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Ethereum

Everything we have published on Ethereum.

7 pieces on Ethereum

Spot Ether ETFs log record weekly inflows as the staking debate reopens
Markets

Spot Ether ETFs log record weekly inflows as the staking debate reopens

A fresh wave of net inflows into US spot Ether ETFs has revived the industry's most consequential unanswered question: whether these funds will ever stake the ETH they hold, and what happens to redemptions if they do.

·Jun 19, 2026·7 min
A major layer-2 finalizes its move to a permissionless prover set
Infrastructure

A major layer-2 finalizes its move to a permissionless prover set

One of Ethereum's largest layer-2 networks has opened validity-proof generation to anyone, retiring the single trusted prover that quietly sat at the center of its trust model. The change is incremental, but it removes a real chokepoint and sharpens the questions about what remains centralized.

Theo Walsh·Jun 16, 2026·6 min
Validators flag client-diversity risk after a single client nears supermajority
Infrastructure

Validators flag client-diversity risk after a single client nears supermajority

Validators are warning that one software client is edging toward a supermajority of the network — a concentration that could turn a single bug into a chain-wide failure. Here is the mechanism, the thresholds that matter, and how operators can pull the system back from the edge.

Theo Walsh·Jun 7, 2026·6 min
Developer activity climbs across several major ecosystems
Infrastructure

Developer activity climbs across several major ecosystems

Developer activity is rising across several major blockchain ecosystems, a fundamental signal that often runs ahead of price. Here is how it is measured, where the metrics mislead, and why building through a downturn tends to precede the next cycle.

Theo Walsh·May 5, 2026·6 min
Why client diversity is the chain’s real decentralization metric
Infrastructure

Why client diversity is the chain’s real decentralization metric

A network can boast tens of thousands of nodes and a healthy Nakamoto coefficient while resting on a single software point of failure. Client diversity is the metric that actually measures whether a chain can survive its own bugs.

Theo Walsh·Apr 29, 2026·11 min
The MEV problem, explained without the jargon
DeFi

The MEV problem, explained without the jargon

Every on-chain trade passes through an invisible auction that decides how much value gets extracted from it. Here is how block-ordering power works, and how to defend against it.

Ethan Brooks·Apr 17, 2026·11 min
Proof-of-work versus proof-of-stake, beyond the energy debate
Infrastructure

Proof-of-work versus proof-of-stake, beyond the energy debate

The real gap between proof-of-work and proof-of-stake isn't watts. It's where security comes from, how misbehavior is punished, who gets to participate, and how each holds up under censorship.

Theo Walsh·Apr 11, 2026·10 min
Ethereum · ChainWatch Daily