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Navigating Ethereum's 2024 Consensus Landscape 🧭

terencechain.substack.com · 1,045 words · saved by 1 readers

I recently had the privilege of delivering a talk at ETH Chicago, focusing on the potential direction of the consensus layer post-Deneb in 2024. Post-deneb enters a fun time, teeming with intriguing protocol problems and justifications for various solutions to them. Notably, there isn't a singular, universally agreed-upon feature destined for Electra. Capella: During the Capella phase, it was evident that the primary feature post-merge should be enabling withdrawals. This fulfills the original promise of the beacon chain from 2020, allowing a validator to stake, reap rewards, and subsequently withdraw their ETH. Meanwhile, Proto-danksharding (EIP4844) demanded more time for review and proper implementation, the community prioritized withdrawals first, postponing EIP4844 to the subsequent release - Deneb. Deneb: Undoubtedly Deneb's main feature is EIP4844, which scales rollup and applications that are powered by data publishing on the parent chain. Ethereum increases its scalability by

I recently had the privilege of delivering a talk at ETH Chicago, focusing on the potential direction of the consensus layer post-Deneb in 2024. Post-deneb enters a fun time, teeming with intriguing protocol problems and justifications for various solutions to them. Notably, there isn't a singular, universally agreed-upon feature destined for Electra. Capella: During the Capella phase, it was evident that the primary feature post-merge should be enabling withdrawals. This fulfills the original promise of the beacon chain from 2020, allowing a validator to stake, reap rewards, and…

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