On August 18th, Tim Beiko, a core developer of Ethereum, summarized the latest Ethereum core developer execution meeting (ACDE), which included updates on Devnet 8 progress, ElP-4788, Holesky test network, EIP editing, and the newly proposed EIP-7212 (secp256r1 precompiled). Tim Beiko also stated that the next ACDE is scheduled for August 31st at 22:00 Beijing time.

Regarding the recently launched Devnet 8, errors were found in some clients, but most have been fixed and other fixes are underway, and the network is being finalized. In addition, basic infrastructure has been established for Devnet 8 to support it.

Regarding the Holesky test network update, the new test network is scheduled to launch on September 15th. There is already a public process for requesting genesis allocation, providing a total supply of 1.6 billion HETH.