d0z3y

appreciation for how well-run @ethcc is: ⤷ self-serve ticket kiosks (no lines) ⤷ childcare (wow) ⤷ coat and luggage checks ⤷ zero wifi issues ⤷ quick security in venue and also very safe around town! ⤷ side event venues all <6 minutes walking distance ⤷ talks ran on-time, didn't see any AV issues ⤷ stellar weather (i assume they ordered this in advance) the industry vibes could literally be rock bottom but ethcc in cannes would still be immaculate because of location and how well this thing is run kudos @jdetychey & @bettina_boon

2/ The effort is being conducted with open source software options Dirk and Vouch by @AttestantIO. Dirk acts as a distributed signer, enabling operation by individuals in multiple jurisdictions, & ensuring that no single point of failure can interrupt validation. Vouch supports the use of multiple client pairings with strategies used to mitigate client diversity risks.

Right, who wants to talk about Fast Finality on Ethereum? We're figuring out where the theoretical meets the practical: if finality matters to you, let's talk! 🏗️ Infrastructure: L2s, Bridges, Interop protocols 🏦 Liquidity: Exchanges, Staking pools, Apps 💻 Protocol: Client devs & researchers ❓ Others... The Hard Questions: - How fast is fast enough to make a difference? Is it quantifiable? - Which trade-offs are ok? Economic safety <33%? Higher finalisation threshold? Lower fork-choice participation per slot? Slot length? Validator set cap? - Where does FF sit among all our other priorities? DM to set up a call - tell me who you are and why you care. (Note: This is distinct from the fast confirmation rule - talk to @corcoranwill for that.)

Corporations continue to buy @ethereum 11 new public corporate holders in Q4. Top 3 holders: @BitMNR @SharpLink @TheEtherMachine

@benjaminion_xyz @ethereumfndn Congrats Ben!

I left paid work almost a year ago saying that only something spectacular would drag me out of retirement. Well, it happened - I am now with @ethereumfndn helping to shepherd fast finality to Mainnet. It's going to be quite the journey, but I am very excited! 🚀

Messari report quote: "If you followed only the narrative, you might assume Ethereum spent the year losing ground. The data tells a different story, as Ethereum quietly reinforced its position at the center of onchain activity. It remained the dominant settlement layer for the categories institutions care about: stablecoins, real-world assets (RWAs), and tokenized financial infrastructure. These are the use cases that brought large, risk-averse players into crypto for the first time, and they overwhelmingly chose Ethereum. Not because of marketing or momentum, but because Ethereum already had a proven track record of security as well as the liquidity, tooling, compliance pathways, and developer depth required to support them at scale." messari.io/report/the-cry…

The ECF calls for an end to the practice of truncating addresses with dots. All screens can display full addresses. Hiding the middle creates avoidable risk. Wallets and block explorers continue to ship UI choices that actively undermine user safety. This is solvable.

Today @jpmorgan, the world's largest bank by market cap per @WSJ, announced they're launching their first ever tokenized money market fund—MONY—on Ethereum. The firm is seeding the fund with $100M of its own capital before opening to outside investors on Tuesday.

In an historic milestone, DTC received a No‑Action Letter from the SEC to tokenize certain DTC‑custodied assets. By leveraging blockchain, DTCC aims to bridge TradFi and DeFi, advancing a more resilient, inclusive and efficient global financial system. brnw.ch/21wYhMo

I still haven't heard a good reason why Tempo isn't an L2

The attacks on Europe I've seen here the last couple of days, including from people I've generally considered interesting and sophisticated, have been getting unhinged... I get that EU has problems - GDPR clickthroughs are dumb, Chat Control is awful, they need to be less bureaucratic and supportive toward entrepreneurs, its kindness toward Ukraine often doesn't extend well to Gaza or Sudan or other places, people saying mean things about criminals getting longer sentences than the criminals is just crazy - but the apocalyptic attitude about the issues, evoking imagery of barbarians pillaging Rome etc, seems really over the top. It feels more like a coordinated attempt to delegitimize than constructive criticism. (I don't believe the line that "the target is not Europe, it's the EU": I've seen many instances of London specifically being targeted in the hate session, so no, much of it is an attack on Europe) It just does not match my experience from spending an average of two months every year there for the last decade.

