Ethereum News

  • Layer 2 is normalizing So what about the Layer 1.5 solution of the Polkadot Ecological Moonbeam?

    Before the arrival of Ethereum 2.0, emerging public chains and Layer 2 always have opportunities. But now the competition for the emerging public chain has entered the second half (after all, it should be almost cold), and the competition for the Layer 2 track has officially begun (especially after Arbitrum is online). To a large extent, Layer 2 will cause those public chains with higher performance than Ethereum to lose the value of existence. The Ethereum ecosystem is still very attractive to developers and large funds, whether it is security or Convenience. Of…

    2021-09-16
  • List of necessary data query and asset management tools for L2 ecology

    In L2 Eco Surfing, you need these auxiliary tools. In Ethernet Square, two important ecological programs Expansion of Optimism and Arbitrum the network officially open test, the overall data growth layer 2 network is extremely obvious, Arbitrum is accumulated value in just over two weeks time $ 2 billion TVL has become the second-tier network with the largest amount of asset lock-ups at present .  On the other hand, after the test “How much cheaper are Arbitrum and Optimism than L1?” 》(https://www.chainnews.com/articles/115931150768.htm). At this stage, the transaction cost of the L2 network has been reduced by an order of magnitude compared to…

    2021-09-14 Ethereum News
  • The rise of Layer 2: a new public chain Solana that does not take an unusual path

    On August 16, CoinMarketCap data showed that the market value of Solana ( SOL ) exceeded US$16 billion and successfully ranked among the top ten cryptocurrency projects by market value. On September 9, Solana’s lock-up volume exceeded US$7.5 billion, setting a record. new highs. At the “2021 World Blockchain Conference Hangzhou” a month ago, FTX co-founder and CEO and Serum consultant Sam Bankman-Fried (SBF) repeatedly praised Solana in his keynote speech, saying that it is the kind of ambitious and able to do it Centralization, especially geographical decentralization, but also a blockchain that can handle tens of…

    2021-09-14 Ethereum News
  • “Wood sister” Cathie Wood: DeFi is hollowing out the bank ETH will become the original bond of the Internet

    Last Friday, Ryan and I were honored to sit down with sister Cathie Wood of Ark Invest to talk about her views on crypto. ARK only does one thing: invest in the technologies that define the future. They have done a very good job in this area, and more importantly, ARK invests in technology that breaks the paradigm, and the rest of the market has fundamentally priced them incorrectly. Ms. Mu believes that “the future of investment is the future of investment”. It is this argument that makes ARK become…

    2021-09-14 DeFi News
  • Migrating from Ethereum to popular L1 and L2 cross-chain bridges you must know

    In this summer of NFT, we ushered in the summer of Layer1 and Layer2. Taimukaiqi era of multi-chain, Ethernet Square to the Great Migration Layer1 & 2 are in full swing. This article will take a look at the cross-chain bridges of many popular projects. From DuneAnalyticsby@eliasimos ArbitrumBridges&OptimismBridge For token transfers between Ethereum and a Layer 2 network, we usually create a bridge between L1 and L2. This bridge consists of a bridge contract on L1 and a bridge contract on L2. When the asset is transferred from L1 to L2, the asset is deposited into…

    2021-09-13 Ethereum News
  • Eth2 progress update (as of 2021/9/10)

    Recommended this week The 11th round of Gitcoin Grants is now underway! There are many projects worth exploring this round, but if you want to quickly support some personal pledger tool projects (really should support it!), Superphiz has summarized it for everyone. For more information, you can watch the GR11 Kickoff Event video replay by Ethstaker and Wagyu. Beacon chain The beacon chain unknowingly exceeded 2 million slots earlier in the week. As of this writing, there are more than 230,000 active validators. Due to the recent minor accidents in the beacon chain,…

    Ethereum News 2021-09-13
  • Traditional public chains can’t keep up with the changes of the times? Why does NFT “escape” Ethereum

