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    Friday, April 2, 2021

    Ethereum We got married on the blockchain and exchanged NFTs, like digital wedding rings

    Ethereum We got married on the blockchain and exchanged NFTs, like digital wedding rings


    We got married on the blockchain and exchanged NFTs, like digital wedding rings

    Posted: 02 Apr 2021 11:52 AM PDT

    Vitalik Buterin - Gitcoin Grants Round 9: The Next Phase of Growth

    Posted: 02 Apr 2021 12:53 PM PDT

    Uniswap has over $5 billion in their treasury! I just created this simple site to show the size of various DAOs

    Posted: 02 Apr 2021 06:06 AM PDT

    I made this animation to celebrate the new ATH! As usual, no NFT links are included here. I just want to share my project with everybody :)

    Posted: 02 Apr 2021 06:27 PM PDT

    Best place to discuss Ethereum pricing etc?

    Posted: 02 Apr 2021 09:28 AM PDT

    Doesn't seem to be much going on here, not even any daily pinned post about price movement etc, where are all the ethereum investors chatting?

    submitted by /u/free-reign
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    Finalized no. 25 -- Danny Ryan

    Posted: 02 Apr 2021 01:52 PM PDT

    ELI5 Layer2.Finance: The Modern Subway of the DeFi City

    Posted: 02 Apr 2021 05:21 PM PDT

    10 Key Takeaways of Ethereum EIP1559 and why ETH has so much more potential

    Posted: 02 Apr 2021 01:06 AM PDT

    1. No transaction fee mechanism, EIP-1559 or otherwise, is likely to substantially decrease average transaction fees; persistently high transaction fees is a scalability problem, not a mechanism design problem.
    2. EIP-1559 should decrease the variance in transaction fees and the delays experienced by some users through the flexibility of variable-size blocks.
    3. EIP-1559 should improve the user experience through easy fee estimation, in the form of an "obvious optimal bid," outside of periods of rapidly increasing demand.
    4. The short-term incentives for miners to carry out the protocol as intended are as strong under EIP-1559 as with first-price auctions.
    5. The game-theoretic impediments to double-spend attacks, censorship attacks, denial-of-service attacks, and long-term revenue-maximizing strategies such as base fee manipulation appear as strong under EIP-1559 as with first-price auctions.
    6. EIP-1559 should at least modestly decrease the rate of ETH inflation through the burning of transaction fees.
    7. The seemingly orthogonal goals of easy fee estimation and fee burning are inextricably linked through the threat of off-chain agreements.
    8. Alternative designs include paying base fee revenues forward to miners of future blocks rather than burning them; and replacing variable user-specified tips by a fixed hard-coded tip.
    9. EIP-1559's base fee update rule is somewhat arbitrary and should be adjusted over time.
    10. Variable-size blocks enable a new (but expensive) attack vector: overwhelm the network with a sequence of maximum-size blocks.
    submitted by /u/TechHodler
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    dCanvas - expanding the boundaries of blockchain. AMA with the founders and token drop opportunity!

    Posted: 02 Apr 2021 01:19 PM PDT

    dCanvas - expanding the boundaries of blockchain. AMA with the founders and token drop opportunity!

    Hey r/ethereum! We're excited to announce a new landmark project—dCanvas!

    dCanvas is a 1024 x 1024 canvas board based loosely on r/place (love you reddit), where each 4 x 4 pixel block is a ERC-721 standard NFT that allows only the owner to change the colors of the pixels. Our whitepaper has all the details.

    As dCanvas develops, commissioned art pieces of the canvas board will be created and sold through art marketplaces (OpenSea, SuperRare, etc) with 100% of net profits distributed back to token holders. Once all tokens of the canvas are distributed, no additional blocks will ever be minted again.

    Richard and I, the founders, are actually two doctors but have poured our hearts and souls into this project, working 120 hours a week to build it. We 100% believe in the power of decentralization and non-fungibility but feel that the recent wave of copycat projects is not a good showcase for the true potential of Ethereum. Our mission is to establish dCanvas as a unique, landmark project by pushing the boundaries of blockchain and give you all a chance to own a piece of crypto history.

    Our app is live on our website and in preview mode, meaning anyone can draw on the board for free without needing to own a NFT, until we launch in late April. We also wanted to announce a contest for best preview board art! Whoever 1) draws the best picture, 2) follows our Twitter account, and 3) tweets a screenshot of the picture at us with their Ethereum address will be awarded 4 NFTs at launch! We are gathering some NFT community members as judges and will announce more soon :)

    Feel free to ask us anything about our project or anything in general!

    Andrew

    https://i.redd.it/shrafdjzitq61.gif

    submitted by /u/maruchanr
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    How will the gas issue ultimately be solved?