If you still doubt Ethereum’s dominance, look at the last 3 months. Over this period, Ethereum gained +$12.6B in new stablecoin supply. No other chain even came close. When real money moves, it moves to Ethereum. Source: @artemis

🚨 We have identified the issue and have a quick workaround. All nodes should disable Prysm to unnecessarily generate old states to process outdated attestation. To do this, simply add the following flag to your beacon node. This flag works with v7.0.0 and you do not need to update the beacon node beyond adding this flag. No change is required for validator clients. "--disable-last-epoch-targets"

Happy 5th anniversary to the Beacon chain 🎂. 5 years ago, I took part of the Beacon chain launch both as an OSS contributor and a Genesis solo staker. Since then, Ethereum has maintained 100% uptime and unparalleled security. Hats off to all the core devs 🫡

I hate to admit it but stablecoin liquidity is leaving @Plasma. Seems we don't need more chains post-TGE.

Where's the capital in crypto? Mostly on Ethereum

Congrats to both teams, a great partnership!

@lex_node No doubt that Ethereum level decentralization will matter and will have a huge premium in the limit.

JUST IN: ✅ Ethereum ecosystem just pulled off 31,083 TPS

Closer look at entities running ETH & SOL validators / nodes. tldr; entities running: ETH validators: 12k+ ETH nodes: 10k+ SOL validators: 928 SOL nodes: 313 (running in 199 datacenters) Wanted to have a more data based overview about the entities running the respective networks so I had a closer look and also asked @bw_solana if the data makes sense for SOL (thanks bro!). I made this research to my best knowledge and with help of ChatGPT, if you have additional data it's very appreciated. APPROACH FOR ETH General problem is that the overall number of validators of ~1M doesn't say much about how decentralized the network is since one entitiy can run many validators. So only valid approach to compare both networks is to have a look at the entities running those validators and nodes (checking validator output). The numbers quoted above for ETH are the best (convervative) guess I can come up with and they're definitely only an educated (and I think reasonable) guess. The only thing we know for certain is that there are around ~10,200 EL clients running and 8,700 CL clients (ethernodes.org/?synced=1; it shows less CL clients than EL due to technical reasons, eg. CL often sit behind NATs). What this data doesn't show is if these clients are validators or just nodes and if several validators / nodes are run by one entity. So how did I come up with the 12k+ number for entities running validators? We know by a study made by ETH Zurich in 2023 (tik-old.ee.ethz.ch/file//1397ecc3…) and by research of rated (github.com/ethstaker/solo…) that in 2023 there have been around ~7,800 solo stakers and in 2024 ~5.4% of ETH staked can be attributed to solo stakers. There is also a survey from 2025 by ethstaker.org which analyzed the number of validators run by solo stakers (paragraph.com/%40ethstaker/s…). By combining these data points it's reasonable to assume that we should have at least around 8,000 solo stakers (based on a slight increase from 7,800 (ETH Zurich) in 2023). Running the numbers with rated & ethstaker data leads to similar results. The rest of entites running validators are more easy. We have around 4k Rocketpool operators (medium.com/rocket-pool/bi…), around 300 Lido operators (blog.lido.fi/lido-validator…). We also have ~260 Lido DVT operators: blog.lido.fi/a-year-with-si…) and around 400 professional operators like Coinbase, Kraken, Binance etc. (ChatGPT assumption). This leads us to ~12,960 validator entities which I rounded off to 12k to stay conservative. The 10k+ number for nodes is honestly just an educated guess for me which makes sense but have to admit that ETH really lacks concrete numbers here. Why I think 10k+ is reasonable: part of ETH USP is that running nodes is trivil re: required hardware, so everybody with an consumer laptop and a standard internet connection can do this. Personally think the number is quite higher but can't prove that. And so it seemed taking the 10k confirmed number for synchned clients by ethernodes.org/?synced=1 seemed like a good approach. APPROACH FOR SOL This was much more easy since validators / nodes mostly only run in data centers. Official number for validators rn is 928 (firedancer.asymmetric.re) Re. nodes I identified the entities with help of a cluster-nodes.json and letting ChatGPT eliminate all IP duplicates which led to 313. The datacenter number was done by doing ASN deduplication and let to 199. TAKEAWAY (for me) - homestaking is incredibly important for decentralization of ETH, majority of validator entities are run by solo stakers - @Rocket_Pool really doing gods work for ETH decentralization - Lido really improved decentralization efforts, kudos - it's not that good that we rely on educated guesses / slightly outdated data for something like entities running validators / nodes for ETH network. I know it's due to privacy / having homestaking / running nodes in the first place but perhaps some smart people can up with a privacy preserving opt-in way for people running validators / nodes to signal the entities? Could still be gamed but would be better than the situation we have now.