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    Sunday, January 9, 2022

    Ethereum Vitalik Buterin Suggests a New Fee Structure for the Ethereum Network

    Ethereum Vitalik Buterin Suggests a New Fee Structure for the Ethereum Network


    Vitalik Buterin Suggests a New Fee Structure for the Ethereum Network

    Posted: 09 Jan 2022 12:28 AM PST

    How will you invest ETH in 2022?

    Posted: 08 Jan 2022 10:06 PM PST

    Ethereum (ETH) All Set for Highly-Anticipated Update This Year

    Posted: 08 Jan 2022 09:43 AM PST

    Can someone explain why gamers hate NFT's

    Posted: 08 Jan 2022 10:45 AM PST

    When I was younger I was a massive gamer, I used to spend money purchasing in-game items. I stopped playing games for years now. When I first discovered NFT's (crypto kitties) my thought was "this is the future of gaming, every game will use NFTs for their assets in the future" now they have exploded I have seen meme's everywhere about gamers hating NFT's.

    Why would you not want to own your in game assets and be able to sell them when your done with a game? Or sell them to make money from the game your playing?

    I often think about FIFA which is a massive game where people buy packs of cards to make a team. People love it. But every time you do that your just giving money to the company for cards that have no verifiable rearbility, can be indefinitely printed, can be take away at any point etc you get it.

    When s new FIFA game comes out your cards from the previous version do not mean shit, you can't play with them in the new game and you have to buy the cards over and over with each new version. Why are people happy to do this but have beef with NFT's

    NFT's work for both the company and player. You own your assets, you can sell them to make money. the game devlepor makes money from marketplace sales. Just seems like a win win for both parties.

    EDIT: I didn't come here to argue with any one, I want constructive conversation. Some people are taking this very personally and seem to be attacking me for asking a legit question I want some perspective on 😩

    EDIT 2: dispite the few people attacking me thanks for all the comments. You guys have helped me get a better perspective on the issue, some interesting takes I never thought of before. Excited to see how this all plays out in the future.

    submitted by /u/jaypo89
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    I tried to import my standard .COM domain to ENS Domains and link it to my .ETH domain but didn't due to a $1k+ gas fee

    Posted: 07 Jan 2022 11:15 PM PST

    Beginner to Ethereum, need a wallet asap? Advice?

    Posted: 08 Jan 2022 10:20 PM PST

    To preface, I am not a big investor in crypto. Most of my money is in stocks but a small % of my invest portfolio is on Coinbase Pro as I have not done enough research to create a hardware wallet and store coins (though I do plan to in the future once I have done more research). I am fine with having it on CoinBase pro for now as I like to trade the crypto and it is not a HUGE amount.

    Anyways, I recently won a giveaway from a somewhat reputable crypto content creator and it was just simple NFT. There were no contingencies, I did not need to pay them money, do any post sharing, etc, I just commented and said I hoped that I would win. Anyways I won, and now they are asking me for an ETH wallet to send the prize to.

    So my 2 questions are:

    1. Since there will be NOTHING in this ethereum wallet but the NFT I will be gifted (all my other crypto is on coinbase) is it safe to give someone else my ethereum wallet / seed?
    2. What application would you guys recommend? Would prefer to to be one thats easy to set up and online that can be set up in one day as I need to send them my wallet pretty soon. I have heard metamask is good, but again, have not done enough research on the different wallet types.

    EDIT: I checked the messages again and they wanted the Eth address. is that safe to give out?

    submitted by /u/travverz
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    any place for amateur coder hiring?

    Posted: 08 Jan 2022 09:58 PM PST

    Not sure if this is the right subreddit

    Is there any place I can do entry level smart contract/block chain coding while being anonymous and remote? I heard some companies were hiring basically anyone and all you needed was to send them your address after you finish a project and they send you the money in crypto.

    submitted by /u/Spartici
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    Vitalik Cheers NFTs, Layer 2s, and Previews Ethereum 2.0 in Podcast - The Defiant

    Posted: 07 Jan 2022 08:44 PM PST

    What will happen to contracts written in Solidity and Vyper when Ewasm replaces EVM?

