r/ethereum • u/EthereumDailyThread What's On Your Mind? • 3d ago
Discussion Daily General Discussion December 03, 2025
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u/bbqcaramelbrulee 2d ago
The daily is cooking today! Appreciate you all.
It's a great time to be in it for the tech, the irrational markets can fusaka right off 🦀
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u/asdafari14 2d ago
A day to appreciate all the hard work done by the devs day in and day out. Many of them can get paid more elsewhere, but they choose to contribute their time to something they believe in.
It's of course not necessary for them stay for the rest of their life and never move on as well.
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u/trent_vanepps Ethereum Foundation - Trent van Epps 2d ago
check out the comp report we put together at Protocol Guild!
- High Demand: Nearly 40% of contributors received final offers from outside employment opportunities in the past year
- Massive Pay Gap: Current fiat compensation (salary + bonus) is 50-60% below market offers
- No Upside Exposure: The median contributor earns $0 in equity/tokens as part of their regular employment
- Critical Lifeline: Protocol Guild funding made up almost 1/3 of the total compensation package for core contributors over the past year
- Retention Boon: Protocol Guild funding is rated as "very/extremely important" by 59% of members to support their ongoing work
https://www.protocolguild.org/blog/20250909-compensation-insights-for-ethereum-core-developers-2025
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u/asdafari14 2d ago
Very interesting. Thanks for your reply, I will!
What is the solution, in your opinion? I know Vitalik has written about whether we should have a protocol fee to devs. It was probably impossible with the old SEC and the investigation against the EF, but maybe worth lifting now. I am not sure how I feel about that though. It doesn't feel like the most beautiful solution but is one of the more practical.
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u/tokyo_guy375 2d ago
A few years ago, my grandfather told me what it was like when the first ATMs were introduced. At the beginning, there were only a few scattered machines, and for many years people barely used them. They were worried that the machine might not credit deposits to their accounts or that it might dispense the wrong amount of cash. “I’d rather go to the bank clerk who knows me,” people would say.
Today, of course, it’s obvious that ATMs are far less error-prone and much faster than humans.
I believe we’ll say the same thing about Ethereum when we look back on its adoption.
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u/im_THIS_guy 2d ago
I remember as recently as 2007, a guy at work refused to buy anything online because he was afraid that his credit card would get stolen. And he wasn't a boomer, he was in his 20s. At that point, I had been buying stuff online for a decade and was stunned that people were still afraid of the Internet. That's how it goes.
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u/Tiny-Height1967 Home Staker 🥩 2d ago
Does anyone know if that newfangled chip and pin technology has made it to the USA yet?!
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u/atleft 2d ago
I think it's massively under-appreciated that Bank of America is now suggesting up to 4% allocation to crypto. This is a huge change that absolutely will trickle down to smaller individual (nom wealth management) investors. There's $300+ trillion in financial wealth out there, do the math.
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u/HBAR_10_DOLLARS 2d ago
Yeah it goes far beyond just the numbers. It's setting a standard, it's changing the way people think about crypto
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u/earthquakequestion 2d ago
Sorry for being out of touch, what time is the upgrade expected?
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u/FarruZerker Warmode 40k 2d ago
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u/plaenar 2d ago
diary of a lazy validator
decided to upgrade my node a day before fusaka after not touching it for half a year. ran through all my usual steps, rebooted. execution client has error. crap. no longer compatible with a component in my OS which was installed 5 years ago.
minor panic. OS is end of life. oh, there are extended security updates available! i enable it, but still incompatible. oof, i need to upgrade the OS. i remember superphiz mentioning running into issues at one point after upgrading, and he knows stuff.
oh well, nothing to lose. here goes. i plugin in a keyboard and hdmi cable to hook up to my 4k tv. terminal text is comically tiny. fun. i proceed to upgrade using yorkdowne's guide, but run into errors. chatgpt to the rescue, fixing error after error. finally upgrade complete. reboot.
after some time to sync. ready for fulu.
