Ethereum Megathread: "24 reasons Ethereum is extremely undervalued..."

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• Megathread: "24 reasons Ethereum is extremely undervalued..."
• It’s official. EIP1559 goes live August 4, 2021 (11-17 UTC). Double & triple checked. Press announcement will be on blog.ethereum.org - Thank you for all of your hard work! The community appreciates everything Ether developers do. This is why I love this project! Next stop, The Merge! ��
• Ethereium is the most mentioned crypto on Reddit today | Crypto Sentiment on Reddit – 7th July 2021
• ETH: The World's Most Capital Efficient Asset | David Hoffman from Bankless
• In just one month, the amount of GPU power coming into the Ethereum network has decreased by 19%.
• U.S. Congressman Buys Into DOGE, Ethereum, And Cardano
• Finally, It’s official! “The scarcity engine” AKA “The Triple Halvening” or the London upgrade will be added to Ether’s main net on august 4th. Real ETH will be set ablaze within a month’s time ��
• Prysmatic Labs June Ethereum Development Update
• Israel’s new president will receive an NFT of the presidential oath
• Goldman Sachs Report: Ethereum Has the Potential To Surpass Bitcoin As A Store Of Value
• 5 Known Benefits of EIP-1559 on Ethereum - Crypto DeFinance
• Internationally renowned Sotheby's to auction 101-Carat Diamond in Bitcoin and Ethereum
• Brave Crypto Swap now live on Brave’s Eth walllet
• No more delays. Eip1559 is being added within a month. The Scarcity Engine (EIP1559) goes live August 4th. The combination of EIP1559 & The Merge (PoS) will create a triple halving. Here’s Discord and Twitter confirmation. Friday it’ll be “official”. No objections. Reposting 2 clarify.
• The Beacon Book is live! Read the perspectives from 46 eth2 researchers and implementers
• MEV Explained - Hey guys, I just made a video explaining MEV. LMK your input, I'd love some constructive criticism on my videos to make the future ones better :)
• Beth liquidity pool worth it?
• Looking for wallet feedback (and giving away free AirPods)!
• Difficulty bomb explained by James Hancock
• Serious question: Could Ethereum tackle this??? ------ > Pentagon Reboots $10B JEDI Cloud Contract, To Seek Proposals For Joint Warfighter Cloud Capability Contract: CNBC
• Entire wallet stolen - but not sure how?
• Ethereum Update to Reduce ETH Supply Likely Coming in August
• Block 12965000 has been proposed for London Fork
• Chainlink on Craft.co
• Fundamentals Do Matter - The Daily Gwei #285