    Posted: 08 Jan 2022 10:32 PM PST

    And what will happen to EVM-compatible sidechains?

    submitted by /u/banaanigasuki
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    web3 censorship

    Posted: 08 Jan 2022 01:51 PM PST

    So I'm late coming to the blockchain party but I've been doing a deep, comprehensive dive over the past month or so from the perspective of a developer. I find it all fascinating and definitely see the paradigm shifting nature of a decentralized web3, especially when it comes to disrupting the tech and financial giants that dominate so much of the global economy. Good on all of that.

    Here's the issue I'm running into: Last night I finally got around to checking out mirrror.xyz. A decentralized blog, something great in the face of totalitarian censorship. It made me think about the Chinese woman who a few years ago posted some bombshell article or accusation onto the blockchain so it could not be censored. I forget the details but that's a fantastic use case for a decentralized publishing platform. I dug into the details of mirror.xyz to learn exactly how much of the site is decentralized versus blockchain-enabled. (See Moxie Marlinspike's blog entry.) This is where I learned how mirror.xyz uses Arweave to store its data, a truly decentralized and uncensorable data solution. (My first look into web3 data storage.)

    Awesome. But I see problems with an uncensorable future because there are definitely instances of censorship that the vast majority of people support: child porn, violence/torture, blackmail. Tech companies expend a huge amount of effort in conducting this censorship. Hell, even this subreddit includes a form of censorship assuming the moderators ever take an active role in curating the community.

    I appreciate the desire for freedom of expression when it comes to politics and culture so let's table that debate and agree to a completely uncensored discourse. But it doesn't take much to go down the dark road of content that makes one cringe at the ability to inject something into the public record that can never be taken down and is freely accessible by anyone looking to connect to it and broadcast it.

    Again, I'm new in my exploration of web3 but I haven't read much discussion about how to address this issue. The best I've seen is that KYC will prevent people from posting things they won't want to have connected to them. But that strikes me as a form of disingenuous hand waving when privacy and anonymity is so often held up as a virtue of web3. And regardless, KYC has to be chosen and implemented by the file storage provider. Or is this even true? If it's a decentralized storage blockchain, can't one just submit a transaction with the offending content and be done with it? Even if not, how long until there's a 100% privacy ensured storage option created that allows unfettered posting of content.

    Happy to learn what I'm missing.

    submitted by /u/cyclen0t
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    L2 <-> L2 transactions gas cost

    Posted: 09 Jan 2022 12:24 AM PST

    I'm curious if anyone knows whether transferring assets between L2's will cost more or less gas than L1 -> L2 transfers

    submitted by /u/emanresu4
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    Any Blockchain projects that are trying to disrupt state governance?

    Posted: 08 Jan 2022 10:09 AM PST

    Other than financial aspects like banking and economics, there are various other aspects of life which the governments handle. This could be healthcare, education, and things related to physical public assets like roads, etc.

    Are there any projects that are trying to disrupt these aspects using blockchain? Like something that someone pools public funds in a decentralised way to build public physical assets while the public has the power to vote like in a DAO.

    I somehow believe blockchain will disrupt governance over time. Very bullish on it. Just wondering how.

    If not projects, any articles or videos that talk about this would be great.

    submitted by /u/Ok_Guide_7500
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    why ethereum

    Posted: 08 Jan 2022 09:49 PM PST

    Is ethereum good to join right now or should I wait and y ethereum opinions please. Tanks

    submitted by /u/No_Worldliness_9753
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    With an EIP-2535 Diamond you can fit more smart contract functionality behind an Ethereum address

    Posted: 08 Jan 2022 10:14 AM PST

    Solidity vs Rust?

    Posted: 08 Jan 2022 09:37 PM PST

    And developers on here that have used both of these care to share their thoughts on them?

