• Breaking News

    Monday, January 18, 2021

    Ethereum Ethereum now settles $12 billion in transactions daily - $3 billion more than Bitcoin.

    Ethereum Ethereum now settles $12 billion in transactions daily - $3 billion more than Bitcoin.


    Ethereum now settles $12 billion in transactions daily - $3 billion more than Bitcoin.

    Posted: 18 Jan 2021 06:48 PM PST

    The State of 1559 - Update 006 ��

    Posted: 18 Jan 2021 12:35 PM PST

    Lost everything in house fire, a friendly reminder to keep your keys safe.

    Posted: 18 Jan 2021 01:17 PM PST

    2 weeks ago, half of my house had been burnt , i lost everything, my tv, my laptop, my ledger (didn't have more than 120$ on it anyway)

    it's just pains me to think, are cryptos this easy to lose?

    on my case i didn't have much, but there are people who got 30k+ worth of cryptocurrency, are they that much invunerable?

    just a friendly reminder , have a backup plan for such cases!

    and keep a backup of it outside of your house!

    i lost everything so you don't have to!

    sorry for my bad english.


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    Hardware wallet

    Posted: 18 Jan 2021 07:03 AM PST

    Hello guys, I am new to the crypto world. I was planning to post this on r/cryptocurrency but I don't have enough karma. I am looking for wallet to store the keys of my ETH and other coins (for BTC I am using a coldcard). A did some research and I can't decide between cobo vault, BitBox02 and trezor. Which one offers the best security? I prefer it air gaped like the coldcard. Thanks in advance and sorry if this have been asked a ton of times.

    submitted by /u/Aerith_Gainsborough_
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    Miners favor 1559

    Posted: 18 Jan 2021 11:41 AM PST

    Scam Alert: YouTube

    Posted: 18 Jan 2021 04:14 PM PST

    I want to let people know that a YouTube user is impersonating Vitalik Buterin & showing a live stream of him. The live stream asks people to send in Ethereum and claims they will get 2x in Ethereum back. Please don't fall for this. Flag and report to youtube if you can.

    submitted by /u/Fuckwayoff
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    ⟠ Latest Week in Ethereum News

    Posted: 18 Jan 2021 10:51 AM PST

    An ERC20 token, ERC1155 tokens and an ERC721 token can all be implemented in a single Ethereum diamond with a single address.

    Posted: 18 Jan 2021 08:48 PM PST

    Ethereum transaction stuck because of low fees (6.6 Gwei)

    Posted: 18 Jan 2021 12:49 PM PST

    My transaction has been pending for like 2 months now and It wold really help me if I had the money now. I can't create another transaction within the wallet and I cant change the fee because the BRD wallet does not support either (: Is there any other way I can cancel or change the fees? I'm thankful for any help.

    The Transaction Hash: https://etherscan.io/tx/0x054e2a4e0d6d3a5d8fdc24ea557a8c21009cdb05d7f420cbf26cd5c39b92da69

    submitted by /u/iBiZaTwista
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    After the summer of DeFi and with NFT art currently in the spotlight, is gaming the next wave of Ethereum innovation?

    Posted: 18 Jan 2021 04:52 PM PST

    I wanted to write a little bit about one of the lesser discussed narratives i've been tracking over at: r/EthGamers which is the story of blockchain gaming.

    During the network crippling, perfect storm that was the launch of Cryptokitties, the potential and the challenges of blockchain gaming were both abundantly on display.

    On one hand, the concepts of in game item ownership, integrated economics and exciting new partnerships between player communities and developers was emerging, on the other, nobody really knew how this thing was going to work, and what was even possible. Cryptokitties was a great proof of concept, but what was next?

    Over the interim years, it's a been a rollercoaster of experimentation - both on the protocol and the application layers - and to be honest, there have been as many misses as there have hits. Even early pioneers like Dapper labs have had to roll with the punches as hard lessons have been learnt.

    Fundamentally, we're breaking entirely new ground. And while many traditional game studios have taken an interest, and alternatively many crypto enthusiasts have spun up game studios promising the world, the difficulty of combining interesting game mechanics, with integrated economic dynamics is fascinatingly difficult. The broad multi-disciplinary requirement inherent in blockchain gaming development isn't to be underestimated.

    Words such as "play to earn" were intended to guide us towards an alternative model to the incumbent, broken models of digital asset ownership and gaming, and a range of early explanations of why this was game-changing ("Vitalik lost his warlock, imagine if you could just fork the game and start again") were often found to be solutions looking for problems, and distractions from the actual work studios were doing to explore and build balanced "player owned gaming".

