DeFi’s wild summer has brought a familiar problem back into focus: high gas fees. Gas prices shot up as high as 450 gwei in late August and early September. The yield farming craze, largely kicked off by YAM and YFI, culminated with hundreds of millions flowing into Sushiswap overnight. Uniswap topped Coinbase in daily volume …
Coinbase made headlines recently with its use of CREATE2 and minimal proxy contracts to improve their non-custodial commercial payments system. But if you’re like me, you probably came away with a very loose grasp of CREATE2. So, let’s break down exactly what it is and what it does. What is CREATE2? CREATE2 is an upgrade to …
An upgrade to Ethereum gas fees? The Ethereum gas fees you’re familiar with may be changing thanks to EIP-1559. This proposal seeks to do away with the old and sometimes frustrating gas fee auction system. As an alternative, EIP-1559 proposes a BASEFEE, which would make the experience of paying for transaction fees so much smoother. …
Prysmatic Labs’ public Proof of Stake testnet is live! You have to hand it to the folks at Prysmatic Labs for working behind the scenes for months and emerging with something truly remarkable. I won’t try to summarize everything covered in Prysmatic Labs’ announcement of the Prysm Ethereum 2.0 Proof of Stake testnet. In fact, …
