Ethereum 48 ETH burned for a single block! |
- 48 ETH burned for a single block!
- Arbitrum One has the greatest developer adoption of any smart contract chain after Ethereum
- Microsoft Argus is an Ethereum based fully transparent program, which incentivizes the anonymous reporters of piracy with bounties
- Shark Tank’s host Kevin O’Leary believes Ethereum will become “ultra-sound currency”
- Lessons learned and learned lessons.
- Why has the chain capacity increased by ~9% after London? Three answers...
- Gaming Platforms with NFT support: Enjin (Efinity) vs Flow vs Immutable X
- What's the best way to stake ETH from the US in a way that doesn't lock up my ETH until 2.0 launches?
- People who believe that Eth 2.0 will solve the high fees need to watch this talk by Vitalik Buterin
- Probably still early, but has anything nifty been done with EIP-3198's BASEFEE opcode yet? Or any works in progress?
- Is it possible to run a "partial" archive node that only records historical state for certain specified accounts?
- ETH staking is now available directly from your Ledger hardware wallet!
- Decentraland // Building a Lasting Legacy on Ethereum
- Wouldn’t it make sense to have multiple $90,000 stakes setup as opposed to one, say $1,000,000 stake? Due to having a higher likelihood that multiple stakes will receive more transactions than one stake?
- Asking your opinion: 156 addressed holds 42% of total eth supply. What does it mean in the long run?
- The Holy Grail of Web3 - The OriginTrail Semantic Layer Explained (Built On Eth)
- APAC vs The world
- EVM Debugging multiple dApps in Production, on IPFS
- When I started DeFi on Ethereum I was totally lost. Now started helping beginners through FREE data , research & tools.
- Top 3 Layer 2 scaling solutions for Ethereum: Polygon vs Optimism vs Arbitrum
| 48 ETH burned for a single block! Posted: 15 Aug 2021 12:29 PM PDT FEEL THE BURN! On one hand I should complain that gas prices are high. On the other hand the gas is getting burned. I couldn't imagine having enough eth to justify 1600+gwei on a block. I have to say though that this transaction happened about 15 minutes ago and gas prices seem to be falling quickly. Maybe I have rose tinted glasses or something but it seems that EIP1559 is making these sporadic spikes shorter than they normally would be. Block #13031596 [link] [comments]  | ||
| Arbitrum One has the greatest developer adoption of any smart contract chain after Ethereum Posted: 15 Aug 2021 02:21 AM PDT Currently, the top post in r/ethereum is someone capturing a momentary gas spike caused by an equally momentary spike in demand for the network, and the rest of the comments are most people complaining about it, while others are shilling alternate smart contract platforms. Kudos to those that are educating everyone, though! Incredibly, out of 400 comments, I count only 4 mentioning the actual, imminent solution, that has already seen the greatest developer adoption of any smart contract chain other than Ethereum. This must be one of the greatest cases of information asymmetry I've ever seen. This is Arbitrum One. Over 400 Ethereum projects have already deployed on Arbitrum One, with heavy hitters like Uniswap, Chainlink, Maker, Aave, USDC, Sushi, etc. etc. It also has broad infrastructure support with Etherscan, MetaMask, Infura, Alchemy, Truffle, Coinbase Wallet etc. While some chains like Polygon PoS and Binance Smart Chain have seen some of these projects deployed - nothing even comes close to the developer adoption Arbitrum One has seen, aside from Ethereum itself. Indeed, we even have massive new players like Reddit adopting Arbitrum, potentially onboarding 400 million users - the greatest adoption story by numbers in the blockchain industry bar none. Better news still, Arbitrum One is opening to all users, with all of these dApps deployed within the next couple of weeks! Gas fees will be anywhere between 90% to 99% lower than Ethereum, you'll pay all gas in ETH, and you'll the same wallets you currently use with Ethereum. Crucially, Arbitrum inherits its security, decentralizaiton and network effect characteristics directly from Ethereum. This is the first time in our industry's history that a smart contract chain is scaling without severely compromising on security and decentralization. That said, it's very important