Megathread: "24 reasons Ethereum is extremely undervalued..." Posted: 07 Jul 2021 05:05 AM PDT Ok, I saw this amazing thread on Twitter about why ETH is undervalued. I'll copy-paste the text here, but it's better to read it with all the images and quote, either directly on Twitter (https://twitter.com/CroissantEth/status/1412574228973563909), on the unrolled version (https://threadreaderapp.com/thread/1412574228973563909.html). But here you go, enjoy: 24 reasons $ETH is extremely undervalued... A thread by 🥐 1. Smart Contracts A smart contract automatically executes code once specific terms are met It is the first form of programmable money to exist, & users can rely on it to create decentralized money legos free of censorship Lend, borrow, swap, & do much more with them! ​ https://preview.redd.it/k16lym746s971.png?width=1076&format=png&auto=webp&s=c639f0febf2c8d7ef1cfcd94efb3ed89ab9957e4 2. Stablecoins $ETH is home to many stablecoins which have grown tremendous use cases: $USDT: $62B $USDC: $25B $DAI: $5B $TUSD: $1.5B They are very popular for use in DeFi, & VISA will soon accept tx settlement in $USDC $USDC has grown from a $4B mcap, to $25B this year ​ https://preview.redd.it/gb5pkd066s971.png?width=1108&format=png&auto=webp&s=b5ee9eb01f57dc23fbffdb879c519e8fd1e33a88 3. DeFi DeFi has exploded because of its attractive yield, flexibility, & its non-custodial nature With DeFi, we can become our own banks by cutting out the middleman involved It is restructuring the industry of finance as we know it today, and it's not stopping ​ https://preview.redd.it/ighqlox66s971.png?width=1199&format=png&auto=webp&s=c17bbdf7ff9d50b4ded2109ec81a73945c7b2128 4. dApps A total of 94 out of the top 100 crypto projects are built on $ETH, with more than: -3,000 dApps-200K ERC20s These protocols often have many further use cases involving $ETH, creating the fundamentals for the Web 3.0 economy & they are decentralized & open to anyone https://preview.redd.it/fjzgw3h86s971.png?width=1199&format=png&auto=webp&s=200917cdb083d87f0c730d8447fc01d28df86910 5. Developers One thing that has shocked many is the attention $ETH has gotten from devs It is sucking in the worlds talent at a pace we can't begin to comprehend Since Q3 2019, $ETH has gained more than 300 developers every month, growing at a pace faster than even $BTC ​ https://preview.redd.it/6qg2ebga6s971.png?width=1200&format=png&auto=webp&s=ac4ef6e9ad543390eb78eeb8042ca0d93d7e92b5 6. Insurance Off-chain oracles & ETH offer an elegant solution to the trillion dollar insurance industry Smart contracts can automate claims, offering farmers coverage across the world This process is fair & efficient, as many don't even have the option to get insurance today ​ https://preview.redd.it/cmv3srgb6s971.png?width=1200&format=png&auto=webp&s=1e5b51a96e33ab05e90344c282df9c9cf2638acd 7. Interoperability This is one of the subjects I feel many people underestimate the implications of $ETH will unlock potentially hundreds of billions in liquidity from POS blockchains through interchain accounts & interoperable liquid staking derivatives 8. NFTs NFTs on $ETH have picked up a lot of steam, attracting attention from both GameStop & Twitter They are unique tokens which can be used by creators to tokenize a wide range of content (not just art) If one thing is for sure, it's the fact that NFTs are here to stay ​ https://preview.redd.it/rif6u91e6s971.png?width=481&format=png&auto=webp&s=d181807e194b8e2bde94caef7f4f934fd70aff3d 9. Metaverse NFTs on $ETH will power a universe beyond our own This will be propelled by virtual reality technology pioneered by the largest companies in the world We're talking about matters of augmented reality, virtual ad space, tokenized in-app purchases, & much more... 10. Digital Land Digital land, unlimited by physical space like land today, can be tokenized and used to build entire economies that are owned by the players If virtual reality becomes more commonplace, virtual land could eventually evolve to a trillion dollar marketplace 11. DAOs DAOs are entities made up of any number of individuals who maintain the group's decisions in a distributed manner Individuals can use tokens to vote and propose ideas they want for the protocol These have come to be some of the largest bootstrapped communities we know ​ https://preview.redd.it/9mxu76rf6s971.png?width=1023&format=png&auto=webp&s=9cbec6bdf016cd134cd1801fe2ef988bb28dfb0e 12. Synthetics Synthetic tokens offer a wide range of pretty much any stream of value you can think of. Blockchain oracles relay price feeds to synthetic token protocols. This allows for people to trade stocks on the stock market, data feeds, precious metals, and much more! https://preview.redd.it/edrv9lng6s971.png?width=971&format=png&auto=webp&s=50ee55418bd0346ada8cf64461770458f7c815ea 13. Lending & Borrowing On $ETH, lending protocols are quite literally already putting up some significant numbers against banks There are hundreds of thousands of borrowers who have utilized these systems to get a loan without any need for a bank, often even at a better deal ​ https://preview.redd.it/covu7yvh6s971.png?width=1023&format=png&auto=webp&s=0711836d8304055739a6e278e198c835e8af75a2 14. Triple Halving This concept describes how $ETH will undergo a supply shock equivalent to 3 #Bitcoin halving events in the next 12 months alone with the transition to POS EIP-1559 will also play a large role in the net future decrease of $ETH sell pressure 15. EIP-1559 This UX upgrade (expected soon), could actually prove $ETH to be a deflationary asset 🔥 Furthermore, it will make gas fees much more predictable Had it already been live, more than 2.94M $ETH would have been burnt from the supply this year alone h/t @finematics ​ https://preview.redd.it/ev7ddb4k6s971.png?width=1200&format=png&auto=webp&s=a63fad183a84722627cf503f68f4885d226bbd88 16. Proof of Stake $ETH will transition from the proof of work consensus model to proof of stake Users can then earn interest on their $ETH by staking it, becoming a node in the network This is the fastest growing protocol about to offer a significant dividend to investors...📷📷 17. Layer Two There are a lot of projects working on layer two scaling solutions at an effort to bring $ETH to the next level of scaling They focus on highly complex topics such as optimism rollups & zkproofs Layer two solutions may have the ability to bring $ETH to 2,000 TPS ​ https://preview.redd.it/71bz27ol6s971.png?width=1123&format=png&auto=webp&s=8b69987a17a893b8e6658a8484ab299be783eafe 18. Platform Agnostic One of the unique features of NFTs & more on $ETH is that they work in a platform agnostic manner Tools can be easily integrated across a wide range of applications with easy sign in options This will be the foundation for the transition to Web 3.0 ​ https://preview.redd.it/2kn384mo6s971.png?width=956&format=png&auto=webp&s=954af75ac19cea7a3479e4fb8bc59cdfefe15095 19. Creator Economy Tokenizing intellectual property and content, especially in the open source world, can be a way to monetize and show support for various people It gives a new level of power to creators, and may push the open source industry to an entire creator economy. ​ https://preview.redd.it/5erfhjip6s971.png?width=1200&format=png&auto=webp&s=bac218db3d9495876eb455eec7a075912e16866c 20. Universal Market Access Having universal access to any market is a concept not many seem to believe is possible today It opens up a world for individuals across the globe who can no longer be censored or are unable to get financial services today, on the $ETH blockchain ​ https://preview.redd.it/o2q3eklq6s971.png?width=993&format=png&auto=webp&s=cdb7664049c192de7adc53c8015dc899e3c3f906 21. Adoption Contrary to the last run of crypto in 2017, we didn't have the real world use that blockchain is now seeing today. IOT, DID, and DLT's will be massive. VISA, PayPal, & Amazon are just a few high value examples of some top companies taking an interest in $ETH tech ​ https://preview.redd.it/uv9c6lrr6s971.png?width=976&format=png&auto=webp&s=12ea5a599fbefb7f742f7604c008f282a569407b 22. Gaming Whether it be currency or collectibles, $ETH & gaming go hand in hand $GME is integrating NFTs on a massive scale & diving into esports as well Can you imagine connecting to your favorite game with your wallet & automatically having items you've purchased via NFTs? 23. ETH 2.0 This upgrade introduces sharding, proof of stake, & other enhancements to the security of the network If successful, it will add a new level of sustainability and scalability for $ETH Furthermore, security of the network will be significantly greater for wider use 24. Supercomputer $ETH is the world supercomputer. Vitalik took ideas from $BTC and added a programmable base layer for devs to build on top of This continues to add a whole new level of functionality to blockchain as we know it today... We haven't even scratched the surface. submitted by /u/frank__costello [link] [comments]

