Ethereum News

  • The World Beyond Ethereum: A Guide to Multi-Chain Yield Farming Profits

    Dear Bankless community: We live in a multi-chain world. But then again, we always do. Coinbase , Gemini, Binance, Kraken– the center side chains only, using Ethernet Square and bit credits and other assets registration and settlement chain. The new thing is the number of non-Ethereum “DeFi” chains with applications, revenue, and users. I put “DeFi” in quotes for a reason. I very much doubt whether these chains are sufficiently decentralized to guarantee this title. Once again, open finance may be a better term. Is their anti-corruption ability enough to become the basic layer of the…

    2021-09-07 Ethereum News
  • Arbitrum has launched Layer2 Summer, is it far?

    Highlights of this issue As of September 6, the lock-up volume of all second-tier networks exceeded US$1 billion, an increase of 79% in August. According to the actual test of Lianwen, L2 entry cost Optimism is twice that of Arbitrum . The transfer cost of Optimism and Arbitrum is 40% of L1, the Dex transaction cost is 7% of L1, and the added liquidity cost is 3.6% and 13% of L1, respectively. Some agreements are helping Optimistic Rollup to solve the exit period problem. Matter Labs and Starkware are working hard to achieve the ability to…

    2021-09-07
  • The Web3.0 ambition of Metis, the basic protocol of Layer2

    The king of congested public chains Looking back at the competition on the public chain track, it can be said that the generals of the iron fight, the soldiers of the water. Ethereum has always been criticized by the issue of “scalability”. From CryptoKitties in 2017 to DeFi today, Ethereum has repeatedly exposed its shortcomings while witnessing the ecological prosperity. Tokenview data shows that the current TPS of Ethereum is only 13, but the daily transaction volume is about 120,000, and the inefficiency of system transactions is visible to the…

    2021-09-07
  • $1 billion is being locked in the Ethereum layer2 scaling solution

    According to data tracker L2Beat Layer2 ecosystem, designed to ease the Ethernet Square network congestion Layer2 extension solutions is booming, with more than $ 1 billion it is locked in the extended protocol. Number one is the cryptocurrency exchange dYdX , which has locked in $ 285.6 million. The scaling solution enables decentralized applications (dapps) to use a variety of different technologies to avoid network congestion. L2Beat tracks Layer2 rollup, which is an extended solution on top of the Ethereum blockchain that processes a series of transactions in batches before submitting them to the main chain as a single…

    2021-09-07
  • What are POAPs and why are they collected?

    What are POAPs? POAP (pronounced poh-ap) is an acronym for Proof of Attendance Protocol. These NFT badges are issued to prove participation in an event, regardless of whether the event occurs virtual or in the real world. Each badge is unique, which means that the only way to get a specific POAP is to participate in events. Collectors can quickly accumulate unique POAP collections that record their experiences and journeys in the encrypted space. All POAPs are created using the ERC-721 standard, which is the most commonly used format for casting NFTs. However, to…

    2021-09-06
  • Ethereum Core Developers Conference: In-depth discussion on the Ethereum merger and its route evolution

    This update is a bit different from the previous ones. First, I decided to move to Mirror to release updates. It was a great experience to use this platform for the 1559 NFT project, and I have been looking for opportunities to use it again. I will keep a list of updates on HackMD so that they can be easily found in one place. Second, since our current work focuses on the merger (The Merge), this article is not actually an “update”, but an in-depth discussion of the evolution of the roadmap to…

    Ethereum News 2021-09-05
  • Post-information age: Ethereum, NFT and meta universe

    As the energy of NFT fanaticism grows, so does the dialogue surrounding the “meta universe”. We are all talking about the “meta universe”, but no one is trying to define it meaningfully. This article provides a practical suggestion on what the metaverse actually is. The “meta universe” will be an orchestration of many different layers and technologies, but it will eventually collapse on a single shared source of truth that all components of the meta universe will adhere to. The meta-universe will be composed of objects, and all these objects must know…

    2021-09-04 Ethereum News
  • Twitter is offering Bitcoin and Ethereum tips for content creators

    In May of this year, Twitter officially stated that it hopes that users can better support each other in addition to following, forwarding, and liking each other. Therefore, the platform will introduce the TipJar function-allowing users to send and receive tips to each other. Now, this matter has the latest development. According to reports, Twitter is preparing for Bitcoin tips for content creators. According to MacRumors, the platform is currently being tested against the operating system iOSBeta. Twitter’s latest beta update introduces the “TipJar” feature to allow content creators to receive Bitcoin tips…

    2021-09-03 Bitcoin News
  • Ethereum will become the currency of the Metaverse?

    The metaverse has been a hot topic these days, and in our recent podcast, Raoul Pal defined it as “digital mobility.” So what is it? Why is it so important? How will the meta universe appear? How does it relate to the real world and our identity? And what is the role of Ethereum in this whole process? Have a drink, fasten your seat belt, and let David explain to everyone what meta universe is. The emergence of the meta universe As the fanatical energy of the NFT grows, so does the dialogue surrounding the “meta…

    2021-09-03 Ethereum News
  • The final conjecture of the second layer of the Ethereum network: the cross-Layer 2 protocol zkTube starts the mapping

    Based on Ethernet Square zkTube agreement ZK Rollup technical route expansion program to build from, and achieved good test feedback stability, security and efficiency both in the test network running over the past six months in the past. According to the project’s official website, on September 3, zkTube announced the start of the mapping work, and all tokens will be mapped to the main network. According to the development progress, it is expected that the mainnet will be launched in a week, and the mainnet mining will be started at the same time.  Layer2 conjecture : who…

    2021-09-03 Ethereum News
  • EIP-1559 failure: unveiling the mystery of the London hard fork

    August 5, 2021, London witnessed the hard bifurcation Ethernet Square, one of the largest update block chain so far: EIP-1559, it changed the charge market works on the network. A new basic fee has been introduced that is burned instead of paid to miners, and users can now specify the highest and priority fees for transactions instead of gas prices. In this article, we will introduce all the changes made by EIP-1559 and what they mean to us. What is EIP-1559? Previously, Ethereum’s fee market was based on first-price auctions. Since all transaction fees…

    2021-09-03
  • A 380% increase during the year. Will ETH surpass BTC to be far?

