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    Wednesday, March 10, 2021

    Ethereum Ethereum Could Scale 100x in a Few Months, Says Vitalik Buterin

    Ethereum Ethereum Could Scale 100x in a Few Months, Says Vitalik Buterin


    Ethereum Could Scale 100x in a Few Months, Says Vitalik Buterin

    Posted: 10 Mar 2021 06:05 AM PST

    ETH Miners Plot 51% collusion

    Posted: 10 Mar 2021 03:25 PM PST

    Being on crypto, do you also feel like you are living in alternative reality?

    Posted: 10 Mar 2021 02:07 PM PST

    I don't know if I'm alone on that but sometimes I am so deep in crypto, reading about new projects, such disruptive ideas, talking to great minds, seeing huge profits, etc, that it feels like I am in another reality.

    It could also be a result of too much time on computer or books related to that, but when I go outside it looks like I am transported back to past 10 years. I know it is important to care of mental health, to balance things, although crazy things on crypto generates just a rush feeling that seems like if I stay off I'd miss the next revolutionary thing.

    Well, just a thought that I wanted to share and discuss with other people on that field.

    submitted by /u/mkiob
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    This U.S. state may legally recognize Ethereum DAOs

    Posted: 10 Mar 2021 10:06 AM PST

    “The Digital Culture Revolution” by David Hoffman. Ethereum is a revolution for younger generations to take power back from the old guard, thru digital culture and new institutions.

    Posted: 10 Mar 2021 04:15 PM PST

    Mintable will support completely gas free NFT trading using Immutable X and ZK-Rollups

    Posted: 09 Mar 2021 09:16 PM PST

    Last will in ETH?

    Posted: 10 Mar 2021 12:39 PM PST

    Hey, I've been wondering whether ETH can provide the function of a last will in sort of a smart contract or similar... I also crossposted this over at /r/cryptocurrency but moons take most of the attention, I guess. :)

    Anyway.

    In case of my death I have to leave some important passwords to others and like to have them stored safely under my control until then.

    I'd like to give the other parties access to an encrypted file which contains the passwords / important documents. The password to the encrypted file would only be released from the smart contract if my interaction with it does not happen for a set amount of time. 30, 60, days - any amount of reasonable time.

    As long as I am alive I'd also have to sign the smart contract to continuously deny access to the content.

    In short: a "if not signed / dead man switch" rule must be obtained to grant access.

    How do I achieve this and which project does provide such a functionality? ETH maybe?

    Do you think ETH is stable enough to exist in the unforseen future and is reliable enough today in terms of security?

    I'd love to hear your ideas. Sorry, I am not a native speaker. :) Thank you!

    submitted by /u/ddif
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    DAI Gets a Quick Bridge To Optimism - The Defiant - DeFi News

    Posted: 10 Mar 2021 01:58 PM PST

    Vitalik Buterin Touts 100x Scaling Solution for Ethereum - Decrypt

    Posted: 10 Mar 2021 09:49 AM PST

    Using flashbots as a backdoor path to account abstraction

    Posted: 10 Mar 2021 09:08 AM PST

    ConsenSys Quorum Adds Enhancements for Ethereum Mainnet

    Posted: 10 Mar 2021 08:01 AM PST

    Baseline protocol has announced the Baseline Protocol Grants program to accelerate enterprise adoption of the Ethereum Mainnet, made possible by a grant from the Ethereum Foundation

    Posted: 10 Mar 2021 10:02 AM PST

    Introducing the Ethereal Place – a multidisciplinary art and content network I am developing on ETH

    Posted: 10 Mar 2021 12:36 PM PST

    Conditional Transfers — The Key to (L2) Interoperability

    Posted: 10 Mar 2021 11:19 AM PST

    Can someone please help me out here?

    Posted: 10 Mar 2021 03:42 PM PST

    I have like 3-4 transactions in Que or Pending in MetaMask and I cant do anything with them I've looked up videos on what to do and i've tried to update the nonce with more gas (even though i've set it to fast gas option everytime.) And I cant do it because of the fact that Etherscan.IO doesn't show that theres a transaction yet. But nothing is going through. Will I lose all of the ETH in this wallet due to this? Like since theres not very much ETH in the wallet will I lose whatever is in there after the gas comes out for the next transaction to ATTEMPT to be processed? I'm so tired of these high gas fee's and slow transactions its getting so frustrating... EDIT: I figured out how to get the NONCE number and have sent a transaction to the same wallet address with an updated GAS fee of 116 GWEI and like 55K gas limit and its still not going through I do also have one REPLACED transaction that has been pending for like 20 hours now that might be causing this but as I already REPLACED the previous transaction then that one should be NULL right ? What a freaking nightmare just to buy some NFTs...

    submitted by /u/Alecwade15
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    Crypto Wallets: which one is right for you

    Posted: 10 Mar 2021 05:53 AM PST

    Wait, can't I just leave my crypto on the exchange I purchased them on? Well, that depends on a few factors, but let us start from the beginning.

    What

    Your crypto wallet is what you use to interact with a blockchain network and falls under one of three categories: a paper, software or hardware wallet.

    Now, there are different use cases, but the tl;dr is hardware wallets are the most secure method of storing your crypto, with software being the most convenient and paper wallets being widely considered obsolete/unreliable.

    How

    The first thing to understand about wallets is that they don't actually store your crypto. They are merely vessels through which you can interact with a blockchain allowing you to send and receive the required information in order to perform transactions on said blockchain.

