[ANN] Ethereum: Welcome to the Beginning

[Mrpumperitis]

btw , 1500 eth minimum if u wana stake    ( me  sits back and watches the rush to buy  )

Waiting for ETH staking for a very long time...still waiting...
ETH changed from 1500eth to 32eth over the years as the value of ETH grew...
With staking and the move to pos, i was expecting to see a scalable version of ETH...
Maybe this will happen , give them a few more years...
However....

SOL has delivered what i was expecting from ETH...
A cheap almost free tx cost, instant send, over 50k tps
and for the past 6months , Solana staking is what ive been doing...hodling and earning 10%roi

ETH 2.0 may come oneday....but Solana is here today.

[bbc.reporter]

@Mrpumperitis. There is also Binance's smart chain which appears to be in a beginning of a longterm pump to replace Ethereum from being 2nd in coinmarketcap.com.

Binance also has the marketing dollars.

@JollyGood. The statement is not very reassuring.

[JollyGood]

That is life, we have to adapt and accept some things we simply do not like or understand but we get on with it.

@JollyGood. The statement is not very reassuring.

[Mrpumperitis]

@Mrpumperitis. There is also Binance's smart chain which appears to be in a beginning of a longterm pump to replace Ethereum from being 2nd in coinmarketcap.com.

Binance also has the marketing dollars.

@JollyGood. The statement is not very reassuring.

BSC is just another ETH fork. Higher cost when compared to SOL it costs more than 1000x.
Binance claims its blockchain can handle a throughput of “a couple of thousand” transactions per second.
SOL can do 65k tps and It is specifically built to scale transaction throughput with Moore's Law. There is no sharding required to achieve this throughput.

Also the people backing SOL have deeper pockets than Binance, check out SBF Alameda and Circle group with USDC.
https://decrypt.co/60185/ftx-ceo-sam-bankman-fried-ranked-as-second-biggest-blockchain-billionaire

China’s Hurun Research Institute has named Sam Bankman-Fried, CEO of crypto derivatives exchange FTX (Built on SOL) the second-richest “blockchain billionaire”—just below Coinbase CEO Brian Armstrong and, somewhat surprisingly, above Binance CEO Changpeng Zhao.

I think Amir explains it best...
https://twitter.com/Narodism/status/1358446889885122561

Amir Taaki@Narodism
Solana is the most well thought through blockchain platform in the entire space. The others rushed to fill a gap by throwing together concepts hoping they stick. Solana devs went to the root of the problem, started from first principles and revisited old research on concurrency.
 7 Feb 2021·



Solana Beach, you can explore, analyze, and track the solana network
https://solanabeach.io/

[bbc.reporter]

That is life, we have to adapt and accept some things we simply do not like or understand but we get on with it.

@JollyGood. The statement is not very reassuring.

However, it appears eyes cannot simply be closed or heads cannot simply be dug under the sands to remove the problem. I hope you are correct and this issue will only be a waste of time without causing problems, however.



In a move to save the Proof of Work model of Blockchain, as well as Ethereum Miners globally, noted Canadian Blockchain technology lawyer, Gregory Prekupec, has pledged support to the Ethereum Genesys Foundation and Ethermine pool, to oppose EIP1559. An avid supporter of Ethereum 2.0, Gregory was instrumental in ETH 2.0 achieving its threshold. In light of these developments, Gregory has now switched sides to Ethereum Genesys to support the Ethereum Proof of Work Blockchain Maple Fork.

Source https://finance.yahoo.com/news/ethereum-miners-unite-showofforce-collaboration-173500717.html


@Mrpumperitis. I know about SBF, FTX and SOL. They have taken over Arthur Hayes and Bitmex’s realm, however, Binance is still no.1.

[Piston Honda]

HI , IM HERE FOR THE GANGBANG...........

[JollyGood]

Great to see Piston back in the Ethereum thread  

I think you should be here for the $2000 per ETH and not for the reasons you stated. Maybe the next time ETH hits $2000 it will not fall below it ever again  

HI , IM HERE FOR THE GANGBANG...........

[1337leet]

How safe is EIP 1559?
Is it possible that they change the mining profit when the 51% attack is succesful?

[Termie]

I think you should be here for the $2000 per ETH and not for the reasons you stated.

guess even at $8k this guy will sneer at ETH. Admittedly a questionable kind of "fun".

HI , IM HERE FOR THE GANGBANG...........

too late man, $ADK got already gangbang´ed a long time ago.

[Mrpumperitis]

@Mrpumperitis. I know about SBF, FTX and SOL. They have taken over Arthur Hayes and Bitmex’s realm, however, Binance is still no.1.

Traders that use FTX exchange...
Hope you got plenty of FTT ...
Binance coin BNB rank 3 has 154Mill supply and is priced at $268 Mcap $41B
FTX coin FTT rank 30 has 94Mill and is priced at is $36. Mcap $3.4B

No maker fee if you have 25 FTT staked...
No withdraw fees if you have 150 FTT staked...
if you want to take part in FTX IEO's, hodling FTT is useful...
Note: Any user whose 30d trading volumes do not exceed $50,000 or who does not stake 500 FTT cannot participate in FTX IEO's

[zasad@]

https://decrypt.co/63170/visa-completes-first-cryptocurrency-transaction-on-ethereum
"VISA Completes First Cryptocurrency Transaction on Ethereum
Visa has announced that it will allow transactions to be settled using the cryptocurrency stablecoin USD Coin.

