• Breaking News

    Friday, August 23, 2019

    Ethereum 20,000 more people using ETH as money

    Ethereum 20,000 more people using ETH as money


    20,000 more people using ETH as money

    Posted: 23 Aug 2019 12:52 PM PDT

    This is the perfect example of "blockchains" without decentralization

    Posted: 23 Aug 2019 02:56 PM PDT

    ETH isn't fuel

    Posted: 23 Aug 2019 02:10 PM PDT

    Saying ETH is fuel was always wrong. Not fuel. It's currency to buy the fuel

    The fuel itself is Gas

    Gas meters blockspace on Ethereum

    And is a tax that pays for security

    The US network demands taxes in USD & the Ethereum network demands gas in ETH

    ETH is currency not fuel

    Or, if you prefer...

    ETH is money

    submitted by /u/ryanseanadams
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    You can now create your own tradable characters to play a new Ethereum and Bitcoin puzzle-game

    Posted: 23 Aug 2019 07:31 AM PDT

    Ethereum Blockchain Use Cases and Applications

    Posted: 23 Aug 2019 04:21 AM PDT

    Ethereum 2.0/Serenity new terms explainer

    Posted: 23 Aug 2019 05:08 AM PDT

    [LIVE] Ethereum Core Devs Meeting #69 [2019-08-23 14:00 UTC]

    Posted: 23 Aug 2019 12:56 AM PDT

    Web3data-js — Getting real-time Ethereum blockchain and market data has never been easier.

    Posted: 23 Aug 2019 03:40 PM PDT

    Need help changing the world.

    Posted: 23 Aug 2019 02:47 PM PDT

    Hey Folks,

    So I had this idea a month or two ago, got drunk and posted it on Ethtrader. It seem someone else has since proposed it on ethresear.ch. I am glad they did as it puts it in the communities eye.

    The idea is basically to fund communities / and or startups using Defi. Basically the thing I would like to do is create a site where people can create a community that wants something done then use their crypto assets to make it happen without spending their assets. It's a marriage of the Bounties Network and Defi.

    The money in the community account is used to generate interest by taking advantage of Defi and things like Compound. It's a bit like the pool together lottery except that one lucky winner does not get the interest, the interest goes to whatever the community was created for.

    The basic idea is that you let communities create a joint savings account (smart contract) where they can put some ETH in and can take it out at any time, they have full access to their funds and it differs from a normal joint savings account because you can only take out what you put in. The interest earned goes to whatever the communities purpose is.

    People can then make these communities for causes they want to support. The initial idea was charity but when you think about it you can even allow local communities to save together to improve their area. An example would be getting the roads fixed in some village. The members of the village could ask people to save for the cause and people within the village could help by putting whatever they could afford in the community trust type thing.

    It basically allows interest from the (new) financial system be routed to the place people want it to be routed to instead of through some bank to a rich mans Yacht through a tier of politicians.

    I think it's a good idea and would really like to make it happen but I am just some software engineer who drinks a lot and will never make it happen unless I have others to help me make it happen.

    Anyone interested?

    edit: Ps I started programming on a Vic20 :) So been in the game a long time, need people to help and make it a thing.

    submitted by /u/PeanutPedro
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    Beginners Guide to Token Pricing on Uniswap

    Posted: 23 Aug 2019 02:37 PM PDT

    Is proof of stake not more 'centralized' in that staked accounts could be blacklisted or would a blacklisted account not affect the flow of transactions even if there are MANY blacklisted accounts?

    Posted: 22 Aug 2019 10:37 PM PDT

    Introducing StablecoinSwap - swap stablecoins without slippage

    Posted: 23 Aug 2019 11:24 AM PDT

    Today we're proud to announce Stablecoinswap.io.

    Stablecoinswap is an Ethereum DApp which allows anyone to swap stablecoins without slippage. Currently, supported stablecoins are DAI, USDC, TUSD and PAX.

