Arbitrum Orbit Supports OFT Standard
The integration allows Arbitrum Orbit chains to use LayerZero OFTs as native gas tokens.
Arbitrum Orbit supports LayerZero OFTs.
Scroll releases details for its initial airdrop.
Stripe acquires Bridge for $1.1 billion.
Chainlink CCIP supports GHO as a fee token.
Arbitrum Orbit, a rollup stack for deploying custom L2 and L3 chains, now supports the LayerZero Omnichain Fungible Token (OFT) standard. The integration allows Orbit chains to use OFTs as native gas tokens and enables users to seamlessly transfer of OFT assets between all LayerZero-connected networks. The implementation embeds the OFT standard into Arbitrum Orbit bridge contracts, using a shared “lockbox” contract on both the L2 and Orbit chains. The design unifies liquidity by consolidating liquidity for both bridges into a single pool, ensuring a more efficient and seamless cross-chain transfer experience for Orbit chains.
Scroll, an EVM-equivalent ZK rollup, announced the details of its first airdrop for its native SCR governance token, which goes live on Tuesday, October 22, 2024, at 07:00 UTC. Over 570,000 wallets who have accumulated at least 200 Scroll Marks can claim their share of 55 million SCR tokens, which is 5.5% of the total supply. An additional 1.5% of the total SCR supply is being distributed among key contributors, including 7 million SCR for Ecosystem Projects, 4.8 million SCR for Industry Contributors, and 3.2 million SCR for Global Community Contributors. Users can now register as delegates via the Delegate Portal to participate in protocol governance. 8% of the total SCR token supply remains for future airdrops, including for Scroll Sessions 2 participants.
Stripe acquired stablecoin payments platform Bridge for $1.1 billion. Bridge offers APIs that simplify the integration of stablecoins into business payment systems by handling regulatory, compliance, and technical challenges. Bridge facilitates onramp and offramp services for businesses. The acquisition aims to further scale the platform, enhance APIs, and expand into new markets. The deal reflects a strategic focus on the growing adoption of stablecoins.
Chainlink’s Cross-Chain Interoperability Protocol (CCIP), a standard for building cross-chain functionality with arbitrary messaging, now supports GHO as a fee token payment option for bridging. GHO, an over-collateralized, USD-pegged stablecoin native to Aave, has surpassed over $31 million in bridged volume through CCIP. Chainlink CCIP powers GHO’s cross-chain native deployments on Ethereum mainnet and Arbitrum One, with plans to launch native GHO on Base.
Vitalik: Ethereum Future Part 3
EIP-7503 for L1 privacy
EIP-2537 feedback request
Upcoming Sky community call
Velodrome Superchain 1.0
Radiant suffers $50m exploit
Safe comments on Radiant exploit
Chainlink corporate actions initiative
World Chain Goes Live On Mainnet
Infrastructure providers Alchemy, Uniswap, Dune, and Safe rolled out support for the identity-focused L2 network.
World Chain goes live on mainnet.
Merkl proposes the ZKsync Ignite Program.
ethOS introduces the dGEN1 hardware device.
EIP-7742 is added to Pectra Devnet 5.
World Chain, an identity-focused L2 network built on the OP Stack, is now live on mainnet. World Chain gives priority block space to wallet addresses verified through World ID Proof of Personhood credentials. The network powers World Network, formerly known as Worldcoin, the digital identity protocol founded by OpenAI's Sam Altman. Infrastructure providers Alchemy, Uniswap, Dune, and Safe have rolled out support for the network. World Chain users can now swap and provide liquidity on Uniswap V2 and V3. World has a global user base of 10 million, with over 5 million users having verified their identities through the project’s iris-scanning Orb device.