    On September 2, the volatile market conditions reversed. On this day, Bitcoin broke through the $50000.00 mark. Ethernet Square ‘s prices extended gains in two days there has been a significant jump in the highest levels of above $ 3800, reached more than three months past. As of press time, BTC is quoting 50040 USDT and ETH is quoting 3742.19 USDT. Since 2021, Bitcoin has only risen by 70%, while Ethereum has climbed by more than 380%. As the market value of Ethereum continues to rise, some analysts believe that Ethereum will eventually surpass Bitcoin. Bill Gurley,…

    2021-09-02
  • Receive encrypted payment? How to turn a DNS domain name into an ETH address

    The encrypted address is not a humane design. Send the money to my ETH address, it is 0x123asd1231… Imagine that this must be said aloud? Obviously not. Websites had the same problem before, and later they solved this problem by using the human-readable DNS domain extensions .com, .org, and .io. For example, Google’s IP address 142.250.217.68 is difficult to remember. But Google.com is very simple. Encryption technology is also solving this problem. ENS is a universal standard for human-readable encrypted addresses. I can use rsa.eth instead of 0xe9d18dbfd10… In the future, I expect the ETH address to…

    2021-09-02 Ethereum News
  • Rethinking “Marketing” The story of Nick and Polygon

    Nick Johnson may never hate Twitter’s reminder function so much. He wrote before going to bed: “I don’t expect to get up early to check notifications tomorrow. This is just because of the spam from Polygon … I thought that the spoofing message disguising Metamask was bad enough, but now it’s too hard to imagine! If that’s not bad enough, there is also a fight between Banteg and Sassano in those words that circle me. “I had known this, Nick, founder of the ENS, hair piece may not tweet 11 hours ago – Screenshot message, coupled…

    2021-09-02
  • The Ethereum Layer 2 season may be coming

    The hot topic of “Meta Universe” has led to the recent “high fever” of NFT avatars. Almost every day, we will observe the issuance of 1-2 “Generative Art” NFT projects on the “ETH Burning List”. The short-term gas price of 2000+Gwei brought by the heat caused the sale of a single NFT project to burn users worth millions of dollars in ETH, which undoubtedly caused great waste. The reality tells us that the application of EIP-1559 will not reduce the transaction cost of Ethereum. Its purpose is to destroy ETH…

    2021-08-31 Ethereum News
  • Ethereum’s entire network computing power reaches a record high

    This week technical magazine contains an Ethernet Square , Kusama , Solana, Cardano, Filecoin chain of five public class technology news. Ethereum network The old version of Ethereum client Geth has a bug, BSC, Polygon and other chains are affected A bug in the old version of the Ethereum network client Geth has caused the nodes running these versions to be separated from the main network. This bug affects older versions of the Geth client, especially v1.10.7 and earlier. These nodes account for nearly 75% of all Ethereum nodes, while 73% of Geth clients are still…

    Ethereum News 2021-08-28
  • The old version of the Ethereum client has a bug but it will not cause a fork

    According to The Block news, Ethernet Square older clients appear BUG, may lead to an Ethernet network Square suffered “double flowers attack” even fork . But the actual situation may not be serious, and no fork will occur. It is understood that this bug first appeared in the Telos EVM audit (Note: Telos EVM is the Ethereum virtual machine version running on the Telos blockchain). Audit Sentnl auditor Guido Vranken discovered this BUG, called “high seriousness of the problem,” Fang to Ethernet core developers were reported. Three days ago (August 24), Ethereum developers released an update patch to fix the…

    Ethereum News 2021-08-28
  • Where will Polygon go after Ethereum 2.0

    The arrival of Ethereum 2.0 should make the Ethereum blockchain more practical: better security, faster and cheaper transactions, and less worry about whether these transactions are completed. In short, it will allow network expansion. For several months, users of decentralized applications (dapp) have been relying on Polygon to solve network congestion problems, a so-called layer 2 solution on top of the Ethereum blockchain . As early as April and May, the project dominated the headlines with seemingly endless climbs and partnerships because it provided solutions to astronomical transaction needs and fee prices. But now that the…

    2021-08-27
  • Why Ethereum will revive digital identity

    Digital identity, or self-sovereign identity, is a technology that uses asymmetric encryption technology to provide authentication for online transactions, and to ensure the integrity and non-repudiation of transactions. It is a prerequisite for several Internet activities, such as certificate issuance, private information transfer, and of course financial business. The rise of online identity Password or key The idea of ​​”key as identity” has existed in the last century. However, digital identities were not widely accepted by ordinary users at the time. The main reason is undoubtedly that the use of this system is…

    2021-08-27 Ethereum News
  • Optimism release gateway allows access to any ERC20 token

    August 27 message, the Ethernet Square L2 expansion program Optimism introduced a new gateway interface, allows arbitrary paragraph ERC20 token access operation on Optimism. The bridging method depends on the new token bridging system designed by the Optimism team. When the L1 address transfers to Optimism, L2 tokens will be generated on the corresponding address on Optimism to complete the cross-chain. Optimism provides developers with a CLI tool to deploy new ERC20 tokens. Developers can enter the gateway in the generated address to interact with Optimism. In addition, the front end of the…

    Ethereum News 2021-08-27