{"id":6530,"date":"2024-12-25T07:00:57","date_gmt":"2024-12-25T06:00:57","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=6530"},"modified":"2024-12-25T07:00:57","modified_gmt":"2024-12-25T06:00:57","slug":"ethereum-foundation-insights-the-future-of-blockchain-innovation","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2024\/12\/25\/ethereum-foundation-insights-the-future-of-blockchain-innovation\/","title":{"rendered":"Ethereum Foundation Insights: The Future of Blockchain Innovation"},"content":{"rendered":"\n<div id=\"\">\n<p class=\"chakra-text css-gi02ar\">tl;dr<!-- --><\/p>\n<p><!-- --><\/p>\n<ul role=\"list\" class=\"css-1onhfjo\">\n<li class=\"css-cvpopp\">Merge progress &#8212; slight specification updates, engineering moving forward at full speed \ud83d\ude82<!-- --><\/li>\n<li class=\"css-cvpopp\">No advancement in client variety. Be strategic, operate a minority client!<!-- --><\/li>\n<\/ul>\n<p><!-- --><\/p>\n<h2 class=\"chakra-heading css-1w54o5f\" id=\"merge-update\">Merge update<!-- --><\/h2>\n<p><!-- --><\/p>\n<p class=\"chakra-text css-gi02ar\">To start, &#8212; outstanding job to all the engineering crews on the Kintsugi sprint, which concluded with the unveiling of the Kintsugi Merge testnet. It is remarkable to observe 3 execution clients and 5 consensus clients for a combined total of <!-- --><em class=\"chakra-text css-0\">15<!-- --><\/em> distinct pairings functioning cohesively.<!-- --><\/p>\n<p><!-- --><\/p>\n<p class=\"chakra-text css-gi02ar\"><a target=\"_blank\" rel=\"noopener\" class=\"chakra-link css-ug8vf0\" href=\"https:\/\/kintsugi.themerge.dev\/\">Kintsugi\ud83c\udf75<!-- --><\/a>, the inaugural long-term Merge testnet, was full of excitement. The <!-- --><a target=\"_blank\" rel=\"noopener\" class=\"chakra-link css-ug8vf0\" href=\"https:\/\/twitter.com\/hashtag\/TestingTheMerge?src=hashtag_click\"><span class=\"chakra-text css-ons8vw\">#TestingTheMerge<\/span><\/a> initiative aggressively tested the testnet with transactions, invalid blocks, and several other tumultuous inputs, revealing some glitches in state transition, synchronization, and beyond. While we anticipate encountering such issues in early testnets, with each round, clients become increasingly stable.<!-- --><\/p>\n<p><!-- --><\/p>\n<h3 class=\"chakra-heading css-145upk7\" id=\"kiln-reboot\">Kiln reboot \ud83d\udd25\ud83e\uddf1<!-- --><\/h3>\n<p><!-- --><\/p>\n<p class=\"chakra-text css-gi02ar\">A few weeks back, teams detected a significant problem. This was a discrepancy in the <!-- --><a target=\"_blank\" rel=\"noopener\" class=\"chakra-link css-ug8vf0\" href=\"https:\/\/github.com\/ethereum\/execution-apis\/blob\/main\/src\/engine\/interop\/specification.md\">engine API<!-- --><\/a> (how the PoS consensus layer influences the execution layer) semantics regarding the actual operation of execution-layer clients in practice. The summary is that, in certain situations, the consensus layer was inadvertently placing unexpected strain on the execution layer.<!-- --><\/p>\n<p><!-- --><\/p>\n<p class=\"chakra-text css-gi02ar\">Engineers subsequently recognized that if the engine API semantics were marginally more adaptable, the two layers could collaborate more smoothly. This resulted in a subtle, yet crucial, amendment of the <!-- --><a target=\"_blank\" rel=\"noopener\" class=\"chakra-link css-ug8vf0\" href=\"https:\/\/github.com\/ethereum\/execution-apis\/pull\/165\">engine API<!-- --><\/a> and a corresponding <!-- --><em class=\"chakra-text css-0\">breaking<!-- --><\/em> specification publication.<!-- --><\/p>\n<p><!-- --><\/p>\n<p class=\"chakra-text css-gi02ar\">Today, the <!-- --><a target=\"_blank\" rel=\"noopener\" class=\"chakra-link css-ug8vf0\" href=\"https:\/\/hackmd.io\/@n0ble\/kiln-spec\">Kiln spec\ud83d\udd25\ud83e\uddf1<!-- --><\/a> was issued, and engineers are actively implementing the alterations. By the conclusion of this sprint, teams aspire to develop production-ready implementations for a novel testnet for public usage. Stay alert for details on how to engage.<!-- --><\/p>\n<p><!-- --><\/p>\n<p class=\"chakra-text css-gi02ar\">Following that, teams will shift public testnets to proof-of-stake prior to preparing for the mainnet.