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    Tuesday, September 7, 2021

    Home Unlabelled Ethereum Panama has introduced a bill to recognize Bitcoin and Ethereum as payment methods.

    Ethereum Panama has introduced a bill to recognize Bitcoin and Ethereum as payment methods.

    September 07, 2021

    Ethereum Panama has introduced a bill to recognize Bitcoin and Ethereum as payment methods.

    Panama has introduced a bill to recognize Bitcoin and Ethereum as payment methods.

    Posted: 07 Sep 2021 06:28 AM PDT

    2014 vs 2021

    Posted: 07 Sep 2021 01:34 PM PDT

    $6.6 million worth of ETH burned in the last HOUR, almost 1% of all ETH that has ever been burned!

    Posted: 07 Sep 2021 08:51 AM PDT

    New All-Time Highest Burn and 2nd Deflationary Day

    Posted: 07 Sep 2021 05:22 PM PDT

    $100,000 in ETH is being burned per minute right now

    Posted: 07 Sep 2021 08:46 AM PDT

    -18.7 ETH/min emission

    submitted by /u/in10cityy
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    Vitalik: "We need to move NFTs onto the layer 2 ecosystem to cut fees. However, doing that *right* requires good cross-rollup portability standards, so the ecosystem can avoid getting locked into one particular L2."

    Posted: 07 Sep 2021 08:01 PM PDT

    Protect your ETH and stop SIM SWAPPING. MFA with SMS needs attention.

    Posted: 07 Sep 2021 07:53 PM PDT

    L2 fee is quite high, is ETH practical to use in real life?

    Posted: 07 Sep 2021 06:44 PM PDT

    I see the L2 fee from https://l2fees.info/ and it is not cheap.

    I think to be practical, the fee should be super cheap (< 5 cents).

    Do you guys think that ETH is practical to use in real life?

    submitted by /u/DishEcstatic9710
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    [ethresear.ch] Cross-rollup NFT wrapper and migration ideas

    Posted: 07 Sep 2021 08:14 PM PDT

    Deta Sports accepts Ether! [Sporting goods, outdoor gear, footwear, clothing]

    Posted: 07 Sep 2021 08:03 PM PDT

    What are you doing the most of in crypto right now?

    Posted: 07 Sep 2021 07:47 PM PDT

    This is the third poll i've posted and I think the responses from the first two have been quite interesting! In the last poll, for example, I was quite surprised that the majority of responses (41.9%) were hodling their coins on a centralised exchange.

    For this one, it would be interesting to see what everyone is currently doing the most of in the crypto space? Similar to wallets, it's likely people are doing multiple things equally. In which case pick your most preferred one!

    Reddit polls are only limited to 6 options, so I've likely missed out on a few, feel free to comment if so.

    View Poll

    submitted by /u/stackup_
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    Can someone explain to me why NFT “clones” are selling for so much?

    Posted: 07 Sep 2021 04:28 PM PDT

    Ok so I kinda understand how someone might see the cryptopunks or Ether rocks projects as valuable digital collectibles, but what's going on with the craze over the clone projects? I see so many lazy cryptopunks clone projects (no affiliation to larva labs) with no-name "artists" behind them selling for a lot.. why? Is it just scammers trying to scam each other?

    We're at the point where the successful clone projects are themselves getting cloned.. is it just because rarity? The amount of shits I took this week are rare, does that make it worth 2 eth per turd? Someone please explain.

    submitted by /u/LittleDoofus
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    Ethereum layer-twos reportedly processing more transactions than BTC

    Posted: 07 Sep 2021 05:03 AM PDT

    ENS domain

    Posted: 07 Sep 2021 06:57 PM PDT

    Hi Guys,

    I was trying to buy an xxxx.eth domain yesterday. The initial registration price was 100 bucks but after registration, it's asking for $12000.

    Am i missing something?

    submitted by /u/ratherdumbro
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    On-Chain Analytics For Today's Liquidations

    Posted: 07 Sep 2021 06:42 PM PDT

    Bitolex scam

    Posted: 07 Sep 2021 02:32 AM PDT

    So, I want to write this here as a warning for other people. Maybe someone can tell me a better place to put this warning.

    Let me explain the process of how it works

    Discord message

    I receive a discord message from a random user with a bunch of emojis (I removed them to make the txt easier to read)

    Won your discord number. You won ETH

    We are a fast growing cryptocurrency exchange, which recently entered the European market. Our exchanger has been in existence for over 2 years and is known in the expanses of China. To attract new users, we did a free giveaway with 400 prizes worth almost 785 ETH.