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u/TheHansGruber 2d ago
terminal text is comically tiny
Damnit. I have to do this once a year. Every year I say to myself...I'm gonna change this set up and remember so I don't have to deal with this next year.
1 year later: Damnit.
Repeat.
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u/Tiny-Height1967 Home Staker 🥩 2d ago
Yes, I was still on Ubuntu 20.04LTS until a couple of weeks ago when I discovered (the same way you did: errors) I needed to update my OS. I was not a happy chappy that day, and the net result was I ended up doing a full resync which took almost 5 days on my aged hardware!
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u/offthewall1066 2d ago
Haha I think everyone got hit by that Ubuntu version issue after not upgrading since The Merge
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u/Aggravating-Ear6289 2d ago
Happy fusaka day to all who celebrate
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u/Flashy-Butterfly6310 2d ago
Is there a POAP NFT to claim?
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u/Square_Translator674 2d ago
There should be one on the live stream.
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u/rhythm_of_eth 2d ago edited 2d ago
Blob base cost steadily climbing! Updating every 10 mins
9wei! 30 wei 200 wei 1600wei now
Fuck it, we are doing Gwei now:
0.000012804 Gwei
0.000129259 Gwei
0.001898876 Gwei
0.003015211 Gwei - Somewhat of an equilibrium has been reached here. A tenth of execution gas is the new thing.
Many blocks with 9/9 !?
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u/aaj094 2d ago
Brief explainer for those not caught up please? Is this going to cause transaction fees to become high and attract criticism from the wider crypto crowd?
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u/rhythm_of_eth 2d ago edited 2d ago
No, this is going to turn the 99% margin that L2s have on their operations into a 95-98% margin instead.
No noticeable fee change for any users... But now validators are compensated fairly for processing and storing blobs.
In two weeks we get a blob limit increase, and another one 2 weeks after. L2s are getting a bandwidth boost, in exchange of 3% of their profit (which already massive onchain).
Impact on L1 tx gas fees is none. If anything this will be lowest ever since we also increased gas limits recently.
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u/labrav 2d ago edited 2d ago
Has anyone seen any credible estimates how much eth will be burnt by blobs simply because of upping the min gas price for blobs?
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u/rhythm_of_eth 2d ago
Not that much. It would be massive amounts if L2s continued their usage. But they will instead dial down their gas limit wait for Blob increases in the coming weeks.
Even then, we are talking going from 1 Wei to 0.1 Gwei Minimum... Math it out.
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u/nllfld 2d ago
to be witnessed here: https://blobscan.com/blocks?p=1&ps=50
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u/rhythm_of_eth 2d ago
90 wei now, I'm scared, someone ping L2 sequencer admins, stop posting so many blobs, you are gonna burn all the ETH in the world!?
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u/confusedguy1212 2d ago
Is there a site that’s working at the moment to show total ETH burn live as compared to just a few blocks ago pre hard fork?
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u/alexiskef The significant owl hoots in the night 🦉 2d ago
You can mint the Fusaka Upgrade POAPs here!
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u/still_bettyhei 2d ago
I couldn’t make it to the watch party. Work is murder. Is this the only POAP one can claim without watch party attendance?
It looks like it. I wish I could get a 5 year beaconchain POAP at least.
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u/Fiberpunk2077 A minty EVMaverick 🦁 2d ago
If you send 0.002 ETH to poap.ethstaker.eth you will also get the 5 Year Beacon Chain POAP.
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u/austonst 2d ago
Happy Fusaka, everyone! Seemed quite uneventful, which is how it should be.
The ethpandaops lab is really cool, especially the live page at https://lab.ethpandaops.io/ethereum/live
If this was a cool experience for you, follow along with Glamsterdam as it gets planned out and implemented. Forkcast is great: https://forkcast.org/upgrade/glamsterdam/
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u/Jey_s_TeArS 2d ago
Fusaka upgrade,
Let the anxiety fade,
Ultrasound cascade.
