Weekly Project Updates: LayerZero begins second phase of sybil hunt, zkSync hints at token issuance, Eclipse founder resigns, etc
wublock.substack.com
1. Ethereum Foundation team debates MEV and liquid staking link Peter Szilagyi, head of the Ethereum Foundation team, and Dankrad Feist, creator of Danksharding and Ethereum Foundation researcher, engaged in a debate on MEV and scalability issues. Szilagyi argued that MEV is an attack on Ethereum, and instead of combating it, they have opted to share the profits with enough people to keep the majority silent. He further stated that liquidity staking is another attack on Ethereum, and rather than addressing it, they have promoted various cascading staking solutions, allowing everyone to choose their own “poison.” Regarding state growth, they are developing stateless validation to satisfy those who “stake their money,” while others can use certain providers who essentially have no say.
Weekly Project Updates: LayerZero begins second phase of sybil hunt, zkSync hints at token issuance, Eclipse founder resigns, etc
Weekly Project Updates: LayerZero begins…
Weekly Project Updates: LayerZero begins second phase of sybil hunt, zkSync hints at token issuance, Eclipse founder resigns, etc
1. Ethereum Foundation team debates MEV and liquid staking link Peter Szilagyi, head of the Ethereum Foundation team, and Dankrad Feist, creator of Danksharding and Ethereum Foundation researcher, engaged in a debate on MEV and scalability issues. Szilagyi argued that MEV is an attack on Ethereum, and instead of combating it, they have opted to share the profits with enough people to keep the majority silent. He further stated that liquidity staking is another attack on Ethereum, and rather than addressing it, they have promoted various cascading staking solutions, allowing everyone to choose their own “poison.” Regarding state growth, they are developing stateless validation to satisfy those who “stake their money,” while others can use certain providers who essentially have no say.