Author: Michael Johnson
Ethereum’s weekly All Core Developer calls are a lot to keep up with, so this “Checkpoint” series aims for high-level updates roughly every 4-5 weeks, depending on what’s happening in core development. See the previous update here. tl;dr: Since the last Checkpoint, the Pectra upgrade shipped and core developers have maintained a heavy emphasis on keeping the next upgrade (Fusaka) lean to get PeerDAS, a scaling unlock, out the door. Fusaka testing is ongoing and developers are still optimistic about a 2025 release date. Proposals for the headlining feature of the upgrade following Fusaka (”Glamsterdam”, ~2026) are being solicited until…
Thank you to the EFers that provided valuable input and feedback to the draft document: Bastian Aue, Vitalik Buterin, Bogdan Popa, Tomasz Stańczak, Fredrik Svantes, Yoav Weiss, Dankrad Feist, Tim Beiko, Nicolas Consigny, Nixo, Alex Stokes, Ladislaus, and Joseph Schweitzer. Thank you to kpk, Steakhouse Financial, and pcaversaccio for providing valuable and insightful input and the final review of this document. The Ethereum Foundation (EF) exists to strengthen Ethereum’s ecosystem and uphold its long-standing non-negotiable objectives: enabling “applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference”. EF Treasury supports EF’s long-term agency, sustainability,…
It’s happening: Devconnect is coming to Buenos Aires, 17–22 November 2025. And we are bringing the first-ever Ethereum World’s Fair to the city. The Ethereum World’s Fair is for the Ethereum community and anyone curious about what Ethereum can do in the real world. We’re starting in Argentina, one of the most active crypto hubs, to show how Ethereum can bring a nation onchain with stablecoins, DeFi, decentralized identity, prediction markets, games, and more. Devconnect ARG will be different Main venue: We’re anchoring everything around La Rural, so the energy (and everyone) keeps flowing through the main hub. Ethereum World’s…
We’re thrilled to announce that internship applications are now open for the first-ever Ethereum Season of Internships! The Ethereum Season of Internships is a collection of paid, fully-remote summer internships offered across the Ethereum ecosystem. It is designed to help establish more paths for the next generation of contributors to connect with Ethereum projects and apply their skills – whether in development, research, design, marketing, operations, or more. Our long-term goal is to make Ethereum an even more welcoming place for new talents. Over the past few weeks, 19 teams from across the ecosystem have created over 30 internship opportunities.…
The company will issue 3.5 million STRE shares, each priced at €100 ($115). Investors will receive a 10% annual dividend, paid quarterly beginning 31 December. Strategy currently holds 641,205 BTC, valued at approximately $47.49 billion. Strategy, the crypto treasury company known for its methodical accumulation of Bitcoin, has unveiled plans for a euro-denominated perpetual stock under the ticker STRE. The initial public offering (IPO) signals a refined integration of traditional capital markets with the Bitcoin economy. Strategy’s latest move extends its long-term model of raising capital through equity and debt to expand its Bitcoin reserves, consolidating its position as the…
The feature applies to more than 150 perpetual futures markets available to European users. The exchange operates under MiCA and MiFID II regulations, with oversight from Ireland and Cyprus. Kraken’s third-quarter revenue rose by 50% to $648 million following its acquisition of NinjaTrader. Kraken has expanded its regulated derivatives offering in the European Union, allowing traders to use Bitcoin, Ethereum, and approved stablecoins as collateral for perpetual futures on Kraken Pro. Announced on 3 November, the move makes Kraken one of the first licensed exchanges in Europe to support crypto-collateralised derivatives under the Markets in Crypto-Assets (MiCA) framework. The feature…
This is an update from the Next Billion Fellowship Program. Applications are rolling and open for cohort 6 beginning in October 2025. Individuals interacting with an application have a user experience. Collectives interacting with a protocol have a world experience. There are many worlds that the Ethereum protocol touches; places where organizations, communities, or institutions experience trust through coordination. The Next Billion Fellowship is a program to support individuals working on new use cases and improving trust experience within the world computer. The stories of a global protocol are as diverse and varied as the humans that use it. In…
Ethereum’s weekly All Core Developer calls are a lot to keep up with, so this “Checkpoint” series aims for high-level updates depending on what’s happening in core development. See the previous update here. This is a special edition of the series! Kicking off Berlin Blockchain Week, ethereum core devs and researchers got together for an interop hacking week to make progress both on long-term research directions and short-term implementation of the Fusaka upgrade and gas limit increases. Two of these days solicited feedback on longer-term research directions from L2 and zk teams. The most recent in-person interop was in Bangkok…
Following up from Protocol Update 001, we’d like to introduce our approach to blob scaling. The L1 serves as a robust foundation for L2 systems to scale Ethereum, and a necessary component of secure L2 solutions is data availability provided by the L1. Data availability ensures that updates L2s make back to the L1 can be verified by anyone. Blobs are the unit of data availability in the protocol today, so scaling the blob count per block is a key requirement to usher in a wave of L2 adoption for use cases like real-time payments, DeFi, social media, gaming, and…
A few months ago, we announced a renewed focus of Protocol on three strategic initiatives: Scale L1, Scale blobs, Improve UX. Following previous updates on Scale L1 and Scale blobs, this note relates to our “Improve UX” track, and its mission: Seamless, secure and permissionless experience across the Ethereum ecosystem, for individuals and institutions. We see interoperability, and related projects presented in this note, as the highest leverage opportunity within the broader UX domain over the next 6-12 months, in our position as a public, core Ethereum R&D group. The near-term strategy focuses on areas we believe will continue to…