    Examples of this information include:

    1. Your public keys
    2. Your private keys. Never share this with anyone as it will mean they are able to access your crypto. Also remember, if you don't own the private keys, you don't own the crypto. Looking at you, Robinhood! Your private keys (or seed phrase) will also allow you to access your crypto on any device and that's because your crypto never actually leave the blockchain, they just change from one address to another.
    3. An assigned address that you will use to receive or send crypto to and from your wallet, which acts as a location on the blockchain. It's okay if your address is public. When sending or receiving crypto, always ensure you are sending crypto to the right address.

    Hot vs Cold

    Hot wallets are any wallets that are connected to the internet. Your crypto is very accessible and trading with your crypto is convenient.

    Cold wallets have no connection to the internet making them less likely to be compromised by those evil people who want your precious crypto. Cold wallets usually come in the form of a USB drive device that stores a user's private keys securely. If you're a loooooooong-term HODLer, this may be the option for you.

    A cold wallet is a physical device that uses a random number generator (RNG) to create public and private keys. The device, which is not connected to the internet, is home to these keys, making it a cold wallet and as a result arguably the most secure methods to store your crypto.

    Software wallets

    Web wallets

    Web wallets make it possible to access your crypto, without having to install software - think metamask (browser) and your exchange wallet. You create a password to access your crypto, but in some cases, the provider will hold the private keys. Again, if you don't own the private keys, you don't own the crypto. If you're leaving your crypto on the exchanges, set up multi-factor authentication, anti-phishing code, and withdrawal address management.

    Desktop wallets

    If you opt for a desktop wallet, you will be installing software onto your computer and you'll be able to manage your crypto through that. You will have your private keys, which are stored locally on your computer. Encrypt it with a password as an extra precaution. BACKUP YOUR PRIVATE KEYS AND PASSWORDS because by doing so, you will be able to access your crypto on another device. Scan your computer regularly for viruses, malware etc.

    Mobile wallets

    These are very similar to desktop wallets but operate on…you guessed it, mobile devices making it incredibly convenient to send, receive and spend your crypto on the go. Again, BACKUP YOUR PRIVATE KEYS AND PASSWORDS.

    Paper wallets are exactly that - pieces of paper with a crypto address and its public and private keys printed on it in the form of a QR code. A major flaw to this option though is that you are only able to transfer the entire balance to an address, making it the wrong option when wanted to send a smaller amount to an exchange to trade or to another address to purchase something. As stated above, this method is somewhat dated and is considered dangerous.

    Finally, BACK UP YOUR SEED PHRASE AND PASSWORDS!

    submitted by /u/BreakfastAntelope
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    Ethereum Studymaster GitCoin Grant Now Open

    Posted: 10 Mar 2021 12:29 PM PST

    Bitcoin or Ethereum?

    Posted: 10 Mar 2021 02:00 PM PST

    As crypto grown increasingly popular, which coin do you think will win out? Or will they both be widely used?

    submitted by /u/1shadygrey
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    Buying ETH through Trezor

    Posted: 10 Mar 2021 04:09 PM PST

    Is buying ETH through Trezor's system a good idea? Anyone have any experience with this? Safe and reliable?

    submitted by /u/JuicyAssReddit
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    Support Gitcoin without spending money

    Posted: 10 Mar 2021 12:11 PM PST

    Can web3 be installed globally?

    Posted: 10 Mar 2021 11:36 AM PST

    I am getting ready to install the current version of web3 on a machine with CentOS v.7.8, 64 bit, and npm 6.14.11.

    In the past, the web3 installation had some problems. Are there any issues with using the following command to install the current version of web3? npm install -g web3

    1. Can I install web3 globally, so it will work with all domains on my server?
    2. Do I need to make any directory current before typing "npm install -g web3"?
    3. Does the default web3 installation include the features of ethereumjs-tx.js, or do I have to install something else?

    Thanks!

    submitted by /u/SkillDuel
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    1 gas price?

    Posted: 10 Mar 2021 09:24 AM PST

    I was wondering about setting my gas price to 1 I am new to etherium and I wish to move some etherium I have mined to another wallet but gas price is a big deal since I mined like 20$ and I dont want to pay a bunch of money. I have no problem with waiting 40 minutes for a transaction this calculator says that i will have to wait 47 minutes so whats the drawback? https://ethgasstation.info/calculatorTxV.php if 1 gas price doesnt work whats the lowest that will?

    submitted by /u/TobuscusLover54
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    gas price and gas limit question

    Posted: 10 Mar 2021 11:31 AM PST

    pardon me, I am new to eth. I gathered up some ethereum and now I am trying to move it to one place about $160. So I have two things on MEW wallet: transaction fee 169.00 Gwei and Gas limit set to 21,000. This costs me $6.6. I am wondering is it possible to lower it? I don't mind waiting for few hours/days. I am just trying to not make some horrible mistake here. Edit: Also the edit Gas button on MEW is broken so I cant edit the "169 Gwei"

    submitted by /u/usernametoomuch
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    ETH Staking

    Posted: 10 Mar 2021 06:53 AM PST

    I very interested in ETH staking. Right now I am on the fence and am seeking out any advice, tips, lessons with staking ETH. I partially understand the risk involved but if someone with first hand experience can give me their two cents I would appreciate it. GLHF

    submitted by /u/TheBlackGamba
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