Journalist
Posted:
- The upgrade would enable the verification of data from the consensus layer.
- Developers also plan to discuss additions to the Ethereum L1 during the next call.
On September 28, Ethereums [ETH] lead developer Tim Beiko provided an update on the upcoming Dencun upgrade. According to Beiko, there was an All Core Developer Execution (ACDE) meeting. During the meeting, the participants discussed various topics and added some accents to the already existing development.
To test that, and to have a devnet with enough validator counts to trigger EIP-7514, we’ll launch a short-lived devnet-10 after devnet-9. If we have a large validator there, we can test the new churn limits.
— timbeiko.eth
(@TimBeiko) September 28, 2023
To be clear, the Dencun upgrade emerged as a way to implement changes to Ethereum’s two mainnet layers. These are the execution layer, which oversees the execution of smart contracts, and the consensus layer, focused on blockchain consensus via staking.
Read Ethereums [ETH] Price prediction 2023-2024
No more problems
Beiko told the meeting that there were some audits for the EIP-4788 contract. For context, the EIP-4788 is the hash tree root in the Beacon Chain that enables verification of consensus layer data.
Two weeks ago, Beiko also shared some updates on the Dencun upgrade. But from that moment on he is focused on improving validator schemes and node deployment.
This time, the developer provided more information about the changes made that are also crucial for the Beacon Chain users. He said the changes would allow contracts on the Beacon roots to be future-proofed against block times. Beiko confirmed that other development companies apart from the Ethereum Foundation said there were no new issues with the contract.
“Both ChainSecurity and Dedaub had representatives on the call and confirmed that no other issues had been raised since the two mentioned in the initial review, which we previously discussed.”
What follows is a difficult discussion
Beiko also said that there were other activities, including testing the MEV Boost. The MEV-Boost is known as the maximum extractable value and is a middleware developed to make this possible validators to request blocks from a network of builders.
However, Beiko mentioned that a large number of validators, development and networking specialists will need to get Boost functioning as desired on the Ethereum Mainnet. He said,
“To test that, and to have a devnet with enough validator counts to trigger EIP-7514, we’re launching a short-lived devnet-10 after devnet-9. If we have a large validator there, we can test the new churn limits.”
Other topics discussed included whether Ethereum L1 should be Mainnet Zero-Knowledge (ZK) friendly. Beiko revealed that the developers all agreed that it wasn’t something to rush into. Some were also unsure if the functionality is something Ethereum should have.
Realistic or not, here it is The market cap of ETH in BTC terms
Following the indecision, the developers agreed to hold their next ACDE meeting on October 12 at 2:00 PM UTC.