What's the latest across Web3.
The NFTEarth RPGF Appeal has sparked controversy due to allegations of misconduct against the NFTEarth Team, leading to questions about the integrity of the RPGF funding review process and community trust. While the team's inclusion in the Google Cloud Web3 Startups program and their efforts towards transparency are seen as positive, the reversal of their proposal's removal and ongoing concerns about grant abuse and data accuracy cast a negative light on the situation.
The Decentralization Research Center (DRC) has proposed a six-month study to explore how blockchain and decentralization can combat monopolies in different sectors, culminating in a presentation at the DRC summit in June 2024. The research will include a literature review, case studies, and dissemination of findings, with the goal of influencing the conversation on antitrust policies and the role of decentralization in fostering competitive markets.
The Gitcoin community is evaluating the outcomes of Citizens Round #2 and GCP-004, focusing on the shift to retroactive funding, the effectiveness of quadratic funding, and the challenges posed by sybil attackers and airdrop farmers. There's a push towards fully retroactive funding rounds for increased transparency and efficiency, despite concerns over fund distribution skewed by exploitative participants.
The Graph's 26th Core Dev call focuses on proposals to enhance indexing rewards, integrate SQL services, and optimize query fees, with community engagement encouraged through open R&D workspaces and regular updates. While the potential benefits include improved network participation and data management efficiency, no negative impacts have been identified, and the community is invited to participate in future discussions and provide feedback.
ERC-7092 is a proposed API standard for tokenizing financial bonds, aiming to make the transition from traditional finance easier by allowing fractional ownership and democratizing bond market access. The community has shown strong support and engagement, contributing to the standard's development through error correction, suggestions for improvement, and discussions on implementation details.
EIP-5521 proposes enhancements to the ERC-721 standard to create 'Referable NFTs', establishing a network of relationships among NFTs and aiming to improve transparency and innovation in LLM development, with active community engagement discussing its technicalities and implications. However, concerns about complexity, security, and potential confusion with other ERC proposals are being addressed, with ongoing discussions on implementation details and interoperability with other standards.
The Cosmos Validator Watcher, introduced by @Kiln.fi, is a new open-source tool under the MIT license for monitoring and managing nodes on Cosmos-based blockchains, with a focus on the dYdX chain, and has been well-received by the community. There are no apparent negatives, and @Kiln.fi is seeking feedback and offering direct communication for further development and support.
The Continuous Security Proposal Aave <> Certora aims to enhance Aave's security by integrating auditing and formal verification into its CI system, with a dedicated team for quick governance proposal reviews and 24/7 incident support, at a proposed annual cost of $1.5 million. Community feedback is generally positive, with suggestions for payment in GHO instead of AAVE and requests for compliance with the ARFC proposal format.
The proposal to extend ARB token distribution deadlines aims to accommodate KYC delays and ensure fair distribution, with revised deadlines based on protocol batch and status, but raises concerns about Hedgey streams and potential increased workload. Community feedback is generally supportive, though some caution about the need for additional safeguards and the complexity of extending already initiated streams.
ERC-6551 is a draft proposal for NFT Bound Accounts aimed at simplifying airdrops and reducing gas costs, with the community debating its potential, complexity, and security risks. While some see innovation and cost savings, others worry about fraud and technical issues; the proposal is under review with calls for community feedback, especially on fraud prevention and interface standardization.
The Ethereum community is debating EIP-7212, which proposes a new precompiled contract for the "secp256r1" elliptic curve to improve user onboarding and on-chain verification efficiency, but concerns about security vulnerabilities and implementation challenges are causing mixed reactions. While some see the potential for attracting new users and enhancing network performance, others worry about cryptographic security, the difficulty of integrating the new curve, and the risk of supply chain attacks.
EIP-4444 proposes limiting historical data storage on Ethereum, sparking debate over data preservation and dapp functionality as Ethereum moves from PoW to PoS. The community is divided, with concerns about the Merge, loss of historical records, and economic incentives for data maintenance, while some suggest technological solutions could mitigate risks.