    The price is set by the oracle which allows trades to be executed without any slippage. No matter what the order value is, be it just $1 or $100,000, the price will stay the same. As long as the contract has enough liquidity, the order will be fulfilled instantly.

    Anyone can also deposit liquidity into the contract to earn trading fees. Anytime a swap happens, the user pays a small trading fee. Currently, the fees are set to 0.3%. For example, if the exchange rate between DAI and USDC is exactly 1.00 and you exchange 100 DAI, you will get 99.97 USDC and the 0.3 USDC is the trading fee earned by liquidity providers and the platform.

    No slippage means you'll get a better price.

    Slippage is a big issue on DEXes and it's currently not possible to exchange even moderately larger sums on decentralized exchanges without high slippage. Which means the price you'll get will be paying a high premium relative to centralized exchanges due to the worse price caused by slippage. See examples below as of Aug 23, 2019.

    Spread comparison:

    Uniswap spread on TUSD-USDC for 10,000 TUSD: 16.8% - buy 10,000 TUSD -> 11,098 USDC, sell 10,000 TUSD -> 9,233 USDC

    Kyber spread on TUSD-USDC for 10,000 TUSD: 4.23% - buy 10,000 TUSD -> 10,211 USDC, sell 10,000 TUSD -> 9,779 USDC

    Stablecoinswap spread on TUSD-USDC for 10,000 TUSD: 0.6% - buy 10,000 TUSD -> 9,987 USDC, sell 10,000 TUSD -> 9,927 USDC

    Of course, it's a bit unfair to make this comparison given that Stablecoinswap has only 2,000 USD in total liquidity right now. However, if it had even just 10k liquidity for each token, this is what you'd get. Uniswap currently has 274,400 USD in liquidity on TUSD and 205,118 USD in USDC but it still suffers from a large 16.8% bid-ask spread.

    For liquidity providers:

    Unlike Uniswap, which forces you to deposit not only the token but also an equal amount of ETH, Stablecoinswap allows you to deposit only the token itself. Meaning that you don't have to be exposed to the price of ETH. And since the prices are set by the oracle, liquidity providers also don't suffer from arbitrage losses.

    The contract is open source and has been verified on Etherscan: https://etherscan.io/address/0xc1ad68c43508dd5addb8d0ac0927dbe752d149d6#code

    Currently, the contract has about $2,000 worth of tokens in DAI, USDC, TUSD and PAX of our own funds but anyone is invited to deposit more into the contract to earn fees. Feel free to play around with it and tell us what you think!

    https://stablecoinswap.io

    submitted by /u/gonchs
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    Quantum Computing Threats

    Posted: 23 Aug 2019 08:23 AM PDT

    Celebrity death list

    Posted: 23 Aug 2019 07:29 AM PDT

    I remember a post on this subreddit I think or another crypto subreddit where someone had made a website where people could gamble on which celebrity would die next. There would be different odds based on who people thought would die. Does anyone know what happened to this site or if there is anything similar?

    submitted by /u/john3298
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    5 Best Crypto Loans For 2019

    Posted: 23 Aug 2019 05:03 AM PDT

    Dev Report - Q1 2019 - Shows Ethereum has 8x more commits than Bitcoin and 20x more commits than XRP

    Posted: 23 Aug 2019 12:37 AM PDT

    A video of Louis Thomas drew my attention the to Q1- 2019 Report of electric capital. Reading through that material made me extremly bullish for the ethereum plattform. The report shows among other findings that:

    1. ETH is among the most active if not the most active developed plattforms
    2. ETH has 8x more commits than BTC and 20X more than XRP
    3. ETH has 4x more average monthly developers

    IKW if this counts as news, but it was certainly news to me. The usual metrics I saw until now where either volume/transaction based or user/wallet based. Although users and volume is not unimportant I think active development is crucial.

    The report also analyses other cryptos and from the data you may also conclude which coins are to considered "dead" developerwise.

    submitted by /u/The_Materialist
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