Ethereum Core Developer Checkpoint Series Provides Regular Updates

**Ondo Finance has concentrated its tokenized real-world assets on Ethereum**, with over 80% of its tokenized treasuries and stocks operating on the network, according to @RWA_xyz data. **Key figures:** - Approximately 77% of Ondo's total value locked (TVL) resides on Ethereum - This represents roughly 11.6% of all RWA TVL on Ethereum - Ondo tokenizes equities, ETFs, and Treasury securities The concentration reinforces **Ethereum's position as the primary settlement layer for onchain real-world assets**, particularly for institutional-grade financial products like government bonds and traditional securities.

**Railgun** brings privacy to Ethereum's DeFi ecosystem through zero-knowledge proofs, enabling shielded transfers and interactions while maintaining decentralization. **Key features:** - Built directly on Ethereum's public infrastructure - Uses zero-knowledge proofs for transaction privacy - Supports private multisig functionality - Integrates Waku for secure peer-to-peer communications The system demonstrates that privacy and transparency can coexist on open blockchain networks without compromising core principles of decentralization.

The Ethereum development team continues its regular "Checkpoint" series, providing high-level summaries of the All Core Developer calls. These updates are released every 4-8 weeks to help the community stay informed about core development progress without having to follow every detailed technical call. The series serves as an accessible way to track Ethereum's ongoing development work, making it easier for community members to understand what's happening behind the scenes. This approach acknowledges that the weekly All Core Developer calls can be challenging to follow consistently. The checkpoint format focuses on the most important developments and decisions being made by Ethereum's core developers, distilling complex technical discussions into digestible updates for the broader community.

**Ethereum's Fusaka upgrade is now live on mainnet** after activating at epoch 411392 on December 3rd at 21:49 UTC. The upgrade implements **13 Ethereum Improvement Proposals (EIPs)** that bring significant scaling and user experience improvements: - **PeerDAS unlocks 8x data throughput** for rollups, enabling cheaper blob fees and faster confirmations - **R1 curve support** enables mobile-native passkeys and simpler signatures for better wallet UX - **Based pre-confirmations** reduce transaction latency from minutes to milliseconds - **Gas limit increase** from 45M to 60M expands network capacity - **New per-transaction gas cap** of 2^24 requires developer attention **Key upcoming dates:** - BPO1: December 9th - BPO2: January 7th Community members continue monitoring the network for any issues over the next 24 hours following the successful activation.

The Ethereum Foundation has announced its Q3 2025 grant recipients, showcasing the latest wave of funded projects and community initiatives. The quarterly funding round supported various projects advancing Ethereum's ecosystem development and innovation. **Key highlights:** - Multiple projects received funding to advance Ethereum technology - Community initiatives were prioritized in the selection process - Grant recipients are working on diverse aspects of the ecosystem The foundation continues its commitment to supporting developers and researchers building on Ethereum's infrastructure. This marks another significant quarter of ecosystem investment and community growth.