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    Wednesday, June 3, 2020

    Home Unlabelled Ethereum Federal Reserve Endorses Ethereum-Backed Alternative To Libor

    Ethereum Federal Reserve Endorses Ethereum-Backed Alternative To Libor

    June 03, 2020

    Ethereum Federal Reserve Endorses Ethereum-Backed Alternative To Libor

    Federal Reserve Endorses Ethereum-Backed Alternative To Libor

    Posted: 03 Jun 2020 06:00 PM PDT

    Grayscale trust ETHE trading at $206 while each share corresponds to .094 ETH. YIKES!

    Posted: 03 Jun 2020 08:08 AM PDT

    This is a PSA. One share of ETHE corresponds to 0.094 shares of Ethereum. That means ETHE should be trading at ~$22.50. Its trading at a price more than 9x the underlying value. This is just waiting for someone to come in and short for an easy profit.

    I urge you to be cautious and do the math before buying ETHE.

    submitted by /u/NYC_PM
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    The results of last week's poll are in! Wonder if the results would change with the recent spike?

    Posted: 03 Jun 2020 05:58 PM PDT

    Kleros Announces the Launch of the Kleros Guild of Justice

    Posted: 03 Jun 2020 08:19 AM PDT

    Smart Contracts: Upgradable and current or unstoppable but frozen - why choose? Introducing the Great Migration (end-user contract wallet migration)

    Posted: 03 Jun 2020 09:13 AM PDT

    Ethereum needs to get serious about the decentralized NFT/Gaming scene, or it won't win

    Posted: 03 Jun 2020 04:40 PM PDT

    As the lead developer for Flowerpatch.app, it's clear that we are standing at a crucial time in the development of NFT based gaming. There are two major directions that the industry can go:

    (1) Big legacy brands like Nike and Ubisoft come in and make "NFT"s that are mostly tradeable and mostly usable. But the key thing here is that big brand like that do not care about decentralization, fairness, or whatever. They care about owning and protecting their brand, self promotion, which is what they've always done. They don't care if it's ERC721 on Ethereum — probably better if it's not, actually, since they want instant transactions and a backdoor that lets them ultimately control the tokens (i.e. their "brand"). As a result, several other competing blockchains have come to be, with the use of enabling big-brand-backed NFT-like gaming. Flow, Near, Tron, HyperLedger, Polkadot — all want an active gaming scene, and they are ready to make compromises in decentralization to make it happen. They are ready to pay teams to build on their network — most of the above blockchains have come and talked to us already. That's what Ethereum is up against — well funded legacy brands, armed with well funded new-age blockchains. They could build an item trading product that's 99% good enough feature-wise for gamers, while throwing fairness and decentralization into the trash

    (2) The gamers unite and demand that game items be tradeable, fair, decentralized, have true ownership. Big brands realize that there's tremendous value to building on a decentralized, open, unified ecosystem. Ethereum becomes the hub of NFTs, in the same way that Ethereum has already won DeFi and Tokens. Ethereum games would need to integrate more deeply into each other, with DeFi, and the larger Ethereum ecosystem to create a "network effect" that makes Ethereum the clear winner in the decentralized item ownership space. A consistent Layer2 strategy would need to emerge, to make actions like getting an item, transferring it to an NFT Exchange (like OpenSea) — instant and transparent

    I mean, yeah, it's gonna be messy. Both strategies will exist for some time, until the market settles onto what it really wants. But I'm just here to tell you, that if the Ethereum community / leaders continue to largely ignore NFTs, option #1 will probably win. Other blockchains are out there paying teams, and building tech that appeals to legacy brands. What do I mean by "continue to largely ignore"? Well, how about this recent tweet (or many others by /u/vbuterin):

    Luckily, there's many categories of ethereum applications (and other chains) that go beyond finance. Decentralized censorship-resistant publishing and communication, decentralized communities / governance / DAOs, DAOs for content curation, etc etc. All important work.

    I love Vitalik, and feel like I share a lot of history with him, being a Russian/Canadian myself. But when he talks about NFTs, he talks about social impact, not gaming, like this clip: https://twitter.com/MintableApp/status/1106912717598679040

    A lot of Ethereum's devs and leadership talk like DeFi, DAOs, Publishing, L2 Scaling, Finance are the only things that matter. Guys, GAMING made computers what they are today. We only have graphics cards as good as we do because gamers demanded it. We have this multi-billion dollar gaming industry that's being run by the biggest tech companies in the world (Microsoft, Sony). Gaming could be the very thing that takes crypto mainstream, like CryptoKitties almost did (until the scalability stopped their epic run). Why ignore it?

