[ANN] Ethereum: Welcome to the Beginning

[zasad@]

https://www.euroe.com/blog/membrane-finance-launches-euroe-on-ethereum
Membrane Finance launches EUROe on Ethereum
"HELSINKI, Finland – 2 February 2023 – Finnish fintech company Membrane Finance has today launched EUROe – Europe’s first and only EU-regulated full-reserve stablecoin and payment network.

EUROe transforms a fiat Euro into a 1:1 pegged digital currency transactable on Ethereum, with planned support for an increasing number of blockchains. One EUROe is always one Euro. For each EUROe issued, at least one fiat Euro exists in a European financial institution or bank, ring-fenced from Membrane Finance."

[FP91G]

Tim Beiko: "Assuming everything goes well, we'd probably have another testnet mid march or so, and then mainnet either late march/early April, although it's definitely not a "final" date. The mainnet date always depends on how well the testnet forks go. If we find a bug, we will always delay and fix things to be safe."
https://twitter.com/WuBlockchain/status/1624209330697543682?

[zasad@]

https://www.oodaloop.com/technology/2023/02/14/how-the-sec-could-reshape-ethereums-staking-landscape-for-the-better/

How the SEC Could Reshape Ethereum’s Staking Landscape for the Better

"The settlement, first reported by CoinDesk, forced Kraken to wind down its staking-as-a-service offering to U.S. clients. Previously, the service allowed retail investors to “stake” some amount of cryptocurrency with blockchains in exchange for yield. So-called proof-of-stake blockchains like Ethereum enlist users to stake crypto assets as a form of security guarantee in exchange for rewards, similar to interest payments.
Proof-of-work networks like Bitcoin, by contrast, are operated by a more energy-intensive process of crypto “mining.” (Ethereum famously transitioned from proof-of-work to proof-of-stake last year.) The Kraken-SEC settlement could spell doom for a growing class of staking-as-a-service products, which allow users to stake with lower up-front costs or technical know-how than typically required. Around $25 billion worth of ether (ETH) is currently staked on Ethereum, with 18% of that stake held by Coinbase and Kraken – the two largest platforms with staking services."

[CounterEntropy]

I am trying to get a standalone PHP code without any external dependency to generate an Ethereum address/key pair. So I asked OpenAI ChatGPT to write the code for me. I got two different versions from it...

Version 1

Code:

include "keccak.php";
use kornrunner\Keccak;

// Generate a random private key
$private_key = bin2hex(openssl_random_pseudo_bytes(32));

// Compute the public key from the private key using elliptic curve cryptography
$public_key = '0x'.bin2hex(gmp_export(gmp_mul(gmp_init('0x'.bin2hex(openssl_random_pseudo_bytes(32)), 16), gmp_init('0x'.bin2hex(gmp_powm(gmp_init(2), gmp_init('0x7FFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFF5D576E7357A4501DDFE92F46681B20A0', 16), gmp_init('0x7FFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFF5D576E7357A4501DDFE92F46681B20A1', 16))), 16))));

// Compute the Keccak-256 hash of the public key (as a hex string)
$address = '0x' . substr(Keccak::hash(hex2bin(substr($public_key, 2)), 256), -40);

echo "Private key: $private_key<br>";
echo "Address: $address<br>";

Version 2

Code:

include "keccak.php";
use kornrunner\Keccak;

function generate_ethereum_address() {
// Generate a new private key
$privateKey = bin2hex(random_bytes(32));
echo "Private Key: " . $privateKey. "<br>";

// Derive the public key from the private key
$publicKey = hex2bin('04' . str_pad(gmp_strval(gmp_init(substr($privateKey, 0, 64), 16), 16), 64, '0', STR_PAD_LEFT) . str_pad(gmp_strval(gmp_init(substr($privateKey, 64), 16), 16), 64, '0', STR_PAD_LEFT));

// Generate the Ethereum address from the public key
$address = '0x' . substr(Keccak::hash(substr($publicKey, 1), 256), -40);

// Return the Ethereum address
return $address;
}

// Generate an Ethereum address
$address = generate_ethereum_address();

// Output the Ethereum address
echo "Address: " . $address. "<br>";

For Keccak, this code is used - https://github.com/kornrunner/php-keccak/blob/main/src/Keccak.php

Sample o/p of Version 1 is...

Code:

Private key: 1941069a40cc71a83b8df773e0b45cdb8aa70b748710c82eace662c07ede4cf8
Address: 0x753215ef5214d2494df5e19dafa5644d034d201c

Sample o/p of Version 2 is...

Code:

Private key: 1941069a40cc71a83b8df773e0b45cdb8aa70b748710c82eace662c07ede4cf8
Address: 0x753215ef5214d2494df5e19dafa5644d034d201c

Clearly, address generated by both versions are wrong and AI is unable to fix the code. Can any of you please fix it?

[zasad@]

https://coingape.com/breaking-ethereum-reveals-details-on-shanghais-sepolia-shapella-upgrade/
https://twitter.com/TimBeiko/status/1628145316271894528
Breaking: Ethereum Reveals Details On Shanghai’s Sepolia Shapella Upgrade
With the Ethereum Shanghai upgrade anticipated for March, the most-awaited upgrade after the Merge, developers are moving closer to the goal to enable withdrawals of Ethereum staked on the Beacon chain.
Ethereum core developer Tim Beiko on February 22 announced that the Sepolia Shapella upgrade is scheduled for February 28 at 4 AM UTC.

