^ do you think that is what Ethereum looks like? lil' guy is out here doing his best. ◇🍴 $\cdot$ by mike based on discussions with caspar & ansgar – saturday, march 30, 2024. Disclaimer: This article only contains the author's opinions and does not represent the view of any organization. $\cdot$ tl;dr; Issuance defines how Ethereum pays for security. Entering mid-2024, the realities of staking have changed seismically since the inception of the beacon chain at the end of 2020. The future remains uncertain, but we can explore the impact of issuance on solo staking, ETH the asset, and protocols building in & around Ethereum consensus.
6/21/2024^ p.s. how it feels to stare at these curves for too long... ^ p.p.s. did anyone else notice how much this ghost looks like Pearl from Finding Nemo?! ^ p.p.p.s. i just realized that Casper was probably named so b/c it was paired with GHOST?! 🤯🧐 $\cdot$ by mike – saturday, may 11, 2024. ^ happy bday Sabrina – hope you didn't take deja vu too personally (despite it being abjectly personal). $\cdot$ tl;dr; Hello & welcome to the second installment of the Issuance Issues.® As the previous iteration was so, very, very, very, very, well-received, I thought, "You know what people probably want more of? My thoughts on issuance!" Well, to quote the inimitable Bob the Tomato, "Have we got a show for you!"
5/12/2024$\cdot$ by mike – february 7, 2024 $\cdot$ tl;dr; – Yesterday, after nine missed slots due to a bug in an optimistic relay, there was significant confusion around the role of relays and how ePBS would have changed the situation. This doc aims to reduce that uncertainty. The three important points to highlight: ePBS does not solve for builder bugs (the slots would've been missed regardless), best case ePBS – the proposer payment is faster and trustless, and worst case ePBS – bypassability reverts us to the same trust model as today. It follows that the only reason yesterday's event should change your mind about ePBS is if you think the proposer refund was too slow, and even then, you must acknowledge that in the worst case, the same refund process would have to occur in ePBS.
2/8/2024$\cdot$ by mike based on discussions with Potuz, Terence, Francesco, Hsaio-Wei, Danny, Tim, Roman, Dan, Alexey, Lion, Mikhail, & Matt. $\cdot$ february 7, 2024 $\cdot$ tl;dr; -- This document presents a minimal view of what a potential spec for EIP-7547 could look like. We outline changes to the execution specs, consensus specs, and execution APIs to clarify how the pieces fit together. These changes are in draft mode; the goal of this document is to (i) convey the relative simplicity of the changes, (ii) highlight the key design considerations that came up in discussion.
2/7/2024