    And exploring they were - from taking traditional games and adding on item and loot drops, in-game currencies that could be moved to main-chain, scarcity models, pre-sales, fully on-chain gaming, fully-off chain gaming with composability, economic gaming, item rarity, gacha rolls, item "breeding", land assets, wealth generating assets, vanity assets, we've got to a point where a lot of things have been attempted, and we're finally starting to see a few of them stick.

    The challenge remains, how do we create a truly fair, enjoyable economic distribution, that can sustainably create an enjoyable game mechanic in the long term? That remains accessible, play-to-earn, and isn't swamped by whales, or early players using their advantage against others. Oh, and after all this, it needs to be a quality (A+) game as well.

    While DeFi and MemeFi degens were rampaging over summer, almost all trading under a certain amount on OpenSea was quickly subdued by high gas prices. Unless you were moving an exclusive land parcel on Decentraland, or a world class player card on Sorare, it just wasn't worth it. The flux earning and card forging system of God's Unchained had to be put on ice, and Small Love Potions in Axie were no longer worth redeeming regularly.

    And so the story shifted, the studios put their heads down and had to come up with new solutions, with Matic stepping into the void left by Loom, Axie Infinity investing in their alternative known as Ronin, and Immutable starting the market leading work with Stark labs to create their own scaling alternative: Immutable X. Release date, months not years?

    While we're still not out of the woods, and it's going to take a few more months of seriously hard work to overcome these scaling challenges, there's definitely something in the air.

    As DeFi and NFT Art finally get their time in the sun after years of similar experimentation, there's a lot on the horizon in terms of the Metaverse (Decentraland, Cryptovoxels, The Sandbox etc.), new innovation (Dark Forest, Immutable X), games using Matic, Enjin and other solutions to overcome scaling challenges today (Neon District, Hash Rush, Ethernal etc.) and those just pushing through with today's gas prices (F1 Delta Time, Brave Frontier Heroes etc.).

    On top of all this, Axie Infinity has been posting some seriously impressive growth numbers, and has an active community of players around the world who are truly using the game to make money week on week.

    It's a small, hardened community of early adopters and like most communities in this space - the longer you've been here, the more scar tissue you've picked up along the way, but i'm fascinated to see where they get to in 2021. One to keep an eye on!

    submitted by /u/AESTHTK
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    New Prysm v1.1.0 release

    Posted: 18 Jan 2021 02:26 PM PST

    How to get

    Posted: 18 Jan 2021 08:20 PM PST

    Wondering if you guys can help me with this - I'm trying to get my private key from my 24 words. Using iancoleman.io 's tool but it only generates the derivation m'/44'/60'/0'/0 keys, but I need to get the m'/44'/60'/0' keys because that's the version of address that it's under that ledger live uses. Any advice on how to do that?

    I'm only doing this because I have some ICX tokens that I need to get on ICX mainnet. The address has nothing but the ICX tokens so I'm not that worried about the account getting burned. The ICX tokens can't be moved to another account because the contract prohibits it now. Thanks !

    Edit: damnit pressed submit before I changed the title. Sorry for confusing title

    submitted by /u/Psychedelic_Traveler
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    Investor’s analysis

    Posted: 18 Jan 2021 02:13 PM PST

    Although I like to see it happen, it's also refreshing to not hear ETH to 70K , the moon, or both. However - what are your thoughts on this article? How risky is it to get passed ETH 2.0, and thereby how likely is a 'Concorde scenario' as mentioned in the article?

    https://www.lynalden.com/ethereum-analysis/

    submitted by /u/wkk230
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    ETH sent to ETC Wallet

    Posted: 18 Jan 2021 11:42 AM PST

    Hey community,

    I'm trying to help a friend who accidentally scanned the ETC wallet QR code and sent ETH from an exchange to her ETC address. She owns a Trezor T which has a 20-word Shamir backup and used the Trezor Suite.

    I tried looking it up on MyCrypto, MEW with different derivations and also Exodus Wallet and sweeped for ETH and still no hit. Etherscan shows as it being confirmed.

    I've never used a Trezor T with Shamir backup so could that be a reason it's not showing up? Or does this need to be cleared up by the exchange? I'm baffled at this point and any suggestions would be appreciated!

    Thanks.

    submitted by /u/aspiras213
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    Transfered ETH from Binance with the BEP20(BSC) to my Celsius wallet without knowing they don’t support the binance transfer. What can i do. Help

    Posted: 18 Jan 2021 06:38 PM PST

    Hi, im new to crypto. I have been buying since march and wanted to try another wallet so I tried the Celsius Wallet, I transferred about 900 usd(Eth) from my Binance account to celsius. I didn't think the transfer method would matter. I used BEP20(BSC) and latter learned that Celsius didn't accept the transfer method. I have talked to both customer support and they say they cant do anything and the money is lost. Anything i can do? Or is lost. Thanks for the help

    submitted by /u/KhaSuoo
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    The value of Ethereum to emerging markets

    Posted: 17 Jan 2021 09:05 PM PST

    Those living in America or other first world countries often times have a hard time understanding the impact Ethereum and other decentralized tech will have. Although this tech will have a lot of innovation in first world countries, many people might not understand the impact Ethereum (and other blockchains) will have in emerging and under developed markets.

