• Breaking News

    Wednesday, December 15, 2021

    Ethereum Stan Lee's twitter account is being used to shill NFT's

    Ethereum Stan Lee's twitter account is being used to shill NFT's


    Stan Lee's twitter account is being used to shill NFT's

    Posted: 15 Dec 2021 05:28 AM PST

    Ether Capital ($ETHC) Stakes $50 Million (10,240 Ether)

    Posted: 15 Dec 2021 05:49 AM PST

    Polygon will burn Matic with every transaction Like ETH And BNB

    Posted: 14 Dec 2021 10:41 AM PST

    Can we get a DNS for public keys?

    Posted: 15 Dec 2021 01:09 AM PST

    Or something like Public key Name System (PNS) for that matter?

    Not that I needed it yet but I really don't want to memorize 40 character long key. I mean yeah QR codes are nice but still...

    submitted by /u/kutlay_kizil
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    Ethereum Foundation launches incentive program for client teams

    Posted: 15 Dec 2021 03:03 AM PST

    Ethereum Foundation Launches Client Incentive Program for Network Maintainers

    Posted: 15 Dec 2021 03:27 AM PST

    SEBA Bank Launches Its Own Crypto Gold Token on Ethereum

    Posted: 15 Dec 2021 05:04 AM PST

    What The Heck is Maximal Extractable Value (MEV)? - Part 1

    Posted: 15 Dec 2021 06:28 AM PST

    Web3 security needs to catch up now that it’s on tipping point

    Posted: 14 Dec 2021 12:08 PM PST

    As everything on the web will be linked and the machine will save the user's preferences, it raises the issues about security and privacy! When the user engages deeply and consistently, the web will generate more verifiable and minable pieces of data. The more information is provided, the more they are rewarded with a richer and more dynamic experience. However there raises the question of security! Now that Web3 is at its peak I guess it's the right time to make sure that everyone in it has the security that they need and wanted.
    https://www.crypto-news-flash.com/web3-is-at-a-tipping-point-its-time-security-catches-up/

    submitted by /u/AkikoBlakeman
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    DeFi Memes #JoinTheArmy

    Posted: 15 Dec 2021 07:58 AM PST

    The AOL Era - The Daily Gwei #400

    Posted: 15 Dec 2021 06:12 AM PST

    Why did the number of ether nodes drop by 94% in 24 hours?

    Posted: 14 Dec 2021 03:51 AM PST

    Are Token Holders Slaying Moloch?

    Posted: 15 Dec 2021 08:04 AM PST

    Web3 will kill network effect.

    Posted: 14 Dec 2021 05:20 PM PST

    Network effect is the gold standard of Web2.

    Platforms with network effect are almost impossible to beat by companies who don't. Companies with network effect can only be beat by other companies with better network effect.

    The consequence of this is a power-law distribution:

    • Facebook makes as much as Twitter and every other social network under it.
    • Twitter makes as much as Snapchat and every other company under it.

    In any vertical with network effect, there is only 1 clear winner. With social media network, that winner get most of the advertising.

    Not so for Web3, why?:

    • Participation has a cost
    • Cost is often an investment
    • Value through scarcity, not user data
    • Web3 has no users, only usage of tokens

    Participation always has a cost
    Whether minting, selling, swapping, buying, staking. Everything has a cost. The cost will be less once L2s fixes their issues, but Web3 is never going to be free.

    It's run and paid by the participants themselves.

    Cost is often an investment
    Compared to Web2s "user is the product", web3s user is an investor, are the owners of the capital and the means.

    This dramatically impacts what kind of products will be built but more importantly, won't be built. (more on that later)

    Value through scarcity, not user data
    There is only ever going to be 21 Million u/bitcoin, there is only 10K u/BoredApeYC, only 8K u/lootproject bags.

