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    Ethereum BitProfile - A permanent Ethereum social network. On-chain profiles with verified NFTs, crypto tips, links, and followers.

    October 07, 2021

    Ethereum BitProfile - A permanent Ethereum social network. On-chain profiles with verified NFTs, crypto tips, links, and followers.

    BitProfile - A permanent Ethereum social network. On-chain profiles with verified NFTs, crypto tips, links, and followers.

    Posted: 07 Oct 2021 02:16 PM PDT

    Another Eth2 Milestone: Oct 5, 2021 -- Epoch 69,420

    Posted: 07 Oct 2021 01:31 PM PDT

    Visa Is Building The First Smart Contract On The Ethereum Testnet.

    Posted: 07 Oct 2021 01:08 PM PDT

    API3 announce Bitcoin Alliance with El Salvador’s State-Owned Bank and 3 other Crypto Startups

    Posted: 07 Oct 2021 02:12 PM PDT

    The second biggest silver producer in the world to sell tokenized silver on blockchain

    Posted: 07 Oct 2021 01:19 AM PDT

    As in the title, Polish mining company KGHM aims to start selling physically backed silver tokens on blockchain (not yet known which one, but I we all can guess). It has to first wait for some legal procedure to finalize on EU level (digital finance package).

    Source (only in Polish):

    https://www.bankier.pl/wiadomosc/GPW-i-KGHM-chca-zaoferowac-tokeny-na-srebro-8200651.html

    submitted by /u/MrVodnik
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    It's a dog-eat-dog world out there

    Posted: 07 Oct 2021 02:16 PM PDT

    Despite their rivalry, StakeWise flagged a critical vulnerability trough Immunefi in Rocket Pool & Lido Ethereum 2.0 staking services as a part of a unified effort to make Ethereum's jump to proof-of-stake a reality.

    Posted: 07 Oct 2021 10:48 AM PDT

    Auto1 FT Becomes First European Company to Use Ethereum Blockchain in Car Financing

    Posted: 07 Oct 2021 08:12 AM PDT

    Whales Suddenly Move Over $2,200,000,000 in Ethereum As Miners Amass the Second-Largest Crypto…

    Posted: 07 Oct 2021 07:04 PM PDT

    Investors Are Bullish About Ethereum, Finds New Crypto Survey

    Posted: 07 Oct 2021 11:57 AM PDT

    Do DeFi applications hold off on automated smart contract execution until gas prices are low?

    Posted: 07 Oct 2021 02:47 PM PDT

    How do these applications change the state of the chain when the costs are so high?

    submitted by /u/JoeCedarFromAlameda
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    How dapps like MyCrypto/Uniswap/Sushi connect to your Ethereum wallet safely without exposing your private keys

    Posted: 07 Oct 2021 12:45 PM PDT

    Why Is Web 3.0 Important?

    Posted: 07 Oct 2021 04:52 PM PDT

    General Conclusion

    In early 2021, we had discussions on the idea of building a decentralised Internet, commonly referred to as Web 3.0.

    • In the United States President Trump has been banned from using Twitter, and Parler, which uses AWS services, has been removed from PlayStore and AppStore.
    • WhatsApp has announced that they will share information with their parent company Facebook
    • Uganda has ordered internet service providers to block all social networking platforms

    These are important and understandable issues and need to be actively discussed.Small businesses and startups rely on Facebook advertising services, Google search suggestions, and Amazon's AWS service to survive. Artists and creators face the risk of having their information deleted from sites like Spotify, Instagram and Tiktok. Although these are not new problems, it is becoming more and more serious. The development of technology monopolies and their scalability to information privacy rights and personal freedoms has spurred the Internet transition from Web 2.0 to Web 3.0.

    What Is Web 3.0?

    Web 3.0 (commonly called Web3) is a reform model aimed at democratising the Internet. Web 3.0 is present in the Crypto Space and other digital fields such as AI, Virtual and Augmented Reality, and more. By applying new technologies, Web 3.0 is changing how we, as a collective, view and value the Internet. Web 3.0 is about creating an Internet that works for everyone, owned by everyone.

    Where Web 3.0 Comes From

    The term was originally coined in 2014 and popularised in 2018 by Ethereum co-founder and Polkadot founder Gavin Wood. The spirit of this term goes back to when Satoshi developed Bitcoin and advocated decentralised DNS called BitDNS.