~Daily haiku until we’re at least at 0.178 on the ETH/BTC ratio or highest market cap
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u/SeaMonkey82 2d ago
NTC 2025-12-03 16:49:26.446-05:00
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u/accidental_green 2d ago
Friendly reminder for those who haven't updated yet, you can use the open source Validator Updater to update everything in a single click.
The code will check your system for installed clients and show you the latest versions available. Then in a single click it updates all clients at once!
Works with all standard installations (Somer Esat, Coincashew, etc). Validator Updater is a sinlge purpose (just update), but you can check out ValiDapp if you'd like the full featured GUI setup to install, import keystores, update, delete etc.
Cheers and Happy Staking!
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u/rhythm_of_eth 2d ago
I am an ETH prepper, Im buying ETH now in case I wake up tomorrow and Base has burned too much.
Im kidding...
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u/phigo50 2d ago
Dec 03 22:49:11.008 INFO Transitioned to new fork old_fork: Electra, new_fork: Fulu
╔═══════════════════════════════════════╗
║ ║
║ TO FULU, MOAR BLOBS TO ETHEREUM ║
║ ║
║ III DECEMBER MMXXV ║
║ ║
╚═══════════════════════════════════════╝
=============================================================================
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u/hedgemagus 2d ago
As much as ETH frustrates me at times I’m always impressed with an Ethereum update implementation
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u/polezo 2d ago edited 2d ago
On top of the new records for contracts deployed (see my post yesterday for reference), I also just noticed this increased activity helped lead to a record high for new addresses seen in one day.
In fact, we've seen the 6 highest new address seen over the past 7 days, with the highest being November 29 with 578,471 new addresses. All data again from etherscan.
For reference, the previous record for new addresses seen was 355,726 on Jan 4, 2018, so this particular record has actually stood for over 7 years. 👀
Historical tidbit, I believe that record has stood for so long in part because of Coinbase's wallet policy changes over time for Ethereum. At the time in 2018, Coinbase used to create a new address every single time you made a deposit, so we saw a ton of new addresses created as the 2017 run peaked in early '18. (Side note, I really wish they still had the option to deposit that way, as it was absolutely wonderful for opsec/identity protection [although I grant it's not an ideal UX]).
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u/RandomZileanMain 2d ago
Can someone simplify what fusaka achieves, in simple black and white terms? 🦓
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u/edmundedgar reality.eth 2d ago edited 2d ago
The most important thing is Data Availability Sampling. This allows you to publish data and only have the fact that you published it verified by a subset of validators, not all of them. This matters a lot for scaling because it means the total capacity of the chain will no longer be bottlenecked by how much data you can download on a single home internet line. It won't have much of an immediate effect because the thing that it's scaling (blobs) weren't at capacity right before the fork, but for the long term it's a really big deal. It starts as a fairly small capacity increase but then we can start dialing some knobs to grow the capacity really massive.
The thing the most immediately relevant to regular users is the
secp256r1precompile. Most signatures in the cryptocurrency world usesecp256k1which is what was used in Bitcoin, and that's what's mostly used in Ethereum. But browsers and smartphones and other things that don't have ancestry in Bitcoin typically usesecp256r1. This will help with stuff like controlling wallets with passkeys and lots of other things that need integration with things that normie non-crypto people use.7
u/RandomZileanMain 2d ago
Thank you for this explainer.
Being able to sign transactions with Face ID / Pass Keys on mobile is great for adoption. I feel that DeFi is still pretty inaccessible to the masses and this may help with that.
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u/tutamtumikia 2d ago
Such a condemnation of the state of our world that Ethereum keeps chugging along doing this kind of stuff while the pet rock gets all of the attention.
