🤖 New EIP: 0000 By: - Anders Elowsson (@anderselowsson) -Vitalik Buterin (@vbuterin) 🔗 EIP-0000 proposes a unified multidimensional fee market for Ethereum transactions, allowing users to specify a single aggregate `max_fee` for multiple resources. This aims to enhance capital efficiency by treating the `max_fee` as fungible across different resource types, thereby simplifying user experience and improving economic efficiency. The proposal also seeks to unify existing fee mechanisms and facilitate future expansions into additional resources.

New post on ! Secure Agent-Protocol Interactions: A Specification for Canonical EVM MCP Implementations By: - empea-careercriminal 🔗 Highlights: - Current methods for integrating AI agents with blockchain are insecure, risking the loss of funds and data. - The Model Context Protocol (MCP) is proposed as a standard to enable secure interactions between agents and Ethereum. - A three-component architecture is suggested to separate concerns: a Protocol MCP Server, a Signer MCP Server, and the Agent itself, ensuring security and auditability. - An on-chain code registry is proposed for agents to verify the legitimacy of their protocol interactions before executing any transactions. - The research emphasizes the potential for secure agent interactions to extend beyond finance, impacting areas like identity management, governance, and content creation. ELI5: This research discusses how to make sure that smart computer programs (agents) can safely interact with Ethereum, a type of blockchain. It highlights the need for a secure way to manage these interactions so that agents can operate without risking people's money or data.

🤖 New EIP: 0000 By: - Alberto La Rocca (@71104) -Aryaethn (@aryaethn) 🔗 This EIP proposes to transform Ethereum's `randao_reveal` into a per-slot Verifiable Random Function (VRF) by incorporating the previous epoch's RANDAO mix and the current slot number into the signed data. This change aims to enhance the unpredictability of the randomness source, support secret proposer elections, and eliminate certain attack vectors, thereby improving the overall security and functionality of Ethereum's consensus mechanism.

🤖 New EIP: TBD By: - Francisco Giordano 🔗 The EIP proposes a minimal `CREATE2` factory to enable deterministic deployments across multiple EVM chains, addressing the need for consistent contract addresses and improving user experience by simplifying multi-chain interactions.

New post on ! Overclocking Blocks with Gas Refunds By: - @nero_eth 🔗 Highlights: - Gas refunds incentivize users to clear storage but distort the actual gas usage reported for blocks. - Current gas accounting makes it seem like blocks are using less gas than they actually are, which can mislead network performance assessments. - EIP-7778 proposes to separate transaction refunds from block gas accounting to provide a clearer picture of resource consumption. - Implementing EIP-7778 would improve predictability of block gas usage and increase network stability. - The proposed change preserves user incentives for efficient storage management while ensuring accurate gas accounting. ELI5: Ethereum uses a system called gas to measure how much work is done when processing transactions. When users clear out storage, they get some gas back as a reward. However, this can make it look like blocks are using less gas than they really are, which can confuse how we understand the network's performance. The article suggests a change to keep these rewards for users but not count them when measuring how much gas a block uses.

🤖 New EIP: 288 By: - Kwame Bryan 🔗 EIP-288 proposes a cryptographic framework for the coordination of autonomous agents without the need for trusted intermediaries. It aims to solve the trust issues in agent interactions by providing cryptographic guarantees for the authenticity, integrity, confidentiality, and temporal validity of agent intentions, enabling direct agent-to-agent communication across decentralized systems.

New post on ! Fixed Supply for Ethereum By: - k26dr 🔗 Highlights: - The original vision for Ethereum included a fixed supply of coins. - EIP-1559 changed the way transaction fees work, but some believe it has led to inflation. - A fixed supply could potentially stabilize the value of Ethereum by preventing inflation. - All transaction fees could be directed to validators if a fixed supply model is adopted. - The author questions whether reverting to a fixed supply is a better option than the current system. ELI5: The article discusses the idea of changing Ethereum's supply model back to a fixed amount, which means there would be no new coins created over time. This could help control inflation and ensure that all transaction fees go directly to the people who validate transactions on the network.

🤖The Weekly Roundup📈 A practical proposal for Multidimensional Gas Metering By: @misilva73 🔗 2 comments this week The Glamsterdam equation By: @weboftrees 🔗 1 comments this week An Ethereum Prover Market Proposal By: @_julianma 🔗 🔥 6 comments this week Generating Pasta keypairs By: 71104 🔗 1 comments this week Confidential Wrapped Ethereum By: Arvolear 🔗 1 comments this week Tasklist for post-quantum ETH By: p_m 🔗 1 comments this week

New post on ! LMD GHOST with ~256 validators and a fast-following finality gadget By: - @VitalikButerin 🔗 Highlights: - Reducing Ethereum's slot time can be achieved by optimizing the way transactions are processed and finalizing them separately. - Using around 256 validators for quick confirmations allows for faster transaction processing without changing security assumptions. - A separate finalizing consensus mechanism can be implemented to finalize transactions after the initial confirmation, providing flexibility in choosing the method. - This approach allows for handling more validators efficiently, potentially increasing the validator count to 1 million without complex techniques. - The proposed method simplifies the process, reducing interaction effects and making it easier to manage validator participation. ELI5: This research explores how to make Ethereum faster by changing how it processes transactions. It suggests using a smaller group of validators to quickly confirm transactions, while a larger group works on finalizing them later. This way, Ethereum can handle more transactions without compromising security.

New post on ! Maintaining Effective Blob Fee Markets During Network Scaling: Dual-Variable EIP-1559 By: - Xiawpohr - Shao - Chih Cheng Liang - Panta Rhei 🔗 Highlights: - The current blob fee market on Ethereum is becoming ineffective due to oversupply as demand does not keep pace with increased capacity. - The proposed dual-variable EIP-1559 mechanism adjusts both the base fee and target blob gas dynamically to stabilize fees during scaling. - This new mechanism helps maintain economic incentives for validators and provides predictable costs for users, ensuring network security. - The dual-variable approach is designed to be easy to implement, building on existing EIP-1559 with minimal changes. - The research highlights the importance of adapting fee structures in real-time to prevent market breakdown during periods of rapid scaling. ELI5: Ethereum is getting bigger and can handle more data, but sometimes there’s too much data available and not enough people using it, which makes the fees for using that data drop too low. This research suggests a new way to adjust fees automatically based on how much data people are actually using, so that fees stay fair and effective even as the network grows.