100,000 Addresses Are Helping Ethereum Scale — You Can Too

To make Ethereum’s next major upgrade work, developers called on the public to help, and thousands responded

article-image

Trichaiwat/Shutterstock modified by Blockworks

share

To scale Ethereum, researchers came up with a plan to make storing data from layer-2 rollups much cheaper. The first phase entails the introduction of EIP-4844 — known as proto-danksharding — to Ethereum mainnet, anticipated to happen with the Dencun upgrade by year’s end.

But to do that, they needed some entropy — random data, or “secrets” if you will — and preferably lots of it.

EIP-4844 will introduce a new “blob-carrying transaction” — a temporary data storage mechanism for layer-2’s to pass data to Ethereum mainnet validators.

Blockspace on Ethereum is at a premium, so to cut down on the requirements for verifying layer-2 data, Ethereum will use a polynomial commitment scheme known as KZG commitments, which is necessary for data availability sampling under proto-danksharding.

KZG commitments, in turn, require a “trusted setup” — a way to generate a common set of parameters that provers and verifiers use to function. For the setup to be trusted, there needs to be a set of random values used as inputs that nobody knows. When done improperly, it can compromise the proof system, as famously happened to Zcash in 2018.

Without getting too deep into the technical nuances of Merkle Trees and Kate proofs (the “K” in “KZG”), it’s important to know just one thing:

You only need one honest participant to guarantee the validity of the trusted setup for everyone.

Ethereum researchers devised a way to let anyone with an Ethereum address participate, with some history of using the network required to join in. It’s a goodwill gesture — you get nothing in return except for peace of mind.

As a participant, you only need to trust yourself and no one else, because each contribution contributes to the randomness of the system — effectively guaranteeing that there can be no collusion in the trusted setup. It’s easy and takes just a minute of work and some waiting at ceremony.ethereum.org.

Contributing entropy; Source: ceremony.ethereum.org

When opened to the public on April 17, contributions were limited to Ethereum users with a lot of transaction history to cut down on the wait time. But those limits were gradually reduced such that today you can contribute with only 16 transactions.

That lowered bar is one reason why the number of total contributions has been on the up and up, recently passing 100,000 unique contributions.

That doesn’t necessarily mean 100,000 individuals — one person can have more than one address — but only one contribution per address is allowed, and each one contributes a small measure of security to the rollup-centered future of Ethereum.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

Industry City | Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

Brooklyn, NY

SUN - MON, JUN. 22 - 23, 2025

Blockworks and Cracked Labs are teaming up for the third installment of the Permissionless Hackathon, happening June 22–23, 2025 in Brooklyn, NY. This is a 36-hour IRL builder sprint where developers, designers, and creatives ship real projects solving real problems across […]

recent research

Research Report Templates (19).png

Research

Suilend has grown into the top money market and liquid staking provider on Sui. STEAMM, Suilend’s Superfluid AMM, presents a compelling avenue for growing market share within Sui’s DEX landscape and revenue generation for the protocol. Suilend’s multi-product suite position it well for owning market share across key verticals. While current metrics across the Sui ecosystem are likely inflated due to Sui Foundation incentive programs, SEND trades at amongst the lowest multiples in the lend/borrow sector, suggesting that a bull case for continued growth in the ecosystem may be mispriced.

article-image

The stablecoin issuer now plans to offer 32 million Class A common stock shares at a price of up to $28 each

article-image

Let’s go whale watching, Bitcoin style: Investigating the mysterious “12ib7” wallet now worth $3.2 billion

article-image

Bitget’s L2 is undergoing a leadership change and will be helmed by Colin Goltra, formerly the blockchain’s chief growth officer

article-image

The funding was spread out across 61 rounds, a slight dip in both number of rounds and total funding in comparison to other months

article-image

Why is it controversial to say things are better than they used to be?

article-image

Wallchain could make influencer ROI more measurable for Solana businesses