to note that Arbitrum One is cutting-edge technology, and it'll take some time to mature. The early release has multiple guardrails in place to ensure safety. Over the coming months, we'll see a vibrant ecosystem of rollups that can do up to 4,500 TPS in aggregate. With the release of data shards, rollups will scale up to 85,000 TPS. From there, scalability will increase as the data sharding network matures and decentralizes, scaling up to potentially 15 million TPS by the end of the decade. While there will certainly be centralized solutions offering high throughput and low fees, make no mistake, rollups + data shards are the only way the blockchain industry can achieve global scale in a highly secure, trustless, credibly neutral, and decentralized manner. So why is no one talking about it? I think it's because Arbitrum and other smart contract rollups do not have a token yet and they have been focused on research and engineering. Unlike most crypto projects where it's all about launching a token first, shilling second, and delivering a product last; Arbitrum has opted to deliver a product first, shill second, and then, maybe if required, launch a token last. This puts it at a hefty disadvantage against other smart contract projects which have tokens and thus incentivize the deployment of motivated shill armies. I'll see you on Arbitrum One in a couple of weeks' time! [link] [comments]  | ||
| Posted: 15 Aug 2021 03:32 PM PDT
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| Shark Tank’s host Kevin O’Leary believes Ethereum will become “ultra-sound currency” Posted: 15 Aug 2021 02:58 PM PDT
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| Lessons learned and learned lessons. Posted: 15 Aug 2021 02:33 PM PDT
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| Why has the chain capacity increased by ~9% after London? Three answers... Posted: 14 Aug 2021 10:22 PM PDT
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| Gaming Platforms with NFT support: Enjin (Efinity) vs Flow vs Immutable X Posted: 15 Aug 2021 12:52 PM PDT So DeFi exploded, then NFTs exploded, and lots of smart people think the next big thing is gaming NFTs, games here you truly own your assets (inventory, skins, characters...). Reasonable to say Blockchain and Gaming are on a collision course or that is already happening in Play 2 Earn games (Axie Infinity, Cryptoblades...). As someone who wants to make gains, I have been researching the platforms that might enable developers to release games benefiting from NFT capabilities. Dapper Labs, a Canadian company, hit gold with Cryptokitties and the ERC-721 in 2017-2018, that was the first time NFTs went mainstream in a game like environment, but it was soon discovered is Ethereum is not fit for these kind of high number, fast, and cheap fee transactions. After some research, they came up with their own blockchain called FLOW, which they believe will be the premiere NFT and gaming platform. They have crazy VC backing, amazing partnerships (NBA, Ubisoft, UFC, Dr.Seuss...) and their NBA topshot has been very successful, they're looking for the next killer app. Next we have Enjin, I was very bullish on these guys three years ago because it seemed they had the right vision and road map to take over the blockchain gaming world. So they built on top of Ethereum, released their on wallet, a new NFT protocol ERC-1155 that is more fit for gaming items and inventories, and few SDKs for gaming development engines (notably Unity and Godot). They attracted a bunch of indie developers who started infusing their in game items with Enjin token, but no game releases were made because of high Ethereum gas fees. in the last NFT boom few months ago hen it became clear that ETH 2.0 is still faraway, they released to pieces of information: They created JumpNet, a proof of authority (read centralized) Ethereum side chain to have fast, cheap transactions, and they announced that they will be building Efinity, a brand new NFT focused blockchain on Polkadot. They made it sound as if it was all planned and that all these chains (Enjin, JumpNet, and Efinity) will work in synergy. What I read between the lines is that they gave up on Ethereum and are starting from Scratch on Polkadot, and are betting Polkadot will be the next Ethereum. Last one is Immutable X, which I know the