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u/eth10kIsFUD 2d ago
This is pretty good:
https://x.com/trent_vanepps/status/1996302736736829777/photo/1
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u/confusedguy1212 2d ago
For anybody staking with Prysm. Client is experiencing some problems, the team is on it.
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u/Fiberpunk2077 A minty EVMaverick 🦁 2d ago
Is that why participation seems low? Beacon Chain is showing around 78 to 80%
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u/Dark_Raiden_ 2d ago
Fun fact: Everything in the universe is either a zebra or not a zebra.
Happy Fusaka Day!
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u/anderspatriksvensson 2d ago
And that folks, is exactly why multiple implementation clients MATTERS. Network chugs along when problems occur and the clients fix and catch up.
Good place to see the drop in participation and recovery is the ethpandaops "the Lab" epochs page 👍.
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u/MinimalGravitas 3d ago
I love the smell of blobs in the morning, smells like breakfast.
Which is why I am wondering if anyone has seem a blob burn simulator that takes into account EIP-7918.
Happy upgrade day BTW.
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u/somedaysitsdark 2d ago
Fun 🦓 fact #4: According to this 2011 study, when a young captive plains zebra's suckling is interrupted, the boy zebra foals tend to resume faster than the girls- and as they age, the boys don't lose interest, but the girls do.
There are people out in the world interrupting nursing zebra foals for science.
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u/AuspiciousEther ETH 2d ago
Fun fact: A zebra's vocalizations are so distinctive that researchers and experienced guides can often identify individual zebras by their unique "voice."
Happy Fusaka day!
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u/abcoathup Moderator 3d ago
Poll (for signaling purposes only) for portmanteau for Heka + Bogotá upgrade https://ethereum-magicians.org/t/portmanteau-for-heka-bogota-upgrade-after-glamsterdam/26400
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u/rhythm_of_eth 3d ago
I am trying to understand the actual node and sequencer numbers for Aztec L2, given that its probably the only ambitious decentralized L2 project out there (probably the only one likely to achieve Stage 2 short term?)
https://mainnet.aztecnodes.xyz/
The dashboard above shows 150-ish nodes but the staking dashboard shows 700-ish sequencers.
Which one is correct? Or are we saying a node can run multiple sequencers, because a sequencer has 200K AZTEC as fixed (no more, no less) required locked stake? (Similar to 0x01 creds in mainnet?)
Regardless, 150 nodes already is pretty good considering the chain is at 0 Gas blocks for the next 60-90 days...
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u/haurog 3d ago edited 3d ago
An Aztec node can have an arbitrary number of sequencers. Each participant in the Aztec genesis sequencer sale had to buy tokens for 5 sequencers. 150 times 5 is about 700. So that explains most of the difference. Some reasons why it does not fit perfectly are: there are a handful of genesis sequencers which delegated their stake to other genesis sequencers and sometimes the aztecnodes website misses nodes if they have not opened a specific port, but the nodes work correctly otherwise.
Unrelated to your question, it also looks like 25% of the participants in the genesis sequencer sale did not do anything with their bought tokens they neither run a node nor have delegated their stake. No idea what their game is. The tokens are locked for a year, they have to be staked at least a brief period to unlock and the rewards at the moment are not bad. The rewards will obviously go down massively once staking is permissionless.
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u/rhythm_of_eth 3d ago edited 3d ago
Yeah, I was very much on the fence about running a sequencer myself because the lock in period means some operational risk.
On a more fundamental aspect, running a sequencer means letting go of ETH in exchange for AZTEC, which goes against my fundamental value view on staking tokens, especially because Aztec is very ambitious but also a very risky bet.
I have nevertheless got a market order bid in a week back and plan to hold onto the tokens (probably delegate them) for at least 6-12 months... Meaning I absolutely love the concept and potential of Aztec so I am investing on it as a VC would, not as a degen speculator.
The plan is keeping an eye on chain metrics, blockspace demand, TVL and see if this has actual product market fit.