    Web3 is a map of gated cultures, requiring NFT's or tokens to access. It's not cool to be one in a billion, it's cool to be 1 in 1000 owners

    Web3 has no users, only use of its tokens.
    The most counterintuitive thing about Web3 is that it has no users. It only have assets on addresses on a giant public ledger.

    It's the constant creation, redistribution and manipulation of these assets that makes up Web3.
    The consequences of are manyfold and important:

    — No advertising
    — Free-2-play
    — Rent seeking

    and most importantly; no network effect.

    submitted by /u/ThomPete
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    1,187,000 ETH Burns 1% of Circ. Supply today!

    Posted: 14 Dec 2021 12:17 PM PST

    This shows how Deflationary ETH can get, and Wide use case of Ethereum network with DEFI, NFT's, Metaverse, L2.

    $4.4B worth of ETH burned in 5 Months thanks to EIP1559.

    Supply shortage, Increase in demand, Scalability L2, ETH 2.0. will make it Scarce asset!

    submitted by /u/Prestigious_Owl4418
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    How exactly is Ethereum networking, ENS etc. prone to bitsquatting?

    Posted: 15 Dec 2021 05:18 AM PST

    Bitsquatting is a form of cybersquatting that relies on bit-flip errors that occur during the process of making a DNS request. These bit-flips may occur due to factors such as faulty hardware or cosmic rays. When such an error occurs, the user requesting the domain may be directed to a website registered under a domain name similar to a legitimate domain, except with one bit flipped in their respective binary representations. Source: Bitsquatting - Wikipedia

    submitted by /u/pcaversaccio
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    Looks like my phone can tell the future

    Posted: 15 Dec 2021 03:07 AM PST

    Ethereum mixer Tornado Cash announces new upgrades

    Posted: 15 Dec 2021 08:24 AM PST

    I have a questions?

    Posted: 15 Dec 2021 08:18 AM PST

    I'd like to start getting into crypto's, I have all the equipment and a lot of knowledge of how it happens and I like to also start making weird NFT's to make some extra money, I don't feel like buying a USB drive to be a wallet, could I just use a random USB drive that one would have just sitting in ones house?

    submitted by /u/BLITZ_in_subZero
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    Can PikaCrypto overcome the gaps within the NFT Gaming industry?

    Posted: 15 Dec 2021 08:07 AM PST

    Can PikaCrypto overcome the gaps within the NFT Gaming industry?

    Do you own research before investing:

    Per their site, PikaCrypto is the pioneers of GameFi (Gaming and Finances) by connecting NFTS & blockchain gaming with the world. They became a registered business in Switzerland in 2021.

    NFT Gaming has been a struggling business with high gas fees and many hands in the pot between blockchains. How will PikaCrypto overcome these obstacles?

    Currently they have a single token "PIKA" and plan to release two more tokens to create a "GameFi" evolutionary three tiered ecosystem which is completely unique. Their primary blockchain is Ethereum, however they have bridges between several blockchains, using Polygon and rubic.exchange, allowing a person to invest using Bitcoin, Avalanche, Polygon (Matic), and other cryptocurrencies.

    They released their NFT Marketplace called "TheKraft" back on December 13th, 2021. TheKraft is a collective artistic and gaming blend, showcasing the finest gaming NFTs alongside unique art created by our in-house art team and user created NFTs.
    Their goal is to provide a no upfront gas fee while creating NFTs, only when an NFT is sold. A seller can then choose to sell or auction their NFT at a 2% list fee or $0 list fee if they sell using the ecosystem token. A buyer can also submit offers on an NFT without it needing to be put up for sale. A seller can review offers and choose to accept the offer.
    To allow lower gas fees, they have the ability to sell in the ETH or Polygon blockchains. The marketplace is less than a month old, so we'll have to watch for new features as it matures.

