The post Ethereum’s peer-to-peer backbone faces open-source funding gap appeared on BitcoinEthereumNews.com. Shipyard, a key maintainer of libp2p — the peer-to-peer networking stack underpinning Ethereum and dozens of other networks — will cease support for its Go and JavaScript implementations by Sept. 30, citing resource constraints.  In a blog post, the team confirmed it is “working to transition stewardship to the community.” Libp2p is the backbone of Ethereum’s peer-to-peer networking layer, providing the protocol suite that consensus clients use to discover peers, exchange messages, and propagate blocks and attestations across the network. Ethereum clients rely on libp2p’s Gossipsub pub/sub protocol to rapidly broadcast new blocks and validator votes, a process that must complete within strict slot deadlines to keep the chain running smoothly. The status quo is “against good engineering practice,” according to MIT professor and Optimum co-founder Muriel Médard, who has developed a drop-in, API-compatible replacement for Gossipsub, called OptimumP2P (mumP2P). “The thing is, if you hardwire something that does not need to be hardwired, you create fragility and dependence,” Médard told Blockworks. Tea Protocol presents one possible answer to funding conundrums such as this, within the open-source software community. Tea is a blockchain-based system that maps open-source dependencies, ranks projects by criticality, and routes token rewards and security bounties to maintainers to ensure long-term, sustainable support, per Tea co-founder Max Howell, creator of Homebrew. While the ecosystems that rely on libp2p are mobilizing around a transition for the software, in the short term there’s a risk of a slowdown in triaging bugs or security issues, amid the loss of Shipyard’s institutional knowledge. “The incentives aren’t really there for open source maintainers to care enough about security,” Howell told Blockworks, noting that, today, open-source software is more than “a public good,” and rather “fundamental infrastructure.” Timothy Lewis, Tea’s co-founder, said libp2p “sits in what we consider the protocol ranking graph —… The post Ethereum’s peer-to-peer backbone faces open-source funding gap appeared on BitcoinEthereumNews.com. Shipyard, a key maintainer of libp2p — the peer-to-peer networking stack underpinning Ethereum and dozens of other networks — will cease support for its Go and JavaScript implementations by Sept. 30, citing resource constraints.  In a blog post, the team confirmed it is “working to transition stewardship to the community.” Libp2p is the backbone of Ethereum’s peer-to-peer networking layer, providing the protocol suite that consensus clients use to discover peers, exchange messages, and propagate blocks and attestations across the network. Ethereum clients rely on libp2p’s Gossipsub pub/sub protocol to rapidly broadcast new blocks and validator votes, a process that must complete within strict slot deadlines to keep the chain running smoothly. The status quo is “against good engineering practice,” according to MIT professor and Optimum co-founder Muriel Médard, who has developed a drop-in, API-compatible replacement for Gossipsub, called OptimumP2P (mumP2P). “The thing is, if you hardwire something that does not need to be hardwired, you create fragility and dependence,” Médard told Blockworks. Tea Protocol presents one possible answer to funding conundrums such as this, within the open-source software community. Tea is a blockchain-based system that maps open-source dependencies, ranks projects by criticality, and routes token rewards and security bounties to maintainers to ensure long-term, sustainable support, per Tea co-founder Max Howell, creator of Homebrew. While the ecosystems that rely on libp2p are mobilizing around a transition for the software, in the short term there’s a risk of a slowdown in triaging bugs or security issues, amid the loss of Shipyard’s institutional knowledge. “The incentives aren’t really there for open source maintainers to care enough about security,” Howell told Blockworks, noting that, today, open-source software is more than “a public good,” and rather “fundamental infrastructure.” Timothy Lewis, Tea’s co-founder, said libp2p “sits in what we consider the protocol ranking graph —…

Ethereum’s peer-to-peer backbone faces open-source funding gap

2025/09/20 01:18

Shipyard, a key maintainer of libp2p — the peer-to-peer networking stack underpinning Ethereum and dozens of other networks — will cease support for its Go and JavaScript implementations by Sept. 30, citing resource constraints. 

In a blog post, the team confirmed it is “working to transition stewardship to the community.”

