Ethereum News

  • Ethereum’s Upcoming Grey Glacier Upgrade

    A week ago, Tim Beiko of EF published an article on the EF Blog stating that the Ethereum network will undergo a scheduled network upgrade at block 15,050,000, which is expected to take place on June 29, 2022. But the exact date may change due to different block times and time zones. The teams involved with Ethereum nodes will need to upgrade their nodes by June 27, 2022. This upgrade is called Gray Glacier. Grey Glacier is the same upgrade as network upgrades like Byzantium, Constantinople, Muir Glacier, London and Arrow…

    2022-06-21
  • Fortune talks to Vitalik and his son: Many people are too negative about Ethereum’s move to PoS

    Ethereum founder Vitalik is not worried about the current collapse of the cryptocurrency, and he does not like his creation for speculation. Vitalik’s father was named Dmitry Buterin, commonly known as Dima. A Russian-born engineer and entrepreneur whose family moved to Canada, Vitalik learned about Bitcoin from his father as a teenager. Vitalik and Dima told Fortune they’re used to the volatility of cryptocurrencies, but this Father’s Day, the most prominent father-son duo in DeFi has another message for us : Where else can cryptocurrencies be used. “Cryptocurrencies have had their big…

    News 2022-06-20
  • Some thoughts and advice when the crypto market is in a downturn

    Everyone is strongly affected by the bear market. Things look bad. Below are some suggestions and discussions about the current cryptocurrency market. 1. Survive. Generational wealth can also be created in a bear market, but you need to survive to reap the rewards. • Trade less. Think hard about what you’re buying and why • Focus on BTC, ETH. Don’t focus on those degen (degenerate) things, leverage and shitcoins 2. We will enter a recession • Prioritize safe and robust risk management  • Improve earning power  We are entering a recession. Now is not…

    News 2022-06-20
  • A conversation with a16z partner Chris Dixon: thoughts on stablecoins, regulation and the crypto market crash

    Web3 is an all-encompassing approach to building a web, a web3 web is not owned by a company, but by a community of users, there would be no Google in Web3. Chris Dixon is one of Silicon Valley’s most ardent crypto evangelists. As a general partner at venture capital firm Andreessen Horowitz (a16z), he is currently leading a16z Crypto, which seeks investment opportunities in the Web3 space. Last week, bitcoin hit an 18-month low, ethereum’s value has fallen to a quarter of its November 2021 peak, cryptocurrency exchange Coinbase announced…

    News 2022-06-20
  • Delphi Digita: The Industry’s Most Complete Ethereum Advanced Guide

    Core points: Ethereum is the only major protocol intended to build a scalable unified settlement and data availability layer Rollup Scales Computation While Leveraging Ethereum’s Security All roads lead to the endgame of centralized block production, decentralized trustless block verification and censorship resistance. Innovations such as initiator-builder separation and weak statelessness, which lead to separation of power (construction and verification), enable scalability without sacrificing security or decentralization goals MEV is now front and center – many designs are planned to mitigate its harm and prevent its tendency to centralize Danksharding combines…

    2022-06-20 News
  • Ethereum “Gray Glacier” hard fork to merge at the end of June or drag it to September-October

    The Ethereum mainnet hard fork codenamed Grey Glacier is coming. This is a fork that delays the difficulty bomb. Time is tight, so be sure to update your Eth1 nodes as soon as possible. The fork is expected to take place on June 29 Occurs around the day, or maybe a day or two earlier. About the Ropsten Testnet Merge We have successfully completed the PoS merger of the Ropsten testnet. After a long wait due to hash rate fluctuations, you can watch our merge time at the EthStaker party‌,…

    2022-06-20
  • Crypto Market “Battle Royale”: Liquidation, Selling, Runs

    Although Bitcoin rebounded to $20,000 in the early hours of June 20, the crypto-asset market it led has been unable to reverse its decline. The total market value of crypto-assets of $900 billion has shrunk by one-third from its high in November last year. two. Another panic occurred on June 18, when Bitcoin (BTC) fell below the support of $20,000 and reached as low as $17,500, while Ethereum (ETH), the second largest by market value, fell below $1,000 and as low as $880 , the prices of the two major…

