Ethereum developers proposed EIP-8363, a mechanism that would burn validator issuance and reduce net staking rewards to zero once 50-60% of ETH supply is staked. The proposal faced immediate opposition from industry figures including SharpLink CEO Joseph Chalom and was pulled from the Hegotá upgrade on August 6.
World Chain will activate full block access lists based on EIP-7928 on August 17, becoming the first production Layer-2 network to stream this data within flashblocks every 200 milliseconds. The feature enables parallel block verification to increase throughput without requiring validator hardware upgrades.
Six Ethereum researchers including Ethereum Foundation's Justin Drake have proposed EIP-8363, a 'Tapered Issuance Burn' mechanism that would progressively reduce validator rewards and burn consensus rewards as staked ETH increases, potentially cutting issuance to zero if staking reaches 50% of supply. The proposal has sparked backlash from critics who warn it could disadvantage solo stakers and impact DeFi activity.
Ethereum co-founder Vitalik Buterin published an updated roadmap for 'Lean Ethereum,' a comprehensive 3-4 year rebuild that will replace nearly every major component of the protocol. The overhaul, described as the network's biggest upgrade since the Merge, prioritizes quantum resistance and enhanced validator privacy.