    Posted: 02 Apr 2021 03:49 PM PDT

    I'm concerned about the move of assets to ADA. Will it be a persistent problem? What will be the solution going forward? Honestly I hope the core devs can sort this out because it is a major threat IMO...or is it just growing pains and will naturally get better over time?

    submitted by /u/hutch_man0
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    Shall I stake? I will hold anyway.

    Posted: 02 Apr 2021 03:21 PM PDT

    Hi,

    I just read a couple of articles about staking but still I am not sure about the risks. Lets say I have 2 eth that I won't sell in the next years anyway, shall I stake then?

    I want to keep the ETH in my own wallet, is there any risk losing my eth when staking? This is done via a smart contract from a staking pool, correct?

    Can I still use the ETH address then, just not the staked ETH amount?

    Thank you!

    submitted by /u/Knurlinger
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    Challenges for distributed and decentralized technology from the perspective of Signal development

    Posted: 02 Apr 2021 08:05 PM PDT

    AI-generated NFT's now on Ethereum

    Posted: 02 Apr 2021 07:18 PM PDT

    Why try using any defi apps right now as opposed to staking ETH or other coins that earn interest on an exchange like coinbase?

    Posted: 02 Apr 2021 06:37 AM PDT

    With gas fees so high to use any defi apps, it seems the cheapest option to earn any interest right now is to stake ETH2/USDC/DAI/etc and wait until fees are lower in the future at some point (which could be years?). I would love to use some of these dapps like compound, yearnfinace, pooltogether but without depositing high amounts the fees are too high for me. Wondering what people's thoughts are on this?

    submitted by /u/a_manbear
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    Big DeFi guide in Forbes: covers uses, risks, essential projects, and how it’s eating banks

    Posted: 02 Apr 2021 12:45 PM PDT

    I just received ETH from a random address that i don't know

    Posted: 02 Apr 2021 06:02 AM PDT

    What's the probability that someone put the wrong address ? Pretty low i think.

    submitted by /u/Niklaus1911
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    Is sharding realy goingt to allow 100k TPS ?

    Posted: 02 Apr 2021 10:39 AM PDT

    Is it possible for ethereum to take bitcoins plce as top crypto?

    Posted: 02 Apr 2021 05:52 PM PDT

    I apologize if this info is readily available, I am just too lazy to research on my own. Just looking for a quick answer. What would it take? Does it just boil down to the amount of people invested? I know certain cryptos it's nearly impossible based on the amount of coins that are released. Thanks in advance fam 💪

    Edit: sorry for the annoying typo lol

    submitted by /u/Rags2Bags
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    NFTs generate record $1.5 billion transaction volume in Q1 2021

    Posted: 02 Apr 2021 06:57 AM PDT

    I'm new to Ethereum and have one question -- why is it so hard to buy? Why so many absurd identity checks?

    Posted: 02 Apr 2021 06:24 AM PDT

    I've bought through Moonpay and Coinbase, and the level of checks they go through -- a very limited number of verification documents, selfies with the document, and even live video conferencing, are really absurd.

    Why can I sign up and be approved for a margin brokerage account at Fidelity or Vanguard, where I can buy securities on credit, with far fewer hoops to jump through?

    I have confidence in Ethereum and smart contracts as a platform, but this entry experience for non-technical people who just want to buy a coin really feels like amateur hour.

    Please understand, I'm not trying to invalidate Ethereum, just the opposite. This seems like a major barrier to adoption, so can someone help me understand why it's so different from every other interaction I have with other financial services companies?

    Thanks!

    submitted by /u/Mad_Dog_Branzillo
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    So what really happened with the whole miners protesting bullshit?!?!?

    Posted: 02 Apr 2021 04:38 PM PDT

    It looks like Ethereum is just ready to take us to the moon.

    submitted by /u/FUmoneyBY2025
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    district0x Quarterly Report - Q4 2020

    Posted: 02 Apr 2021 09:28 AM PDT

    Infura

    Posted: 02 Apr 2021 04:05 AM PDT

    Hi,

    During 2018 I was creating some POC's on the ethereum network. I stumbled upon Infura (https://infura.io/) that made the whole thing easier. However, this centralized middleware is kind of against the decentralization philosophy - as pointed out by several profiles in the cryptocurrency environment.

    If we rely on a centralized layer to connect to the Ethereum blockchain, we're running the risk of this centralized layer being taken down, hurting the ecosystem. Vitalik has said that Ethereum itself is not reliant on Infura or any other centralized API providers, I get that. But if X applications are using infura, X applications would experience downtime during an outage. This could seriously hurt the ecosystem, as a huge unique selling point of the blockchain is it's 100% uptime.

    Could someone tell me where I'm wrong, or even better, point me towards some article/podcast/video that explains how we could decentralize this layer?

    submitted by /u/xGlendur
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