    "I think it would be possible for BitDNS to be a completely separate network and separate blockchain, yet share CPU power with Bitcoin." - Satoshi (2010)

    DNS has long been controlled by organisations such as Verisign and the Internet Corporation for Assigned Names and Numbers (ICANN) overseen by the US Department of Commerce. This centralised control of DNS has been used to enforce IP rights, prohibit websites from selling copyrighted material, censor free-of-speech sites like WikiLeaks and seize domain names (IP addresses) without proper procedures, etc. Censorship decisions are usually influenced by the top levels of government and the lobbyists of the largest multinational organisations, who may not always be acting in the best interests of the general public.Satoshi and other Bitcoin enthusiasts recognised this. In 2011, a fork of Bitcoin called Namecoin was born to allow censorship-proof domains at .bit domain addresses.Namecoin was ahead of its time. A proxy service or extension (such as MetaMask today) was required to log in at the .bit domain, making it very difficult to use. Plus, most people did not want their own website or personal domain at that time. All of this caused Namecoin to fail because of low demand from its users.Ten years later and now new blockchains and decentralised services may be ready for success. These applications are making the Internet more decentralised with Web 3.0. Another example of such infrastructure is the Handshake network.

    Conclude

    The early internet needed avant-garde programmers and businesses to develop new products to make the Internet useful and to be rewarded for the value they created. No one knows in advance what the consequences of their construction will be.Cryptonetworks, with their open-source protocols and everyone-owned networks, offers the opportunity to restructure the Internet into a system that benefits more people around the world. This is a vision worth striving for.The world evolving today is increasingly controlled by technology, so we must design systems that benefit the collective. The transformation of the Internet, from Web 2.0 to Web 3.0, is diverse and will change the way we interact with the Internet.

    submitted by /u/economicsdesign
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    How to get involved with DAOs?

    Posted: 07 Oct 2021 10:08 AM PDT

    Hey everyone,

    I love the mission and ideology behind DAOs and I'm subscribed to the bankless dao newsletter along with holding some DAI. What are some ways I can get involved with DAOs? I love the mission and would love to contribute/volunteer if I could but I've only been in the space for about a year so I still feel like a novice in many ways.

    Any help/feedback appreciated!

    submitted by /u/Wokeman1
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    Polygon NightFall Webinar With EY - New Scaling Solution in 2-3 Weeks

    Posted: 07 Oct 2021 08:43 AM PDT

    What are the most cutting edge ETH projects in your opinion?

    Posted: 07 Oct 2021 08:22 AM PDT

    Thanks u/culiflor for the tidbit on Egypt and CargoX. Before Q2 2020 you might have gotten the deer in the headlights look from someone as you explain the problem CargoX is solving. Saying "there is a ton of friction in the transfer of data in the global supply chain" didn't hit home until the global supply chain broke down. One of the silver linings of the situation we are in, perhaps.

    Now, what are other use cases/new projects that are tangible enough to explain to the layperson and, in a digestible nugget, give them a clear understanding of how the tech will improve their lives? Any and all input is welcome. My goal with this post is to start a catalogue of these projects so we can create a condensed list for all the newbies. I'm relatively new myself, so this is education for me as well. I figure if I've got this question, others do too.

    Opinions, links, previous posts, or even "google this" suggestions are welcome.

    Thanks in advance for your input!

    submitted by /u/PJTrades69
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    Lido: StakeWise discovered exploit mitigation

    Posted: 07 Oct 2021 09:44 AM PDT

    Gotta love how Youtube is too busy to do anything about the ridiculous amount of scam-bot activity on crypto commenting videos and the like.

    Posted: 07 Oct 2021 03:35 PM PDT

    ... Too busy deleting my personal, unmonetized videos and deleting my channels for 2.5 second music clips I guess...

    submitted by /u/MadMax052
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    When will there be first Layer 2 fiat on ramps especially for Arbitrum and Optimism?

    Posted: 07 Oct 2021 01:19 PM PDT

    Just tried out L2s …

    Posted: 07 Oct 2021 01:40 PM PDT

    I played around a bit with Optimism and Arbitrum and they're freaking awesome. I've been using MATIC/ Fantom for cheaper and faster transactions, but ETH L2s felt so crazy fast and responsive to interact with. Obviously L2s are much more expensive right now than other options, but any idea where fees for things like swaps (now ~$15) may settle? Will we have to wait for sharing for the next step forward in cheaper gas fees on ETH?

    submitted by /u/asking_for__a_friend
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    Soft Collateral - designing credit models for the metaverse

    Posted: 07 Oct 2021 06:01 PM PDT

    Print this beauty

    Posted: 07 Oct 2021 12:38 PM PDT

    What are your favorite DeFi Dapps on Arbitrum?

    Posted: 07 Oct 2021 03:11 PM PDT

    Hello friends,

    Curious what people have been using on Arbitrum. What are your favorite Defi Protocols? I've tried Uniswap and SushiSwap on Arbitrum but there is a bunch of other stuff on there that I'm unfamiliar with. Amy.finance looked like it might be interesting? Just curious to hear opinions of other folks.

    submitted by /u/hamburger_bun
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