PANews news on August 18th, Ethereum core developer Tim Beiko summarized the latest Ethereum Core Developer Executive Conference (ACDE), including Devnet 8 progress, ElP-4788, Holesky testnet, EIP editorial updates and new proposals EIP-7212 (secp256r1 precompiled). Tim Beiko also said that the next ACDE will be held at 22:00 on August 31, Beijing time.
Regarding Devnet 8, which went live recently, bugs were found in some clients, but most were fixed and other fixes are in progress, the network is being finalized. In addition, the basic infrastructure has been established for Devnet 8 as support. Regarding ElP-4788, the developers agreed to use a regular smart contract instead of precompilation to store the historical beacon block root, which means that a bug in the contract will not cause a consensus failure, and the developer finally chooses a regular transaction to deploy this contract, if later Felt it was a bad decision and might reconsider this, it's the fastest option right now.
Regarding the Holesky testnet update, the new testnet is scheduled to launch on September 15th. There is already a public process for requesting genesis allocations, providing a total supply of 1.6 billion HETH.
Regarding the update on EIP editing, the ERC/EIP repository split has been confirmed and is progressing, i.e. the ERC specification will be split from the EIP repository into a new repository so that only the core protocol EIP remains, the editors are working on the specification Its governance process to manage future multi-repository protocols, with some draft documents to be discussed at the next EIPIP call. The developers agreed to renumber the EL spin-off specification files and prefix them with numbers to make the sequence clearer.
For the newly proposed EIP-7212, precompiled for secp256r1 curve support, the same curve as Ethereum uses on EL, but with different input parameters. This may be the ElP adopted by L2 before L1, and this ElP still needs to be discussed.