Ethereum News

  • Disillusionment of the Eternal Bull Market

    The market in July is digesting the extreme volatility of the previous two months. The focus of investors’ debate has turned to whether the bottom of the cycle is forming. We also have time to look back at DEFI technology, CEFI thunderstorms, excessive leverage, and the liquidity cycle brings us everything of. Before every crisis, there are always people who believe that “this time is different”, but in fact – we are repeating history all the time. In the face of the cycle, technological progress may only push up economic expectations, but…

    2022-07-14 News
  • Etherscan: some important charts in a bear market

    Early last year, we wrote 20 “Numba Go Up” charts highlighting high returns in January 2021. As it turns out, this is the beginning of a big bull market. The current bear market has been going on for several months, and it’s time to revisit these charts and see what they look like now. We analyzed the prices of the top 100 Ethereum tokens in more than 20 categories based on market capitalization. The analysis is based on January 1, 2021 and January 1, 2022. Key observations include the following: Emergence of Meme,…

    2022-07-14 Metaverse & NFT News
  • The Rise and Fall of Three Arrows Capital

    Foreword: Su Zhu and Kyle Davies once turned Three Arrows Capital (3AC) into the most important hedge fund in the Crypto space, but they bet all on the fact that prices would only go up. Just days before bitcoin fell below $40,000, and two months before Su Zhu’s hedge fund Three Arrows Capital went bust, he sat down for an interview in the Bahamas with a shoeless man. Feet tucked under the legs. As a legendary investor in the more than 10-year-old cryptocurrency industry, his message matched his relaxed demeanor. “When you’re…

    2022-07-13 News
  • Looking Back at History Why Bitcoin Lost to Ethereum in Dapp Battle

    Abstract : In this post, we explore why Dapps are often built on Ethereum rather than Bitcoin, going all the way back to March 2014. We examine the debate over whether and how a Dapp protocol called Counterparty could use the Bitcoin blockchain. This is sometimes referred to as the “OP_Return battle”. We explain the history of OP_Return usage and sidechains in Bitcoin. In the end, whether people like it or not, we think it’s the culture of the Bitcoin development community in 2014 and the negative perception of using Bitcoin transaction data for alternative…

    News 2022-07-13
  • 10 things you should know after the Ethereum merger

    The Ethereum merger is one of the most powerful catalysts in crypto history, and its arrival is fast approaching. As Ethereum moves towards the end of the proof-of-work (PoW) mechanism, it’s important to understand 10 important features of Ethereum’s post-merger PoS era: 1. ETH L1 fees will not drop after the merger The purpose of The Merge is to abandon Ethereum’s PoW consensus mechanism and replace it with PoS. Fees are a function of block space requirements, not a consensus mechanism. For lower fees, use L2 (live) to execute transactions. 2. There will be…

    2022-07-13
  • Concerns about the centralization risk after Ethereum turns to POS

    1. The most common misunderstanding is that if Lido pledges more than 51% of ETH, it will cause centralization risk. Regarding this Lido’s consultant hasu gave a more systematic answer in an interview, in a nutshell: 1.1. Lido is not an entity, but a middle-layer protocol, or simply understood as an “alliance”, there are currently 29 node operators 1.2. The node operator is an entity that actually mortgages ETH, “similar” to the current POW mining pool, Lido cannot directly control the node operator In some cases, if Lido’s values ​​of…

    News 2022-07-13
  • “Merge” is just around the corner, where will Ethereum miners go?

    This year, the most critical time node of the Ethereum ecosystem (and even the entire blockchain technology field) is the “merge” (The Merge) of ETH1 and ETH2. Although the official did not give an exact date for the “merger” to occur, according to V God’s prediction, if all goes well, the “merger” may take place as early as August. At that time, the Ethereum consensus mechanism will change from Proof of Work (PoW) to Proof of Stake (PoS), and the ETH1 difficulty bomb will also be activated after the merger is…

    2022-07-13
  • Why are L2, Rollup important?

    Tier 1. Tier 2. side chain. Rollup. Web3 is full of jargon, so let’s first set the stage and provide an easy way to think about the field. If you’ve browsed crypto Twitter, you’ve probably heard people mention Layer 1 (L1) like Bitcoin/Ethereum and Layer 2 (L2) like Arbitrum/Optimism. If you’ve listened carefully, you’ve probably heard people mention sidechains like Polygon PoS and Rollup like StarkNet. If you’ve gone down this rabbit hole, you probably know that there are many other types. However, for this article, we will ignore all of them. Instead, we will…

    2022-07-13
  • L2: Comparison of Optimism and Arbitrum

    Optimism and Arbitrum are two of the largest Layer 2 (L2) solutions that leverage Optimistic Rollup technology to scale the Ethereum network. This article will conduct a complete comparison of the two. background Optimism and Arbitrum are two of the largest Layer 2 (L2) solutions that leverage Optimistic Rollup technology to scale the Ethereum network. Currently, Ethereum’s high transaction fees and limited throughput of around 15 transactions per second (TPS) severely limit its scalability. In order to solve this problem, the Rollup extension scheme has emerged, which can be divided into…

    2022-07-13 News
  • The “vulnerability” of Uniswap V3

    In the midsummer of the bear market, hacker attacks occur frequently, making currency holders who have no sense of price to worry about their security. At 9 a.m. Beijing time on July 12, Changpeng Zhao, founder of Binance, tweeted: “Our threat intelligence detected a potential vulnerability in Uniswap V3 on the ETH blockchain. Hackers have stolen 4295 ETH so far and they are laundering money through Tornado Cash. Someone can notify Uniswap ? We can help. thanks. “ And attached the hacker address: This address has been marked as a hacker address by…

