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    Ethereum Eth 2.0 and "what will happen to your ETH"

    August 09, 2021

    Ethereum Eth 2.0 and "what will happen to your ETH"

    Eth 2.0 and "what will happen to your ETH"

    Posted: 07 May 2021 08:34 AM PDT

    Can we get a sticky regarding this topic? It'd clear up the daily convo on this sub a great deal.

    What is ETH 2.0?:

    A series of upgrades to the Ethereum network explained here.

    Do I have to do anything?:

    No. This is an update to the network itself, Ether held in your wallet or on an exchange or anywhere else is still the same after the merge.

    What will happen to the price?:

    Who knows.

    When will it be released?:

    At some point in the future. ETH2 is series of features/fixes with separate development work and release dates. PoS itself might see an accelerated release this year but there are no guarantees. You can follow the Ethereum dev teams work if you wish to keep closer tabs.

    Answers to all of these questions can be found on the ethereum.org site.

    u/Tyra3l provided a link to https://ethmerge.com/, which does a great job of summing things up.

    submitted by /u/manateemilitia
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    Weekly Discussion Thread

    Posted: 08 Aug 2021 11:00 PM PDT

    Welcome to the Weekly 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.

    Useful Links:

    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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    Anyone interested in setting up a protest in NYC TONIGHT, to protest the crypto provision in the infrastructure bill? We need boots on the ground!

    Posted: 09 Aug 2021 08:05 AM PDT

    Alabama Senator Richard Shelby, whose biggest donors are big banks and traditional finance, torpedoed crypto saving amendment in infrastructure bill. In doing so, he reveals preference for Chinese financial dominance over U.S. in years to come.

    Posted: 09 Aug 2021 06:11 PM PDT

    Ethereum’s layer 2 ecosystem is going parabolic! 162 projects are now shaping the future of scaling, NFTs, gaming, privacy, lending, derivatives, exchange, bridges and dozens of other use cases All secured by Ethereum ����

    Posted: 09 Aug 2021 12:04 PM PDT

    Respect

    Posted: 09 Aug 2021 09:07 AM PDT

    Centrifuge, MakerDAO Reshape DeFi Lending with Real-World Assets: Here's How

    Posted: 09 Aug 2021 05:58 PM PDT

    Teller awards $50K to whitehat hacker for disclosing critical vulnerability

    Posted: 09 Aug 2021 08:15 AM PDT

    Whitehat Bugdefeat disclosed a critical vulnerability in Teller to Immunefi on July 30. That vulnerability, which consisted of an uninitialized proxy, could have led to a loss of more than 1 million DAI if exploited. No user funds were lost, and the vulnerability has been patched. Although Teller didn't have a bug bounty program at the time of the report, they are awarding the whitehat with a $50,000 bounty. Since more than 1 million in funds were at risk, the whitehat will also receive the Founders Bounty, offered by ArmorFi CTO Robert Forster via Immunefi. The Founders Bounty is a reward of 125,000 ARMOR tokens, vested over 24 months, which is given out to any hacker who finds a vulnerability in any live Ethereum project where more than 1 million in funds is at risk.

    After this stunning success with responsible disclosure, Teller is joining Immunefi with a bug bounty today, featuring a $50,000 award for critical vulnerabilities. You can find more details on Teller's bug bounty page.

    Details on the vulnerability and fix in the link below...

    Teller Bug Fix Postmortem and Bug Bounty Launch

    submitted by /u/smartchris
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    Bad News for POS in USA: Senate Rejects Crypto Compromise in Infrastructure Bill

    Posted: 09 Aug 2021 02:10 PM PDT

    Shark Tank's 'Mr. Wonderful' Shills Ethereum as 'Ultra-Sound Money' After EIP-1559

    Posted: 09 Aug 2021 05:04 PM PDT

    Ethereum Pet Rock NFTs Are Selling for More Than $100,000 - Decrypt

    Posted: 09 Aug 2021 12:53 PM PDT

    Charles Hoskinson: Vitalik Buterin Is Working with a Momentum That Can Make Things Happen

    Posted: 09 Aug 2021 06:11 AM PDT

    DeFi Protocol is held accountable by SEC for the first time in history

    Posted: 09 Aug 2021 03:48 PM PDT

    Ethereum 2.0 Deposit Contract Reaches $20 Billion Worth of ETH

    Posted: 09 Aug 2021 05:41 AM PDT

    Free Course: learn to make a starter Web3 App on Ethereum with Solidity + smart contracts

    Posted: 09 Aug 2021 10:13 AM PDT

    The merge & EIP 3675

    Posted: 09 Aug 2021 12:23 PM PDT

    The merge & EIP 3675

    The merge from Eth1 to Eth2 will come soon, but with such a massive change, there will be many issues that pop up. This EIP covers not only the merge itself, but also changes made to make sure this as smooth as possible.

    What if the PoS chain gets linked onto a minority fork?

    This could happen if the block number was hard coded into the EIP and a malicious miner created a fork by proposing the exact block number on a transaction and it would be a mess.

    ​

    https://preview.redd.it/ni9bcbzludg71.png?width=539&format=png&auto=webp&s=aa205722e0a801d43910dc7108ec73c0d3db1fb4

    ​

    Thankfully, we don't have to worry about this as it's the difficulty that is hard coded into the EIP that determines when the terminal PoW block gets mined and when the first PoS block (the transition block) begins.

    What about existing smart contracts?

    As part of the upgrade, several opcodes will be deprecated, and new ones added in.

    One notable deprecation that will affect quite a few contracts is the difficulty opcode, which will be set to 0.

    Another area of concern is randomness. If your smart contract relied on block hash for pseudo-randomness, it's even more insecure under PoS since block proposers can change the block number.

    We're just as excited as you are about the merge, so follow us for more threads like these. Thanks to u/EthCatHerders and u/mkalinin2 for the info and the image this thread was based on: https://youtu.be/zNIrIninMgg

    Here's another resource: https://eips.ethereum.org/EIPS/eip-3675

    submitted by /u/nethermindeth
    [link] [comments]

    Indian auto rickshaw! Couldn’t be more proud!!

    Posted: 08 Aug 2021 10:47 PM PDT

    I've finally got some ETH, I dont really want it sat on the exchange so where can I stake it and earn rewards?

    Posted: 09 Aug 2021 10:12 AM PDT

    Words of the Ethereum founder Vitalik Buterin

    Posted: 09 Aug 2021 04:54 PM PDT

    I have created a tool to check how many ETH is burned after EIP-1559!

    Posted: 09 Aug 2021 07:53 AM PDT

    Anyone interested in setting up a protest in NYC TONIGHT, to protest the crypto provision in the infrastructure bill? We need boots on the ground!

    Posted: 09 Aug 2021 08:45 AM PDT

    How To Monitor The Amount Of ETH Burned And Track Ethereum EIP 1559 Effects On Regular Basis

    Posted: 09 Aug 2021 05:58 AM PDT

    Ethereum Utility Pushes Eth to the Top of the LIST .. ����

    Posted: 08 Aug 2021 10:23 PM PDT

    Brief Notes on Bootstrapping the Beacon Chain Light Client Ecosystem from Alex Stokes

    Posted: 09 Aug 2021 11:13 AM PDT
    Read more
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