Libp2p is the backbone of Ethereum’s peer-to-peer networking layer, providing the protocol suite that consensus clients use to discover peers, exchange messages, and propagate blocks and attestations across the network. Ethereum clients rely on libp2p’s Gossipsub pub/sub protocol to rapidly broadcast new blocks and validator votes, a process that must complete within strict slot deadlines to keep the chain running smoothly.

The status quo is “against good engineering practice,” according to MIT professor and Optimum co-founder Muriel Médard, who has developed a drop-in, API-compatible replacement for Gossipsub, called OptimumP2P (mumP2P).

“The thing is, if you hardwire something that does not need to be hardwired, you create fragility and dependence,” Médard told Blockworks.

Tea Protocol presents one possible answer to funding conundrums such as this, within the open-source software community. Tea is a blockchain-based system that maps open-source dependencies, ranks projects by criticality, and routes token rewards and security bounties to maintainers to ensure long-term, sustainable support, per Tea co-founder Max Howell, creator of Homebrew.

While the ecosystems that rely on libp2p are mobilizing around a transition for the software, in the short term there’s a risk of a slowdown in triaging bugs or security issues, amid the loss of Shipyard’s institutional knowledge.

“The incentives aren’t really there for open source maintainers to care enough about security,” Howell told Blockworks, noting that, today, open-source software is more than “a public good,” and rather “fundamental infrastructure.”

Timothy Lewis, Tea’s co-founder, said libp2p “sits in what we consider the protocol ranking graph — the layer of active protocols and standards that underpin ecosystems like Ethereum.”

Tea tracks the relative importance of code through a system called tea rank, based on package manager data, and is now “leaning into graphing those protocols” as well, Lewis added.

Alternatives brewing

Optimum’s alternative, mumP2P, provides a libp2p-like pub-sub interface while using Random Linear Network Coding (RLNC) to remove Gossipsub’s redundancy and latency.

Médard said Gossipsub “slows down under stress,” and that propagation bottlenecks are now a key limiter for Ethereum scaling. By contrast, mumP2P is able to send “equations” rather than repeated messages, resulting in much lower latency — though it’s still in testing.

For now, libp2p’s future hinges on a new wave of community maintainers, including those from within crypto. Whether protocols like Tea can deliver durable funding for unglamorous maintenance work remains to be seen.  

“Our mainnet is just around the corner,” Lewis said. “This is how we ensure the protocols at the heart of Web3 aren’t left behind, but are sustainably supported for the long term.”


Get the news in your inbox. Explore Blockworks newsletters:

Source: https://blockworks.co/news/ethereums-peer-to-peer-backbone

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Will the 9% Jump Fuel a Run Toward $0.30?

Will the 9% Jump Fuel a Run Toward $0.30?

The post Will the 9% Jump Fuel a Run Toward $0.30? appeared on BitcoinEthereumNews.com. PI has climbed 9%, trading around $0.24. Its trading volume has jumped by over 300%. As of November 20, the crypto market is witnessing mixed signals across the assets. Both red and green flags are waving, exhibiting indecisive price behaviour. For the last few days, the broader market has been lingering in extreme fear. With the BTC and ETH trading on the downside, PI bucks the trend with a sharp 9.84% jump against the market flow.  The asset opened the day trading at a bottom range of $0.2261, and eventually, as the bullish wave staged, it triggered the PI price to rise toward a high of $0.2609. Some of the crucial resistance zones between $0.2266 and $0.2604 have been tested and broken to confirm the uptrend.  If the bulls stay for a longer period, the price could see additional gains. Currently, PI traded within the $0.2488 level, with its market cap found at $2.06 billion. Concurrently, the daily trading volume of the asset has skyrocketed by over 300%, reaching the $65.33 million mark. Can the PI Price Hold its Ground? PI’s four-hour price chart shows the recovery mood, with its price climbing and targets a resistance at around $0.2498. An intensified upside pressure builds a highly bullish zone, likely inviting the golden cross to emerge, and taking the price up above the $0.2508 range. On the downside, if the mighty bears make a comeback, the price of PI could retrace back to the $0.2478 support level. A deeper bearish correction might trigger the formation of the death cross and push the price down to its previous low at $0.2468 or even lower.  The Moving Average Convergence Divergence (MACD) line of PI has crossed above the signal line, which indicates that the bullish momentum is building. Also, the asset may be…
Share
BitcoinEthereumNews2025/11/20 21:35
Australian Dollar heads for weekly decline amid cautious Fed outlook

