ner0_eth's profile picture. serving ethereum at @ethereumfndn

Toni Wahrstätter

@ner0_eth

serving ethereum at @ethereumfndn

Toni Wahrstätter reposted

Titan Builder at ~50% market share. That’s every second block coming from the same builder. …not great.

nero_eth's tweet image. Titan Builder at ~50% market share.
That’s every second block coming from the same builder.

…not great.

Toni Wahrstätter reposted

Ethereum's execution layer scaling roadmap is on track: - Continuous Gas Limit Increases (EIP-7935) - History Expiry (EIP-4444) - Delayed Execution (EIP-7886) - Block Access Lists (EIP-7928) - Block-Level Warming (EIP-7863) Here's a short thread with additional context👇


Toni Wahrstätter reposted

To scale the chain, we must invalidate invalid blocks as fast as we can validate valid ones. Easier said than done. Quick research post on mitigating DoS through malicious BALs: ethresear.ch/t/early-reject…


Toni Wahrstätter reposted

Ethereum must be resilient and credibly neutral. The two best ready EIPs to achieve this are FOCIL and correlated downtime penalties. Correlated slashing penalties are not working for decentralisation in practice, we’ve never seen one in 5+ years. On the other hand, we see…

Hegotá headliner proposals are open. Our take: FOCIL should headline and correlated liveness penalties should also be selected. In a world of private orderflow and builder dominance, Ethereum needs protocol-level inclusion guarantees to maintain censorship resistance.…



Toni Wahrstätter reposted

Bids.pics now shows the proposer as well. Watching the MEV-Boost market in real time is fascinating: every 12 seconds, builders compete to have their block chosen, continuously outbidding one another. The result is a live view into price discovery for block space…

nero_eth's tweet image. Bids.pics now shows the proposer as well.

Watching the MEV-Boost market in real time is fascinating: every 12 seconds, builders compete to have their block chosen, continuously outbidding one another. The result is a live view into price discovery for block space…

Toni Wahrstätter reposted

What does a block cost? The median cost to buy an Ethereum block moved from the low hundreds of USD in 2024 to a few tens of dollars more recently, largely driven by reduced MEV. The chart is based on MEV-Boost payments to proposers.

nero_eth's tweet image. What does a block cost?
The median cost to buy an Ethereum block moved from the low hundreds of USD in 2024 to a few tens of dollars more recently, largely driven by reduced MEV.
The chart is based on MEV-Boost payments to proposers.

Toni Wahrstätter reposted

Please, let's stop equating FOCIL with censorship resistance; it’s more nuanced than that. I disagree that halving slot time isn’t a game changer; it clearly is. Also, let’s not conflate Lean Ethereum with zkEVMs: moving to 6-second slots doesn’t inherently make zkEVMs harder to…

Are 6-second slots a game changer for ethereum? Not really. Consider these upgrades: blobs, peerDAS (data sharding), FOCIL censorship resistance, faster finality (e.g. ~3 block or 36 second finality instead of today's ~13 minutes), lean ethereum (zk hyperscaling), and…



Toni Wahrstätter reposted

bids.pics now also shows the time when a block was first seen in the network and highlights the winning bid and builder.

I got two new tools: bids.pics shows the MEV-Boost auction live, including bids, their timing, and dynamics that are usually opaque. xof.pics shows private/exclusive order flow at the block level. Both are built on data from @ethPandaOps. I had…



Toni Wahrstätter reposted

I got two new tools: bids.pics shows the MEV-Boost auction live, including bids, their timing, and dynamics that are usually opaque. xof.pics shows private/exclusive order flow at the block level. Both are built on data from @ethPandaOps. I had…


Toni Wahrstätter reposted

Blobs per block look the same for MEV-Boost and local builders. Reorged blocks, however, tend to include more blobs (e.g. ~15) than canonical ones. That’s interesting and worth investigating. Based on data from the last 20 days.

nero_eth's tweet image. Blobs per block look the same for MEV-Boost and local builders.
Reorged blocks, however, tend to include more blobs (e.g. ~15) than canonical ones.
That’s interesting and worth investigating.
Based on data from the last 20 days.
nero_eth's tweet image. Blobs per block look the same for MEV-Boost and local builders.
Reorged blocks, however, tend to include more blobs (e.g. ~15) than canonical ones.
That’s interesting and worth investigating.
Based on data from the last 20 days.

