across L1 and L2. Lastly, he called on teams, developers, and community members to collaborate and innovate to sustain Ethereum’s role as a leading blockchain platform.
The Uniswap Foundation and Optimism Foundation are collaborating to experiment with futarchy as a governance mechanism. Futarchy is a form of governance that uses prediction markets to guide decision-making. It promotes data-driven governance and aligns incentives by rewarding participants for accurate predictions. The experimental tests will leverage a platform called Butter to allow the community predict the impact of grants in both ecosystems. Optimism will run a futarchy contest to predict grant outcomes, where accurate forecasts will win OP token rewards. Uniswap will run Conditional Funding Markets (CFMs) where forecasters deposit USDC to predict grant outcomes for projects on Unichain.
Besu 25.1.0 release
Public mempool is dead
41% validators increased Gas Limit
Banks can hold crypto
ethPandaOps releases The Lab
Aave on Gnosis hits $108m TVL
Trump Issues Order On Digital Assets
The order establishes a Working Group on Digital Asset Markets tasked with evaluating a potential digital asset stockpile.
Trump issues an order on digital assets.
Liquity V2 goes live on mainnet.
Morpho Labs introduces Bundler3.
Circle launches Circle Paymaster.
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U.S. President Donald Trump issued a new executive order to establish policies that promote the growth and use of digital assets in the United States. The order focuses on advancing blockchain technology, protecting open access to blockchain networks, the self-custody of digital assets, supporting U.S. dollar-backed stablecoins, and ensuring regulatory clarity through technology-neutral frameworks. The order also addresses risks posed by Central Bank Digital Currencies (CBDCs) by prohibiting their creation, issuance, or promotion by U.S. agencies. It also establishes a Working Group on Digital Asset Markets tasked with recommending regulatory and legislative frameworks and evaluate a potential digital asset stockpile, which could include government-seized crypto assets.
Liquity V2, the newest version of the decentralized borrowing protocol, is now live on Ethereum Mainnet. The V2 release introduces user-set interest rates and supports multiple types of collateral, including rETH and wstETH. It also introduces BOLD, a yield-bearing stablecoin fully backed by ETH and liquid staking tokens. Users can deposit BOLD into Stability Pools to earn yield through borrower-paid interest and liquidation rewards. Additionally, LQTY stakers receive 25% of protocol revenue and have the ability to direct subsidies funded by interest revenues. As with Liquity V1, both Liquity V2 and the BOLD stablecoin are fully immutable.
Morpho Labs released Bundler3, an open-source smart contract that allows externally owned accounts (EOAs) to execute multiple smart contract calls within a single atomic transaction. Bundler3 can call protocols directly or through adapters that enable atomic checks and securely handle actions requiring user authorizations. Adapters enforce restrictions on function calls to enhance user safety while allowing developers to create custom implementations. Bundler3 streamlines complex multicall operations for EOAs. The Bundler3 contract is currently deployed on Ethereum and Base for developers to integrate.
Circle launched the Circle Paymaster, its ERC-4337 implementation that enables users to pay network gas fees in USDC. The Paymaster allows wallet providers to accept USDC for transaction fees. The Paymaster receives gas payments in USDC and pays network gas fees using the native network token. Circle Paymaster works with any ERC-4337-compatible wallet provider and is currently live on Arbitrum One and Base, with plans to expand to Ethereum and Polygon PoS. Additionally, Circle offers Gas Station, a feature that allows developers to sponsor gas fees for their users.
Pectra targeted for March 11th
SEC rescinds SAB 121
Ethereum.org cycle roadmap
Ink reaches Stage 1
WLF buys 3,423 ETH
MetaMask supports ENS on L2s
Vitalik on political coins
Announcing Farcaster labels
Increase in wrench attacks
Court Overturns Tornado Cash Sanctions
The court ruled that the U.S. Treasury exceeded its statutory authority and immutable smart contracts do not qualify as property under IEEPA.
Court overturns Tornado Cash sanctions.
Succinct introduces SP1 Turbo.
Securitize daily dividends for BlackRock BUIDL.
Blob Parameter Only (BPO) Forks.
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The U.S. Court of Appeals for the Fifth Circuit overturned sanctions on Tornado Cash smart contracts, ruling that the U.S. Treasury exceeded its statutory authority. The court determined that immutable smart contracts do not qualify as “property” under the International Emergency Economic Powers Act (IEEPA) because they cannot be owned, controlled, or altered. The legal victory comes ahead of Tornado Cash developer Roman Storm’s trial, scheduled to begin on April 14, 2025. On August 8, 2022, the Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash, alleging it facilitated money laundering for malicious actors, including North Korea’s Lazarus Group. Tornado Cash is a privacy tool designed to help users protect the privacy of their funds.
Succinct launched SP1 Turbo, an upgraded version of its general-purpose zkVM, delivering significant improvements in cost, latency, and performance for zero-knowledge (ZK) workloads. Key features of SP1 Turbo include near real-time Ethereum proving, parallel proof generation across GPU clusters, and the addition of new precompiles for advanced cryptographic operations. SP1 Turbo is optimized for tasks like zkEVMs, rollups, light clients, signature verification, and other blockchain computations. Developers can run the SP1 Turbo locally or via the Succinct Prover Network Beta.
Securitize unveiled two new features for BlackRock's BUIDL tokenized treasury fund. Investors can now receive daily dividends, replacing the previous monthly distribution model, and redeem holdings multiple times throughout the day for enhanced flexibility. The updates are designed to improve liquidity and accessibility for BUIDL investors. BlackRock’s BUIDL is a U.S. Treasury fund tokenized as an ERC-20 token available on Ethereum and Layer 2 networks. The fund invests in U.S. Treasury bills, notes, cash, and repurchase agreements.
Ethereum developer Proto.eth introduced a framework for safely and continuously scaling blobs on Ethereum, called Blob-Parameter-Only (BPO) Forks. BPO forks are small, targeted hard forks that adjust only two parameters: blob targets and blob limits. The framework aims to balance solo stakes bandwidth requirements with Layer 2 data availability (DA) needs to maintain competitive transaction costs. It also seeks to distribute the operational burden of hard forks between L1 and L2 teams, ensuring a more collaborative process.
Uniswap Wallet supports Flashbots
Etherealize marketing arm
Ross Ulbricht is free
EF R&D Team resources
Base 22 Mgas/s gas target
Nouns open-source DUNA bylaws