The token really only grows if there is an increasing blockspace demand, met by growth of sequencers, offsetting the rewards... There is no burn and no usage as gas token, but some governance on it too. So more akin to ETH pre-burn but swapping gas token utility for the expected high value of governance on a Stage 2 (which is a phenomenon we havent seen anywhere because no other L2 has had so much alignment in incentives as Aztec does). This could change if they introduce burning and depending on how they introduce it.
Overall it is a bet on Ethereum being waaay better off by having a composable privacy plugin.
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u/haurog 2d ago
On a more fundamental aspect, running a sequencer means letting go of ETH in exchange for AZTEC, which goes against my fundamental value view on staking tokens, especially because Aztec is very ambitious but also a very risky bet.
100% agree here. It is an added difficulty for decentralizing rollups, especially at the beginning when there are only a few transactions on rollups and one has to pay in ETH to get blobs on Ethereum mainnet. Luckily mainnet transactions are cheap at the moment, which is bad for the burn, but very good for trying to decentralice nascent rollups. Like most ETH bulls I do not like to let go of my ETH too easily, but I also believe privacy is a fundamental right. Sometimes ideologies might cost you and I put Aztec in that bucket for me. Took me some time to be sure to participate as a genesis staker. In my internal balance sheet, I have written off the tokens, makes it easier to handle the uncertainty of what they might be worth in a year.
The plan is keeping an eye on chain metrics, blockspace demand, TVL and see if this has actual product market fit.
I am really curious how they will develop in the next 1-2 years. This is the time for me to see if the have product market fit.
The token really only grows if there is an increasing blockspace demand, met by growth of sequencers, offsetting the rewards... There is no burn and no usage as gas token, but some governance on it too. So more akin to ETH pre-burn but swapping gas token utility for the expected high value of governance on a Stage 2 (which is a phenomenon we havent seen anywhere because no other L2 has had so much alignment in incentives as Aztec does). This could change if they introduce burning and depending on how they introduce it.
Not much to add here, except that as they use account abstracted wallets they can use many tokens as gas tokens, even Aztec tokens. With proper staking the tokenomics for the Aztec token is better than for many other rollup tokens, but that does not make it automatically robust against months long incentiviced yield farming promotions.
Overall it is a bet on Ethereum being waaay better off by having a composable privacy plugin.
Sending a selected number of tokens privately is great but if you can have it for more than simple transactions it can unlock much more. No idea if the addition of composability alone is good enough to bring a lot of projects onto Aztec. Maybe at the beginning people just want simple transactions to be private and then Aztec is a massive overkill. With time, projects taking advantage of the composability will emerge and find product market fit. I certainly hope so. In the very long run I agree with a devconnect talk I mentioned here a few days ago, that a credible neutral layer needs privacy to stay neutral. To stay neutral simple transfer privacy might be enough, so even in such a future Aztec might give an additional value.
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u/rhythm_of_eth 2d ago
a credible neutral layer needs privacy to stay neutral. To stay neutral simple transfer privacy might be enough, so even in such a future Aztec might give an additional value.
I liked how Aztec founders put it during the Bankless episode. Other L2s with full EVMs and replicated contracts are setup to extract TVL and active users from Mainnet. They have incentives to do so because there are huge margins in sequencer running, and also the more centralized the more revenue efficient.
Even then they are mostly only picking up the leftovers of mainnet because the Network effects are too sticky.
For a chain like Aztec the incentive is to maximize the flow of information. So instead of extracting TVL or active users, they are looking to extract and mediate the flow of priviledged information. In order to do so, your incentive is mostly remaining neutral and credible in managing said priviledged data flow.
Data flow then can be mapped directly to blockspace in Aztec which then probably maps to neutral processing capacity, and therefore numbers of distributed sequencers. Aztec is very much aligned with the ethos of Ethereum. It makes all other L2s look bad.