[FP91G]

Allocation Update: Q4 2022
Posted by Ecosystem Support Program Team on February 22, 2023
There's been buzz and excitement surrounding the new year, but we haven't forgotten about the grantees from last quarter! Find out which projects received funding in Q4 2022 in the table below:
~~
Total awarded in Q4: $4,370,418.16

https://blog.ethereum.org/2023/02/22/allocation-update-q4-22

[zasad@]

https://beincrypto.com/ethereum-eth-testnet-holli-goerli/
Ethereum Developers Plan New ‘Holli’ Testnet as Goerli ETH Gets Marketplace
"Ethereum core developer Tim Beiko said the developers are working on a new testnet "Holli."
Beiko pointed out that the distribution methods for Goerli ETH has become less reliable, leading to the current issues.
LayerZero Labs launched a testnet bridge that monetizes Goerli ETH testnet tokens."
https://twitter.com/TimBeiko/status/1628822996424216576?

[ytfitihc]

  good luck for me

[JollyGood]

They have announced on their blog Devcon 7 will take place in Southeast Asia in 2024 but the deadline for suggestions is 15th March 2023 therefore those that have interests in the future roadmap of Ethereum should contact the Ethereum Foundation.

For those that might not know, Devcon is the only annual conference held by the Ethereum Foundation and is the place for people to get together to discuss and collaborate on anything and everything Ethereum related.

[theskillzdatklls]

Seems like March 14th the final testnet for Shanghai goes live then 3-4 weeks that follow, so early-mid April, Shanghai goes officially live.

Last major structural update related to merge. Then it's off to the races for dank sharding.

[zasad@]

https://www.coindesk.com/tech/2023/03/01/ethereum-activates-account-abstraction-touted-by-founder-buterin-as-key-advance/
Ethereum Says ERC-4337 Deployed, Tested, Beginning Era of Smart Accounts
"The news of the deployment of ERC-4337 will be shared at an ETHDenver-related event, known as WalletCon.
The Ethereum blockchain has deployed a feature known as “account abstraction,” seen as a key enhancement that could make it easier for users to recover crypto if they lose private keys to an online wallet.
The new standard, formally known as ERC-4337, was deployed via a smart contract called EntryPoint, according to data on the blockchain explorer web site Etherscan and confirmed by Yoav Weiss, a security fellow at the Ethereum Foundation. The contract has already undergone a full security audit, people with knowledge of the matter told CoinDesk."

[MostlyGhostly]

Seems like March 14th the final testnet for Shanghai goes live then 3-4 weeks that follow, so early-mid April, Shanghai goes officially live.

Last major structural update related to merge. Then it's off to the races for dank sharding.

The date is conjectural. Needs to hear downsides and upsides for this release before it can ever go live. I have a heavy dismissive hand, can ban it outright. And do not be surprised with that ape look on buterins face when he realizes the guy like me is in control of him and no other way for him is left but to go upstage with remorseful face and announce the suspension of plans. Highbrow nuts say market takes care of itself because it proceeds hand in glove with development but they do not know how centralized this place has become since my coming to power.

[FP91G]

Core developers set date for Goerli testnet deployment of March 14, but mainnet — and staked ether withdrawals — will have to wait until April
No firm date for the eventual mainnet hard fork has been set yet, but the downstream effects to the agreed timeline are likely to bump Shanghai’s final deployment to about a month afterwards, developers said.
https://blockworks.co/news/ethereum-developers-push-back-shanghai?

[estenity]

do not be surprised with that ape look on buterins face when he realizes the guy like me is in control of him and no other way for him is left but to go upstage with remorseful face and announce the suspension of plans. Highbrow nuts say market takes care of itself because it proceeds hand in glove with development but they do not know how centralized this place has become since my coming to power.

i am a very modest user, but i do not understand the precise finality of this manoevers..
please explain..

[zasad@]

https://consensys.net/shanghai-capella-upgrade/
THE SHANGHAI/CAPELLA UPGRADE
March 2023
"Your Ultimate Guide to ETH Staking Withdrawals
All you need to know about the Shanghai/Capella upgrade, and what it means for stakers and the web3 ecosystem.

Now, the Ethereum community is rallying behind the next planned upgrade on the roadmap—the Shanghai/Capella upgrade. It is doubly named because it is the first simultaneous upgrade of Ethereum’s execution layer and consensus layer, and is highly anticipated because it will enable staked ETH withdrawals."

[theskillzdatklls]

Is there a way to see what MEV relay any particular Ethereum nodes are running? I've seen some websites but nothing that seems to do that specifically.

[FP91G]

Breaking: Shanghai upgrade executed on testnet but not without issues
There were, however, issues with the hard fork. Ethereum core developer Tim Beiko noted that while deposits were being processed, the process didn’t run as smoothly as it could have because several testnet validators didn’t upgrade their client software before the Goerli fork.
https://cointelegraph.com/news/goerli-forked-shanghai-upgrade-executed-on-testnet-but-not-without-issues

[zasad@]

Is there a way to see what MEV relay any particular Ethereum nodes are running? I've seen some websites but nothing that seems to do that specifically.

If you are talking about censorship then here is the list
https://beaconcha.in/relays

____
https://xrpl.org/intro-to-evm-sidechain.html
Introduction to EVM Compatible XRP Ledger Sidechain
The Ethereum Virtual Machine (EVM) compatible XRP Ledger sidechain is a secure and fast public blockchain that brings all kinds of web3 applications to the XRP Ledger community.

[PolcaInvest]

Making Ethereum Wallets Smarter Is the Next Challenge—and Visa Is Among Those Working on It
https://decrypt.co/124100/making-crypto-wallets-smarter-ethereum

[zasad@]

https://www.theblock.co/amp/post/221453/over-1-billion-of-ether-lost-forever-bugs-human-error
Over $1 billion of ether has been lost forever due to bugs and human error
2Coinbase director Conor Grogan categorized thousands of mistakes and bugs on the Ethereum blockchain.
He found that 636,000 ETH ($1.15 billion) has been lost forever — and that’s not including people that have lost access to their wallets."