Ethereum News

  • 8 common sense you need to know about stETH

    A bear market will magnify any possible bearishness, and this time it’s stETH’s turn. Since last Friday, the panic about the decoupling and liquidation of stETH has continued to spread in the market, a large part of which stems from the lack of understanding of stETH. In this regard, this article sorts out 8 common senses about stETH to reduce the unnecessary impact of a large number of misunderstandings. stETH will not be the next UST stETH is the ETH pledged on the Ethereum beacon chain, and is fully supported by…

    Ethereum News 2022-06-13
  • In- depth analysis of stETH de-anchoring: a false alarm or another encryption crisis?

    What is Lido? Cobie wrote a blog post about Lido in October 2020: In short, Lido is an autonomous staking pool that tokenizes the Ethereum staked by users. When the user chooses to stake an Ethereum, Lido will choose a validator and will return a stETH in return. When this ETH obtains the pledge income, the stETH balance held by the user will automatically change to match the balance on the beacon chain. When the Ethereum staff finally announce the next steps, stETH will be automatically released, and the target will also…

    2022-06-13 Ethereum News
  • How serious is the risk of stETH when institutions withdraw from Lido?

    stETH unpegged and its value fell to 0.95 ETH. Liquidity is drying up, Smart Money is pulling funds, coupled with rumors that lending platform Celsius is on the verge of bankruptcy, all this could trigger a massive sell-off in stETH, Messari analyst @Riley_gmi and I have been working on this recently, here are ours Some discoveries. First of all, what is Lido & stETH? Lido provides users with ETH liquidity staking services, users can lock any amount of ETH, and then receive the equity Token stETH to earn income in…

    2022-06-11 Ethereum News
  • From Lido to Geode Where will staking protocols go in the Ethereum 2.0 era?

    On June 10, 2022, Geode Finance, the Ethereum 2.0 pledge protocol, announced that it has completed a seed round of financing of $3 million. This round of financing was led by Multicoin Capital and founded by Eden Network, Yield Yak, GSR Markets, C² Ventures and C² Ventures People and managing partner Ciara Sun participated in the investment. And this round of financing has brought the long-silent Ethereum decentralized staking protocol into our sight again. Ethereum 2.0, from PoW to PoS As we all know, Ethereum is going through a major…

    2022-06-11 News
  • L2 Token Endgame: How to Predict L2 Token Value

    Dear Bankless Nation, The Layer 2 competition is underway. In terms of the ranking of fees earned by all Layer 1 and Layer 2 networks, Arbitrum and Optimism rank fourth and fifth, respectively, behind Ethereum, BSC, and Bitcoin. But the value appreciation of the Layer 2 network (especially the Layer 2 token) has only just begun, and the future will show a huge growth curve. Whether or not Layer 2 tokens will succeed depends entirely on how they can add value to their native tokens in the future. This is…

    2022-06-11
  • How does the Ethereum merger affect NFTs?

    The merger is imminent, and it will be Ethereum’s biggest upgrade to date. However, how will this major technological shift affect Ethereum’s NFT ecosystem? It is difficult to draw conclusions yet, but there are some important points that need attention. NFTs in the era of mergers First, what exactly is a merger? Until this year, Ethereum had relied on the Proof of Work (PoW) consensus mechanism, pioneered in Bitcoin by Satoshi Nakamoto in the context of blockchain. PoW involves “mining,” a process in which miners use specialized hardware to competitively…

    2022-06-11 Metaverse & NFT News
  • Parse Celestia and DA

    What is Data Availability As we all know, one of the characteristics of blockchain technology is that the data stored on the chain is safe and reliable, and cannot be tampered with. What does data availability mean? Can’t the consensus of the blockchain guarantee the security of data? Obviously not, the security of blockchain data is recognized by everyone, and it is also one of the driving forces for the continuous development of blockchain. So what is the DA (data availability) layer, let’s take a look at the following situations. If a node wants…

    2022-06-10 News
  • Institutions flee the stETH trading pool, or may it accelerate at any time?

