Infinite Jungle

On Ep. 70 of Infinite Jungle, Christine chats with founder of ProbeLab, Yiannis Psaras, about a data-driven study his team conducted on Ethereum node bandwidth availability. The study (linked in the show notes) measured the bandwidth availability of 70% of online and reachable nodes in the Ethereum network. It found that the mean available bandwidth for nodes stayed between 18 to 23 mbps, indicating that nodes do have additional capacity for packaging more blobs into blocks. Yiannis supported the decision by Ethereum protocol developers to include a blob capacity increase from 3/6 to 6/9 target/max blobs per block in the Pectra upgrade. Finally, he shared improvements that could be made to Ethereum’s P2P network to alleviate bandwidth constraints and enforce geographic decentralization of nodes. Guests: Name: Yiannis Psaras Title: Founder, ProbeLab X: https://x.com/yiannisbot [https://x.com/yiannisbot] Show note links: * Probelab study on Ethereum node bandwidth availability (https://ethresear.ch/t/bandwidth-availability-in-ethereum-regional-differences-and-network-impacts/21138 [https://ethresear.ch/t/bandwidth-availability-in-ethereum-regional-differences-and-network-impacts/21138]) * EthPandaOps study on performance of home stakers (https://ethresear.ch/t/block-arrivals-home-stakers-bumping-the-blob-count/21096 [https://ethresear.ch/t/block-arrivals-home-stakers-bumping-the-blob-count/21096]) * Codex node crawler for Ethereum (https://ethresear.ch/t/crawling-the-ethereum-discv5-network-fast/20962 [https://ethresear.ch/t/crawling-the-ethereum-discv5-network-fast/20962]) * Infinite Jungle episode mentioning Probelab data and analysis (https://www.galaxy.com/insights/podcasts/infinite-jungle/acdc-139-the-role-of-acd-call-chairs-in-ethereum-governance/ [https://www.galaxy.com/insights/podcasts/infinite-jungle/acdc-139-the-role-of-acd-call-chairs-in-ethereum-governance/]) * Probelab website (https://probelab.io/ [https://probelab.io/]) Timestamps: (00:01:09) What does ProbeLab do? (00:03:59) How Probelab measured Ethereum node bandwidth availability (00:07:49) Differences in upload vs download bandwidth availability (00:11:16) Comparing bandwidth of solo stakers vs professional stakers (00:15:32) How the Probelab study compares other studies on Ethereum node bandwidth (00:18:20) Study recommendations to save node bandwidth (00:24:50) How geography impacts node bandwidth This episode was recorded on Friday, December 6, 2024. ++ Follow us on Twitter, @glxyresearch, and read our research at www.galaxy.com/research/ [http://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/ [http://www.galaxy.com/disclaimer-galaxy-brains-podcast/]

On Ep.69 of Infinite Jungle, Christine shares her main takeaways from ACDC #146 and ACDE #201. Over the course of two developer calls, Ethereum developers agreed to include two new EIPs in the Pectra upgrade. Christine explains what these EIPs do and the decision-making process that led to their inclusion this late into the upgrade planning process. She also discusses how the latest additions to Pectra impact the upgrade’s mainnet activation timeline. Show note links:  * ACDC #146 Call Notes (https://www.galaxy.com/insights/research/ethereum-all-core-developers-consensus-call-146/ [https://www.galaxy.com/insights/research/ethereum-all-core-developers-consensus-call-146/]) * ACDE #201 Call Notes https://www.galaxy.com/insights/research/ethereum-all-core-developers-execution-call-201/ [https://www.galaxy.com/insights/research/ethereum-all-core-developers-execution-call-201/]) * Report on blob base fee volatility (https://www.galaxy.com/insights/research/ethereum-150-days-after-dencun/ [https://www.galaxy.com/insights/research/ethereum-150-days-after-dencun/]) Timestamps: (00:02:22) EIP 7691, Blob throughput increase (00:03:25) EIP 7623, Increase call data cost (00:05:12) EIP 7762, Increase minimum blob base fee (00:07:38) Decision-making on EIP 7691 (00:09:42) Decision-making on EIP 7623 (00:14:19) Decision-making on EIP 7762 (00:20:09) Pectra Timeline This episode was recorded on Friday, December 6, 2024. ++ Follow us on Twitter, @glxyresearch, and read our research at www.galaxy.com/research/ [http://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/ [http://www.galaxy.com/disclaimer-galaxy-brains-podcast/]

