Key crypto event-detection thread for your consumption, every week.
Lido V2 - Next Step in Decentralization
Lido is making huge steps to become permisionless. Lido V2 is centered around two major upgrades:
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Staking Router: A new modular architecture that allows anyone (incl. solo stakers) to become a Node Operator. The Staking Router brings Lido’s vision of creating a platform for stakers, developers, and node operators to collaborate and advance the future of decentralized staking to reality.
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Withdrawals: An upgrade allowing stETH holders to withdraw directly from the Beacon Chain. This all encompassing Lido on Ethereum protocol upgrade will allow stETH holders to withdraw from Lido at a 1:1 ratio, realizing a key milestone of a truly open on / off ramping into the Ethereum staking ecosystem.
Lido V2 opens the development ecosystem to external contributors from all corners of the Ethereum ecosystem.
Soon, community developers, project teams, and researchers will be able to contribute directly to Lido by proposing Staking Router modules that will be vetted by the DAO.
Source: Lido
VISA is testing how to accept large settlement payments in USDC on Ethereum
Payments giant Visa reportedly seeks to meet customer requests to convert digital assets into fiat payments, similar to how it converts foreign currencies.
“We’ve been testing how to actually accept settlement payments from issuers in USDC starting on Ethereum and paying out in USDC on Ethereum,” Cuy Sheffield, head of crypto at Visa, said during the StarkWare Sessions 2023 event in Tel Aviv. “So, these are large value settlement payments.”
Source: Blockworks
Zhejiang public testnet
The launch of Shanghai on the Zhejiang testnet this past Tuesday went extremely well. Devs have decided to schedule the next public testnet upgrade for Shanghai on Feb. 28.
Sepolia is the second to last testnet that will be upgraded before mainnet Ethereum.
You can request funds in different faucets, generate keys with wagyu, deposit with launchpad, and monitor it with beaconchain.
Ethereum All Core Developers Consensus Call #102 Writeup
On Febrary 2nd, Ethereum developers gathered for ACDE call #154.
The ACDE calls are one of two bi-weekly meeting series where Ethereum developers discuss and coordinate changes to the execution layer of Ethereum.
This week, consensus layer (CL) client teams discussed progress on testing for the Shanghai and Capella upgrade. The most recent testnet launch of Shanghai on the Zhejiang testnet went smoothly and developers agreed on the call to launch the upgrade on the next public testnet Sepolia on Tuesday, February 28th.
They also discussed additional testing that is still needed for Shanghai around MEV-Boost.
Full notes here:
Source: @christine_dkim
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