A podcast where we highlight the brains of r/Ethfinance, including EVMavericks, every week!
Hosted by the one and only @ProDJKC!
You can find the full episode in the link here.
But here are the snippets of the top doots of this week:
1. u/eth2353 has the latest news on Ethereum consensus timing games.
In particular, Kiln, a major Ethereum staking node operator, is criticized for increasingly delaying block proposals to dangerously close to the attestation deadline, a strategy that might increase their profits but leads to higher missed or incorrect votes, potentially destabilizing the network.
2. u/HSuke reminds us to be vigilant.
A notable cryptocurrency enthusiast was tricked into downloading a Remote Access Tool by an attacker posing as a team member of a new project.
3. u/Dreth educates us on wallet security.
Emphasizing the importance of cybersecurity in the crypto community, advocating for the use of virtual machines for running unknown software, being cautious of crypto job offers, and isolating crypto activities to minimize risks, especially when engaging with potentially scam-ridden platforms like gaming projects.
4. u/HauntedJockStrap88 believes ETH's fundamental advantages will eventually play out.
Despite the recent poor performance, Ethereum's inherent advantages, such as minimal inflation, regulatory approval, reliable smart contract platform capabilities, and successful layer-2 scaling, position it as the preeminent choice for future blockchain adoption and transformative technology, with no substantial competition apart from unforeseen technological shifts.
5. u/smidge explains why the new EZPZ crypto EFT is good for Europe.
Franklin Templeton's EZPZ ETF, which is focused on a single crypto asset, presents a unique opportunity for European investors, as EU regulations typically require ETFs to hold a basket of assets; this development could potentially open new investment avenues if it adheres to EU standards.
6. u/696_eth recaps the week for EVMavericks.
The EVMavericks Weekly Recap highlights a busy week of activities within their community. Discussions ranged from crypto projects like Orderly and Debdrige, to traditional assets like stocks and gold. The group's "Degen chat" explored the nuances of real money versus meme money.
7.1 u/MerkleChainsaw brainstorms a possible way to fight MEV.
It might be possible to mitigate MEV without protocol changes by having validators voluntarily flag themselves as MEV-free and randomize transaction order, with wallets allowing users to choose MEV-free blocks for their transactions, although challenges include ensuring enough validators and users participate, and the risk of validators reverting to MEV for significant opportunities.
7.2 u/cryptoOwOcurrency builds off the last topic by drawing parallels to email.
The attempt to manage MEV through validator reputation tracking mirrors the complexities of email spam management, suggesting that without fundamental protocol changes, achieving a fair and effective system may be unfeasible.
8. u/haurog educates us on staking with RISC-V chip architecture.
Ethereum nodes have been adapted to run on RISC-V boards, an open-source CPU architecture, showing promising initial results and potential for broader application as the hardware continues to evolve.
9. u/Bob-Rossi reminds us of the purpose of EIP-1559.
EIP-1559 introduced a burning mechanism for Ethereum's base transaction fees to reduce inflation and secure ETH's value by limiting miner extractable value (MEV) and discouraging fee manipulation.
10. u/Tricky_Troll covers the pragmatic approach to privacy which many apathetic people may miss.
Minimizing one's digital footprint through simple measures like using privacy-focused browsers and avoiding data-collecting devices is crucial to reducing vulnerability to hacking, stalking, and unwarranted surveillance.
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