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Base Azul multiproofs, ERC-8211 smart batching, LI.FI Intents, Vitalik's Sci-Fi pivot
Welcome to our weekly digest, where we unpack the latest in account and chain abstraction and the broader infrastructure shaping Ethereum. This week: Base ships its first independent upgrade with a TEE+ZK multiproof system and confirms native AA is next; Biconomy turns the ERC-8211 smart batching standard into a TypeScript SDK; LI.FI launches an enterprise intents engine for stablecoin and RWA flows; and Vitalik steps back from technical essays to write fiction. Base Launches Azul, Bringing Multiproofs to Coinbase's L2 Biconomy Ships Smart Batching SDK for ERC-8211 LI.FI Launches Intents Engine for Enterprise Cross-Chain Flows Vitalik Pivots to Fiction and Floats a "Trust Dependency" Framework Please fasten your belts! Base Launches Azul, Bringing Multiproofs to Coinbase’s L2 Base activated Azul on mainnet on May 28, its first network upgrade built entirely on its own stack. The headline feature is a multiproof system that pairs Trusted Execution Environment (TEE) proofs with Zero-Knowledge (ZK) proofs, advancing the Coinbase-incubated L2 toward Stage 2 decentralization. Either proof type can finalize a withdrawal independently, but when both agree, finality drops to as little as one day, far faster than the typical multi-day optimistic rollup wait. Crucially, permissionless ZK proofs can override permissioned TEE proofs if the two conflict, a design Base says meaningfully improves censorship resistance. The upgrade also makes base reth the sole execution client and introduces a new consensus client, phasing out older software. Node operators must migrate to the new stack to stay in sync. For AA and chain abstraction builders, the more important signal is what comes next: Base confirmed its end-of-June upgrade will include native account abstraction, an enshrined token standard and Flashblock Access Lists. The largest L2 by activity moving toward native AA is a meaningful pull on the whole ecosystem. Biconomy Ships Smart Batching SDK for ERC-8211 Biconomy released t
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A .NET Dinosaur in Web3. Day 18 - Automated Market Maker
🏦 Day 6 of 7: Building a Mini Uniswap in 80 Lines of Solidity Imagine a vending machine. It has 1,000 coffee beans and 1,000 coins. No menu, no cashier — just one iron rule: the product of the two numbers inside must never decrease. That's it! This is how Uniswap works — and this is what I built on Day 6, coming from .NET. Here's how, why it's elegant, and where you can step on a rake. Why an Order Book Doesn't Work on a Blockchain Traditional exchanges — Binance, NYSE, any CEX — run on an order book . Market makers post bids and asks. A matching engine pairs them. Millions of updates per second, all in a centralised database. In a blockchain, this is impossible. Transactions take 12 seconds. Every state change costs gas. Storing millions of constantly changing orders would eat all the profit before a single trade completes. Uniswap's solution: replace the order book with a liquidity pool — a smart contract holding two tokens — and replace the matching engine with pure math. Just a formula — below. x · y = k — The Formula That Broke Finance The Constant Product Invariant : x · y = k Where x is the reserve of Token0, y is the reserve of Token1, and k is a constant that must never decrease during swaps. When a trader sells Token0 into the pool, x increases. To keep k constant, y must decrease — the contract sends out Token1. The price is determined automatically by the ratio of reserves. Live example with numbers: Pool: 1,000 Token0, 1,000 Token1. k = 1,000,000. Trader sells 100 Token0: amountOut = (reserveOut × amountIn) / (reserveIn + amountIn) amountOut = (1000 × 100) / (1000 + 100) amountOut = 100,000 / 1,100 amountOut ≈ 90.9 Token1 The trader gets ~90.9, not 100. That gap is slippage — and it's not a bug. It's the formula protecting the pool. The more you buy relative to pool size, the worse your price gets. Naturally. Mathematically. After the swap: pool has 1,100 Token0 and ~909.1 Token1. k ≈ 1,000,000. Invariant holds. The Contract: SimpleAMM Three functions.
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Gas Optimization Part 4: Solidity Tips for Cheaper Contracts
Every line of your smart contract costs something. Some lines cost more than others. In this part of our gas saving series, we’ll explore how to write smarter Solidity code that keeps your contract lean and efficient. Here are six simple and practical ways to reduce gas costs while writing Solidity smart contracts. 1. Use payable Only When Needed, But Know It Saves Gas In Solidity, a function marked payable can actually use slightly less gas than a non-payable one. Even if you're not sending ETH, the EVM skips some internal checks when the function is marked payable. See this example: function hello() external payable {} // 21,137 gas function hello2() external {} // 21,161 gas That tiny difference may not seem like much, but across thousands of calls, it adds up. Only use payable when your function is actually meant to accept ETH 2. Use unchecked for Safe Arithmetic When You’re Sure Since Solidity 0.8.0, all arithmetic operations automatically check for overflows and underflows. While this makes contracts safer, it also uses extra gas. When you're certain that overflow won't occur, you can use the unchecked keyword to skip these safety checks. uint256 public myNumber = 0; function increment() external { unchecked { myNumber++; } } Gas used: 24,347 (much cheaper than using safe math) Warning: Use unchecked carefully. Only when you're confident there's no risk of overflow. 3. Turn On the Solidity Optimizer The Solidity Optimizer is like a smart helper that cleans up and tightens your compiled bytecode. It does not change how your contract works, but it removes waste and makes it cheaper to run. If you’re using tools like Hardhat or Remix, always enable the Optimizer before deploying to mainnet. 4. Use uint256 Instead of Smaller Integers (Most of the Time) Smaller types like uint8 or uint16 might look more efficient, but they can cost more gas during execution. That’s because the EVM automatically converts them to uint256 behind the scenes. So, if you're not tightly p