High gas fees, reduced popularity of DEFI, rapid decline of TVL on the chain, distrust of ETH2.0, criticism from miners, and restrictions on participants by the POS mechanism. Will the challenges of new technologies and new public chains cause ETH to decline rapidly?
If I were you, I would study the market situation more precisely.The prices of many coins have fallen, but the demand for DeFi projects is large in the Ethereum ecosystem. https://l2beat.com/There are also a lot of the best developers in the world in this ecosystem.L2 solutions have very low gas fees.
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In today's world, the word "normal" will lose its meaning. Keeping your savings in NFT tokens and cryptocurrencies is much safer than in banks and safes. Today I could not pay for services with a bank card, but I paid very quickly with a litecoin.
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The LUNA team committed a big scam. The airdrop must be for all UST token holders both before and after the attack. Luna tokens were distributed only to owners of UST tokens before the attack, who used their tokens in Anchor Protocol. Holders of UST tokens before the attack did not receive compensation for losses.
Interestingly, I disagree with this. I do not think that they scammed anyone, I do not think that they are bad people, I just believe that they are morons who couldn't protect the money they were given and they just did stupid things. Maybe I am wrong, and they actually did scammed people, maybe Do Kwon is a bad person who stole your money, but to me it looks like they tried something and did it legit and ended up losing a ton of money while doing it and other people scammed them out of your money. It is like a bank getting a bank robber, the bank is not the responsible party there, the robber is, but the bank lost your money, so you would be angry at the bank of course. you can call it whatever you want, but it's a scam. The best traders earn 20% per year, the best traders in the world have earned about 20% per annum for over 20 years in a row. Why did this project promise a 20% annual reward in stablecoins? For getting UST you need TERRA coins. Demand for Terra is growing at a tremendous pace, so you can promise a profit of 100% per annum, but the bubble will burst anyway.
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https://economictimes.indiatimes.com/tech/technology/how-crypto-giant-binance-became-a-hub-for-hackers-fraudsters-and-drug-traffickers/articleshow/92040524.cmsHow crypto giant Binance became a hub for hackers, fraudsters and drug traffickers "Eterbase's lost money is part of a torrent of illicit funds that flowed through Binance from 2017 to 2021, a Reuters investigation has found. During this period, Binance processed transactions totalling at least $2.35 billion stemming from hacks, investment frauds and illegal drug sales, Reuters calculated from an examination of court records, statements by law enforcement and blockchain data, compiled for the news agency by two blockchain analysis firms. Two industry experts reviewed the calculation and agreed with the estimate. Binance CEO Changpeng Zhao accused Chainalysis on Twitter of "bad business etiquette.""
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https://blog.ethereum.org/2022/05/30/ropsten-merge-announcement/#ru"Ropsten will be the first longstanding testnet to run through The Merge A new Ropsten Beacon Chain was launched on May 30, 2022 to provide consensus to the network The Ropsten Beacon Chain will upgrade to merge-compatible protocol rules (Bellatrix) at slot 24000, expected on June 2, 2022" Ropsten support will end after a successful testnet https://discord.com/channels/476244492043812875/476588476393848832/979075630761115719Yorick | cryptomanufaktur.io: Kiln: Merged testnet, early testing. Abandoned at mainnet merge or before.
Ropsten: To-be-merged testnet, first look at what mainnet might look like. Abandoned at mainnet merge.
Goerli: To-be-merged testnet, will live on after mainnet merge, anyone can run a validator. Getting GöETH is a heroic effort.
Prater is the PoS half of this network, that name will become "legacy" with its merge.
Sepolia: To-be-merged testnet, will live on after mainnet merge, permissioned validators only.
Kovan, Rinkeby: Testnets without a maintainer, currently. Likely to be abandoned, not scheduled for merge
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Очень много вопросов и споров возникает по обмену криптовалюты на фиат в регионах и городах с небольшим населением, где нет обменников как в Москве. Кеш ин забирает большой процент на курсе. Эту тему можно было бы раскрыть по подробнее.
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The market doesn't owe you anything, and with this approach to investing, you're more likely to lose your money. Look for other ways and avoid gambling and other projects that offer quick money. I do not see prospects for the growth of the crypto market now.