    Bitcoin News 2022-06-20
  • Bubble burst: DeFi deleveraging begins

    The Ethereum DeFi market is undergoing a dramatic deleveraging, with more than $124 billion in funds evaporated in just six weeks, and the Ethereum investor base is now heavily losing money on spot positions. The global financial situation in 2022 is unusually sluggish, not only for digital assets, but almost all asset classes. Monetary policy has tightened around the world, the dollar has strengthened, and risk asset valuations have fallen, triggering a series of margin calls, debt liquidations and deleveraging. In the field of digital assets, Ethereum is still the largest smart contract platform,…

    2022-06-19 Metaverse & NFT News
  • Messari: Where will miners go after the Ethereum merger?

    summary The Merge will force the $19 billion POW mining industry to find another way. Most existing Ethereum miners cannot find POW coins with equivalent economics in the market. The total market cap of GPU-minable tokens excluding ETH is $4.1 billion, or about 2% of ETH’s market cap. ETH mining revenue accounts for 97% of the daily income of GPU miners. Many large miners plan to turn to data center-oriented businesses with a focus on providing high-performance computing services. Miners can contribute GPU computing power to Web3 protocols such as Render Network, Livepeer, and Akash ….

    2022-06-19 Ethereum News
  • Take PoolTogether as an example to explore new ways of organizing creative production in the field of Web3

    Discuss the problems faced by the PoolTogether DAO community during its operation from three aspects: community atmosphere, productivity and member structure. Other Internet has received PoolGrants funding to begin research on PoolTogether’s off-chain governance and social architecture, focusing on its Discord and governance forums. This research is guided by the following question: How should “long tail” contributors be rewarded? How did PoolTogether get its reputation as a healthy, encouraging community? How does the old corporate organization help solve the problems DAOs face? This is the second in a series of research reports…

    2022-06-18 News
  • Crazy 6.18 Ethereum opens “discount” mode

    No one expected that during 6.18, Crypto’s second-in-command also opened the “discount” mode. On June 8, according to the monitoring of Curve Whale Watching, a giant whale address exchanged 18,398 stETHs for 17,924 ETHs (worth $42.7 million), and then it was revealed that Alamedal, one of the seven major institutional holders of stETH, sold nearly 50,000 stETH, and then, the ETH/stETH liquidity pool on Curve continued to tilt. By June 10, the proportion of stETH reached 80% of the historical record, which seriously affected the exchange ratio of stETH and…

    2022-06-17 News
  • Bloomberg Businessweek: Ethereum mining is about to disappear, miners are not happy

    The shift from “Proof of Work” to “Proof of Stake” will drastically reduce power consumption and allow some expensive technology to find new uses. Mikel-Angelo Chalfoun, an ethereum miner, stores his graphics cards in a warehouse in Dubai. The Ethereum mining community is a diverse group, both geographically and demographically. A 28-year-old translator in Ukraine runs some computing hardware on his balcony to earn cryptocurrency so he can buy clothes and other necessities. In Argentina, a retiree used her gaming computer to double her monthly pension. A college student in Canada has dug…

    Ethereum News 2022-06-17
  • Embezzled 22,000 ETH and launched 10 garbage projects in 4 years

    On the evening of June 16, Jeffrey Huang, a KOL in the international currency circle, was analyzed by a long article from the well-known KOL ZachXBT. He suspected that Big Brother Ma Ji was related to more than 10 leek cutting projects, and presented the evidence he had collected. Big Brother Moji then commented on Twitter and clarified that ZachXBT’s revelations were incorrect information: “This is misinformation. If he wasn’t anonymous, I’d sue him for defamation!” Below is the full Chinese version of ZachXBT’s investigation report. brief introduction Jeffrey Huang,…

