Go Ethereum releases Geth v1.13.11, enables Cancun and related changes in Sepolia and Holesky
Go Ethereum, the Go language client for Ethereum, announced the release of Geth v1.13.11. Sepolia will be upgraded on January 31st and Holesky will be upgraded on February 7th. This version fixes some errors and enables the Cancun upgrade for the Sepolia and Holesky networks. Additionally, it upgrades support for EIP-4844 transactions in API methods.
Lodestar Proposals for next Electra/Cancun Fork
With the implementation of Deneb/Cancun almost complete, client teams were asked to provide suggestions on inclusions to the next Electra/Cancun hard fork. This blog post is to outline the combined consensus of Lodestar’s main contributors, inspired by the writings of Paradigm’s Reth team and commendation of this method at AllCoreDevs Execution Meeting 179.
On Block Sizes, Gas Limits and Scalability
There has been much discussion about raising Ethereum’s block gas limit recently.Some argue for bigger blocks based on Moore’s law, some based on a personal gut feeling, some are just trolling around and others are afraid that other chains like Solana will outpace Ethereum when it comes to widespread user adoption.
Client diversity on Ethereum's consensus layer
Ethereum has multiple interoperable clients developed and maintained in different languages by independent teams. This is a major achievement and can provide resilience to the network by limiting the effects of a bug or attack to only the portion of the network running the affected client. However, this strength is only realized if users distribute roughly evenly across the available clients. At present, the vast majority of Ethereum nodes run a single client, inviting unnecessary risk to the network.
Ethereum moves back above $2,200
Aaccording to OKX market data, Ethereum rebounded above $2200 and is now priced at $2216.35, with a 24-hour decline narrowing to 6.48%.
Ethereum drops below $2,200
Ethereum fell below $2200 and is now trading at $2188.48, with a 24-hour drop of 8.48%. <br>
ETH briefly broke through $2,400 and then fell back, down 3.16% in 24H
According to the market data from Eu Yi OKX, ETH fell after a short-term breakthrough of 2400 USDT, and is now reported at 2395.74 USDT, with a 24-hour decline of 3.16%.
Ethereum recovers and briefly breaks through $2,400
According to OKX market data, Ethereum rebounded and briefly broke through $2400, currently priced at $2396, with a 24-hour decline narrowing to 3.1%.
Ethereum Foundation Engages in Major ETH Swap as Price Falls Below $2,400
The Ethereum Foundation has reportedly swapped over $1.5 million worth of ETH for DAI stablecoin, selling 700 ETH on Cow Protocol and acquiring 1.68 million DAI tokens. This move comes as the price of Ethereum dropped below $2,400 and major ETH whale activity suggests a further sell-off. In the past five hours, ETH worth $122.15 million has been dumped across various exchanges, including Binance and Coinbase. Despite a short-term bearish downturn, ETH is trading above the 50-day and 100-day EMAs, indicating a bullish sentiment in the long term.
Nethermind fixes a critical bug in Ethereum client
The development company Nethermind has fixed a severe error in the Ethereum execution client that caused block processing failure for validators. According to the company's Technical Director, Daniel Cadela, the consensus error affected software versions 1.23 to 1.25. All node operators need to update to version 1.25.2. The error was first reported by GitHub user wga22, who stated that the Nethermind execution client had an error when verifying transactions. Although this event affected a small portion of Ethereum nodes, it sparked a new discussion about the network's dependency on large clients such as Geth.