    Today, the most watched public chain in the encryption industry should be Ethereum . However, as we all know, with the rise of decentralized finance, NFT and chain games, the block Size limitations, high gas fees, slow confirmation speeds, and network bandwidth have hurt some projects. Not only that, the Ethereum network can no longer even host a decentralized application that can quickly respond to user data on-chain requests. On the other hand, the second-tier solution (Lauer 2) did not solve the problem of low Ethereum contract execution efficiency. The EIP-1559 just deployed just…

    2021-09-13
  • In-depth exploration of Ethereum 2.0: speed, efficiency and scalability

    Abstract: for Ethernet Square has long been the network upgrade program, designed to address scalability and security issues of the network. In the first stage, the blockchain “world computer” will shift to the Proof of Stake Consensus Mechanism (PoS). This is a long process, but the first phase of Ethereum 2.0 is finally up and running. The multi-stage upgrade aims to solve the scalability and security of the Ethereum network through several changes to the network infrastructure-most notably, the conversion from Proof of Work (PoW) to Proof of Stake (PoS) consensus mechanism . What is Ethereum 2.0? Ethereum 2.0,…

    2021-09-13 Ethereum News
  • Arbitrum’s lock-up value soars by 3200% in a week. Is the Ethereum Layer 2 season coming?

    Beijing on September 13, according to Dune Analytics statistics show that Ethernet Square Layer 2 network Arbitrum assets TVL bridge has exceeded $ 2.1 billion, which is seven days TVL growth rate of over 3,200% in the same period, Polygon , Avalanche However, the lock-up value of the competing Layer 1 network asset bridge has declined significantly. The flow of capital has obviously told us that the next hot spot in the crypto market is likely to be Ethereum Layer 2. And Solana, who was full of limelight before, can only be forced to stop at…

    2021-09-13 Ethereum News
  • Ethereum L2: The true opponent of public chains

    Non- Ethereum contract public chain becomes a hot spot In the past period of time, because the NFT was too hot, it caused congestion in Ethereum, and the gas fee was too high, which turned out most users. Naturally, other public chains took advantage of the trend, which led to the flow of users to smart contract public chains such as Solana, Avalanche, and Fantom. They have become a hot spot for the community. However, with the cooling of NFT and the advancement of Ethereum L2, the ecology of Ethereum and DeFi has once…

    2021-09-13 Ethereum News
  • How Near Protocol became the front-end “Ethereum Killer”

    NEAR recently experienced a sharp decline in the market, and the price of the currency rose from around US$6 to its highest point. It was once close to US$12, almost doubling. The editor has always firmly believed that behind all real pull-ups, it must be the result of the completion of the landing application or the ecological explosion, and the final value will be fed back to the currency price. Today, let’s take a look at what the near protocol is known as the ” Ethereum Killer”! First of all, if we want to…

    2021-09-12 Ethereum News
  • Arbitrum Guide: How to enter Arbitrum What are the profit opportunities on it

    The Ethereum community is feeling tremendous pressure. As the market activity heats up and the NFT frenzy, Ethereum gas fees soar to a record high, except for the big players, everyone else can’t access Ethereum.  this is a big problem. Not only will it significantly reduce the user experience, it will also push new users to other ecosystems. Source: TheBlock Fortunately, the solution is on the way. Although it may be a little late to call it “L2 summer”, with the launch of the highly anticipated Arbitrum , the road to expansion has arrived. The real Layer…

    2021-09-10 Ethereum News
  • Flow VS Ethereum: In-depth comparison of two public chains and contract development languages

    With the development of blockchain technology, we have seen more and more platforms, development languages ​​and applications. The latest development trend is nothing more than packaging artworks and collectibles into non-homogeneous tokens (NFT) for display and circulation on the chain. Although most of the current NFT market is still dominated by the Ethereum ecosystem, the fast-rising Flow chain is also very hopeful to catch up with Ethereum. Since its establishment in 2015, Ethereum has established its status as a mainstream blockchain platform, which is used by developers to develop smart contracts and build decentralized applications, and…

    2021-09-10
  • Pantera Capital Chief of Staff: How does Layer 2 unlock the next wave of killer apps?