    The lack of infrastructure is currently one of the biggest disadvantages that underdeveloped countries have. This lack of infrastructure is also what will make these same underdeveloped and emerging market economies very advanced in the future. With the fast innovation of technology it is starting to make society less and less reliant on the built out infrastructure that we currently have. Cell phones now make telephone poles unneeded, solar panels can allow people to live without being connected to the grid, the internet allows people to work from home and not a corporate building, and blockchain allows for people to have financial tools on their devices instead of a bank.

    In America, we are starting to lag behind in certain tech changes (such as renewable energy) partly because we are too reliant on the tech of the past. In order for America to receive the full benefits of the tech that is becoming available, they will need to first break down the current system we have and restructure everything to more modernized technology. A perfect example of this is the power grid. With the changes happening in energy, America will need to restructure the entire grid to make it more efficient to meet our future power demand needs and to decrease pollution from energy. The same can be said about blockchain. Other countries will surpass America in blockchain use because of our reliance on traditional financial markets.

    When it comes to blockchain, I believe this will be a HUGE benefit to emerging and under developed societies. This is because it will allow these societies to have access to financial systems. There are countless communities in other countries where the citizens have no access to financial markets because there are no banks for miles. With nothing more than a cell phone and internet access, these emerging market will have access to currencies that are accepted worldwide, which allows them to trade with others. Having access to defi will allow these societies to pool their money together to earn an extra 5% on their money, which is a lot for many people across the world. This access to a monetary system and access to trade will be the first step in the growth of these underdeveloped markets. Other technologies such as solar will also have a big impact on these societies because it will give everyone, no matter where they are, access to power. With money and access to power, it will allow these societies to build their land to be adapted to the modernized tech of the world, there will be no old infrastructure to tear down first.

    Although it will take decades for these under developed societies to catch up with modern societies, the opportunity that they have to even catch up to economies such as America is huge. And considering how fast tech moves, once other countries have caught up to developed nations, they will have the opportunity to pass these large developed countries in productivity.

    50 years ago no one would have thought that China would come close to surpassing America in production. Tech made that possible. Today some people think that underdeveloped nations in Africa or Asia will never be able to advance at a rate quick enough to compete with America or China. I believe Ethereum and blockchain will be a big part in making this possible.

    submitted by /u/bitbuggs
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    What lies ahead for Streamr in 2021? Decentralized governance, DataUnions 2.0, the Brubeck milestone and more – take a look at the Streamr roadmap!

    Posted: 18 Jan 2021 07:50 AM PST

    Peep an EIP-2929 & EIP-2930 with Vitalik Buterin & Martin Swende

    Posted: 18 Jan 2021 07:43 PM PST

    An overview of Berlin EIP-2929 & EIP-2930 by Vitalik Buterin & Martin Holst Swende, discussing mitigating block processing DoS, a path towards bounding witness size and other improvements coming up in the Ethereum chain on Peep an EIP - https://youtu.be/qQpvkxKso2E

    #education #ethereum #eip #upgrade

    submitted by /u/poojaranjan19
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    Scalable Reward Distribution with Compounding Stakes

    Posted: 18 Jan 2021 10:48 AM PST

    Slow transactions now?

    Posted: 18 Jan 2021 06:37 PM PST

    I sent ethereum from one wallet to the other and paid the default gas price it recommended. I sent it at 2:00pm and it's still pending. It's almost been 8 hours now. Any explanation?

    submitted by /u/Tershak_Teriyaki
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    Tokamak Network Review (TON) - CryptStorm

    Posted: 18 Jan 2021 06:09 PM PST

    An Economic Analysis of Ethereum -- Can a knowledgable person address these points?

    Posted: 18 Jan 2021 08:38 AM PST

    Are there any gasless wallets or dexes yet?

    Posted: 18 Jan 2021 01:15 PM PST

    I forget the EIP but I remember there being a discussion around wallets/dexes taking a fee from the transaction to cover the gas cost. For example if someone paid me 5 DAI for coffee to an address that didn't have any ether in it, I could then send that 5 DAI and the wallet/dex would take 0.5 DAI or the equivalent cost of ether and process the transaction. That way I don't have to send some ether to that address, make the transaction, then send out the ether.

    submitted by /u/raymonddurk
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    Book recommendations to learn and understand this coin?

    Posted: 18 Jan 2021 03:46 PM PST

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