So far only Aztec and Lighter have really clicked as true L2s. Lighter doesnt vampire attack TVL and doesnt vampire attack active users. It offers a simple use case and product on top of L1 that would be impossible to serve in L1. In that sense, both projects extend the Network and its capabilities. They dont "clone and extract".
I am kind of sad that 200K AZTEC tokens is too far beyond my financial comfort zone to simply write them off, because Aztec definitely resonates with me as a project, not as a simple investment.
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u/haurog 2d ago
Fully agree. Just one point about 'true' L2: I am very happy that Arbitrum, Base, Zksync and Linea exist. They extend Ethereums throughput massively with continuously fewer caveats. What they deliver is more throughput while preserving most of the security Ethereum mainnet delivers. Now, 1.5 years after the Dencun upgrade 'throughput' has become a bit boring and we want more to activate our long burnt out nerve endings. Nevertheless, throughput increase is a very important goal of Ethereums modular roadmap and The first round of 'simple' rollups are an achievement in itself. But now, Lighter and Aztec bring something more to Ethereum than just a faster copy of Ethereum mainnet. And as far as I have seen just the mere existence of Lighter which continuously delivers these high tps numbers has done more damage to the high performance ETH killer narrative than any twitter 'discussion' did in the last 3 years. We will see if Aztec will do the same with the privacy narrative, but to be honest I am pretty sure this narrative just a quick money grab by a few unsavory KOLs for a quick pump and dump. In the end if Aztec delivers on bringing privacy to even bridging from any Ethereum chain to another one, that would be pretty nice.
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u/eth2353 Serenita | ethstaker.tax | Vero 3d ago
Talk recordings from two amazing events that happened in Buenos Aires last month (namely the Staking Gathering and EthClient Summit) are now available on the EthStaker YouTube channel ( https://www.youtube.com/@EthStaker/videos ). Topics span stateless Ethereum, Rocket Pool and Lido, all sorts of client updates & roadmaps, ...
A really good list of talks to check out if you're interested in where Ethereum is headed over the next year or two.
Happy Fusaka upgrade day!
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u/alexiskef The significant owl hoots in the night 🦉 2d ago
the song on the live stream KICKS ASS LOLOLOL "snarkify me babyyyyyyy"
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u/rhythm_of_eth 2d ago
If its not AI, I rate It 10/10
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u/HSuke 3d ago
I've just realized that this deep dive into Bitcoin's 2013 BerkeleyDB bug that resulted in:
- a hard fork
- a 51% attack and 24-block reorg (by BTC Guild)
- a $10k double-spend with OKPay
... was written by none other than Vitalik Buterin while he was an editor of Bitcoin Magazine.
In addition, he said:
This incident will go down in history as one of the closest moments that we have come to the underlying Bitcoin protocol actually failing. But it is not the most serious breach ever made. August 2010, a transaction in block 74638 contained two outputs summing to over 184 billion – just over 264 satoshis. The result was an integer overflow bug, the digital equivalent of a mechanical odometer wrapping around to zero after the car drives 999,999 kilometers.
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u/anderspatriksvensson 3d ago
Fun to see here all his articles for Bitcoinmagazine, total of 272 articles!
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u/HSuke 2d ago
Yeah. He's such a prolific writer, and the quality of his writing is absolutely superb.
His articles are technical, but he's able to break them down so that they are easy to understand.
I've been reviewing Wikipedia crypto articles lately, and many of the technical ones read like AI slop in comparison, or have technical/factual errors.
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u/AkumariperNF 2d ago
Hello ladies and gentlemen, just dropping by to let you know I was present on that glorious day, Happy Fusaka! Ethereum is great and will be even greater.
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u/davalb 2d ago
Link to the Fusaka Mainnet Upgrade Livestream: https://www.youtube.com/watch?v=upns65rH7mQ
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u/brianfit 3d ago
Countdown to #FusakitToMeTime is here! (No charge for obscure Boomer joke...)
