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    Friday, January 14, 2022

    Ethereum Tether Freezes $160M of USDT Stablecoin on Ethereum Blockchain

    Ethereum Tether Freezes $160M of USDT Stablecoin on Ethereum Blockchain


    Tether Freezes $160M of USDT Stablecoin on Ethereum Blockchain

    Posted: 13 Jan 2022 01:39 PM PST

    How the Ethereum Name Service plans to support layer 2

    Posted: 13 Jan 2022 01:43 PM PST

    StarkNet update #1

    Posted: 13 Jan 2022 08:52 PM PST

    When will there be decentralized Uber eats.

    Posted: 14 Jan 2022 12:31 AM PST

    Driver's earn Food tokens. Eaters spend food tokens.

    submitted by /u/maberta
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    Question about gas amounts

    Posted: 14 Jan 2022 12:17 AM PST

    Hey guys, I have a question about eth gas. I always thought the price was fixed and only depended on how busy the network currently is.

    But yesterday I had to claim an airdrop, list an NFT for sale, and also deposit a token for staking. These three actions were within a few minutes timespan.

    The airdrop cost me like $20. The NFT listing cost me $55 or such. Then I had to perform one more action I don't remember what was for, but this cost $20 roughly. Finally, to deposit for staking costs $160 in gas.

    I didn't want to spend that much so I kept checking during the day yesterday and also right now when gas is usually cheap. However it's still close to $150.

    Does gas price change depending on what action you want to perform? Since staking is sooo much more expensive than for example claiming my airdrop

    submitted by /u/felixen21
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    Will ethereum just overtake some L2 solution later for its network?

    Posted: 14 Jan 2022 01:53 AM PST

    Or how does this work? What will happen with L2 solution token then?

    submitted by /u/hactive808
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    Confused about forking ethereum for an initial private network.

    Posted: 14 Jan 2022 01:30 AM PST

    So I am a software engineer and I want to fork the ethereum source code for a custom coin. However all of the tutorials on Hyperledger Besu, geth, etc are unclear, or trying to sell something, or offer something as a service, which I don't want or atleast want to avoid. The last time I worked on blockchain was before ethereum really took off, but it seems to be the best to modify for my use case.

    1.Whats the best tool to use for a custom coin based on ethereum, with an eye of eventually allowing public nodes? What avoids all of these ethereum middleware as a service providers.

    submitted by /u/in-noxxx
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    Former executive and ConsenSys get into a legal fight, latter alleges resume fraud.

    Posted: 13 Jan 2022 08:43 PM PST

    The spat, first detailed by Business Insider on Thursday, broke into the open with a December 31 filing from Kavita Gupta, formerly founding managing partner for ConsenSys's venture fund. In that filing, Gupta alleged that ConsenSys owes her a portion of the money generated by that fund, stating that the fund's value has grown to more than $300 million since inception. Per Business Insider, ConsenSys has allegedly offered a fraction of the amount she seeks.

    ConsenSys, in turn, unveiled a series of allegations in a 29-page court filing on January 10, alleging that Gupta engaged in resume fraud by lying about her professional credentials and then provided fabricated materials when her resume was called into question.

    source

    submitted by /u/ThatNaimish1
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    Is coinbase the best place to Stake if you only have a few £100 worth?

    Posted: 13 Jan 2022 03:22 PM PST

    I've read that coinbase offer the lowest amount, I have a ledger too but with gas fees so high, would there be any point unless I waited for them to be low then bought it.

    I've also read about swapping it then staking it but this would make tax a headache. I am planning to buy more via DCA

    submitted by /u/Sno_Jon
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    Every wallet not letting me buy eth

    Posted: 13 Jan 2022 05:22 PM PST

    So for the past 3 days i've been trying to buy ethereum and whenever i try to buy it, it doesn't work. I tried paying on metamask and it gave me a suspected fraud message. I already had my ID verified too. When i went on alphawallet and tried to verify my ID and they never confirmed it. I shrugged and tried to buy crypto anyway and it wouldn't let me buy it. So i called my bank and they said that there is no issue on their end. After this i tried to use a different card but it did the same thing for both wallets and this is 2 days after initially trying. So i finally got crypto.com and went to verify my ID and that takes a day but i tried to buy eth anyway and it wouldn't let me im assuming it's because my ID is not verified yet but the other wallet incidents are beyond me

    submitted by /u/cursedcrisp
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    Rep Tom Emmer: US Fedcoin blockchain should be "Open, permissionless, and private".