    The investor has entered into an agreement with discord to allow the use of discord as a platform for the distribution of P2P code prizes. Everything is official and completely legal. Our company works strictly under the contract in accordance with the law!

    After activating a P2P code, the funds will be credited to your balance.

    :gift: You won 7.1855 ETH (23,311$) :gift:

    How to withdraw your Ethereum? Sign up on the site: https: // bitolex . com/ Section Go to the "Settings" section and activate your code: RANDOM-CODE Click the "Home" tab and withdraw ETH to your ETH wallet.

    P2P code can be used once and for one account Creation of multi-accounts is forbidden, if multi-accounts are detected, all you accounts will be blocked

    Ok, so let's review the checklist:

    • Won a price for which I wasn't participating? Check
    • Shady website with no reviews online or info about it? Check
    • Unnecessarily informs me that this is official and legal? Check

    Instead of disregarding it I decided to check how the system works.

    The website

    Once you enter to their website, it is a low quality dashboard template you can easily find online. It also has all the terms and condition stuff which they probably ripped from some other place.

    I created an account and was surprised that I have to verify my email and I can also activate 2FA.

    Then I added the code and ta-da, now I have 7.1 ethereum.

    And here is the scam, when I tried to extract those ethereum I have the following message:

    You can withdraw your funds only on external address, which is registered and verified with your account. To verify your (external) address with your account, you need to make a deposit from this address. Deposited amount will be added to your current balance amount and will be available for withdrawal at any time immediately.

    Minimal amount of the deposit is 0.015 BTC or 0.2 ETH

    So it's clear that you have to give them money so you can extract your own. And I assume that once you transfer it to them they'll just keep it.

    Of course I didn't transfer to them, but I assume that's how it works.

    So heads up everyone, if it's too good to be true, it probably is.

    submitted by /u/JaviFesser
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    Why is deflating ETH a good idea?

    Posted: 07 Sep 2021 01:04 PM PDT

    Before you tear my head off, I'm simply asking this as a question.

    ETH's primary function is to fuel the Ethereum network by providing an incentive for miners to process transactions.

    If ETH deflates and the price theoretically increases, won't the gas fees technically increase since although they are proportionally unaffected by the deflation, the dollar cost of each ETH would increase.

    submitted by /u/cope_seethe_dilate_
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    For those who staked with Lido, was it worth it?

    Posted: 07 Sep 2021 07:19 PM PDT

    10% fee for only 4.5% APR seems extremely long term...as in decades. Also, it appears it would literally convert my ETH into tokens. Whats your take?

    submitted by /u/cons_NC
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    What happens with ethswarm?

    Posted: 07 Sep 2021 01:53 PM PDT

    This project is never mentioned in ethereum subreddits as if it does not exit. Seems like NFT developers also prefer IPFS for storing data. Why ethswarm is so unpopular among ethereum community? Is there anything wrong with it?

    submitted by /u/yvv1
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    Scaling Ethereum - The Daily Gwei #329

    Posted: 07 Sep 2021 08:11 AM PDT

    Gas syntax

    Posted: 07 Sep 2021 07:43 PM PDT

    Is there a useful purpose for using the term 'Gas' as opposed to saying 'transaction fee', or just 'fee'? If not, what differentiates 'gas' from 'transaction fee'. It seems that in an already confusing and intimidating space, the more 'things' people can recognize as something they are familiar with the better it will be for adoption, though maybe adoption is too near sighted of a goal.

    submitted by /u/otteryou
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    The London upgrade commemorating - NFT Distribution

    Posted: 07 Sep 2021 07:11 AM PDT

    The London upgrade commemorating - NFT Distribution

    The London upgrade commemorating - NFT Distribution

    ​

    https://preview.redd.it/v07wz6sm93m71.jpg?width=607&format=pjpg&auto=webp&s=3d0a33163ff8152a341a68f506b0c40abeda6206

    A few weeks ago, the Ethereum Cat Herders announced the distribution of up to 100 NFTs to EIP authors, EIP editors, clients team, and many others who contributed to bringing the London upgrade. Read report - https://medium.com/ethereum-cat-herders/the-london-upgrade-commemorating-e2b3a5daa8c7

    Follow the Ethereum Cat Herders on Website, GitHub, Twitter, Medium, and YouTube.

    submitted by /u/poojaranjan19
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    What are the downsides to Polygon for NFTs?

    Posted: 07 Sep 2021 10:22 AM PDT

    I have a time sensitive NFT that needs to be minted very soon & I want people to have a chance to buy one without paying like 500% of the cost in gas…

    Is there anything I should know before making the decision to mint on polygon or ETH?

    submitted by /u/NFTForest
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