Ethereum Slot Time Reduction Proposal
EIP-7782 is a proposal to reduce Ethereum's slot time from 12 seconds to 8 seconds.
Proposal to reduce Ethereum’s slot time.
Aztec releases its roadmap to mainnet.
Aave proposes to launch native GHO on Base.
UniswapX goes live on mobile.
Ben Adams, a contributor to Nethermind, proposed EIP-7782, a proposal to reduce Ethereum's slot time from 12 seconds to 8 seconds. The change aims to lower latency for rollups and boost transaction throughput by about 33% without straining network resources. The gas limit and blob count per block would remain unchanged. By distributing bandwidth usage more evenly over time, the approach enables increased throughput without significantly increasing demands for nodes. The proposal received support from the broader Ethereum community, including Justin Drake, who noted that the change would enhance DEX efficiency and improve the UX of L1 contracts.
Aztec Network, a privacy-focused Layer 2 network, unveiled its interactive roadmap to mainnet. The network supports private, client-side smart contract execution with public verifiability. Key milestones already achieved include the launch of a devnet, the implementation of the Honk proving system, the Noir zk programming language, and the Provernet network of proves. The roadmap is organized into five tracks: programmable privacy, decentralization, proving system, Noir, and community participation. Upcoming steps involve audits, testnet hackathons, private RPCs, a fee market, block rewards, PBS, and bytecode optimizations. The roadmap does not specify a mainnet launch date.
The Aave Chan Initiative (ACI) proposed to deploy Aave's GHO stablecoin natively on Base, aiming to serve as the Emissions Manager to oversee rewards and incentives for the stablecoin. The proposal is part of Aave’s cross-chain strategy, which leverages Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enable a lock/burn and release/mint bridge mechanism. By integrating GHO with existing DeFi protocols on Base, the initiative seeks to enhance GHO’s accessibility. Native GHO is already live on Ethereum Mainnet and Arbitrum One.
UniswapX, a Dutch auction-based DEX aggregator, is now live on the Uniswap mobile app. UniswapX enables trading across multiple liquidity sources. It also provides a gas-free swap experience and MEV protection. UniswapX leverages intents, which are signed constraints that enable users to delegate their orders to a network of third-party fillers who compete to fill orders.
ethPandaOps Xatu Data Collection Initiative
A program for node operators to contribute valuable data about their validators for research.
ethPandaOps Xatu data collection initiative.
Sigma Prime releases v1 multiproof library.
EigenLayer discloses a 1.6M EIGEN loss.
Form Network introduces FETH
ethPandaOps introduced the Xatu data collection pipeline, enabling community members to contribute valuable data for research on home node operators. Data is collected by running a Beacon node and the Xatu sentry sidecar, with all data anonymized and redacted before it is published. Contributors can participate by running Xatu sentry. Initially, data contributions are limited to trusted community members, with plans to expand access in the future. The system allows node operators to configure and maintain privacy settings, giving control over the type of data that is shared. ethPandaOps is an Ethereum DevOps team that provides resources for testing protocol upgrades.
Sigma Prime released v1.0.0 of its multiproof library for generating Merkle proofs. The update introduces MerkleGen v1.0.0, enabling the generation of MultiProofs for multiple leaves and SingleProofs for individual leaves in a Merkle tree, providing auditors and developers with greater flexibility for testing Merkle Trees. The release also includes enhanced testing and complete documentation, including renamed functions for improved readability.
EigenLayer revealed that 1,673,645 EIGEN tokens were lost to an attacker who compromised an email communication thread related to an investor’s token custody transfer. The EigenLayer multisig ultimately approved the token transfer to the attacker's address. The attacker then sold the EIGEN tokens for stablecoins using MetaMask Swaps and moved the funds to centralized exchanges. EigenLayer assured users that the breach was an isolated incident and unrelated to the protocol itself, noting that some of the funds have already been frozen. EigenLayer faced criticism for distributing investor tokens directly to EOAs on Friday morning instead of using onchain vesting contracts to ensure no unauthorized sales are possible.
Form Network, a social-centric Layer 2 built on the OP Stack, introduced Form ETH, its native yield-bearing asset. Form also launched an early depositor program, offering Form Points to users who deposit assets ahead of its upcoming governance token launch. The network introduces bonding curves for SocialFi creator tokens and leverages Celestia for data availability.
ACDC #143 recap
LsETH turns 2
Synthetix approves referendum
Interface introduces a trades page
The Rollup launches a venture arm
Payy Network uses Celestia
Jelly Beans predictions game on OP
Symbiotic account compromised
Visa Tokenized Asset Platform
Banks will be able to issue, mint, burn, and transfer fiat-backed tokens onchain, such as stablecoins, on the platform.
Visa introduces a Tokenized Asset Platform.
Bungee introduces the Bungee Protocol.
Vitalik suggests lowering the staking requirement.
Visa introduced the Visa Tokenized Asset Platform (VTAP), a new solution enabling banks to issue, mint, burn, and transfer fiat-backed tokens onchain, such as stablecoins. Banks will be able to experiment with tokenization in a sandbox environment, with a live pilot expected in 2025 through the Visa Developer Platform. VTAP supports integrations with traditional financial systems, smart contract functionality, interoperability across networks, and cross-chain token transfers. The platform aims to connect fiat currencies with blockchain-based assets, helping banks and financial institutions expand into onchain services. Spanish bank BBVA is already testing token issuance using VTAP, with plans to pilot a token on Ethereum in 2025.
Bungee, a cross-chain bridge aggregator, introduced the Bungee Protocol, a liquidity marketplace enabling users to perform actions across chains without the need to bridge or pay gas in native tokens. Users can simply sign gasless requests for actions such as swaps, deposits, or NFT minting, and an offchain agent will execute it. Built on Socket Protocol’s chain-abstraction infrastructure, the protocol uses Modular Orderflow Actions (MOFA) to allow solvers, provers, and fillers to execute user requests. The marketplace aims to scale actions across thousands of chains. Users can claim "Bungee balls" for early access to the platform.
In response to discussions about minimum bandwidth requirements for solo stakers, Vitalik Buterin highlighted that the 32 ETH minimum staking requirement poses a greater barrier than bandwidth limitations. He proposed a potential trade-off: increasing bandwidth requirements while reducing the minimum stake requirement to 16 or 24 ETH. Currently, 32 ETH is both the maximum and minimum staking requirement for running a validator. The upcoming Pectra upgrade will introduce support for Max EB EIP-7251, allowing large staking providers to consolidate up to 2048 ETH per validator, though the 32 ETH minimum will remain in place. Buterin also suggested a future scenario where the minimum deposit could be reduced to as low as 1 ETH, contingent on the completion of PeerDAS and Orbit SSF, which are expected to ease bandwidth demands.