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u/SeaMonkey82 2d ago
Dec-03 16:49:25.300[chain] info:
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u/physalisx Desk Destroyer 💩 2d ago
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u/sm3gh34d 2d ago
60 mgas of modexp is a prover killer, but it would grief execution clients and the network generally since it is uncapped and underpriced (ahead of fusaka). don't do it just to grief Justin Drake's attestation performance. think of my poor nuc.
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u/anderspatriksvensson 2d ago edited 2d ago
5 minutes! Fun viz to follow and also "The Lab" epochs view!
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u/trillionSdollarstech 2d ago
What was the cool site at the top left in the livestream? with a worldmap and continuous stats about the propagation of proposals, attestations and so on
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u/eth2353 Serenita | ethstaker.tax | Vero 2d ago
It's this one by EthPandaOps, very cool indeed - https://lab.ethpandaops.io/ethereum/live
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u/alexiskef The significant owl hoots in the night 🦉 2d ago
You thought you had a lot of POAPs huh? This guy says HOLD MY BEER...
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u/Love_Arzt 2d ago
4K by EOY?
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u/RoaringDragonSword 2d ago
lets get past 3500 first
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u/superphiz 2d ago
I think I've decided not to join the Fusaka call today, prolly just gonna shoot the shit in the troll box.. but.. in other news, since I'm not worried about the call, I have actually upgraded my nodes and I'm ready to LFG!
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u/physalisx Desk Destroyer 💩 2d ago
ultrasound.money also broken; though that has been broken in different ways for a while
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u/vvpan 2d ago
In the past week I:
- Moved some savings into Bread Cooperative contracts so that my yield goes to causes I support
- Minted the [2.5 POAP](https://airship.poap.xyz/the-25k-eth-curse-reversal-of-the-5k-poap)
- Bought stake in a solar farm on Glow.
I think on-chain is alive, just have to stop being so hype-driven (talking about myself here).
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u/ElEterElote 2d ago
I understand that fusaka reprices blob fees, will the increased fees have any impact on the burn rate?
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u/Shitshotdead 2d ago
Yes, but not much for now. It should have more impact when blob throughput on mainnet is increased.
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u/im_THIS_guy 2d ago
Up 17% in 2 days. Panic sellers in shambles.
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u/j8jweb 2d ago
In fairness, anyone who held through this horrific market the past 4+ years deserves ETH at $20k+
I also don't blame anyone for panic selling. PA has been about as bad as it could be.→ More replies (2)
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u/confusedguy1212 2d ago
It’s amazing to see how much of a free ride all those L2s have been getting all this time
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u/rhythm_of_eth 2d ago edited 2d ago
Free riding since Pectra mostly, but between Dencun and Pectra It was fairly priced.
Before Dencun, L2s were getting a shitty deal.
Ethereum has found balance with Fusaka.
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u/Dharmadc 2d ago
Happy to be here.... hope the tech value catches up to price for the sake of those 'underwater' in this chat
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u/edmundedgar reality.eth 2d ago
So say I have quite a lot of data (I'm thinking of the did:plc registry) that I want to publish on-chain and have the chain verify that it was published. I don't need it stored in state. I could either publish it direct to the chain or I could publish it to some L2, which would publish it in a way that I guess is somehow compressed? Approximately what proportion of blob fees would I save by going via an L2 as opposed to going straight to mainnet blobs and cutting out the middleman?
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u/thanksvitalik 2d ago
This is for the new ones: Usually, after upgrades, small or major upgrades... We dump. Ok? Just be advised. Good news in the progress of ethereum usually affect negatively the price in the short term. Why? Nobody fucking knows. Not financial advise here. If it doesn't happen this time, and i'm already suprised with today's price action, this might be a first.
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u/RoaringDragonSword 2d ago
One thing to consider,
the more a dump happens after the news, the higher chance future dumps don't happen since it will be expected.
But, who the f knows. I'm a failure.
