We are excited to announce that after almost 2 years of development and a successful audit by Sigma Prime, we are finally releasing Reth 1.0, the first “prod-ready” release of our blazing-fast Ethereum execution client.

One year ago, we announced Alloy, our full rewrite of the low-level building blocks for interacting with EVM blockchains, from the RPC types, down to the ABI encoders and primitive types.

Decentralized networks need coordination mechanisms to incentivize and hold their node operators accountable. This began with Proof of Work and later evolved with Proof of Stake, a significant development that allowed networks to source validator security through economic collateral. The next frontier of this is shared security, which expands the services node operators in PoS can provide while making use of the same underlying economic collateral.

In this post, we introduce MEV taxes, a mechanism that arbitrary applications can use to capture their own MEV. This mechanism could be used today on OP Stack L2s like OP Mainnet, Base, and Blast, because the block proposers on those chains follow a set of rules we call competitive priority ordering.

History growth is currently the biggest bottleneck for scaling Ethereum. Somewhat unexpectedly, history growth has become a much larger problem than state growth. Within a couple years, history data will exceed the storage capacity of many Ethereum nodes.

Reth is an all-in-one toolkit for building high performance and customizable nodes. We recently published our performance roadmap for improving Reth’s performance >100x, and Reth AlphaNet, our testnet rollup for pushing Reth’s modularity and extensibility to the limits.

We started building Reth in 2022 to provide resilience to Ethereum L1, and solve execution layer scaling on Layer 2. Today we’re excited to share Reth’s path towards 1 gigagas per second in L2 in 2024, and our longer-term roadmap for going beyond that. We invite the ecosystem to collaborate with us as we push the frontier of performance and rigorous benchmarking in crypto.

Today, we are excited to open source Reth AlphaNet, an OP Stack-compatible testnet rollup aimed at maximizing Reth performance and enabling experimentation of bleeding edge Ethereum Research.

We are excited to announce that after 21 alpha releases since July 2023, Reth is entering beta.1 and preparing for our 1.0 “production ready” release once audits are done in the next few months. In this post, we’ll discuss the core features, performance, and stability of Reth Beta. In the near future, we will be publishing guides on how to maximally leverage Reth in your infrastructure, and roadmaps for the future of Reth.

We’ve been thinking a lot about power perps. Power perps are assets that target the power of an index price, like index2 or index3. It’s a fun rabbit hole to go down. The longer you think about power perps, the more you see how everything resembles a power perp.