zkSync Criticized For ZK Trademark
Founders from Polyhedra, StarkWare, and Polygon, have co-signed a memo urging Matter Labs to withdrawal its ZK trademark applications.
zkSync scrutinized over its ZK trademark.
CoW Protocol introduces an MEV Scanner.
Base proposes the Fjord network upgrade.
Base announces Base Camp.
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Matter Labs, the company behind zkSync, is facing scrutiny for submitting trademark applications for the term "ZK" in connection with encryption software. StarkWare noted that Matter Labs has already used the application status to persuade exchanges to assign the "ZK" ticker to zkSync. A dispute first emerged between zkSync and Polyhedra Network over the "ZK" ticker for their respective tokens. Founders from Polyhedra, StarkWare, and Polygon, have co-signed a memo urging the withdrawal of the trademark applications. In response, Alex G, co-founder of Matter Labs, claimed the action was a defensive step to protect users from bad actors. He further clarified that Matter Labs is seeking to work with the Ethereum Foundation to ensure the term “ZK” remains in the public domain.
CoW Protocol introduced MEV Scanner, a new tool for checking if a specific wallet has been impacted by MEV. The tool can be used across X, Telegram, and Discord, enabling users to query the bot with their Ethereum wallet address to receive an MEV report. The scanner evaluates the amount of MEV extracted from an address and identifies the most affected AMM contract . The development of the MEV Checker was supported by the CoW Grants Program. To date, over $1.3 billion has been extracted from users through MEV on the Ethereum mainnet. Last year CoW Protocol introduced MEV Blocker, a free RPC service that directs transactions through a private mempool, shielding users from MEV attacks.
Roberto Bayardo, a Base engineer, proposed the Fjord network upgrade for the OP Stack. The upgrade includes the introduction of EIP-7212, which utilizes the secp256r1 elliptic curve for secure and efficient signature verifications, reducing gas costs significantly for smart wallet applications. Additionally, the upgrade incorporates Brotli compression to decrease data availability costs. EIP-7212 has already been implemented on Polygon and is expected to be supported by other L2s like Arbitrum and zkSync. The Fjord upgrade aims to further reduce overall transaction fees on OP Stack chains. Pending approval from Optimism Governance, the upgrade is scheduled to be implemented on July 10, 2024.
Base unveiled Base Camp, a special two-day gathering starting on on July 31st in Idyllwild, California, to celebrate the one-year anniversary of the Base mainnet launch. The event is designed for builders who have either received Base grants or made substantial contributions to the Base ecosystem. Base Camp will feature a series of vision-setting sessions, lightning talks, live performances, and networking opportunities. Applicants accepted into the event will receive complimentary lodging, dining, and a ticket to FWB FEST 2024.
Vitalik On Ethereum L2 Subcultures
Buterin emphasizes that L2s significantly contribute to cultural pluralism, which he views as highly beneficial.
Vitalik outlines Ethereum subcultures.
Polygon integrates Succinct’s SP1 zkVM.
Tim Beiko proposes ACD improvements.
OP Stack supports custom gas tokens.
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Ethereum creator, Vitalik Buterin, outlined the relationship between technology and culture within the Ethereum ecosystem. He highlighted three primary subcultures in Ethereum: Cypherpunks, who are dedicated to privacy and open-source development; Regens, who are actively involved in governance experiments and promoting public goods; and Degens, who are primarily motivated by speculation and financial gains. Buterin emphasizes that L2s significantly contribute to cultural pluralism, which he views as highly beneficial for Ethereum. L2s provide platforms for subcultures to thrive, enabling new contributors to gain recognition and succeed based on their performance. Buterin concludes that Ethereum's ongoing success relies on technological innovations and its ability to expand cultural diversity.
Polygon announced plans to use Succinct Processor 1 (SP1), a general-purpose zkVM, for generating pessimistic proofs on the Agglayer. Designed by Polygon, pessimistic proofs are a new type of ZKP that prevents any single chain from compromising the security of the entire Agglayer. The integration will enable secure, cross-chain transactions across chains on the Agglayer. SP1 supports the development of ZKPs using Rust, enhancing code maintainability, auditability, and adaptability. SP1 is built on Polygon's Plonky3 proving system. Pessimistic proofs, SP1, and Plonky3, are released under an open-source license. Succinct plans to release a production-ready version of SP1 next month.