Rewards platform Merkl published the first ZKsync governance proposal, seeking to allocate 300 million ZK tokens over nine months to incentivize DeFi liquidity on ZKsync Era. Called the ZKsync Ignite Program, the initiative aims to position ZKsync Era as a leading DeFi hub, boost total value locked (TVL), and enhance liquidity across Elastic Chains powered by ZKsync. The proposal requests a total of 325 million ZK tokens, with 25 million set aside for administrative expenses. Merkl plans to oversee the program’s operations, including website management, rewards distribution, and technical support. A DeFi Steering Committee (DSC) would oversee token allocations and evaluate the program’s performance. The proposal is open for community discussion ahead of an onchain vote in November 2024.
ethOS, an Ethereum-native mobile operating system provider, unveiled dGEN1, a new hardware device that runs on ethOS. The device includes a dedicated screen for displaying transaction notifications and metadata. dGEN1 features a web3 browser and a system-level wallet with Layer 2 support. ethOS is based on LineageOS, a popular Android fork, and features a native trustless light client, enabling users to run a local Ethereum node. The operating system also supports IPFS and .eth domain resolution. The dGEN1 device is currently available for pre-order at 0.2 ETH, with shipping expected in Q2 2025.
During this week’s All Core Devs (ACD) consensus layer call, Ethereum developers and client teams agreed to include EIP-7742 in Pectra Devnet 5. EIP-7742 introduces a mechanism for the execution layer to dynamically receive the blob target value directly from the consensus layer. With EIP-7742, the execution layer no longer needs to verify blob maximum limits, enabling more seamless adjustments to blob parameters. The change eliminates redundancies, simplifies block construction, and incorporates the target value into the block header.
Conduit Introduces G2 Sequencer
A high-performance sequencer delivering 50-100 Megagas per second (Mgas/s) throughput.
Conduit introduces the G2 sequencer.
Fuel Ignition goes live on mainnet.
Velodrome introduces Superlane.
Conduit, a rollup-as-a-service provider, launched the G2 Sequencer to mainnet, a high-performance solution delivering 50-100 Megagas per second (Mgas/s) throughput, designed for computationally demanding applications. G2 addresses scalability challenges by sustaining ultra-high throughput during peak traffic. Conduit claims that G2 is 10x more powerful than standard rollup sequencers. G2 is compatible with rollup frameworks like the OP Stack and Arbitrum Orbit. It is designed for large-scale gaming applications, enabling them to run complex logic fully onchain. G2 powers already Gravity Chain from quest-based project Galxe.
Fuel Labs launched Fuel Ignition, an Ethereum Layer 2 optimistic rollup, on mainnet. Ignition is powered by FuelVM, a parallel transaction execution engine that offers a processing throughput of 21,000 TPS per core. Designed for decentralization, the rollup allows anyone to operate nodes on inexpensive consumer-grade hardware. Fuel Ignition aims to be a Stage 2 rollup and implements a hybrid zero-knowledge proving mechanism. Fuel consists of three core components: FuelVM for scalable and efficient execution, Sway, a custom-built smart contract language, and the Forc Toolchain framework to facilitate dapp development. Fuel Labs invites developers to build, test, and deploy on Ignition using its public APIs.
Velodrome Finance, in collaboration with Hyperlane, introduced Superlane, a Hyperlane module that enables cross-chain communication and functionality for OP Stack chains before native Superchain interoperability is available. Superlane facilitates secure interchain messaging across OP Stack chains where Hyperlane is deployed. OP Stack chains adopting Superlane will be able to transition to native Superchain interoperability once it goes live. Superlane uses Hyperlane’s modular security model, which allows developers to customize their security mechanisms. To drive adoption, Velodrome is offering incentives to Hyperlane validators for deploying Superlane across OP Stack chains. Superlane is expected to be available in November.
Gravita introduces xrETH
Preliminary results on "get-blobs"
Announcing the Ethereum Interop Forum
Base posts > 6k blobs/day
Mode Season 3
Synthetix V3 Base upgrade
RISC Zero 25 MHz performance
a16z State of Crypto report
Starknet staking in Q4
Gardia Testnet v2