Ethereum Be careful of youtube/google ads it seems all they care about is money and don't check the ads for scams.

Be careful of youtube/google ads it seems all they care about is money and don't check the ads for scams.
For the first time ever, DAI issuance ceilings are maxed out simultaneously on ETH, BAT, and WBTC! Hopefully Maker will raise the ceilings to keep up with demand and scale
Week in Ethereum News, July 19, 2020
ERC-1155 Multi Token Standard updated to mention the Diamond Standard for contract upgrades
Matcha.xyz, 0x's new DEX aggregator, now with over $11.8m cumulative + $2.6m daily trade volume!
Here's why high fees are good for the Ethereum ecosystem
Ethereum Bootcamp certifies Alumni on Smart Contract with a unique ENS Subdomain
What’s New in Eth2 - 10 July 2020
The Art of token sale Part 1: Hard Cap, Soft Cap & Projected Financials
This Week's Top DeFi, CeFi, Crypto & Global News Headlines - July 19th 2020
My items from my Reddit Vault are approved but aren’t going to my Ethereum / Metamask?
I am both bull for btc and eth but I see more upside in eth pls comment which coin has more upside (downside if bear) thanks

Be careful of youtube/google ads it seems all they care about is money and don't check the ads for scams.

Posted: 19 Jul 2020 01:14 PM PDT

submitted by /u/ztodorovski
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For the first time ever, DAI issuance ceilings are maxed out simultaneously on ETH, BAT, and WBTC! Hopefully Maker will raise the ceilings to keep up with demand and scale

Posted: 19 Jul 2020 07:15 AM PDT

submitted by /u/Crypto_Economist42
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Week in Ethereum News, July 19, 2020

Posted: 19 Jul 2020 03:43 PM PDT

submitted by /u/EvanVanNess
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ERC-1155 Multi Token Standard updated to mention the Diamond Standard for contract upgrades

Posted: 19 Jul 2020 09:40 AM PDT

Today the ERC-1155 Multi Token Standard was updated to mention EIP-2535, the Diamond Standard, for contract upgrades.

Previously ERC-1155 mentioned EIP-1538 for upgrades. But EIP-1538 has been replaced by the Diamond Standard, which is why ERC-1155 was updated. The pull request is here: https://github.com/ethereum/EIPs/pull/2800

ERC-1155 says this:

To alleviate the need to emit events when changing contract address, consider using the proxy pattern, such as described in EIP-2535. This will also have the added benefit of providing a stable contract address for users.

About the Diamond Standard

Consider using the Diamond Standard for contract upgrades, to solve the maximum contract size limit and for code organization.

A diamond is a set of contracts that can access the same storage variables and share the same Ethereum address.

Recent Diamond News

Last month ConsenSys Diligence conducted a public security audit of Codefi's contracts. Consensys Diligence recommended or suggested that Codefi use the Diamond Standard to solve the maximum contract size limit problem.

Ronan Sandford (wighawag), a prominent smart contract developer and an author of the ERC-1155 standard, announced he is working on adding support for diamonds to buidler-deploy to make it very easy to deploy/cut diamonds. buidler-deploy is a mechanism to deploy contracts to any network, keeping track of them and replicating the same environment for testing.

Joey Zacherl, a developer at VolleyFire, released a Python tool called Diamond Setter that is a contract manager for diamonds. Here is his blog post about it: Diamond Setter, Ethereum smart contract manager

The Diamond Standard got its first popular Reddit post.

If you want to learn more about diamonds read this article: Understanding Diamonds on Ethereum.

And this article: Ethereum's Maximum Contract Size Limit is Solved with the Diamond Standard

I am the author of the Diamond Standard so if you have any questions let me know. And/or join the Discord server: https://discord.gg/kQewPw2

submitted by /u/mudgen
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Matcha.xyz, 0x's new DEX aggregator, now with over $11.8m cumulative + $2.6m daily trade volume!

Posted: 19 Jul 2020 09:25 AM PDT

submitted by /u/mattytay0x
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Here's why high fees are good for the Ethereum ecosystem

Posted: 19 Jul 2020 11:05 AM PDT

Wether high transaction fees are good or bad is a controversial topic. In this post I want to explain why high transaction fees not only are good for the Ethereum ecosystem, but they will also cause the ETH price to go up in the long run.

First of all, we should ask ourself: what is Ethereum and what brings value to ETH? Ethereum is a decentralized computer that offer decentralized services in exchange for fees. The value of what the Ethereum network produces can be quantified as the sum of all the daily fees paid by all the Ethereum users. That's how much people are willing to pay in order to be part of the Ethereum ecosystem, so that represents the demand.

In the Ethereum network users pay fees for gas at a certain gas price that is decided by the market. The math behind gas fees can be explained with just 3 metrics:

DAILY_PAID_FEES: is the amount of ETH paid for fees everyday, and as we were saying before it represents the value of what the Ethereum network produces ( https://etherscan.io/chart/transactionfee )
AVG_GAS_PRICE ( https://etherscan.io/chart/gasprice )
DAILY_GAS_USED: since the gas per block and the number of blocks that can be produced everyday are capped this value is capped too, at least until the Ethereum network is capable of scaling further ( https://etherscan.io/chart/gasused )

DAILY_PAID_FEES = AVG_GAS_PRICE * DAILY_GAS_USED

Lately, DAILY_PAID_FEES have reached record highs in ETH by almost doubling the fees of 2017, which is extremely good. This basically means that the ratio between what Ethereum produce and it's price is at its peak. Please notice that daily network fees have NOT broken the 2017 record in USD, as the ETH/USD ratio was much higher back then.

data from etherscan.io

To understand better why high DAILY_PAID_FEES will increase ETH price in the long run you can think about this analogy: when PoS will be available, DAILY_PAID_FEES will be the "dividend" that is paid to stakers. Of course ETH is also an inflationary currency so that's another incentive for the stakers, but a large part of their reward will come from fees. If DAILY_PAID_FEES are high people will want to stake ETH in order to earn a yield, and this will cause the ETH price to increase.

An argument against high gas fees is that they will cause users to run to other ecosystems where fees are lower. And while this is true, we should look at the big picture in the long term. The solution to this problem is scalability. Today DAILY_GAS_USED is capped so the only way DAILY_PAID_FEES can go up is if AVG_GAS_PRICE increase. But with ETH 2.0 DAILY_GAS_USED will be able to increase much more. 10x, 100x, 1000x, or even more? No one really knows. But what's important is that today the demand for Ethereum gas is really high and so DAILY_PAID_FEES will be able to increase much more while keeping AVG_GAS_PRICE low.

submitted by /u/JokerTheBond
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Ethereum Bootcamp certifies Alumni on Smart Contract with a unique ENS Subdomain

Posted: 19 Jul 2020 12:01 PM PDT