<!-- --><\/p>\n<p><!-- --><\/p>\n<h2 class=\"chakra-heading css-1w54o5f\" id=\"client-diversity-metrics\">Client diversity metrics<!-- --><\/h2>\n<p><!-- --><\/p>\n<p class=\"chakra-text css-gi02ar\">Michael Sproul introduced a new wave of <!-- --><a target=\"_blank\" rel=\"noopener\" class=\"chakra-link css-ug8vf0\" href=\"https:\/\/twitter.com\/sproulM_\/status\/1481109509544513539\">client diversity metrics<!-- --><\/a> utilizing his innovative fingerprinting technique. Unfortunately, the distribution of validating nodes has not changed in the last 6 months.<!-- --><\/p>\n<p><!-- --><\/p>\n<p class=\"chakra-text css-gi02ar\">The variety of consensus-layer client implementations grants Ethereum and its users a distinctive and strong resilience against software failures and attacks. Users achieve some resilience by utilizing a minority client irrespective of the network composition, while the network itself gains resilience at several key validator distribution milestones.<!-- --><\/p>\n<p><!-- --><\/p>\n<p class=\"chakra-text css-gi02ar\"><strong>If a single client<!-- --><\/strong>:<!-- --><\/p>\n<p><!-- --><\/p>\n<ul role=\"list\" class=\"css-1onhfjo\">\n<li class=\"css-cvpopp\">Does not surpass 66.6%, a fault\/bug in one client <!-- --><em class=\"chakra-text css-0\">cannot be finalized<!-- --><\/em><\/li>\n<li class=\"css-cvpopp\">Does not exceed 50%, a fault\/bug in a single client&#8217;s fork choice <!-- --><em class=\"chakra-text css-0\">cannot dominate the head of the chain<!-- --><\/em><\/li>\n<li class=\"css-cvpopp\">Does not go beyond 33.3%, a fault\/bug in one client <!-- --><em class=\"chakra-text css-0\">cannot disrupt finality<!-- --><\/em><\/li>\n<\/ul>\n<p><!-- --><\/p>\n<p class=\"chakra-text css-gi02ar\">According to the fingerprinting technique, Prysm continues to remain above the 66.6% threshold.<!-- --><\/p>\n<p><!-- --><\/p>\n<p class=\"chakra-text css-gi02ar\">I want to extend a significant acknowledgment to the teams, individuals, and communities dedicated to client diversity (<!-- --><a target=\"_blank\" rel=\"noopener\" class=\"chakra-link css-ug8vf0\" href=\"https:\/\/miro.medium.com\/max\/1400\/1*MKv4_wX5i-G5eOERW3ctSQ.png\">exhibit A<!-- --><\/a>, <!-- --><a target=\"_blank\" rel=\"noopener\" class=\"chakra-link css-ug8vf0\" href=\"https:\/\/drive.google.com\/file\/d\/1M9bOFalecnJf_pcYoxO7fWN4P1IH8PZ0\/view\">exhibit B<!-- --><\/a>). Operating a minority client is not only beneficial for the network but also more secure for the individual user&#8217;s assets.<!-- --><\/p>\n<p><!-- --><\/p>\n<p class=\"chakra-text css-gi02ar\">Be strategic (reasonable)! Operate a minority client \ud83d\ude80<!-- --><\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/blog.ethereum.org\/en\/2022\/01\/31\/finalized-no-33\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>tl;dr Merge progress &#8212; slight specification updates, engineering moving forward at full speed \ud83d\ude82 No advancement in client variety. Be strategic, operate a minority client! Merge update To start, &#8212; outstanding job to all the engineering crews on the Kintsugi sprint, which concluded with the unveiling of the Kintsugi Merge testnet. It is remarkable to<\/p>\n","protected":false},"author":3,"featured_media":6182,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[581],"class_list":{"0":"post-6530","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ethereum","8":"tag-return-a-list-of-comma-separated-tags-from-this-title-finalized-no-33-ethereum-foundation-blog"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ethereum Foundation Insights: The Future of Blockchain Innovation - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2024\/12\/25\/ethereum-foundation-insights-the-future-of-blockchain-innovation\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Foundation Insights: The Future of Blockchain Innovation - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"tl;dr Merge progress &#8212; slight specification updates, engineering moving forward at full speed \ud83d\ude82 No advancement in client variety. 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