    Today’s research topic is stETH/ETH, whose trading pair is running out of liquidity. As we all know, stETH is the pledged version of ETH on Lido, and its purpose is to protect the security of ETH after the merger. Therefore, stETH and ETH should have a one-to-one correspondence and have a liquidity pool on Curve.  However, now the liquidity pool on Curve has become extremely unbalanced, with the proportion of stETH approaching 75%, an unprecedented tilt ratio. This has led to the exchange ratio of stETH to ETH has become…

    2022-06-10 News
  • EVM network effects: why the EVM may be more important than Ethereum itself?

    Potential challenges for L2 EVM composability Some Layer 2 networks are currently trying to convey the idea that they may soon break equivalence with EVM at some point to try something that only makes sense on L2 or will take a long time to integrate with Ethereum L1 function. In a sense, we may be entering a world where the L2 EVM is implemented slightly differently and becomes a testing ground for new EVM features. This may break the deployability of 1-1 code at some point in the future. That being said,…

    News 2022-06-10
  • Bankless: How to properly evaluate and predict the value of L2 tokens

    L2 tokens are on a path to greatly increase their utility and become highly appreciative. Original title: “Bankless: How To Forecast The Value of L2 Tokens” (How To Forecast The Value of L2 Tokens) Investing is a forecasting exercise. Savvy investors do not make decisions based on the present, but on the potential for future and long-term value creation. One crypto area where traders are currently showing short-term thinking is L2 tokens. This is a great opportunity for forward-thinking investors. “The number one mistake you can make as a web3 investor is…

    2022-06-10 News
  • Coinbase: An analysis of the internal reasons for the current round of “from bulls to bears” in the crypto market

    The financial market is essentially a giant information processing machine as it influences the decisions of millions of individual buyers and sellers. Or as Benjamin Graham put it – “In the short term, the market is a voting machine.” As of June 2022, the U.S. stock market has fallen about 20%, and about $10 trillion has evaporated, yet for U.S. stockholders For now, the sell-off doesn’t appear to have reached an all-time low, which means the severity is likely to intensify further. Meanwhile, the cryptocurrency has fallen by nearly 60%, or…

    2022-06-10 News
  • Explaining how MEVs work: how dark is it? How will the Ethereum merger affect it?

    Summary: Maximum Extractable Value (MEV) is the profit miners make by ordering transactions in a block. DeFi’s smart contract system takes advantage of inefficiencies and provides multiple revenue streams. Arbitrage is the most common way to make money on-chain. For miners, Flashbots reduce negative externalities while also generating more revenue. MEV MEV stands for Miner or Maximum Extractable Value. Miners (or validators, serializers) can obtain a certain profit by arbitrarily packing, excluding or reordering transactions in the blocks they produce, and MEV is a measure of this profit. Miners must be…

    2022-06-08 News
  • The Hitchhiker ‘s Guide to Ethereum (Part 1)

    The main points Ethereum is the only major protocol designed to scale and unify the settlement and data availability layers. Rollups expand computing power while leveraging the security of Ethereum. All roads ultimately lead to centralized block generation, decentralized and trustless block verification, and censorship resistance. Innovations such as block producer-block packer separation and weak statelessness result in a separation of power (creation and verification) to achieve scalability without sacrificing security or decentralization. MEV (Miner Captured Value) is now centrally important — many designs are designed to mitigate its harm…

    2022-06-08 Ethereum News
  • Lending platform Celsius conceals a loss of 35,000 ETH or becomes insolvent

    The crypto lending platform Celsius Network has been receiving negative news recently. According to an analysis by Twitter user yieldchad on June 6, from a technical point of view, Celsius Network may be insolvent. The project has a total of 1 million ETH, but only 268,000 (nearly 27%) have sufficient liquidity; the other 445,000 are Lido’s stETH, which can only be exchanged for 287,000 ETH at the current Curve exchange rate ; The last 288,000 coins were directly pledged into the Ethereum 2.0 contract, and they would not be available for…