    Posted: 13 Jan 2022 02:47 PM PST

    What is a layer 2 exactly?

    Posted: 14 Jan 2022 01:59 AM PST

    Hello,

    So polygon is a sidechain, a layer 2, you can transfert your asset on polygon and do some dex trading and defi stuff over there for less gaz fees and then transfert back to ethereum if you want to.

    But here is the thing : not all eth token exists on polygon, from what I understand the token owner has to create the same token on polygon then use the "project mapper" to says "hey it's the same"

    So, why are not every EVM compatible chain called Layer 2? I can create a token on both ETH and BSC and they make a bridge. and record in coinmarketcap every token contract adresss for all my tokens on all those EVM compatible chain, achieving the same result.

    Thanks.

    submitted by /u/dying_animal
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    Do we Ever Have Enough $ ? NFT by CCYFREE

    Posted: 14 Jan 2022 01:31 AM PST

    No private keys for address?

    Posted: 13 Jan 2022 05:56 PM PST

    I did a stupid thing. I deposited USDC on Polygon to Kraken, but they only support it on Ethereum.

    I feel stupid of course (I've done tons of transactions and always get nervous - but never has something actually gone wrong)…

    I then texted support about it, thinking they could maybe recover it using their private keys (which of course they can't / don't want). But something the support guy wrote irritates me:

    „When a deposit is sent on the Polygon Network to a standard Ethereum address, the private keys would need to be exported and then imported into a Polygon Network wallet in order to recover the funds. However, this is not possible with our ERC-20 deposit addresses, as they are generated using smart contracts on the Ethereum blockchain. Addresses generated this way don't have private keys associated to them, therefore we have nothing to export."

    Is this really possible? Creating address as smart contracts and not having the private keys? Or am I understanding this wrong? This doesn't necessarily have to do with the original problem, I'm just curious.

    submitted by /u/tllfrhf
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    Gas fee consistently over 10k

    Posted: 14 Jan 2022 01:20 AM PST

    Hey guys, I come to this forum because I've been in the NFT space for awhile now but all day today my gas has not touched anything lower than 10k today, was wondering if this was a problem with other people or if there was something on my end that I can do to fix this problem, any information would be very helpful!

    submitted by /u/Astrolights_
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    Wallet decentralization issue

    Posted: 13 Jan 2022 11:07 PM PST

    Since the majority of people use metamask as their wallet I was thinking that would be a point of decentralization. I was wondering if I could theoretically write a piece of code in solidity and directly access the blockchain myself using my seed phrase to guarantee security?

    submitted by /u/FarStep8
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    Staking pure ETH vs derivative ETH

    Posted: 13 Jan 2022 01:23 PM PST

    TLDR; Looking to stake ETH directly on an L2 if that's possible post-merge. I'm US-based.

    Here's my current situation: I've been holding 1/3 of my ETH (and adding to my position) in my Nexo wallet for years now. I hold enough Nexo tokens to earn ETH interest at a premium rate of 6% APY, in fixed monthly terms. The rest is held in my ledger.

    As we approach the merge, I'm thinking about how to stake the other 2/3 of my ETH which is just sitting pretty right now. Ideally I'd like to stake this amount rather than pool it all in a centralized wallet.

    My staking concerns are mostly around inefficient taxes and derivative token risk.

    With Lido and Rocketpool, a derivative token is used while you stake with them. It's not actual ETH and you need to trust the contract supporting it. The exchange also concerns me because I'll need to realize years of gains… I understand that the token appreciation will bake in the staking gains, but I'd rather pay taxes on incremental gains (if I choose to sell them).

    Personally, I'd rather keep pure ETH and hope to stake it non-custodially. Will L2 or side-chain staking become an option after the merge?

    Thank you for your ideas and kindness.

    submitted by /u/Benjiming
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    Algorand Founder Silvio Micali talks Ethereum

    Posted: 13 Jan 2022 10:00 PM PST

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