    2022-07-12
  • Retrospective Analysis: Layer 1 Chain Rotation Theory

    A bull market optimizes the narrative, and a bear market optimizes the fundamentals. Although this statement is too general, it can serve as a basic logic for how participants should think and react in different market environments. This is true for most financial markets, but it is most evident in the cryptocurrency market, which operates 100 times faster and faster than any other market currently or in history. 2022 is clearly a bear market, not only because most crypto tokens are down 80-90% from their previous all-time highs, but also because the…

    2022-07-12 News
  • Rollup will be the sovereign chain

    Most applications will be deployed on rollup, and they use Celestia as the consensus layer and data availability layer. As the first two-layer solution to increase transaction capacity, rollup will be the home for most blockchain applications, whether they use Celestia, Ethereum, or other platforms for the consensus layer and data availability layer. In this article, we will discuss what rollups are, how they currently work on Ethereum, and how they will work on Celestia. For the existing rollup of the ether chain, the ether chain is the upper settlement layer, and…

    News 2022-07-12
  • Ethereum : Top 10 Features of the Post-PoS Era

    The Ethereum merger is one of the most powerful catalysts in cryptocurrency history, and it’s coming soon. As we get to the end of Ethereum under the PoW consensus mechanism, let’s talk about 10 important features of the merged PoS Ethereum. One: After the merger, the fees of the Ethereum L1 mainnet will not drop The purpose of the merger is to abolish Ethereum’s PoW consensus mechanism and replace it with PoS. Fees are a function of block space requirements and are not affected by consensus mechanisms. To keep fees low, use…

    2022-07-11 Ethereum News
  • zkSync: How to find an irreplaceable development direction?

    1. zkSync is in the early stage of development, and a large number of applications have not been launched. The online applications are mainly DEX, DeFi, bridge, infrastructure, and NFT that provide basic functions. 2. zkSync 1.0 is positioned as a payment solution, and 2.0 solves the “combinable” problem. To achieve breakthrough development, zkSync needs to find an irreplaceable development direction, and it also needs to build differentiated advantages for StarkWare. 3. The originality and innovation of the zkSync ecological project, and the “privacy” to be achieved in the next…

    2022-07-11 DeFi News
  • “On-Chain Analysis” Ethereum 2.0 stakers are locked in floating losses

    Compilation: BTX Capital The Ethereum 2.0 upgrade is one of the most anticipated and watched events in the digital asset industry. However, with the staked ETH locked up and the market price falling by more than 75%, the vast majority of stakers’ positions are now firmly in the red. The Ethereum 2.0 upgrade is one of the most anticipated and watched events in the digital asset industry. The transition from the current Ethereum proof-of-work consensus mechanism to proof-of-stake is a major technical and engineering feat. Since the Beacon Chain went live in…

    2022-07-11 Ethereum News
  • L1 and L2 thinking mode difference who can last forever?

    Cryptocurrencies are leading a paradigm shift in database technology The cornerstone of cryptocurrencies is the database . It records the balances of all user accounts, the code and state of smart contracts. Any user action will eventually be reflected in the form of executing transactions and updating the database. The problem with ” Web2 ” database technology is the trust that makes it work. It relies on a trusted third party to maintain and secure the database. If these third parties go offline, all access to the database is interrupted. If they made a mistake updating the database, the…

    Bitcoin News 2022-07-11
  • Detailed explanation of modular blockchain: how to solve the current dilemma of blockchain architecture?

    In a modular future, the user is the ultimate winner. The idea of ​​a “modular blockchain” is becoming a category-defining narrative around scalability and blockchain infrastructure. ‍The argument is simple: by breaking down the core components of layer 1 blockchains, we can improve individual layers by a factor of 100, resulting in a more scalable, composable, and decentralized system. Before we discuss modular blockchains in detail, we must understand existing blockchain architectures and the limitations blockchains face in current implementations.  Source: Ethereum Foundation What is blockchain? Let’s briefly review the basics…

    2022-07-10 News
  • Zero-knowledge proofs will enable scaling and privacy computing

    In 2021 Vitalik said in an article: Perhaps the most powerful cryptographic technology to come out of the last decade is general purpose succinct zero knowledge proofs, usually called zk-SNARKs. ) It is true that zero-knowledge proofs have played a key breakthrough role in two very important directions in the Crypto field, one is Scalability and the other is Privacy. Zero Knowledge Proof (ZKP) means that the prover can convince the verifier that an assertion is correct/true without providing the verifier with more information than the validity of the statement itself. After the…

    2022-07-10 News
  • Sort out the market performance and development pattern of the bull market public chain track from 2020 to 2022

    introduction The great success of Ethereum has made the smart contract public chain a holy grail for capital. At present, Ethereum is still the largest and most important platform in the smart contract public chain, but due to low performance and high fees, a large number of applications are not suitable for running on Ethereum. The new public chain undertakes these Ethereum spillover needs with its performance and cost advantages. Especially in the bull market in 2021, a large number of applications have emerged, and new public chain ecosystems have…

    2022-07-10 Ethereum News
  • What’s the best way to earn with Ethereum

    Ethereum is one of the most popular and promising cryptocurrencies today. Although it is held by millions, very few people fully utilize the asset and use it to earn 2-10% per year, let’s find some ways to earn a high and relatively safe annualized rate of return (APR) ). Ethereum is the “digital oil” of the cryptocurrency market. With its long history, active developer community, and large DeFi ecosystem, it will undoubtedly survive the next bear market. In addition, improvements such as mergers, private transactions, and Layer 2 Rollups have strengthened Ethereum’s position in the crypto…

    2022-07-09 Ethereum News