Stride's proposal to implement its liquid staking solution on the dYdX dPoS chain has been met with positive community feedback, highlighting benefits like improved economic security, simplified staking, and enhanced token utility. Concerns about potential centralization and the need for careful consideration of the dPoS transition are noted, with future updates and community discussions expected to address these issues.
Ethereum is considering extending addresses from 20 to 32 bytes to support state expiry, sharding, and improve security, but faces technical challenges like the EVM's 32-byte stack limit and the need for updates in Solidity and node client ABIs. The community is actively discussing solutions, such as new types for extended addresses and changes to FunctionTypes, while weighing the benefits against the potential complications in development.
The Ethereum community is actively engaged in refining the EIP process, sharing knowledge, and supporting new members, with discussions on platforms like Eth Magicians and GitHub, and the introduction of tools like FlashLoan.xyz. However, the prevalence of scams and the need for recovery services like Bliss Paradox Recovery also underline ongoing security issues within the cryptocurrency space.
MakerDAO is dealing with a patent infringement lawsuit by appointing Perkins Coie LLP and Samar Law as legal representatives, with the latter granted full decision-making authority and the potential to form a special purpose entity. Community reactions are mixed, with some supporting the legal expertise involved while others are concerned about the costs and authority granted, amidst ongoing discussions about the lawsuit's implications and the critique of Perkins Coie's practices.
The pull request introduces significant updates to the
builder repository by Flashbots, including the addition of new files, functions, and structs, and updates to existing ones. Key changes include the addition of
emulate_network.go file, introduction of new functions like
update_config, and error handling improvements.
The dYdX community is discussing the Endorsed Delegates program to enhance governance participation, with active engagement and suggestions for improvement, but faces challenges like cultural barriers and the difficulty for delegates to gain voting power post V4 transition. The community needs to address these issues, clarify the program's status, and consider separating powers between validators and delegates to streamline governance processes.
The community is exploring the integration of blockchain with remote attestation to enhance TEE security, with a focus on transitioning from SGX EPID to DCAP attestations to reduce Intel dependency and improve on-chain accountability. Key contributions include the development of the "RAVE" smart contract for attestation verification and plans to combine Zero-Knowledge (ZK) proofs with TEE for efficient off-chain validation, with no identified negative impacts and further collaborative development expected.
Badgeholders in a community are actively disclosing their conflicts of interest (COI) and abstaining from voting on related projects to maintain transparency and integrity in decision-making. This practice is fostering trust and ethical behavior, serving as a model for governance, with no apparent negative consequences identified.
The RetroPGF Round 3 Feedback Thread is a platform for community discussion on improving fairness and inclusivity in the funding process, with a focus on the role of badgeholders, project visibility, and evaluation criteria. Community engagement is high, with a mix of positive suggestions and concerns about biases towards established projects, the voting system's UX, and the pressure on badgeholders due to the volume of projects.
The RetroPGF 3 community is actively correcting application errors, such as funding amounts, typos, and inaccurate metrics, to maintain the integrity of the funding process. While these efforts show strong collaboration, persistent inaccuracies could undermine trust and credibility, prompting the need for ongoing vigilance and systemic improvements.
The Praise system, aimed at recognizing community contributions within the Optimism ecosystem, has received a mixed response due to concerns over its initial budget proposal, but shows promise with community engagement and successful independent quantification. Adjustments to the budget and the system's potential to foster a culture of appreciation are positives, while the high issuance rate of OP tokens, regulatory uncertainties, and lack of key stakeholder engagement are negatives.
The Ethereum community is actively discussing a vulnerability in create2 wallets, with proposals ranging from modifying the create2 function to improving wallet UX and addressing user behavior. While there's a strong desire to enhance security, the complexity of the issue and potential ecosystem impacts have led to a lack of consensus on a solution, and no definitive next steps have been agreed upon.
The dYdX v4 platform is considering a social mitigation strategy for Miner Extractable Value (MEV) that involves creating a MEV Slashing Committee to monitor MEV activities and recommend actions, but the community is divided over its potential effectiveness, budget, and conflicts of interest. The committee's goal is to deter malicious MEV and standardize responses, yet concerns about its reliance on data from Skip, the impact on honest validators, and the actual benefits of its work persist as the community moves towards voting on its implementation.