least about. Their bet is that most traffic for NFTs , gaming, andDeFi will stay on Ethereum, and are building a layer 2 platform focused on NFTs, they have their own game, Gods Unchained, a digital collectible card game, which is a smart move that will enable them to test their own tools, and I know that Illuvium, what looks like very visually appealing Pokemon like game, are developing on Immutable X as well. I believe these are the main contenders for "ready to develop on" platforms for the next wave of blockchain games, which I believe will be more in the vein of AAA games with actual fun game play but with blockchain elements for item ownership and transfers. Not the grind to earn model we have now. I'm aware there other contenders (Ultra, Seascape....) but it looks they're in very early stages. Any input on which platform is most positioned to catch this market segment will be highly appreciated. [link] [comments]  | ||
| Posted: 15 Aug 2021 08:47 PM PDT | ||
| People who believe that Eth 2.0 will solve the high fees need to watch this talk by Vitalik Buterin Posted: 15 Aug 2021 01:20 AM PDT Some people thought EIP-1559 would lower the fees. Some people think the merge to proof of stake will lower the fees. Many people in this sub think that sharding will lower the fees on layer 1. The truth is that Ethereum's scalability solution is rollups and sharding will only provide more data for rollups so it will make rollups faster but not layer 1 Ethereum. Vitalik Buterin talked about this last year. He explained the scalability roadmap in detail and as far as I know this plan hasn't really changed since then (please correct me if I'm wrong). Here's the link to Vitalik's talk: https://www.youtube.com/watch?v=r0jtV9mxdI0 [link] [comments]  | ||
| Posted: 15 Aug 2021 10:29 AM PDT | ||
| Posted: 15 Aug 2021 03:12 PM PDT Hi guys, I've been looking at setting up an ethereum archive node to explore historical states of certain smart contract accounts, but the required amount of SSDs is quite large and growing rapidly. However, given that I'm only interested in a few accounts, it seems like a lot of the work that goes into syncing an archive node (i.e. the work going into verifying transactions and constructing account balances for every random address) would be a waste for my use case. That got me wondering whether there is a way to setup what would essentially be a full node but with archive information about specific accounts. Has anyone tried/done this? Is it possible? I'd greatly appreciate any pointers! Thanks! :) [link] [comments]  | ||
| ETH staking is now available directly from your Ledger hardware wallet! Posted: 15 Aug 2021 04:57 PM PDT
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| Decentraland // Building a Lasting Legacy on Ethereum Posted: 15 Aug 2021 07:44 AM PDT
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| Posted: 15 Aug 2021 10:32 AM PDT | ||
| Asking your opinion: 156 addressed holds 42% of total eth supply. What does it mean in the long run? Posted: 14 Aug 2021 10:32 PM PDT This is a common argument bitcoin maxis have always held against us etherians. TBH there is truth to this blame as the title suggests. 42% of btc is held in 2k+ addresses as opposed to 156 in eth. I believe this is largely due to the presale eth had in 2015. How bad this is and what can I reply back to such arguments? [link] [comments]  | ||
| The Holy Grail of Web3 - The OriginTrail Semantic Layer Explained (Built On Eth) Posted: 15 Aug 2021 06:06 PM PDT
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| Posted: 15 Aug 2021 05:52 PM PDT Does APAC have an overall bigger stake in Crypto? Or are they more aggressive? I feel like when the APAC region wakes up and gets going coins pump or dump (lately pump) more so than when the Western world hits their business hours. Someone hit me with facts, I'm speaking from feelings, but also watching a bit the last few months. [link] [comments]  | ||
| EVM Debugging multiple dApps in Production, on IPFS Posted: 15 Aug 2021 08:51 AM PDT
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| Posted: 15 Aug 2021 04:17 PM PDT
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| Top 3 Layer 2 scaling solutions for Ethereum: Polygon vs Optimism vs Arbitrum Posted: 15 Aug 2021 12:10 PM PDT
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