Infinite Jungle

On Ep. 74 of Infinite Jungle, Christine speaks with Nixo, who works on the Protocol Support Team at the Ethereum Foundation, about her highlights from 2024 and hopes for the Ethereum ecosystem in 2025. Nixo also shares updates about the new staker deposit CLI tool maintained by EthStaker and her perspective on the Ethereum gas limit debate. Christine shares a few predictions about what narratives will take hold on Ethereum next year and restates her convictions about Ethereum’s superpower as the world’s most decentralized and transparent general purpose blockchain. This is the last episode of Infinite Jungle Season 1. Be on the lookout for Season 2 in the new year!   Guests: Name: Nixo Rokish Title: Protocol Support Team at the Ethereum Foundation and Former Executive Director of EthStaker X:  https://x.com/nixorokish [https://x.com/nixorokish] Show note links: * EthStaker deposit CLI release notes (https://github.com/eth-educators/ethstaker-deposit-cli/releases [https://github.com/eth-educators/ethstaker-deposit-cli/releases]) * Christine’s take on the block gas limit debate (https://www.galaxy.com/insights/research/weekly-top-stories-12-06-24/ [https://www.galaxy.com/insights/research/weekly-top-stories-12-06-24/]) Timestamps: (00:02:20) Celebrating a new Ethereum deposit CLI (00:10:00) Debriefing the gas limit debate (00:28:48) Highlights from 2024, hopes for 2025 This episode was recorded on Friday, December 13, 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. 73 of Infinite Jungle, Christine shares her takeaways on All Core Developers Execution (ACDE) Call #202, where Ethereum developers finalized Pectra Devnet 5 specifications. She also shares three outlooks for Ethereum in 2025 about Pectra, rollup adoption, and institutional adoption of $ETH. She discusses how a new regulatory environment next year could propel institutional adoption of ETH and how the large size of Pectra scope hints at increased risk in mainnet activation for the upgrade. This is the penultimate episode of Infinite Jungle Season 1. Be on the lookout for the final episode coming out tomorrow on Wednesday, Christmas Day!   Show note links: * ACDE #202 call writeup (https://www.galaxy.com/insights/research/ethereum-all-core-developers-execution-call-202/ [https://www.galaxy.com/insights/research/ethereum-all-core-developers-execution-call-202/]) * Infinite Jungle episode 71 explaining the gas gossip limit dependency (https://podcasts.apple.com/us/podcast/acdc-147-eth-devs-pump-the-brakes-on-pumping-the-gas/id1728091874?i=1000680670086 [https://podcasts.apple.com/us/podcast/acdc-147-eth-devs-pump-the-brakes-on-pumping-the-gas/id1728091874?i=1000680670086]) Timestamps: (00:01:47) ‘Twas the Night Before Christmas (00:05:07) Pectra Updates (00:14:32) Prediction #1: Pectra in 2025 (00:21:09) Prediction #2: L2 Ecosystem Expands (00:23:27) Prediction #3: More Institutions Start Using Ethereum This episode was recorded on Friday, December 19, 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. 72 of Infinite Jungle, Christine speaks with Robert Miller, Product Lead at Flashbots, and Lily Johnson, Rust Engineer at Astria Labs, about the launch of BuilderNet. BuilderNet is Flashbot’s latest product designed to enable collaborative block building on Ethereum. It allows third-party builders to create blocks based off shared private order flow. It also incentivizes users, wallets, and apps to share their order flow with BuilderNet and earn kickbacks from the MEV created from their transactions. Christine and Lily grill Robert about the design of BuilderNet, its timeline, and motivation.   Guests: Name: Robert Miller Title: Product Lead at Flashbots X: https://x.com/bertcmiller [https://x.com/bertcmiller]   Name: Lily Johnson Title: Rust Engineer at Astria Labs X: https://x.com/lobstermindset [https://x.com/lobstermindset]   Show note links: * BuilderNet docs (https://buildernet.org/docs [https://buildernet.org/docs]) * Relayscan data (https://www.relayscan.io/ [https://www.relayscan.io/]) * Infinite Jungle episode about RollupBoost and EIP 7727 (https://www.galaxy.com/insights/podcasts/infinite-jungle/the-most-pressing-challenges-to-solving-the-mev-problem/ [https://www.galaxy.com/insights/podcasts/infinite-jungle/the-most-pressing-challenges-to-solving-the-mev-problem/]) Timestamps: (00:02:43) How does BuilderNet compete in the MEV-Boost auction? (00:08:08) How does the BuilderNet MEV refund rule work? (00:11:33) Why did Beaverbuild join BuilderNet? (00:15:09) How do builders compete in BuilderNet? (00:19:31) How transparent is BuilderNet activity? (00:30:12) BuilderNet next steps This episode was recorded on Friday, December 13, 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.71 of Infinite Jungle, Christine shares her main takeaways from ACDC #147. Notably, on this call, one of the main discussion topics was not about the Pectra upgrade. It was about community efforts to increase the Ethereum block gas limit. Though prominent community figureheads advocated for an increase, developers on this week’s call surfaced concerns about a little-known technical limitation on the consensus layer that would make a significant increase to the block gas limit unsafe for the network. Rather than address this limitation, developers decided not to change the protocol and instead communicate to the community that a doubling to the gas limit should not be pursued at this time. Christine advocates for why this situation was a “close call” for the stability of the Ethereum protocol and why developers need to “slow down” when it comes to advocating for and making changes to the network.   Show note links:  * ACDC #147 Call Notes (https://www.galaxy.com/insights/research/ethereum-all-core-developers-consensus-call-147/ [https://www.galaxy.com/insights/research/ethereum-all-core-developers-consensus-call-147/]) * Ethresearch post on the technical considerations to increasing the block gas limit (https://ethresear.ch/t/on-increasing-the-block-gas-limit-technical-considerations-path-forward/21225 [https://ethresear.ch/t/on-increasing-the-block-gas-limit-technical-considerations-path-forward/21225]) * PumptheGas website (https://pumpthegas.org/ [https://pumpthegas.org/]) Timestamps: (00:01:04) Summary of the Ethereum gas limit debate (00:08:32) What developers decided to do about the gossip limit (00:17:00) Concerns about Ethereum protocol complexity (00:20:47) Why EIP 7742 was removed from Pectra This episode was recorded on Friday, December 13, 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. 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/]