    In the trend of true decentralization, the problem of expansion is and will continue to be handled by various complementary solutions. Original title: “Pantera Capital Chief of Staff: How does Layer 2 unlock the next wave of killer apps? 》 After the summer frenzy of DeFi in 2020, due to the skyrocketing demand for the ethereum custody protocol, gas costs have risen to sky-high prices, which has also caused serious network congestion. Fortunately, with the popular release of expansion solutions such as Optimism and Offchain Labs’ Arbitrum , the “Layer 2 Summer” in…

    Ethereum News 2021-09-10
  • The battle for smart contract platforms has entered a new stage. How do you view the competition faced by Ethereum?

    “No one is using this chain. Compared to Ethereum , this ghostly chain should not be valued that high.”-A sentence I heard by chance on Twitter. Sometimes people forget that the market is looking forward. But before we delve into the valuation of smart contract platforms, let’s understand some background information. Today, the smart contract platform has once again become the center of speculation, but this time there has been a turning point. Different from the previous cycle, smart contract platforms are no longer just the ideas of the world’s computers. They are an active ecosystem…

    2021-09-10 Ethereum News
  • Ethereum’s tools: in-depth analysis of the DAO organization

    Dear Bankless community, The future of mankind depends on our ability to coordinate. If you are a long-term reader, you know the efforts of the crypto community to kill the evil Moloch and get rid of its harmful coordination failure. Association as is encrypted field exists because. This is why we are so optimistic about the Decentralized Autonomous Organization (DAO). We believe that they are important tools in a new set of cryptocurrency economic elements that will change the way humans coordinate capital and resources. Your child will work for DAO one day. But we…

    2021-09-09 Ethereum News
  • Ethereum in the NFT world? 5 perspectives to fully explain the value of Loot

    It’s not that I don’t understand, but that the world is changing too fast. The JPG model NFT (Punk, monkey, penguin…) that was still in fashion a few days ago was instantly marked as a “classical NFT” by a TXT model NFT with white letters on a black background. How about it is getting harder and harder in the industry, and the threshold is getting higher and higher? Probably the most widely spread in the past two days is the following paragraph. I just understand cex, you just play dex.I just…

    2021-09-09
  • Beginner’s Guide: How to manage your Ethereum wallet like a professional

    The Ethereum Wallet allows you to access and manage your Ethereum account, as a cultural Lego connected with DEFI and NFT, a DAO for on-chain identity management, and a gateway beyond bankless financial services. Therefore, the way you set up your wallet will shape your experience in the crypto economy. This strategy will show you how to manage your Ethereum wallet process using today’s top wallets like a professional, highlighting useful features and other key considerations. Choose the right wallet process for you As the old stupid pun said: A stupid empty…

    2021-09-08 Ethereum News
  • The battle for smart contract platforms: Ethereum cannot enjoy this trillion-dollar “big pie”

    Sometimes people forget that the market is forward-looking. But before we delve into the valuation of smart contract platforms, let’s understand some background knowledge. Today, smart contract platforms are once again the center of speculation, but this time is different. Unlike the previous cycle, smart contract platforms are no longer just the idea of ​​the world’s computers. They are an active ecosystem composed of users, capital, and applications, which together promote trillions of dollars in economic activities. Ethereum is in a leading position in this regard, and has now acquired more than 700 billion…

    2021-09-08 Ethereum News
  • Vitalik Buterin: How to migrate NFTs to Layer 2 to make them cross Rollup friendly?

    We need to transfer NFT to the Layer 2 (L2) ecosystem to reduce costs. However, doing this correctly requires good cross-Rollup portability standards so that the ecosystem can avoid being locked into a specific L2. —— Vitalik Buterin The NFT ecosystem is developing rapidly and has become an important part of the gas consumption of the Ethereum chain. The rejuvenation and relative lack of foundation of the NFT ecosystem, as well as the need to avoid high fees due to the non-financial nature of a large part of NFT, have also made NFT the main goal of…

    2021-09-08