    For example which one they prefer and why?

    submitted by /u/Beginning-Trick-1924
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    Good and safe DeFis to put ETH at work (with no IL)

    Posted: 08 Jan 2022 11:34 PM PST

    Pretty much the title. I am now keeping my ETH on a CEX with low returns, no gas fees but also less security (not my keys). May I ask where can I move my position and put it at work for nicer returns? I would prefer safe/recognised DeFi platforms (of course) with single farming pool options as I would try to avoid IL exposure. Many thanks in advance!

    submitted by /u/Crypto_Fi
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    "My first impressions of web3"

    Posted: 07 Jan 2022 02:39 PM PST

    ENS Question

    Posted: 08 Jan 2022 04:31 PM PST

    I recently transferred an ENS name between ethereum addresses. I'm trying to change the eth address in the records so that my eth is directed to that account, however ENS says I cannot change/edit records until I migrate the resolver. How do I do that?

    submitted by /u/altro16
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    why is eth 2.0 taking so long (coming from a noob)

    Posted: 08 Jan 2022 03:40 AM PST

    I was wondering why it takes so long to make ath 2.0 happening, it's in the works for years i think and it is 50 percent ready thereabout.

    Can amyone give some insight as to why it's taking so long?

    submitted by /u/djompom
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    Can someone explain the relationship between “decentralized” cryptos/ tokens and the organizations responsible for them?

    Posted: 08 Jan 2022 11:41 AM PST

    For example I use the Brave browser. BAT is supposed to be a decentralized token for its ad platform. But if the token is truly decentralized why is it that the Brave team only has access to it (maintaining and upgrading it) and other platform aren't able to freely implement it?

    I also have a Helium miner and it's a similar thing. Only the Helium team has control over it and they approve who is allowed to build miners for its blockchain.

    Sorry if this is a noob question but I'm genuinely confused here. Can someone lease clarify?

    submitted by /u/thisjustin93
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    Ethereum (ETH) Co-Founder Vitalik Buterin Tweets on Cross-chain Bridges

    Posted: 08 Jan 2022 08:03 AM PST

    An important pattern of the decentralized space: the decentralized and deep function (dFun). Built on EDS.

    Posted: 08 Jan 2022 10:32 AM PST

    ETH not web 3?

    Posted: 08 Jan 2022 04:20 PM PST

    https://twitter.com/notgrubles/status/1479899291988729860?s=21

    I read the article linked in this tweet and it makes a lot of good points. I'm big on ETH but wanted to see what others think about this.

    Basically article says ETH started decentralized but quickly went towards what can barely be considered decentralization.

    The example given about the NFTs on OpenSea not even using hash validation, but simply storing a URL that the owner of the URL can change the content hosted at any moment, ultimately changing what your NFT is, is disturbing. I always assumed NFTs were storing a hash.

    submitted by /u/198boblob
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    The Surge: Back End data and Sharding

    Posted: 08 Jan 2022 06:19 AM PST

    This post will prove my ignorance, sorry in advance, I am asking after decades working in a corporate infrastructure. Closed. Centralized. BAF. But I need some ammo because I am on an island in my age group getting blasted left and right on anything ETH/Crypto.

    Vitalik constantly talks sharding in "The Surge", can someone explain technically what the back end database is? Open Source? SQL/Oracle/Exasol/Azure/Snowflake/Mongo, does it matter or is my brain too old. Costs to scale etc.

    I do think massive education of the general public is the number one cock block to changing skeptics minds on crypto, especially the old timers with a lot of money. With a 98% fail rate on the basics. (this looks like a terrible click-bait website but it is actually really good to take this test and show others. https://cryptoliteracy.org/ )

    Every Adverti$er knows: "The hardest thing to change is a person's opinion."

    Update: In his latest Endgame Address, Vitalik does point us to this paper:

    https://vitalik.ca/general/2021/05/23/scaling.html

    Real world scale could top out somewhere around 96 Terabytes a year (held indefinitely) but an issue:

    "But once a blockchain's capacity gets too high, it becomes harder to store all that data, until at some point there's a large risk that some part of history will just end up being stored by... nobody."

    submitted by /u/havoknkaos55
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    I get that there is no eth 2.0 but rather a series of updates. But what is the Ethereum 2 token then?

    Posted: 08 Jan 2022 10:17 AM PST

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