Ethereum core developer Tim Beiko proposed process enhancements to streamline Ethereum network upgrades. For AllCoreDevs (ACD) calls, Beiko recommends introducing review requests to the agenda, requiring core teams to review EIPs asynchronously before calls. He also proposed standardizing breakout rooms with a template. To refine the Network Upgrade Process, Beiko introduced the "Proposed for Inclusion" (PFI) status and suggested renaming the current inclusion list to "Scheduled for Inclusion" (SFI) to provide more clarity on the status of EIPs during upgrades. For the Ethereum Magicians forum, Beiko proposes to onboard new administrators to enhance forum management, revamp forum categories, and improve communication about breakout rooms.
The OP Stack now supports custom gas tokens across L2 and L3 chain deployments. Chain operators now have the flexibility to select any ERC-20 token as the native gas token for their networks. Operators can also sponsor transactions, enabling users to make transactions without requiring them to have the native asset of the chain to cover fees. The new feature is currently in a mainnet beta release.
Galxe introduces Gravity
BlackRock files updated S-1
Ethresear.ch: Big blocks, blobs
OP Season 6 nominations
Chainlink CCIP on Celo
SuperRare joins UMA oSnap
Rainbow integrates Relay
ENS Labs Proposes ENSv2
A proposal to revamp ENS core architecture and extend the protocol to a L2 network.
ENS Labs proposes to extend ENS to L2.
Polygon introduces Pessimistic Proofs.
Lodestar outlines its Ethereum roadmap vision.
Morpho introduces the Morpho Stack.
Harpie is an onchain security solution that protects your wallet from theft in realtime. Harpie helps you detect and block suspicious transactions before they execute, safeguarding your assets from malicious attacks and scams. Try Harpie for free at harpie.io/ethdaily.
ENS Labs introduced ENSv2, a proposal to revamp the core architecture of ENS and extend the protocol to an L2 network. The upgrade aims to address the scalability and cost issues of Ethereum L1. ENSv2 will provide users with improved scalability, reduced gas fees, and enhanced features for managing their domains. The redesign involves replacing the existing flat registry with a hierarchical system where each domain and its subdomains have dedicated registries. Users will still have the option to migrate their domains back to L1 if desired. The ENS Labs team is considering building on zkSync’s ZK Stack, although the L2 of choice is still under discussion.
Polygon introduced Pessimistic Proofs, a new type of zero-knowledge proof that assumes that all connected chains may be unreliable. Pessimistic Proofs are designed to safeguard the Agglayer from potential vulnerabilities on any individual chains. The Agglayer is a network of chains connected to Ethereum through a shared bridge contract. Pessimistic Proofs work by ensuring that no chain can falsely claim deposits or withdraw more funds than have been deposited. The Agglayer performs checks on state updates and internal accounting in relation to the deposits recorded on the chains' L1 contracts. After verifying that all updates are accurate, a pessimistic proof is generated to confirm the legitimacy of all transactions across the bridge.
Lodestar, the Ethereum consensus client managed by ChainSafe, presented a strategic roadmap for Ethereum's development. Lodestar recommends closing the Pectra inclusion list to additional EIPs, aside from CL EIPs 7495 and 7688, in order to deploy Pectra as soon as Q4 of this year. Notably, EOF and PeerDAS would not be included in Pectra. The current Pectra EIP inclusion list features eight proposals, including precompile EIP-2537, historical block hash EIP-2935, supply validator deposit EIP-6110, EL exits EIP-7002, Max EB EIP-7251, and account abstraction EIP-7702. For the Osaka upgrade, Lodestar recommends transitioning all Merkle Patricia Trees (MPTs) to SSZ formats. The strategy aims to avoid extending the implementation timeline by favoring incremental upgrades.
Morpho introduced the Morpho Stack, a new DeFi architecture that merges the benefits of monolithic and modular systems, similar to Polygon's Agglayer. Morpho Blue is at the core of the Morpho Stack, which facilitates the permissionless creation of isolated markets. The stack consists of modular layers, the MetaMorpho risk management layer, and a public allocator for shared liquidity.