ACDC #144: New EIP Included in Pectra

On Ep.59 of Infinite Jungle, Christine talks about the main takeaways from All Core Developers Consensus (ACDC) call #144. On the latest call, Ethereum developers agreed to include a new EIP in Pectra, EIP 7742. This code change will enable the Consensus Layer (CL) of Ethereum to dynamically set the network’s target and maximum blob gas limit. The inclusion of this EIP in Pectra means it is likely that developers will also include a blob capacity increase in Pectra. However, developer did not agree by how much to increase blob capacity on the latest call. They will rediscuss the decision to include EIP 7742 in Pectra on the next ACD call, which is more focused on discussions about the Execution Layer (EL) of Ethereum. Christine explains why it is rare that decisions made on ACDC calls are reversed or changed on ACDE calls. Show note links:  https://www.galaxy.com/insights/research/ethereum-all-core-developers-consensus-call-144/ https://docs.google.com/document/d/19jZcm5CgWM12Eqg1HRwG_ppd1EL9tduheckBmoFBCNM/edit?pli=1&tab=t.0#heading=h.hs20rimb4nkm Timestamps: (00:01:04) Francis’ Case for Increasing Blob Capacity in Pectra (00:03:23) Updates on Engine_GetBlobsV1 Method (00:06:46) The Urgency of EIP 7742 (00:13:36) ACDC vs ACDE Calls (00:18:55) Updates to the Pectra Timeline (00:24:52) Who will Pectra impact in terms of Ethereum stakeholders? This episode was recorded on Friday, October 18, 2024. ++ Follow us on Twitter, @glxyresearch, and read our research at www.galaxy.com/research/ to learn more! This podcast, and the information contained herein, has been provided to you by Galaxy Digital Holdings LP and its affiliates (“Galaxy Digital”) solely for informational purposes. View the full disclaimer at www.galaxy.com/disclaimer-galaxy-brains-podcast/