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LUNA which was a well known name. And more or less most people were investing here. But LUNA fucks everyone. it put everyone down on a kind of road. Here is the launch of luna 2.0. And has a total supply of 1 billion LUNA. It is listed on many exchanges, including Binance at the moment. But it turns out that the price that went up when listing LUNA has now come down to half that again. And it is decreasing day by day. What do you think about it? Can LUNA return to its previous position? Can it reach up to $100 again? And how reasonable it is to invest in LUNA now?
All the scandals have not subsided yet, and you are already interested in restoring this ecosystem. Some scammers lured many people into the project by offering stablecoin staking at 20% per annum, other scammers committed actions that destroyed the UST stablecoin. Stay away from such projects.
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I'm sorry but can you explain what this is all about like I'm five years old? I was thinking this is related to the outages in another chain but that doesn't seem to be the case. How is this revocation significant to users? Is this like reversing a transaction you already confirmed or approved in wallets like Metamask?
Before interacting with smart contracts, you must first allow the smart contract to spend your tokens. Therefore, the first time you sign 2 transactions: the 1st transaction is the permission to spend tokens, the 2nd transaction is your operation. In the permission, you specify the amount of tokens that the smart contract can spend, usually by default it is unlimited. If the smart contract is hacked, or you give such permission to a fraudulent smart contract, then you will lose your tokens. To lose money, you need to give permission to the smart contract. I have multiple wallets on my ledger. If I need to change the tokens, I transfer them to a "smart contract wallet", make an exchange and transfer the tokens to another wallet that did not give any permissions.
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Whenever the ETH blockchain is heavily congested (which is most of the time) gas fees soar towards ridiculously high levels, making the whole network completely unusable by the average Joe. Right now gas fees have declined like crazy due to decreased on-chain activity. But the benefits won't last for long (especially during a bull market). I'm aware that you can save money on ETH gas fees with off-chain scaling solutions like Optimism and zk-sync, but not every project/Dapp support them. The main chain is what it's all about. That said, I'd like to know what strategy you're following (besides using an off-chain scaling solution) in order to save as much money from gas fees as possible. Any help, suggestions, and/or recommendations will be greatly appreciated. Thanks in advance. 1. Transfer your coins and tokens to other ecosystems, such as L2 solutions with low fees Cross-chain Bridge Aggregators https://bitcointalk.org/index.php?topic=53892592. https://blog.1inch.io/the-1inch-foundation-extends-the-gas-refund-program-c4b1f1970468The 1inch Foundation extends the gas refund program
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https://blog.1inch.io/the-1inch-foundation-extends-the-gas-refund-program-c4b1f1970468The 1inch Foundation extends the gas refund program "It’s been a while since the 1inch Foundation announced the distribution of 10 mln 1INCH tokens as gas consumption refund to Ethereum users who are staking 1INCH through the 1inch dApp. This activity became quite popular among users: over 30% of the past week’s swaps are eligible for refund; each month, roughly 1 mln 1INCH tokens were distributed as gas refunds; 86% of 1INCH tokens slated as gas refund have already been claimed."
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okay thank you for the suggestion and the links. problem started to happen 12~24 hours ago i think. i just woke up and notice the issue.
Be sure to buy a hardware wallet and check the address on the hardware wallet before pressing the button to send coins, then you will not make a mistake. A hardware wallet will help you protect yourself from viruses if you do not store the seed phrase from the hardware wallet on your computer.
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Still, the crypto market is dumped, have you filled your bags? Often we worried when the market becomes down for any reason. But we don't think that as an opportunity to accumulate in low. Whales do that and make a big profit whereas small traders like us lose money. I have accumulated a few top coins though it is down from the buy price. But still, I am holding and moved to Ledger for long holding. What about you? Have you filled your bags? Or just watching and waiting for more dips?
There are a lot of manipulators in this market and my main point is that the manipulators have sold a lot of cryptocurrency to new members. And in the current situation, I see no prospects for a new rise in prices. Hamsters should fix their losses and become disillusioned with the crypto market. You can start shopping a little, but I plan to think about it when the price of Bitcoin approaches $20,000 and Ethereum to $1,300.
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