It’s official. EIP1559 goes live August 4, 2021 (11-17 UTC). Double & triple checked. Press announcement will be on blog.ethereum.org - Thank you for all of your hard work! The community appreciates everything Ether developers do. This is why I love this project! Next stop, The Merge! �� Posted: 07 Jul 2021 05:43 PM PDT submitted by /u/PeacockMamba [link] [comments]

Ethereium is the most mentioned crypto on Reddit today | Crypto Sentiment on Reddit – 7th July 2021 Posted: 07 Jul 2021 05:19 PM PDT submitted by /u/lazywizard99 [link] [comments]

ETH: The World's Most Capital Efficient Asset | David Hoffman from Bankless Posted: 07 Jul 2021 06:07 PM PDT submitted by /u/davidahoffman [link] [comments]

In just one month, the amount of GPU power coming into the Ethereum network has decreased by 19%. Posted: 07 Jul 2021 03:55 PM PDT submitted by /u/BoyYeetzWorld [link] [comments]

U.S. Congressman Buys Into DOGE, Ethereum, And Cardano Posted: 07 Jul 2021 05:40 PM PDT submitted by /u/TradingAllIn [link] [comments]

Finally, It’s official! “The scarcity engine” AKA “The Triple Halvening” or the London upgrade will be added to Ether’s main net on august 4th. Real ETH will be set ablaze within a month’s time �� Posted: 06 Jul 2021 02:47 PM PDT submitted by /u/PeacockMamba [link] [comments]

Prysmatic Labs June Ethereum Development Update Posted: 07 Jul 2021 04:54 PM PDT submitted by /u/0xterence [link] [comments]

Israel’s new president will receive an NFT of the presidential oath Posted: 07 Jul 2021 06:50 AM PDT submitted by /u/twigwam [link] [comments]

Goldman Sachs Report: Ethereum Has the Potential To Surpass Bitcoin As A Store Of Value Posted: 06 Jul 2021 10:58 PM PDT submitted by /u/jakkkmotivator [link] [comments]

