Crypto && Coffee 144 – Crypto Tracking

Crypto&& Coffee 144

Technical Summary:

BitcoinThe term “Bitcoin” refers to the Bitcoin network,…See more:

• Steven Roose posted a Bitcoin Improvement Proposal (BIP) to the Bitcoin-Dev mailing list for the OP_TXHASH opcode, which is used as a data structure to select specific data within a transaction.
• Bitcoin Core added support for version 2 encrypted P2P transfers via BIP-324. This feature is currently disabled by default, but can be easily enabled. Encrypted transmissions help improve the privacy of Bitcoin users by preventing passive observers from directly determining which transaction nodes are passed on to their peers.
• Lightning Labs announces LND v0.17 beta! In this release, LND is updated with Simple Taproot Channels, which allow users to open private channels via Taproot transactions, improving on-chain privacy and cost-effectiveness.

Ethereum:

• Galaxy’s Christine Kim highlights the latest All Core Devs Call for Ethereum, along with devnet9’s status update and devnet10’s timeline. These devnets are components prior to Dencun’s major upgrade.
• Ethereum validator staking queue and exit have reached 0.
• Vitalik Buterin believes that Ethereum It’s okay to include more content in your protocol..
• Terence Tsao of Prysmatic Labs shares that devnet9 is now shipping with Prysm and Geth. With this, notable explorer now supports devnet9 and explorer for transaction blobs.
• Devnet Dencun analysis shows what impact blobs have. block itA block holds a batch of hashed and valid transactions. Fetch waiting time.
• Vitalik Buterin posts the following note: Protocol and staking pool changes to improve decentralization and reduce costs consensusConsensus is a mechanism for achieving the necessary consensus. overhead.
• Ethereum Foundation researchers have released a new Ethereum Improvement Proposal (EIP) draft for a proof-of-solvency standard for centralized exchanges.
• Prysm releases v4.1.0, which reduces memory via multivalue slicing, enables EIP-4881 for optimized block processing, and adds several improvements to improve overall performance.
• Offchain Labs provides quarterly updates to Prysm!

Other chains:

• Optimism has launched the first fault-avoidance system for the OP stack through the OP Goerli Testnet. This live system leverages the power of the modular design of the OP stack to lay the foundation for building multi-proof dispute systems that can include zero-knowledge proofs.
• OffChain Labs and the Ethereum Foundation team publish a paper on the economics of EIP-4844 and how rollups can respond to new markets.
• Farcaster announced that their social network is now 100% permissionless. Anyone with an internet connection and Ether can join and use the network without relying on any other person or entity.
• zkUniswap is launched, the first Zero Knowledge Automated Market Maker (zkAMM) that offloads swap calculations by integrating zero-knowledge proofs into the protocol itself. This makes off-chain swaps cheaper and more efficient to run.
• EigenLayer introduces programmable trust by differentiating economic trust, decentralized trust, and Ethereum trust.
• Nethermind is now fully synchronized with Base. mainnetThe term mainnet distinguishes between realnet/mainnet blockchains… See more And Optimism mainnet. This adds more client diversity to layer 2 networks!
• The developer has open-sourced an end-to-end ETH home staking guide that several people use to run their own businesses.
• Toni Wahrstätter shares what the block building/proposal landscape is like within Ethereum today. This all depends on gas prices and what’s happening within the chain, but it certainly tells the story.
• GrowThePie has added a layer 2 transaction graph with aggregated data from all layer 2 networks, including information about block space and time frame visualization.
• Immutable shares information about the recent launch of the Immutable zkEVM testnet and its plans for this testnet to become the home of games on Ethereum.
• Alchemy introduces the Account Kit. ERC-4337 Seamless onboarding mechanism with smart accounts, social login, and gas sponsorship.
• Nethermind Security has completed six audits of Worldcoin. Recent audits have covered the World ID contract, World ID state bridge, World ID example airdrop contract, and more.
• Taiko is releasing a Foundation Rollup FAQ that provides the history and architecture of the Foundation Rollup.
• Binji from Optimism Labs provides a recap of the last 5 months of Optimism, including Fault Proof Alpha, Superchain, RFP submissions, Bedrock, and more!
• Users can now stake as much Ether as they want through the Ledger Live app, which includes Rocket Pool and Kiln.

Hacking | vulnerability | Exploit:

• On October 13, 2023, Platypus Finance be exploited For the third time in eight months, an avalanche caused ~$2.2 million in damage. The exploit occurred via a flashloan attack that exhausts the protocol.
• Mike Neuder, a researcher at the Ethereum Foundation, said: Size and direction of Lido attack vector. It focuses on attacks via Lido and Ethereum through various malicious strategies.
• Bankless’ David Hoffman shares his thoughts on Diva’s vampire attack on Lido.
• On October 17, 2023, the Phantom Foundation fell victim to a zero-day exploit against its Chrome extension. walletA wallet is a device (a hardware device, program, or service). This drained several accounts of official hot wallets on both Ethereum and Fantom, resulting in ~$6.7 million.

Mainstream Summary:

• VanEck announced that he will be donating 10% of his Ethereum (EFUT) ETF to the Protocol Guild for at least 10 years. These are donations that go directly to Ethereum contributors.
• Coinbase has received a major payment institution license from the Monetary Authority of Singapore.
• On Tuesday, October 3, 2023, a US federal judge refused to allow the US Securities and Exchange Commission (SEC) to appeal its recent decision involving Ripple Labs.
• Paul Grewal, Coinbase’s Chief Legal Officer, shares the SEC’s opposition to dismissing the lawsuit against Coinbase.
• Eric Balchunas, senior ETF analyst at Bloomberg, shares that Grayscale has filed a 19b-4 to convert its $5 billion Ethereum private trust ETHE into an ETF.
• The next day, Eric Balchunas posted the difference in value traded between various Ethereum ETF issuers.
• UBS Asset Management launches pilot of first blockchain-based tokenized VCC fund in Singapore.
• Immutable participated in Amazon’s ISV Accelerate program, a co-selling program for organizations providing software solutions that run on or integrate with AWS.
• Following Nalin’s post on Google, more has been revealed. blockchainBlockchain is a shared digital ledger or… Read More Support for new additional features such as Arbitrum and Account State Tables for Ethereum via BigQuery.
• In the SBF trial, Arkham Intelligence shares that Alameda Research’s liquidator appears to have staked ~$7M of MATIC through the Polygon PoS staking contract during the trial.
• TechCrunch reports that Reddit is killing blockchain-based community points.

Behind the barista bar:

As industry reports continue to be published and paint a specific picture of protocols and value transfer for readers, it is important to remember the basics of blockchain principles. Education is key. Here are some things to think about while drinking your drink.

This week’s cup of coffee:

This week we’re heading to New York for a beer. retro Coffee Project in New York. This bold blend of Central and South American coffees offers notes of chocolate, dark cherry, caramel and spiced nuts. The perfect roast for delicious espresso. Take a sip and enjoy!!