    2022-06-07
  • The Hitchhiker ‘s Guide to Ethereum: Understanding the Ethereum Roadmap

    key takeaways Ethereum is the only major protocol to build a scalable unified settlement and data availability layer; Rollups scale computation while leveraging the security of Ethereum; All roads lead to centralized block production, decentralized & trustless block verification and censorship-resistant endgame; Innovations such as Block Proposer-Builder Separation (PBS) and weak statelessness open up this separation of power (build and verify) to achieve without sacrificing security or decentralization scalability; MEV is now in a central and important position , and Ethereum has planned many designs to mitigate the harm of MEV and…

    2022-06-07 Ethereum News
  • Is the encryption market really entering a cold winter? At least this bear market is very different from 2018

    “Has the market bottomed out?” is a multi-billion dollar question. If you spend a little time in the Web3 community, you’ll find that there are a lot of narco-hopists. The crypto collective consciousness wants to believe that the decline of the past few months is “temporary” and that market prices will rebound soon. Admittedly, this optimism is hard to sustain. Market prices tell a worrying story: Bitcoin has fallen 58% from an all-time high (ATH) of around $67,000, Ethereum is down 62% from an ATH of around $4,700, and the…

    2022-06-07
  • Full Analysis: Ethereum Layer 1 and Layer 2 Expansion Solutions

    Ethereum emphasizes two things: decentralization and security, which makes it slow to process transactions. This in turn affects its network throughput and the scalability of decentralized applications (dApps). People have come up with many different designs to solve the scalability problem of Ethereum, each with different advantages. This guide will introduce Ethereum scaling solutions and explain how they work and why they are important. What is scalability? Scalability refers to the ability of a system to handle exponentially increasing usage without sacrificing functionality. In blockchain technology, scalability refers to the ability of a…

    Ethereum News 2022-06-07
  • Is the total crypto market capitalization falling below $1 trillion as investment sentiment is low?

    The high volatility of the cryptocurrency market is probably the most worrying thing for investors of all time . From the current point of view, this kind of worry is not unreasonable, and the cryptocurrency market has recently experienced an unprecedented “bloody storm”. In just two months to date, the overall cryptocurrency market cap has fallen by 43%. Although the total market value of cryptocurrencies has stabilized in the past 23 days, basically fluctuating in a small range from $1.19 trillion to $1.36 trillion; at the same time, BTC and ETH have also…

    2022-06-07 News
  • A quick overview of the 24 high-quality projects of the Ethereum shanghai hackathon

    From May 20th to June 3rd, the first ETH Shanghai Hackathon was a parallel event of the Ethereum Shanghai Summit (https://ethshanghai.org/) (ETH Shanghai Summit), with the theme of “Next Generation Social”, and the whole process Held online, and invites Web3 enthusiasts and developers around the world to pay attention to the close connection between the Internet and social responsibility, and to ignite imaginations on topics such as public chains, on-chain data analysis, and decentralized social interaction that are eagerly discussed. Defining the future of Web3 social. The competition raised a…

    2022-06-06 News
  • Jump Crypto: Explain the characteristics, advantages and disadvantages of five multi-chain architectures such as Cosmos and Avalanche in detail

    Overview Scalability has long been a topic of extensive discussion in this field. Discussions around monolithic versus modular blockchains, horizontal versus vertical scaling, have long been the focus of community communication. A popular idea has arisen as a result of this – the establishment of specialized execution environments or even finality (i.e., finality, which refers to the state where transactions on the blockchain reach a confirmed transaction state) tool for a specific application or use case. This idea specifically refers to the separation and optimization of consensus and computation based on the…

    News 2022-06-03