I’m so out of the loop on ETH is there anything interesting being developed?
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the L1 is scaling more, and there were really good enhancements in the node software to make it more efficient. they did a ton of crazy work on how nodes are able to communicate transactional data to each other and check if it's there. when you see bitcoin developers tearing each other's faces off over stupid things like mempool filters, you just don't see these same kinds of problems in the ethereum development scene. there is also healthy client diversity.
rollup L2s with centralized sequencers are still dominating the transaction volume. the most popular ones have forced inclusion and unilateral exit and they are not particularly dangerous to use, but people think it needs to get better.
tornadocash got replaced with railgun. nobody cares about tornadocash anymore.
account abstraction is helping with a lot of UX issues in dapps. if a dapp is built with this, you don't need to perform manual approvals or have any gas token.