Australian Dollar heads for weekly decline amid cautious Fed outlook

The post Australian Dollar heads for weekly decline amid cautious Fed outlook appeared on BitcoinEthereumNews.com. AUD/USD extends losses for a third day, set for first weekly decline in four weeks. The Australian Dollar weakens as the Fed-driven US Dollar rebound and soft jobs data weigh on the Aussie. Fed Governor Stephen Miran advocates deeper cuts, signaling internal divergence on future policy direction The Australian Dollar (AUD) trades on the back foot against the US Dollar (USD) on Friday, with AUD/USD extending its decline for the third straight day. The pair is set to end the week in negative territory for the first time in four weeks, as the Greenback’s post-Fed recovery continues to sap demand for risk-sensitive currencies. At the time of writing, AUD/USD is trading around 0.6597, hovering near its lowest level in almost two weeks after reversing sharply from its highest level since October 2024, marked on Wednesday following the Federal Reserve’s (Fed) monetary policy announcement. The US central bank lowered the federal funds rate by 25 basis points (bps) to the 4.00%-4.25% range, broadly anticipated by markets. But Fed Chair Jerome Powell’s press conference proved less dovish than expected, sparking a rebound in the US Dollar and yields, which weighed on the Aussie. Powell emphasized that officials are in no rush to adjust policy further, calling the latest reduction a “risk-management cut” intended to support the economy as labor market conditions soften. He also noted that policy is “not on a preset course” and will stay data-dependent, underscoring a cautious rather than aggressive approach to easing. Earlier on Friday, newly appointed Fed Governor Stephen Miran said he was the “bottom dot” in the Fed’s latest Summary of Economic Projections (SEP), signaling his support for a more aggressive easing path. Miran noted he hopes to persuade colleagues to back deeper cuts, warning that keeping policy restrictive for too long risks damaging the labor…
Share
BitcoinEthereumNews2025/09/21 00:57
Top 3 Crypto Stocks With Upside Potential For the Rest of Q4

Top 3 Crypto Stocks With Upside Potential For the Rest of Q4

The post Top 3 Crypto Stocks With Upside Potential For the Rest of Q4 appeared on BitcoinEthereumNews.com. Key Insights: BitMine sees sharp swings as traders track crypto stocks, including mining activities. Circle posted strong Q3 results, but CRCL is trading lower. Coinbase faces pressure as crypto prices fall. Crypto stocks are drawing fresh attention in Q4 as Bitmine, Circle, and Coinbase trade lower despite earlier gains. The three companies remain active in the market as traders watch price swings, earnings results, and changes in crypto demand. Their outlook for the rest of the quarter could depend on stablecoin use, trading activity, and Bitcoin movement. Bitmine Shows Sharp Swings as Crypto Stocks Sees Volatile Trading Crypto stocks stay in focus as BitMine Immersion Technologies (BMNR) moves through another volatile session. The BMNR stock closed at $29.18 on November 19, witnessing a slump of 9.6% from its prior close. It sits within a wide year range of $3.20 to $161.00 and holds a market cap of $8.30 billion. BitMine Crypto Stock Performance | Source: Yahoo Finance, X Notably, the stock also recorded heavy daily activity, with many traders watching its short-term movements. Similarly, BitMine traded between $28.75 and $32.78 during the latest session. The sharp swings come at a time when the broader crypto market faces pressure. Bitcoin fell below $90,000 this week, marking its lowest point in more than six months. Ethereum also trades lower, and other large tokens follow the same trend. These moves influence most crypto stocks, and BitMine is one of the names that react quickly when prices shift. Notably, the recent market decline has led to liquidations across exchanges. Large liquidation events often slow trading interest and add caution. Bitmine remains active because crypto mining stocks tend to reflect changes in Bitcoin more directly than other crypto companies. Still, the wide year range of the crypto stock shows that traders view it as a…
Share
BitcoinEthereumNews2025/11/20 21:39