    With the noted features, NFT gaming partners can use TheKraft to support their NFT gaming system. Allowing PikaCrypto to support different styles of NFT gaming. PikaCrypto has partnered with others, such as Cyber Rogue, to host their gaming system. Each partnership allows buyers of the gaming NFTs to enhance the NFT potential and earn passive income and/or play to earn rewards. With a full-time support team, the limit has not been set and only time will tell if PikaCrypto will keep innovating ways to combat issues arising in the NFT Gaming community.

    Interested NFT Gaming business looking for a support system can list via TheKraft.io or visit PikaCrypto.com for support contacts.

    Price Reference links:

    https://www.coingecko.com/en/coins/pika

    https://coinmarketcap.com/currencies/pika/

    https://www.dextools.io/app/ether/pair-explorer/0xc31c590acfad809d3293f58a1873c182a9643b7e

    https://preview.redd.it/vqjwsldrcq581.jpg?width=702&format=pjpg&auto=webp&s=5eebc90dc9124579680f494d82b73b7725161850

    submitted by /u/HeyAbbotts
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    Expert Brian Brooks: Crypto Leader Video

    Posted: 15 Dec 2021 03:36 AM PST

    This is a 50 minute video that clears up so many misconceptions about crypto. Brian Brooks is my new favorite leader of crypto after his work last week getting drilled on Capitol Hill. This is from way back last month, November, but couldn't be more timely. Further, he tries so hard not to play favorites with any coins but in one of his last comments on ten years from now: "....on the Ethereum network." https://vimeo.com/642428187

    Notes

    • My favorite part was how he doesn't like the nomenclature of cryptoCURRENCY since we all know 'currency' is only a part of it
    • How you have to start every conversation first with people pushing back on 'how it isn't fraud'
    • How Brooks, when talking about 'how much energy' crypto uses he said, "what is the baseline? JP Morgan uses more than all of Bitcoin." (Apropos how he chose JP Morgan too, brilliant.)
    • How the Solar Farms in Palm Springs/Palm Desert don't store all that solar power that goes unused and how setting up a Bitcoin Mining operation there would make sense. Actually use the renewable energy that is currently being wasted.
    submitted by /u/havoknkaos55
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    COINBASE: Why I like it.

    Posted: 15 Dec 2021 03:16 AM PST

    I know this post will get attacked because of 'brand loyalty' but I honestly don't understand the hostility toward Coinbase.

    • I like the ease of use, and so will 60-80 year olds with money (both pro/regular versions.)
    • It is the 'Crypto General Store'
    • It wants to be the AWS for Crypto (Getting businesses on board with crypto)
    • It is buying Bitcoin monthly (think Microstrategy)
    • It is getting into NFTs
    • You can stake and get interest on some coins (unlike Smells Fargo and US Stank)
    • It may become a 'bank'
    • Cool Debit Card
    • The 'they got hacked' was BS, customer side, you can't fix stupid
    • I like the soft wallet or I'd be the guy with the bulldozer in the landfill looking for my hard drive filled with Digital Gold
    • "Inc's" Company of the Year https://www.inc.com/magazine/202112/bill-saporito/brian-armstrong-coinbase-blockchain-bitcoin-crypto-nfts.html
    • Brian Armstrong's Brain - a guy who has not run from any regulation and only rightly so pushed back on the overreach by the SEC with his 'Lend' product
    • It has an impressive PE Ratio of 19
    submitted by /u/havoknkaos55
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    Do I want an ENS domain?

    Posted: 15 Dec 2021 06:30 AM PST

    I was wondering if anybody already has one, what the benefits are beyond the airdrop etc.

    submitted by /u/jmmw87
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    Announcing the ETHGlobal 2022 Season -- 6 IRL hackathons, 10 online hackathons, and 15 summits

    Posted: 14 Dec 2021 05:49 PM PST

    ✨ Finalizing Staking & Rewards details now - Looking to add stake $MTRL to earn $MTRL on 2⃣ platforms. Early access open only a few more days

    Posted: 15 Dec 2021 05:58 AM PST

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