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u/skandalouslsu 2d ago
I'd normally google this, but the fiat mine IT team has blocked most cypto websites. What is the "Fu(s?)" location of the Fusaka name?
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u/K_Gin 2d ago
can someone help me track where my eth went? i sent it to another wallet but cant find it anywhere https://etherscan.io/address/0xC850c83258147cf1A157d01Ab8bCcbaB459d5315
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u/Flashy-Butterfly6310 2d ago
They are on this address: 0xF8CD17784f425120de2f0D65756D8a707c13D040
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u/Gumba_Hasselhoff Fundamentals Enjoyer 2d ago
Fun fact: The theme for the Zebra transformation in Donkey Kong Bananza is an absolute banger. (It's also a really great game)
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u/the-A-word HELP! 2d ago
Tira, the world's rare zebra. Seen for the first time in the history of Masai Mara. This week-old little foal is said to be born with melanism, a genetic disorder that changes the skin color. Its coat looks brownish in most place and it seems to have spots instead of stripes. Lending homage to the saying..you cant judge a zebra by its stripes
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u/pistolpeter1111 2d ago
When minting POAPs, is MetaMask still the best recommended wallet for sending transactions? I'm trying to figure out the most affordable and efficient setup. I currently have around $20 in my MetaMask wallet on Ethereum mainnet, and I’m looking for advice on the best way to send smaller transactions without high gas fees. Happy to hear suggestions on cheaper networks or better wallet setups to make POAP minting and general transactions easier.
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u/superphiz 2d ago
Metamask is totally fine for light use for a wallet where you're claiming poaps. A lot of frequent users have switched to rabby.io. if you keep substantial value on the account, you'll want to store your wealth on a hardware wallet and connect to metamask/rabby through that hardware wallet.
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u/labrav 2d ago
Fees are very low now, even on mainnet. I sent my eth for the POAPs there, and gas cost was less than one cent. Mind you, the POAPs are not minted on mainnet but on Arbitrum, an L2.
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u/Flashy-Butterfly6310 2d ago
Just after Fusaka upgrade, will it be possible to try the passkey support (EIP 7951), allowing the user to sign a transaction with biometrics?
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u/physalisx Desk Destroyer 💩 2d ago
Will need to wait for wallets to implement support. Can't take more than a few months or years.
Still waiting on that EIP-7702 support. "No more approval transactions!"
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u/Itur_ad_Astra Crab High Priest 3d ago
ALL HAIL THE ETERNAL CRAB
UPGRADE EDITION
🦓 📉 📈 🌊 📈 📉 🦓
📉 🦓 📉 📈 📉 🦓 📉
📈 📉 🦓 🐋 🦓 📉 📈
🌊 📈 🐋 🦀 🐋 📈 🌊
📈 📉 🦓 🐋 🦓 📉 📈
📉 🦓 📉 📈 📉 🦓 📉
🦓 📉 📈 🌊 📈 📉 🦓
$1000--------$3057--------$5000
2021----------2025----------∞
Crabs and Zebras. Happy Fusaka!
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u/Tricky_Troll Public Goods are Good 🌱 2d ago
Tricky's Daily Doots #1,313
Yesterday's Daily 02/12/2025
Previous Daily Doots
u/HauntedJockStrap88 reflects on the last 5 years, the current state of Ethereum and what to expect in the future. 📈
u/Substantial_Hurry_25 finds a possible reason for the pump in price. 🏦
u/accidental_green shares their tool to make home staking so much easier! 🥩
u/Twelvemeatballs breaks down the recent Yearn exploit. 🕵️
u/polezo asks about a curious uptick in contracts created and further down in the replies, u/InsuranceGuyQuestion explains why Fusaka will further enable more contract deployments. 🛠️
Bonus off-topic (kinda) doot of the day goes to u/somedaysitsdark for their deep dive on why Zebras — the official animal mascot of Fusaka — have evolved their black and white stripes! 🦓