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    Ethereum Ethereum rich list

    October 17, 2021

    Ethereum Ethereum rich list

    Ethereum rich list

    Posted: 17 Oct 2021 11:34 AM PDT

    So I have a Glassnode subscription, and I thought I'd share with y'all the stats for Ethereum distribution as of today. These stats consist of the address count for yesterday as well as a percentile breakdown to give you an idea of where you stand in the rich list. Now yes there are things like exchange wallets and users with multiple wallets, but let's ignore that to keep things simple. I'll post an updated version of the rich list at a later point in time (not sure when)

    Addresses with a non-zero balance: 64,403,609 (basically everyone)

    Addresses with balance >= 0.01: 18,081,777 (top 28.08%)

    Addresses with balance >= 0.1: 5,880,961 (top 9.14%)

    Addresses with balance >= 1: 1,340,240 (top 2.08%)

    Addresses with balance >= 10: 279,000 (top 0.43%)

    Addresses with balance >= 32: 109,110 (top 0.17%)

    Addresses with balance >= 100: 42,941 (top 0.07%)

    Addresses with balance >= 1,000: 6,365 (top 0.01%)

    Addresses with balance >= 10,000: 1,193 (top 0.002%)

    submitted by /u/Zeeblackbaron
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    It took time to come but it was worth the wait!!

    Posted: 17 Oct 2021 05:05 PM PDT

    People Do Not Understand The *Point* of Web 3

    Posted: 17 Oct 2021 01:33 PM PDT

    Billionaire Mark Cuban Believes That Ethereum Has The “Most Upside” As An Investment

    Posted: 17 Oct 2021 12:01 PM PDT

    The crypto industry is still waiting for its ‘iPhone moment’

    Posted: 17 Oct 2021 12:37 AM PDT

    Deposit Contract Of ETH 2.0 Now Has Approximately $28 Billion In ETH Staked

    Posted: 17 Oct 2021 12:03 PM PDT

    50% is gam fees. wth, how can I get away with paying $300 for a $600 swap?

    Posted: 17 Oct 2021 06:27 PM PDT

    Would NFTs on L2 cause token duplication since minting can technically occur on either chains?

    Posted: 17 Oct 2021 04:41 PM PDT

    I have recently thought about having NFTs which can be minted along the way. That is, when I produce a new artwork, I mint that artwork with a new ID on my token contract. So all tokens aren't predetermined and are minted along the way.

    I'm deploying my token contract on both Ethereum and Polygon so that I can mint on either one of the network and bridge between the networks too.

    However, something come to my mind when I deploy to Polygon. What happens if I accidentally minted the same token ID on both the networks? Wouldn't this be in issue of duplication? How am I going to know which one is the real one or which one came first?

    Do all NFTs having an L2 sidechain have this problem too since the minting can technically happen on either chains? How is this usually resolved especially for the kind of NFT I'm trying to build?

    submitted by /u/decorumic
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    Staking my Ethereum.. is it worth it?

    Posted: 17 Oct 2021 01:04 PM PDT

    holding 2.6 ETH.. planning to hold long term (just got into investing) would it be worth staking 1.3 or more of my ethereum?

    submitted by /u/Various-Anxiety-9741
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    Question about transaction fees

    Posted: 17 Oct 2021 07:16 PM PDT

    Firstly please let me know if this type of technical question should be posted somewhere else.
    I wanted to know if I did not care about the speed of the transaction but did care that it does eventually go through. Does that mean I can use 1gwei? or will that just end up with a lost transaction?
    And if not then would it no make sense to allow such transactions? meaning miners are already making profit from high transaction fees so they should oblige to ensure all transactions are eventually (within a reasonable period of time) processed? Please let me know if there is documentation or article that already addresses this if it already exists, thanks.

    submitted by /u/Red5point1
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    Crypto Tax

    Posted: 17 Oct 2021 04:56 PM PDT

    Just wondering if anyone would mind sharing how they track what they owe via tax from any gains they have made? Do you work it out yourself? Or do you use a website/app?

    Also is there a date when your annual tax you owe resets?

    Thanks for any help

    submitted by /u/wga12345
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    With DeFi nearing a $200B in TVL, it's vital to know what exactly are Decentralized Exchanges (A.K.A DEXes) and their different types as a good majority of the defi ecosystem is built around them

    Posted: 17 Oct 2021 07:35 AM PDT

    Who do you all follow on Twitter for ethereum news ?

