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    Ethereum Daily Discussion Thread

    June 07, 2021

    Ethereum Daily Discussion Thread

    Daily Discussion Thread

    Posted: 06 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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    Reminder

    /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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    There is now ~$14billion (~5mil ETH) of value committed to the security of Ethereum through staking

    Posted: 07 Jun 2021 07:35 AM PDT

    One of the co-founders of Ethereum got back to me about meeting with him... I'm truly speechless.

    Posted: 07 Jun 2021 03:23 PM PDT

    Scam token on uniswap that let's you buy tokens but not let you sell. (Increasing the value of token) ! newun is the contract owner.

    Posted: 07 Jun 2021 11:44 AM PDT

    SpaceX Dragon CRS-22 Mission Delivered The First Ethereum Crypto Node To The Space Station For SpaceChain

    Posted: 07 Jun 2021 12:32 AM PDT

    There’s a New Vision for Crypto, and It’s Wildly Different From Bitcoin

    Posted: 07 Jun 2021 07:18 AM PDT

    Gaming retailer GameStop is building an NFT platform on Ethereum

    Posted: 07 Jun 2021 02:15 PM PDT

    On Ethereum and Flippenings

    Posted: 07 Jun 2021 12:22 PM PDT

    Integrate IPFS with Ethereum

    Posted: 07 Jun 2021 08:10 PM PDT

    Famous NHL Team To Start Accepting Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE) – AronBoss

    Posted: 07 Jun 2021 11:58 AM PDT

    The Limits to Blockchain Scalability on vitalik.ca

    Posted: 07 Jun 2021 02:20 PM PDT

    At the end of the article Vitalik writes this:

    Quantifying this risk is easy. Take the blockchain's data capacity in MB/sec, and multiply by ~30 to get the amount of data stored in terabytes per year. The current sharding plan has a data capacity of ~1.3 MB/sec, so about 40 TB/year. If that is increased by 10x, this becomes 400 TB/year. If we want the data to be not just accessible, but accessible conveniently, we would also need metadata (eg. decompressing rollup transactions), so make that 4 petabytes per year, or 40 petabytes after a decade. The Internet Archive uses 50 petabytes. So that's a reasonable upper bound for how large a sharded blockchain can safely get.

    Hence, it looks like on both of these dimensions, the Ethereum sharding design is actually already roughly targeted fairly close to reasonable maximum safe values. The constants can be increased a little bit, but not too much.

    I don't really understand how this is going to work. If the blockchain gets this big then only archive.org or other providers will be able to run full nodes. I'm sure there's something I'm missing but I'm not sure what it is. Is it actually planned that in the future of Ethereum you'll need petabyte storage to run a full node?

    submitted by /u/aemmeroli
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    Ethereum Gas Fees

    Posted: 07 Jun 2021 07:18 PM PDT

    Ethereum Gas Fees

    "EtH WiLl NeVeR SoLvE GaS fEeS."

    "EtH iS uSeLeSs BeCaUsE gAs FeEs"

    "ScAlInG sOlUtIoNs WiLl NeVeR wOrK"

    "EtH iS oNlY fOr ThE rIcH"

    ​

    For those of you that don't speak sarcasm Ethereum gas fees are as low as they've been in over a year. On a network that does more volume per day than any other main net you can send an unlimited amount of money across the world for $0.55 USD in less than 2 minutes.

    https://preview.redd.it/us16qnd9by371.png?width=1440&format=png&auto=webp&s=235a024cde5bfa5ccb260744990d54707e896cea

    submitted by /u/Clownier
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    Justin Bram Reviews the Lattice1: "GridPlus Lattice1: The most secure hardware wallet?"

    Posted: 07 Jun 2021 07:03 AM PDT

    Altair: Beacon chain upgrade with Danny R. & Vitalik B.

    Posted: 07 Jun 2021 06:54 AM PDT

    Altair: Beacon chain upgrade

    Danny Ryan and Vitalik Buterin shared the details of penalty parameter, inactivity score, sync committee, Lightclient sync protocol and more on PEEPanEIP. Follow the recording for an in-depth explanation of features in #Altair.

    Also, watch Accounting reform with Alex Stokes.

    Resources:

    submitted by /u/poojaranjan19
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    Polygon, now a popular goto layer 2 solution for the Ethereum Blockchain

    Posted: 07 Jun 2021 08:57 AM PDT

    Decentralised voting apps?

    Posted: 07 Jun 2021 06:29 PM PDT

    Hi guys, I have just been reading about a recent election result for the AfD in Germany. They had an unexpected result and now are claiming voter fraud, similar to Trump supporters in the US. From my perspective it is becoming common for political parties (across the spectrum) to claim voter fraud in some way. In my opinion this is a dangerous practice, and can easily precipitate civil unrest.

    I think an exciting application of blockchain is in decentralised voting. By this method voter fraud would become basically impossible? Every citizen would be provided with a unique voter account upon reaching legal voting age and then could submit their vote incentivised by some sort of token?

    Has anyone heard of anything like this being done on the ethereum blockchain?

    submitted by /u/TheOneTheyCallJim
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    [AMA] C4 Certified Ethereum Professional (CEP) - Committee Members - Live on Wednesday June 9th, 11am CDT

    Posted: 07 Jun 2021 02:28 PM PDT

    [AMA] C4 Certified Ethereum Professional (CEP) - Committee Members - Live on Wednesday June 9th, 11am CDT

    Are you wondering what the Certified Ethereum Professional (CEP) exam is all about?

    Join C4's CEP committee members for an AMA about the exam and study materials on Wednesday, June 9th at 11:00 am CDT.

    Ask questions here or on Slido.com using code #AskAnythingCEP. Questions will be answered live during the event!

    https://preview.redd.it/9a6pdfulvw371.jpg?width=1280&format=pjpg&auto=webp&s=86f419176e483930342756b5b950a97c4f3e5532

    Video link to join will be made available the day of event.

    submitted by /u/shayanbahal
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    Peep-an-EIP with Pooja Ranjan on new beacon chain features in Altair (including light client sync committees)

    Posted: 07 Jun 2021 06:57 AM PDT

    ETH - bETH doubt

    Posted: 07 Jun 2021 09:42 AM PDT

    Wallet Suggestions

    Posted: 07 Jun 2021 02:14 AM PDT

    I've been holding my ETH on Binance now for a couple of weeks but i'm looking to move it into a secure wallet. Could you guys suggest to me the most reputable apps to store my coins in? I read through the forum and someone suggested Argent.

    Also could anyone explain or link me to what staking is?

    Thanks!

    submitted by /u/JDOffline
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    Popular Phillips Auction House Accepts Crypto for Banksy’s Artwork

    Posted: 07 Jun 2021 01:20 PM PDT

    Pong, not Programs - Josh Stark

    Posted: 07 Jun 2021 11:45 AM PDT

    Do I have to pay taxes and when

    Posted: 07 Jun 2021 02:24 PM PDT

    I mine as a hobby, and I've made about 12$ so far. I'm in the US by the way. I'm talking like do I really really have to? What happens if I don't? Will I get arrested? When do I have to pay? When I'm selling, when I'm just holding, you know? Thanks

    submitted by /u/Alt0308
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