ETHBEAT ๐ (prev L2BEAT)
@ethbeat_org
An open-source, public-good platform tracking the risks and guarantees of Ethereum projects, and tending the CROPS. Previously @l2beat ๐
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What would a Michelin Guide for onchain protocols look like?
At @EFDevcon, @donnoh_eth introduced The CROPS guide and showed how we review projects against the four principles: censorship resistance, open source, privacy and security.
The full talk walks through the research behind the guide and introduces its first selection of projects.
If you missed it, you can watch it here:
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Base Denim is live!
Users now get 200ms blocks directly in the protocol, with the same guarantees as the old 2s blocks.
On the downside, the sequencer can now lag the L1 by 6 hours (instead of 30 minutes) before it must include L1 deposits, with the 12-hour hard limit unchanged.
Also in Denim, B20 issuers can force transfers through a designated transfer agent.
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Base Denim is officially live on mainnet
Native 200ms blocks, BaseTime for millisecond precision and B20 improvements โ
Thank you to everyone who joined us in Mumbai to celebrate our transition to ETHBEAT ๐
It meant a lot to share this moment with so many friends, and weโre excited to keep working with all of you on whatever the future brings!
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L2BEAT is now ETHBEAT
Unveiled at @EFDevcon, @ethbeat_org widens its risk tracking from L2s to privacy, interop, ZK, tokens and blobs, with liquid staking next.
Same team, data and Stages framework, now one place to check what guarantees Ethereum projects inherit.
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NEWS: @ethbeat_org, formerly L2BEAT, launched The CROPS Guide, grading Ethereum apps on censorship resistance, open source, privacy, and security.
First listings: Uniswap V2, Uniswap V3, Safe, and Tornado Cash.
Tornado Cash is the only one rated good on all four qualities.
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observing closely:
L2BEAT was a public good in a league of its own. Many outlets informed users, few changed the landscape they covered. Each L2 that set out to climb L2BEAT's stages represented a win for Ethereum, its users, and its culture.
ETHBEAT's CROPS coverage is poised to be an even greater forcing function, one that gives every project a clear sense for the highest standards. We support their work wholeheartedly as this is the kind of accountability the ecosystem needs; well-informed users ask more of protocols, and protocols deliver better guarantees.
Congratulations @ethbeat_org on starting this next chapter.
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From L2Beat to ETHBeat
Luca from @ethbeat_org highlighting how the Michelin Guide for CROPS will bring even more transparency to Ethereum and all users.
ETHEREUM EVERYTHING @ethbeat_org
L2BEAT is now ETHBEAT.
5+ years of keeping L2s accountable, now extended to privacy, interop, staking and beyond. One goal: transparency on the guarantees users get on Ethereum.
Thank you to the community that got us here. The next chapter starts today!
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Tomorrow, our heart grows a little bigger ๐
Weโre in Mumbai this week ! ๐ฎ๐ณ
@bkiepuszewski, @kaereste, and @donnoh_eth will be around @EFDevcon.
If youโre building something you think L2BEAT should be looking at, or have questions about our research, come say hi.
You can also catch Luca on stage twice ๐
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Great to see @railoxide taking network privacy seriously and shipping meaningful improvements! ๐ซก
The latest beta brings a big network privacy upgrade. All sensitive/linkable calls now use isolated Tor circuits instead of sharing one circuit for everything.
Special thanks to @l2beat for the insights and for nudging us in the right direction.
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4 more entries joined the Privacy dashboard this month:
โ @monero via @cakewallet
โ @zk_money
โ zkAPI, built by @ethereumfndn and @OpenAnonProject
โCRISP by @theInterfold
The profiles cover what each system hides, and what it doesnโt.
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A week ago @gnosischain turned on the Fast Confirmation Rule (FCR) for its Gnosis bridge, so what does this mean?
FCR marks an Ethereum block safe after roughly one slot, so bridge validators now process deposits from Ethereum once the block is fast-confirmed.
According to our interop data, transfers from Ethereum to Gnosis Chain averaged 27 seconds after the change, versus 16 minutes before.
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Most privacy protocols don't make you invisible, they help you blend in with other users. But if your behaviour stands out, it can still give you away.
That's why the size of the crowd matters and we've added a new metric to measure this crowd - the anonymity set.
An anonymity set is the number of users your transfer could have come from. The bigger that group, the harder it is to single you out.
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We recently released Privacy adversaries, which shows which adversaries each privacy protocol protects you from.
Every protocol page has a detailed section, where each rating comes with advice on what a careful user can do to stay private.
Here's are some of the top advices ๐
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The current state:
Only 2 of 11 protocols - @TornadoCash and @RAILGUN_Project - are green against every adversary that exists today.
The privileged insider is where 7 of the rest break.
@zama opened deposits into 16 confidential Morpho vaults on Ethereum, plus a confidential swap protocol.
These are now included in the TVL breakdown on L2BEAT.
Zamaโs TVL increased by 35.5% over the past week, to $74M.
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