    So this is my call to action:

    • Ethereum Leadership, please pay attention to gaming. It matters. It drives adoption. Actively aim to beat the other blockchains. Fund Ethereum gaming companies, and agree with them that they'll stay on Ethereum. Promote the NFT gaming scene, and don't treat us like an afterthought that's "just for fun" or "just gambling"
    • Ethereum Users, please care that crypto gaming happens with Ethereum, in a fair decentralized way. Ethereum has won DeFi, ERC20s, but not gaming (yet). Let's win across the board!

    All the best guys, and a bright future to this excellent network ❤️

    submitted by /u/hugelung
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    Baseline Protocol Office Hours

    Posted: 03 Jun 2020 10:49 AM PDT

    Matic Launches Mainnet Aiming to Bring More 'Firepower' to Ethereum - CoinDesk

    Posted: 03 Jun 2020 07:29 AM PDT

    OMG Network Mainnet Beta | Soon Is Here

    Posted: 03 Jun 2020 01:56 PM PDT

    Creating a liquidation script for Aave DeFi protocol

    Posted: 03 Jun 2020 05:45 PM PDT

    The OMG Network is live!

    Posted: 03 Jun 2020 01:55 PM PDT

    Matcha x SNX

    Posted: 03 Jun 2020 12:02 PM PDT

    Nearly Half of Ethereum Total Value Comprised of ERC-20 Tokens

    Posted: 03 Jun 2020 08:52 AM PDT

    New Waffle matcher: expect().to.be.calledOnContract()

    Posted: 03 Jun 2020 07:45 AM PDT

    Ethereum based Value Income token project VID.camera achieved a new milestone. VID V2.0 App is now officially live on Apple App Store.

    Posted: 03 Jun 2020 04:49 PM PDT

    Seems like recently we are getting major advancements in scaling Ethereum weekly.

    Posted: 03 Jun 2020 12:37 PM PDT

    Using the maximum integer in Solidity by Alice Henshaw of the OpenZeppelin Research Team ⚡ MAX_INT = 1️⃣ 115792089237316195... 2️⃣ 0xffffffffffffffffffffffffffff... 3️⃣ uint256(-1) 4️⃣ 2**256 - 1 Which do you prefer? Join the discussion in the forum

    Posted: 03 Jun 2020 04:00 PM PDT

    where can I learn how to program a smart contract with flash loan and arbitrage?

    Posted: 03 Jun 2020 12:12 PM PDT

    Well, I stumbled upon the whole flash loan topic and how it can for example be used to make money with afrbitraging during that single block.

    so I would love to learn how to program the needed code.
    it's jsut that I have no knowledge about these smart contracts, solidity (or whatever language ethereum stuff uses) and similar stuff.

    my experiences are limited to buying and selling cryptocurrencies on exchanges (manually).

    so no idea yet how this needlessly complicated ethereum stuff works :-/

    anyone got a good idea where I could learn to programm that stuff, especially things around flash loans?

    submitted by /u/densch92
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    May's Top 10 Highest Developing ERC-20 Projects - Santiment Community Insights

    Posted: 03 Jun 2020 11:40 AM PDT

    Ethereum zkrollups vs. Plasma

    Posted: 03 Jun 2020 01:54 AM PDT

    Hey together,

    can somebody explaon me the difference between plasma anf zkrollups? Both are somehow scaling solutions? Matic and OMG rwfers to plasma?

    submitted by /u/chainless94
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    Crypto Tax Calculator | CryptoTrader.Tax

    Posted: 03 Jun 2020 01:37 PM PDT

    Rinkeby faucet not allowing me to gain test ETH

    Posted: 03 Jun 2020 04:42 AM PDT

    I'm currently stumped with regards to the rinkeby faucet No matter which social network, which address, how recent the post, the privacy (public) settings of the post, or the device I try this on, I am not able to use the faucet to mine test #ETH I constantly receive the error "No address found."

    Anyone else had this issue lately? Any advice would be greatly appreciated.

    submitted by /u/TheFriendlyHHH
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    Can someone ELI5 about what's coming to Ethereum 2.0? I'm genuinely interested in the project, but I'm don't know when Ethereum 2.0 is going to get released, and what changes it will being to Ethereum

    Posted: 02 Jun 2020 11:40 PM PDT
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