5 Known Benefits of EIP-1559 on Ethereum - Crypto DeFinance Posted: 07 Jul 2021 03:45 PM PDT submitted by /u/CryptoDeFinance [link] [comments]

Internationally renowned Sotheby's to auction 101-Carat Diamond in Bitcoin and Ethereum Posted: 07 Jul 2021 02:54 AM PDT submitted by /u/rollingincrypto [link] [comments]

Brave Crypto Swap now live on Brave’s Eth walllet Posted: 07 Jul 2021 04:01 PM PDT submitted by /u/IconicPenguins [link] [comments]

No more delays. Eip1559 is being added within a month. The Scarcity Engine (EIP1559) goes live August 4th. The combination of EIP1559 & The Merge (PoS) will create a triple halving. Here’s Discord and Twitter confirmation. Friday it’ll be “official”. No objections. Reposting 2 clarify. Posted: 06 Jul 2021 05:57 PM PDT submitted by /u/PeacockMamba [link] [comments]

The Beacon Book is live! Read the perspectives from 46 eth2 researchers and implementers Posted: 07 Jul 2021 07:53 AM PDT Hey Ethereans 👋 The Beacon Book text is live! We've been working with 46 eth2 researchers and implementers over the past 9 months to create this multimedia project. I'd be honored if you read their perspectives. >> Read the full book here << "A crypto-native artifact that captures the humanity of the people building the future of Ethereum" We appreciate you checking this out! submitted by /u/trent_vanepps [link] [comments]

MEV Explained - Hey guys, I just made a video explaining MEV. LMK your input, I'd love some constructive criticism on my videos to make the future ones better :) Posted: 07 Jul 2021 03:39 PM PDT submitted by /u/theskunkmaster [link] [comments]

Beth liquidity pool worth it? Posted: 07 Jul 2021 08:21 PM PDT submitted by /u/Ary_1658 [link] [comments]

Looking for wallet feedback (and giving away free AirPods)! Posted: 07 Jul 2021 11:18 AM PDT Hi there, I'm currently doing research on cryptocurrency wallets and would love to get some feedback from this community! I'm most curious to learn about people's experiences with DeFi wallets (i.e. MetaMask & others). What they like / dislike and opportunities to improve. Helping run a survey where we're giving away an AirPods Pro: https://forms.gle/CtCm9mLugJkPE1HbA Comments are also welcome! submitted by /u/allforvali [link] [comments]

Difficulty bomb explained by James Hancock Posted: 07 Jul 2021 07:23 AM PDT 💣 Difficulty Bomb 💣 Overview of EIP-3554, a proposal to push Ethereum ice age till Dec 2021, block time mechanism, calculating & working of difficulty bomb explained with an analogy by James Hancock on #PEEPanEIP. Full recording available here. ​ Resources: EIP - https://eips.ethereum.org/EIPS/eip-3554 Discussion - https://ethereum-magicians.org/t/eip-... Slides - https://docs.google.com/presentation/... Ethereum Muir Glacier Upgrade (EIP 2384: Muir Glacier Difficulty Bomb Delay) - https://medium.com/ethereum-cat-herde... London upgrade proposals - https://www.youtube.com/playlist?list... PEEPanEIP playlist - https://www.youtube.com/playlist?list... submitted by /u/poojaranjan19 [link] [comments]

Serious question: Could Ethereum tackle this??? ------ > Pentagon Reboots $10B JEDI Cloud Contract, To Seek Proposals For Joint Warfighter Cloud Capability Contract: CNBC Posted: 07 Jul 2021 07:33 PM PDT submitted by /u/daddymatty09 [link] [comments]

Entire wallet stolen - but not sure how? Posted: 06 Jul 2021 08:54 PM PDT submitted by /u/Ultimecia2 [link] [comments]

Ethereum Update to Reduce ETH Supply Likely Coming in August Posted: 06 Jul 2021 04:36 PM PDT submitted by /u/TobiHovey [link] [comments]

Block 12965000 has been proposed for London Fork Posted: 06 Jul 2021 12:11 PM PDT submitted by /u/ElBuenMayini [link] [comments]

Chainlink on Craft.co Posted: 07 Jul 2021 02:23 PM PDT submitted by /u/WallStreetDoesntBet [link] [comments]

Fundamentals Do Matter - The Daily Gwei #285 Posted: 07 Jul 2021 07:12 AM PDT submitted by /u/DailyGweiBot [link] [comments]

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