The "Introductions 👋" thread on a blockchain and Ethereum community platform has become a vibrant space for members to network and share their backgrounds, with a focus on MEV, blockchain projects, and personal interests, fostering a collaborative and inclusive environment. There's a strong sense of community and enthusiasm for learning and collaboration, especially around MEV, with no negative impacts observed and an implicit encouragement for continued engagement and sharing.
The rAAVE Istanbul event faced criticism for issues with GHOpass ticketing and entry, leading to community demands for transparency and accountability over potential mismanagement. While @MarcZeller's onchain analysis provided some financial clarity, attendees like @parseb remain unsatisfied due to unmet promises and unanswered questions, casting doubt on the event's organization and fund allocation.
A proposal to address the $100 million Horizon Bridge hack on Harmony's ERC Bridge suggests a 20% repayment plan for AAVE holders, funded by Harmony Recovery ONE and AAVE treasury, with strong community and media support. The proposal is advancing through AAVE's governance process, including a consensus vote and potential changes to Aave v3 Harmony's price feeds and interest rate strategies.
New versions (v6) of
BatchRelayerLibrary, and other contracts have been added across multiple documentation files in the
docs/reference/contracts/deployment-addresses directory, with deployment tasks available in the
balancer-deployments repository. The changes are purely informational, with no contracts removed or modified, and do not affect the codebase's functionality.
The Jones DAO is regularly updating on ARB token distribution and utilization, showing positive growth in TVL and user activity with their incentivized vault strategies, but faces community concerns over the transparency of deposit fees. Upcoming distributions and potential adjustments to incentives are planned, while the community seeks clearer information on fee usage.
The Ethereum Name Service (ENS) community is actively nominating and discussing service provider proposals aimed at improving the ENS ecosystem, with innovative ideas and tools for better scalability, user experience, and adoption. Community engagement is high, with structured feedback mechanisms in place, and a vote is scheduled for December 10, 2023, to finalize the selection of service providers.
The ENS DAO is holding its 5th Steward Term nominations for 2024 with a new one-year term length, requiring candidates to follow a three-step process and gather 10k votes for eligibility; elections will run from December 10-15. The process is transparent and includes approval voting, with resources provided for nominees, and @5pence.eth has already shown initiative by nominating themselves.
The 5th ENS DAO Steward Term nomination process starts on December 6th, requiring candidates to self-nominate and secure 10,000 votes to be on the ballot for the election from December 10th to December 15th. Support is available for nominees, including a video guide and direct assistance from @5pence.eth, with a focus on community engagement and security through Gitcoin Passport for proposal submissions.
BanklessDAO has proposed a year-long campaign to onboard users to the Arbitrum ecosystem, sparking community debate over its budget, success metrics, and payment structure. While some see the educational potential and BanklessDAO's track record as positive, concerns about budget clarity, campaign evaluation, and the accuracy of targeted personas have halted the proposal, leading to calls for clearer frameworks and further discussion.
The ArbitrumDAO is considering a new Governance Facilitator role to improve governance and communication, with a transparent and inclusive selection process, but the community has concerns about role clarity, commitment requirements, and accountability. Feedback is being gathered to refine the proposal, with no immediate vote planned, and suggestions include defining KPIs, adjusting compensation, and considering multiple facilitators for the role.
"Lefteris' RPGF Impactful Opensource Project list" guides the distribution of 30 million $OP to impactful open-source projects in the RPGF ecosystem, prioritizing bootstrapped projects and those not heavily capitalized. The community supports the initiative, with suggestions for additional inclusions, and the list is updated to reflect the ecosystem's needs, with a third funding round scheduled for the fall.
EIP 7568 is a draft for a Hardfork Meta EIP that documents Ethereum network upgrades from Berlin to Shapella, aiming to provide a unified list of EIPs for each upgrade and address the documentation gap for past upgrades. It includes details on major upgrades like The Merge and Shapella, and reintroduces the practice of using Meta EIPs for better documentation and coordination.
Last updated 04/12 00:15