How have local proposers managed with the big increase in blobs? And are they actually proposing full blob blocks or have they managed ways to limit the amount of blobs they propose locally to improve their chances of success.



Toni Wahrstätter reposted

~1.5 years ago I asked: Is it worth using MEV-Boost? ethresear.ch/t/is-it-worth-… Answer today: not much has changed. • MEV-Boost & local builder rewards have decreased • MEV-Boost payments are still ~3–4× local tips • CL rewards still dominate EL rewards by far Relatively…

nero_eth's tweet image. ~1.5 years ago I asked: Is it worth using MEV-Boost?
ethresear.ch/t/is-it-worth-…

Answer today: not much has changed.
• MEV-Boost & local builder rewards have decreased
• MEV-Boost payments are still ~3–4× local tips
• CL rewards still dominate EL rewards by far

Relatively…
nero_eth's tweet image. ~1.5 years ago I asked: Is it worth using MEV-Boost?
ethresear.ch/t/is-it-worth-…

Answer today: not much has changed.
• MEV-Boost & local builder rewards have decreased
• MEV-Boost payments are still ~3–4× local tips
• CL rewards still dominate EL rewards by far

Relatively…

Toni Wahrstätter reposted

It’s been a while since my last MEV-Boost market update. Here's a quick snapshot: - Relays: @titanrelayxyz has steadily gained share over recent months, largely at the expense of @bloxroute and @ultrasoundmoney. Vertical integration doing what it does. - Builders: @beaverbuild

nero_eth's tweet image. It’s been a while since my last MEV-Boost market update. Here's a quick snapshot:
- Relays: @titanrelayxyz has steadily gained share over recent months, largely at the expense of @bloxroute and @ultrasoundmoney. Vertical integration doing what it does.
- Builders: @beaverbuild…

Toni Wahrstätter reposted

One nice effect of block-payload separation under ePBS is that removing the EL payload keeps the beacon block size essentially constant. As a result, propagation-to-attestation time no longer scales with L1 throughput. I hadn’t appreciated that perspective enough.


Toni Wahrstätter reposted

block level access lists are a form of parallel execution - finally coming to the EVM and Ethereum mainnet! congrats on getting this devnet live before EOY

The first devnet for EIP-7928, Block-level Access Lists, is live. This marks a big step toward major L1 scaling improvements next year. Excited for where this leads! Big shoutout to everyone involved — especially @fselmo2, @raxhvl, @stefan_star and all the client teams involved!



Toni Wahrstätter reposted

The first devnet for EIP-7928, Block-level Access Lists, is live. This marks a big step toward major L1 scaling improvements next year. Excited for where this leads! Big shoutout to everyone involved — especially @fselmo2, @raxhvl, @stefan_star and all the client teams involved!

Block level access list devnet-1 is starting with five EL clients any moment now!

stefan_star's tweet image. Block level access list devnet-1 is starting with five EL clients any moment now!


Toni Wahrstätter reposted

I learned a lot from the FOCIL discussions. Yes, FOCIL can help in narrow cases: shortening fraud-proof challenge windows, or speeding up inclusion for a very small user set whose txs only carry negligible tips. h/t @donnoh_eth @terencechain @potuz_eth @pintail_xyz @dataalways

Censorship resistance isn’t binary, and FOCIL doesn’t materially improve it. It just speeds up inclusion for ~0.00…01% of txs while causing most transactions (which would land in the next block anyway) to be broadcast twice across the network. Claiming that those who oppose…



Toni Wahrstätter reposted

some exciting progress towards Glamsterdam Reth, should have full BALs implemented in a few weeks, which is one of the most important features for Ethereum performance: 1. start running state root calculation asap 2. full pre-fetching of state 3. perfectly parallel validation

gakonst's tweet image. some exciting progress towards Glamsterdam Reth, should have full BALs implemented in a few weeks, which is one of the most important features for Ethereum performance:
1. start running state root calculation asap
2. full pre-fetching of state
3. perfectly parallel validation

Toni Wahrstätter reposted

BPO1 is live on mainnet! the per-block blob target is now 10, up from 6


Toni Wahrstätter reposted

Fusaka is happening in just a few hours! There will be a progressive rollout of increase blob supply over the coming months: Today: 0% blob increase in ~1 week: 66% increase from today in ~1 month: 40% increase on top of the update in ~1 week total currently scheduled: 133%


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