    Posted: 17 Oct 2021 08:20 AM PDT

    What benefits to the customer does a blockchain backend offer over the cloud for a modern company? Aside from ensuring that data is stored/ used in an ethical / legal way?

    Posted: 17 Oct 2021 02:44 PM PDT

    So who’s this Jack Mallers dude and why does he hate Ethereum and the other Alts ?

    Posted: 17 Oct 2021 01:54 PM PDT

    I'm scrolling through YT and watched a Anthony Pompliano video and watched this guy called Jack mallers talk shit about all the alts! Like who this man and why is he so bearish towards alts ? I already can tell you that I'm not a fan of that guy! Ethereum is going to melt faces no matter what that dude saids! 🙌🏾💎📈

    submitted by /u/DaNk_HaZe2345
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    What do you OWN as a commodity when you have Ether?

    Posted: 17 Oct 2021 12:49 PM PDT

    Apologies for the dumbass question but apparently I've overlooked the absolutely fundamental concept of what you actually own when you own, say 3.047 ETH. It makes a lot more sense to me in the Bitcoin realm where you can think of it as owning digital gold and a means of currency.

    However, since Ethereum is fundamentally achieving a different goal, I'm unclear on what you actually own. I was in a discussion with a crypto skeptic recently and kind of got stumped when the question came up, unfortunately. I was attempting to analogize is to owning oil whereas Bitcoin is like owning gold but wasn't thorough in explaining it enough to convert them to believing.

    Do own the means to power Ether (and it's subtokens) on the Ethereum Blockchain? Or is more like owning a stock wherein you just own part of a business (in this case Blockchain)? Hoping to get a concise answer here rather than reading at length. Thanks!

    submitted by /u/soggysquanch
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    How to avoid large gas fee’s making a simple Swap on Uniswap? Opened app via metamask

    Posted: 17 Oct 2021 04:55 AM PDT

    Question about transactions

    Posted: 17 Oct 2021 02:35 PM PDT

    When transferring on an exchange the transaction goes through the exchange's node. But when it gets to the node will execute on a new thread or will all the transactions that are being sent to that node have to be executed one by one in the order they come in?

    submitted by /u/Final_Kangaroo_5148
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    Gas usage for multiSend

    Posted: 17 Oct 2021 02:27 PM PDT

    How can I determine the gas usage of ethereum for coding a multi sender solution?

    submitted by /u/CrytoManiac720
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    Editable contracts?

    Posted: 17 Oct 2021 12:07 PM PDT

    I understand that the point of smart contracts it to be immutable. However if the information in a contract needed to be changed, how would this work.

    Use case, smart contract is created verifying an article as being fact. Time progress and more info has come out showing that the article wasn't complete and doesn't have the full truth, how would/can this be handled as part of the block chain?

    submitted by /u/TrinityKaii
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    5 Solidity Code Smells - 5 Mental Models for Solidity Exploit Detection

    Posted: 17 Oct 2021 11:54 AM PDT

    What is the process for actual validation of transaction content?

    Posted: 17 Oct 2021 04:22 AM PDT

    What is the actual process of validating transactions on the blockchain? For example checking that no double spend has occurred?

    I know PoW and PoS is more or less the mechanism used to select who get to write the next block. It also help prevent the Sybil attack. But this does not do anything regarding the integrity of the block that is going to be added.

    A validator or a minor haven been selected to write a block can still go ahead and put in inaccurate content. I know this is not happening, hence there is a process to check this.

    • What exactly is the process?
    • And how does it work?
    • And how do nodes who are caught trying add inaccurate block get punished?
    submitted by /u/finlaydotweber
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    How to implement tickets for events as NFTs

    Posted: 17 Oct 2021 10:03 AM PDT

    ​

    I can work out how to mint NFTs with ERC721 or ERC1155 contracts where each NFTs metadata points to some data on IPFS with the ticket and event information.

    I can also implement a smart contract function that allows user wallets to claim these NFTs and transfer then into their own wallet.

    I am a bit lost though how "using" a ticket to gain entry should work though.

    ​

    Obviously at the point of entry, the user has to first prove they own the NFT and then 'spend' the NFT to gain access. I assume that on access to the event that the organizer should have the power to burn the ticket or something.

    THis might mean that when the user first claims the NFT that as part of that function the NFT is approved (setApprovalForAll(address operator, bool approved)) for the organizer to basically transfer from them and subsequently burn?

    submitted by /u/UsedEstimate
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