    2022-06-17 News
  • Bear market topic: blue-chip NFT trend in the current market

    The most valuable and promising blue-chip NFTs in the market generally fell rapidly in the past week. A bear market is coming Recently, the Federal Reserve has raised interest rates one after another, flash crashes have occurred in LUNA and Celsius, and events such as the correlation between supervision and the stock market and securities market have led to large fluctuations in various assets in the market. The most valuable and promising blue-chip NFTs in the market generally fell rapidly in the past week. As the NFT market is mainly priced…

    2022-06-17 Metaverse & NFT News
  • The ultimate solution for Ethereum expansion: Danksharding (1)

    Overview Those who are familiar with Vitalik (the founder of Ethereum) understand its famous impossible triangle theory. Compared with traditional monetary theory, a country cannot simultaneously achieve independence of monetary policy, stable exchange rate and free flow of capital. One goal has to be abandoned to a certain extent, and the “impossible triangle” faced by the blockchain refers to the inability to satisfy the three characteristics of decentralization, security, and scalability/efficiency at the same time. Its recent article “Endgame” re-emphasizes the ultimate form of blockchain. Block production will be dominated by…

    2022-06-16
  • Layer 2 competitive landscape analysis: ecological resources and L2 performance are the core competitiveness

    core point Like operating systems, the biggest barrier to public chains (and L2) is network effects, and Ethereum will still maintain a monopoly L2 with orthodox performance and much higher than Ethereum is likely to cause a large-scale migration of Ethereum projects The competitive elements of L2 are ecological resources, L2 performance, migration difficulty and legitimacy (in descending order of importance) Comparing according to the framework of core idea 3, we believe that zk rollup will have a greater chance of success than optimistic rollup The four general zk rollup…

    2022-06-16 Ethereum News
  • Comprehensive analysis of cross-chain bridges: design, trade-offs, and opportunities

    Last year, Ethereum’s dominance as the mainstream smart contract blockchain was challenged by an alternative L1 blockchain. The multi-chain world has become an indisputable fact. With the introduction of these new chains, their heterogeneous consensus mechanism, smart contract language, and community value split Web3 into various ecosystems. L1 blockchain market share (calculated by aggregate TVL share), source: Defi Llama These segregated ecosystems create value for their respective communities, but the lack of interoperability with each other makes most of the value of cross-chain synergy lost. This fragmentation has also led to a rise…

    2022-06-16 News
  • ETH did not rise when Ethereum 2.0 merged. How to treat ETH in a bear market?

    During the latest slump, many swayed like frightened birds. The Ethereum 2.0 merger no longer excites people, it worries them. Ethereum has a lot to do, and mergers have been delayed repeatedly. Misconceptions About Mergers Merge does not: 1) Reduce gas fees (ie transaction costs); 2) Allow users to withdraw the mortgaged ETH; 3) Delivery on time. However, merging will: 1) Reduce the issuance rate of Ethereum tokens; 2) Achieve zero emissions within 9 months after the merger, thereby reducing sales pressure (the POS is eventually unlocked after that); 3) There are…

    News 2022-06-16
  • Layer2 in the eyes of StarkWare

    Moderator: Hello Professor Eli, we know that you were a professor at the Technion-Israel Institute of Technology before, and you have engaged in scientific research in prestigious academic institutions such as the Institute for Advanced Study in Princeton, Harvard, MIT, etc. What drove you to leave academia and enter the crypto industry to start a business ? Eli: In short, through my research, I discovered a set of tools that I realized could make a big difference and really help humanity. I found that no one is really promoting the development of this…

    2022-06-16
  • Behind Celsius’ Insolvency: ETH’s Liquid Token Becomes Less Liquid

    The crypto market is collapsing, and certain companies taking big risks are facing consequences. Celsius, one of the largest DeFi lending platforms with about $12 billion in assets under management, announced on Sunday that they would suspend all withdrawals, sparking widespread investor panic that the company was “insolvent.” There have also been rumors in the past two days that Three Arrows Capital (3AC) is struggling for solvency. How on earth did the big institutions intertwined with the biggest market players end up in a Lehman-like end? Poor asset management, bearish market…

    2022-06-16 Ethereum News