diff --git a/requirements-optional.txt b/requirements-optional.txt
index a93840567..63bf68191 100644
--- a/requirements-optional.txt
+++ b/requirements-optional.txt
@@ -1,3 +1,3 @@
 hidapi >= 0.7.99.post20
-rlp >= 0.4.4
-ethjsonrpc >= 0.3.0
+rlp >= 1.1.0
+web3 >= 4.8
diff --git a/setup.py b/setup.py
index cd2695e90..ef5b23fbe 100755
--- a/setup.py
+++ b/setup.py
@@ -132,7 +132,7 @@ setup(
     install_requires=install_requires,
     extras_require={
         "hidapi": ["hidapi>=0.7.99.post20"],
-        "ethereum": ["rlp>=0.4.4", "ethjsonrpc>=0.3.0"],
+        "ethereum": ["rlp>=1.1.0", "web3>=4.8"],
     },
     python_requires=">=3.5",
     include_package_data=True,