tl:dr; utp, overlay networks, and chugging along towards eth_getBalance support.
Check out the trin repo [https://github.com/ethereum/trin].
Dev update pt 1 [https://snakecharmers.ethereum.org/trin-development-update/].
Portal Network specification
[https://github.com/ethereum/stateless-ethereum-specs/blob/master/portal-network.md]
.
trin is en route to becoming a