In brief
Visa has announced support for USD Coin to be used to settle transactions on its payments network.
The announcement is part of a wider pivot to the crypto industry for the payments giant."

[JollyGood]

As long as Piston visits here from to time to bring his special touch of humour here then I would welcome it with open arms.

Imagine what Piston would say if ETH got to $10,000...  instead of accepting he was wrong he would probably give us another one liner to make us all laugh !!

I think you should be here for the $2000 per ETH and not for the reasons you stated.

guess even at $8k this guy will sneer at ETH. Admittedly a questionable kind of "fun".

HI , IM HERE FOR THE GANGBANG...........

too late man, $ADK got already gangbang´ed a long time ago.

[Piston Honda]

As long as Piston visits here from to time to bring his special touch of humour here then I would welcome it with open arms.

Imagine what Piston would say if ETH got to $10,000...  instead of accepting he was wrong he would probably give us another one liner to make us all laugh !!

I think you should be here for the $2000 per ETH and not for the reasons you stated.

guess even at $8k this guy will sneer at ETH. Admittedly a questionable kind of "fun".

HI , IM HERE FOR THE GANGBANG...........

too late man, $ADK got already gangbang´ed a long time ago.

LET'S GET KRUNKEDDDDD!

hahaha.

well, as shyte as ETH is good thing i bought some bags from 110-350 bucakroos then eh?!

[Inagame]

VISA using first ethereum transaction is a big news but I a not sure it is so smart until transactions get lower with some updates.
Still totally bullish for Ethereum.

[JollyGood]

Good to know you managed to buy some and will make a tidy profit because after all the fun you bring to thread with your words of wisdom you deserve it 

LET'S GET KRUNKEDDDDD!

hahaha.

well, as shyte as ETH is good thing i bought some bags from 110-350 bucakroos then eh?!

[Mrpumperitis]

VISA using first ethereum transaction is a big news but I a not sure it is so smart until transactions get lower with some updates.
Still totally bullish for Ethereum.

VISA ETH USDC was planned for q2, SOL VISA USDC is Q3

With the VISA news now being reality...
Sol is the only blockchain that will allow microtransactions on VISA USDC due to its ultra low fees.
SOL is also the fastest with the highest throughput.

https://twitter.com/circlepay/status/1353776178746818560

Circle
@circlepay
·
25 Jan
Now live: Full
@Solana
 blockchain support across all Circle products. Solana is powerful, with 50K tps and block production and settlement finality w/ in 400 ms.

Circle chose SOL over ETH to build on.


https://usa.visa.com/visa-everywhere/blog/bdp/2021/03/26/digital-currency-comes-1616782388876.html

After months of anticipation and careful planning, we completed the first successful settlement transaction this month —with Crypto.com sending USDC to Visa’s Ethereum address at Anchorage.
One small step forward for Visa’s settlement platform, one giant step forward for the integration of digital and traditional fiat currencies.
After further testing and additional conversations with clients, partners and members of the regulatory community, we hope to launch this capability for other partners in the year ahead.





So what i gather is Anchorage did a test send of USDC on ETH to a VISA ETH address...
Now they will be testing and launching on the others later this year.
Probably late Q3 for SOL going live.

Im 100% confident VISA will not use ETH due to its technical limitations and high costs
Ethereum blocks are already 99.9% full...not much use for VISA unless they pay mega fees for every tiny USDC tx.

SOL is the one they will use most...this is why Circle built around SOL.

People use VISA credit/debit cards for small daily transactions...
Only SOL lets you spend $10 to 1cent USDC , the amount doesn't matter its almost free and the receiver will always get paid instantly.

[moderator's note: consecutive posts merged]

[bbc.reporter]

https://decrypt.co/63170/visa-completes-first-cryptocurrency-transaction-on-ethereum
"VISA Completes First Cryptocurrency Transaction on Ethereum
Visa has announced that it will allow transactions to be settled using the cryptocurrency stablecoin USD Coin.

In brief
Visa has announced support for USD Coin to be used to settle transactions on its payments network.
The announcement is part of a wider pivot to the crypto industry for the payments giant."

This is very good news for Ethereum holders. However, I speculate that this might only be another news similar to Ripple’s partnerships with banks that were really not partnerships but only experiments on the platform by someone in the bank’s cyber department. Also, who uses USDC and where are they accepted?

[start the art]

After many years,I am going Eth NFT art...so if you want to catch some of my remaining original paintings....please PM
https://www.youtube.com/watch?v=ufdQ7-Og05Y
Thanks RYAN TAYLOR for support
https://twitter.com/RTaylor05/status/1376590144292065283

[Mechesinor]

Greetings guys

[corel]

VISA using first ethereum transaction is a big news but I a not sure it is so smart until transactions get lower with some updates.
Still totally bullish for Ethereum.

That meaning now the gas price will rise even more? Where is their conscience?