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    Ethereum Daily Discussion Thread

    June 06, 2021

    Ethereum Daily Discussion Thread

    Daily Discussion Thread

    Posted: 05 Jun 2021 11:00 PM PDT

    Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.

    Disclaimer:

    Though karma rules still apply, moderation is less active on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources.

    Rules:

    • All sub rules apply in this thread.
    • Discussion topics must be related to Ethereum.
    • Behave with civility and politeness. Do not use offensive, racist or homophobic language.
    • Comments will be sorted by newest first.

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    /r/ethereum is a community for discussing the technology, news, applications and community of Ethereum. Discussion of the Ether price or trading is not allowed. Please keep those discussions to /r/ethfinance and /r/ethstaker.

    submitted by /u/AutoModerator
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    GAS fees are super low

    Posted: 06 Jun 2021 06:17 AM PDT

    As a Bitcoin holder, Eth makes complete sense to me.

    Posted: 06 Jun 2021 08:00 AM PDT

    I don't understand why I continue to see Bitcoin holders try and bash Eth, saying it's a shitcoin/alt coin and will never replace Bitcoin (as if replacing Bitcoin is even possible at this point. It isn't).

    I also don't understand why I see Eth investors bash Bitcoin and state that one day Eth could replace Bitcoin. It can't, and it's never tried to nor is it designed to.

    Bitcoin = reserve asset, store of value.

    Eth = Web 3.0, future infrastructure of the digital world.

    They will both exist, and both are profound inventions that couldn't be more different. Their differences are precisely why they both have tremendous value.

    Why the comparisons, then? Is it just fundamental lack of understanding by those comparing of what they're talking about?

    For transparency I'm 95/5 BTC/Eth in personal holdings.

    submitted by /u/omgitsbrad
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    ETH gas fees dropped below 2$ on Sunday. The latest drop in gas fees now sees #Ethereum transactions as being more viable once again.

    Posted: 06 Jun 2021 09:20 AM PDT

    Satisfied yet?

    Posted: 06 Jun 2021 06:08 AM PDT

    For bitcoiners, it's bitcoin vs fiat. For ethereans, fiat and bitcoin are just dapps in the broader Ethereum ecosystem (Dai, USDC, wBTC, etc).

    Posted: 06 Jun 2021 01:24 PM PDT

    Ethereum is bigger and more fundamental than fiat and bitcoin.

    submitted by /u/brantlymillegan
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    ‘One Giant Step For Decentralization’: An Ethereum Node Is Now At The International Space Station

    Posted: 06 Jun 2021 11:31 AM PDT

    Floyd Mayweather promoting Ethereum?

    Posted: 06 Jun 2021 08:18 PM PDT

    Texas Governor Signs Law Creating Legal Framework for Crypto Investments

    Posted: 06 Jun 2021 06:01 PM PDT

    Since 3 years ago till now, 10 million ETH has been locked in DeFi and 5 million has been staked since ETH 2.0 Genesis! 15m, just the beginning IMO

    Posted: 06 Jun 2021 01:28 PM PDT

    The Ethereum community is unstoppable!

    submitted by /u/Hot_BlueStar
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    Floyd Mayweathers Trunks!

    Posted: 06 Jun 2021 08:17 PM PDT

    Is that ethereum

    Posted: 06 Jun 2021 08:16 PM PDT

    Update concerning the delay of Rocket Pool

    Posted: 06 Jun 2021 12:06 PM PDT

    Floyd Mayweather repping Ethereum at tonight’s exhibition bout against Logan Paul

    Posted: 06 Jun 2021 08:24 PM PDT

    Looking for a way to stake my ETH without giving it to an exchange

    Posted: 06 Jun 2021 10:51 AM PDT

    As far as I'm aware, one can stake with say Kraken for example without 32 ETH but I am wondering if there is a community of people that round their funds together like a pool and stake privately instead of going the centralized way. I don't have 32 ETH but I still wish to stake.

    submitted by /u/saskatchewaniankush
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    Biden $6 trillion federal budget, is it time to buy crypto?

    Posted: 06 Jun 2021 02:35 PM PDT

    have a question and am willing to pay 200$ for anyone that can help

    Posted: 06 Jun 2021 03:17 PM PDT

    Have usdT on Coinbase wallet, can't send anywhere, or convert to anything. Gas price is being deducted, amount sent is shown on blockchain, value is still zero. What to do and how? willing to pay 200$ for anyone that can help, details in the comments.

    submitted by /u/GL2-Plant
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    Alibaba, Google Among More Than 300 Companies Seeking Singapore Crypto Licenses

    Posted: 06 Jun 2021 08:52 AM PDT

    EthereumMax

    Posted: 06 Jun 2021 05:54 PM PDT

    Can someone explain me that project ? I saw that project got support from Floyd Mayweather. Does that project have something to do with ethereum, or is it just the name?

    submitted by /u/siid14
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    Current --syncmode 'fast' geth node size?

    Posted: 06 Jun 2021 04:15 PM PDT

    I've done a few searches but can only see data related to the full node size. Does anyone happen to know what a fast sync node size is at the moment using Geth?

    submitted by /u/Hasjack
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    Whats up with gas fees?

    Posted: 06 Jun 2021 04:10 PM PDT

    Hi all, I've only been involved with crypto since March and know most of you have probably seen gas fees this low before. But I sure haven't! Anyone have any ideas what's causing gas fees to be so low? Looks like network capacity is still pegged right around 100% according to etherscan

    submitted by /u/Justin534
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    Can someone please comment on this article!? "Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH and XRP may decline 50%"

    Posted: 06 Jun 2021 07:48 PM PDT

    Ethereum Price Prediction: ETH consolidation projects 40% gains // Is this guy pulling things out of his ass or what?

    Posted: 06 Jun 2021 07:47 PM PDT

    Think twice before getting a y.at address, you can do the same with eth.

    Posted: 06 Jun 2021 09:43 AM PDT

    Would shorter block times reduce MEV?

    Posted: 06 Jun 2021 03:29 PM PDT

    Assumption: blocks are twice as frequent and have half the blockspace each (so blockspace per time remains constant)

    Does this reduce MEV per time? (say 2 quicker & smaller vs 1 regular block)

    The thought I had:

    As a simplification let's assume there are n transactions in a small & quick block and the miner can decide their order (this absolutely simplifies how the mempool and MEV works, maybe this is a critical flaw in my thought?). There are n! possible permutations for how transactions can be ordered combinatorically. In two of the small & quick blocks, miners hence have 2(n!) of options. The regular block holds 2n transactions which allow (2n)! permutations.

    As 2(n!) < (2n)!, n>1, the optionality is superadditive, ie bigger, when combining the two smaller & quicker blocks. If MEV is a function of optionality, the smaller blocks would reduce MEV per time.

    Any ideas/existing material on this?

    submitted by /u/Bush_did_HRC_on_911
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