On Ep. 68 of Infinite Jungle, Christine chats with Prysm developers Terence Tsao and “Potuz” about their efforts to prepare EIP 7732, enshrined payload block separation, for the Fusaka upgrade. They discuss the benefits of EIP 7732 for Ethereum’s decentralization and censorship resistance, as well as some of the open questions and concerns related to the proposal. Finally, they discuss the likelihood of the EIP’s inclusion in Fusaka and the EIP’s next steps in the Ethereum governance process. Show note links: * https://hackmd.io/@potuz/Bkcwd5hG1x [https://hackmd.io/@potuz/Bkcwd5hG1x] * https://www.youtube.com/watch?v=w-VwYHq1FA4 [https://www.youtube.com/watch?v=w-VwYHq1FA4] Timestamps: (00:01:24) Potuz and Terence’s Devcon 2024 takeaways (00:04:36) What’s the main selling point of ePBS? (00:05:53) How ePBS improves node bandwidth constraints (00:09:42) How ePBS offers CPU advantages and better censorship resistance guarantees (00:16:53) How ePBS removes the need for a trusted relay (00:20:12) How much will builders have to stake in ePBS? (00:23:59) How ePBS helps dapps capture MEV from high value blocks (00:26:37) What are slot auctions? (00:30:17) What are the blockers to ePBS in Fusaka? (00:37:00) How should developers resolve disagreements about what EIPs to include in Fusaka? This episode was recorded on Friday, November 22, 2024. ++ Follow us on Twitter, @glxyresearch, and read our research at www.galaxy.com/research/ [http://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/ [http://www.galaxy.com/disclaimer-galaxy-brains-podcast/]

On Ep.67 of Infinite Jungle, Christine shares her main takeaways from Devcon 2024. She shares her thoughts on the Beam Chain announcement and native rollups. She explains why the most compelling ideas shared at the conference were not related to Ethereum’s technical roadmap or ZK innovations, but rather ideas about the values and beliefs grounding the Ethereum ecosystem. Christine makes the case for Ethereum’s new North Star post-Merge to be building Ethereum and Ethereum-based technologies with decentralization and credible neutrality as top of mind over and above other objectives like scalability and mass adoption. Show note links:  * https://www.galaxy.com/insights/research/weekly-top-stories-11-15-24/ [https://www.galaxy.com/insights/research/weekly-top-stories-11-15-24/] * https://vitalik.eth.limo/general/2023/11/27/techno_optimism.html [https://vitalik.eth.limo/general/2023/11/27/techno_optimism.html] * https://www.galaxy.com/insights/research/learnings-from-devcon-2024/ [https://www.galaxy.com/insights/research/learnings-from-devcon-2024/] Timestamps: (00:03:14) The Beam Chain Announcement (00:14:13) Introducing Native Rollups (00:22:38) d/acc Day at Devcon (00:27:43) Ethereum’s North Star as Values and Beliefs Not a Technical Roadmap (00:35:07) Pectra Testing Call Updates (00:38:09) Infinite Jungle Programming Notes This episode was recorded on Friday, November 22, 2024. ++ Follow us on Twitter, @glxyresearch, and read our research at www.galaxy.com/research/ [http://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/ [http://www.galaxy.com/disclaimer-galaxy-brains-podcast/]

On Ep. 66 of Infinite Jungle, Christine chats with Dmitry Gusakov, Technical Lead for the Lido Community Staking Module (CSM), about the future of solo staking on Ethereum. Gusakov explains why he believes there will always be solo stakers on Ethereum staking 32 ETH directly on the network even if it’s an irrational behavior. He posits that a realistic share of validators operated by solo stakers on Lido would be between 2% to 4% and that a meaningful change to the minimum effective balance of validators from 32 ETH to 1 ETH could help increase this share in the long run. Finally, Gusakov explains the tools and resources available for individuals with no technical knowledge to stake on Ethereum and spin up a validator in 5 minutes. This episode is the second in a two-part interview series with Gusakov. Show note links: * https://dappnode.com/en-us/blogs/news/lido-is-looking-to-decentralize-its-operator-base-become-a-lido-node-operator-with-dappnode [https://dappnode.com/en-us/blogs/news/lido-is-looking-to-decentralize-its-operator-base-become-a-lido-node-operator-with-dappnode] Timestamps: (00:01:00) Is there a future for solo stakers on Ethereum? (00:05:29) How to spin up an Ethereum validator in 5 minutes (00:10:43) What is a realistic share of solo stakers on Lido? (00:13:14) What should Ethereum protocol devs do to help solo stakers? (00:18:12) How out of protocol apps like Lido can help Ethereum decentralization This episode was recorded on Friday, October 29, 2024. ++ Follow us on Twitter, @glxyresearch, and read our research at www.galaxy.com/research/ [http://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/ [http://www.galaxy.com/disclaimer-galaxy-brains-podcast/]