[ANN] Ethereum: Welcome to the Beginning

[zasad@]

yes, so not any possible use in current life.

https://www.gasnow.org
ETH: Transfer   Rapid $7.64   Fast $6.16
If you pay with Ethereum coins, then the commission will be small, because these payments will not use smart contracts.
If the developers start phase 1, then users will be able to send transactions to the Ethereum 2.0 system, and the fees there will be minimal. And I think that at the beginning of next year or at the end of this year, phase 1 will be launched.

[Termie]

this rebellious ETH miner-gang should better buck up and pull together with the ETH "executive board" again
Binance coin/BSC is coming closer with big steps 🤘

[JollyGood]

I hope they put more much effort in trying to find ways to lower high fees but London seems good to me 

Why using name of London city for next Ethereum fork?
They should use some better names like Metropolis or Gotham for example.

[zasad@]

A few days left before the launch of the Berlin hard fork on the Ethereum network
https://etherscan.io/block/countdown/12244000
Difficulty bomb will launch too
https://etherscan.io/block/countdown/12800000
In the next 4 months, many interesting events await us on the Ethereum network. We have to wait for the official date of the next hard fork.

[thenextking]

very good

[zasad@]

When can we stake with this scam creation Ethereum platform?

What kind of staking are you asking? Ethereum staking or staking other tokens?
Ethereum validators
https://beaconcha.in/validators

__
New Miner-Extractable Value (MEV) statistics:
https://etherchain.org/miner
What Is Miner-Extractable Value (MEV)?
https://blog.chain.link/what-is-miner-extractable-value-mev/

[percy_tc]

Looks like there is problem with Berlin? :

https://github.com/openethereum/openethereum/issues/354

[zasad@]

https://twitter.com/etherscan/status/1382658550669856768
https://github.com/openethereum/openethereum/issues/353

"Update: After block # 12 244 294 in the network, we fixed problems with synchronizing nodes with the OpenEthereum 3.2.1 software version.
According to Etherscan, only this client was affected by the consensus error. The developers are already studying the incident.
Most of the network runs on the Geth client (82.6% of all nodes). OpenEthereum is used primarily by data providers like Etherscan and Coin Metrics."
https://forklog.com/v-seti-ethereum-sostoyalsya-hardfork-berlin/

[revilo]

Looks like there is problem with Berlin? :

https://github.com/openethereum/openethereum/issues/354

What is the reason for calling all this Berlin? Anyone has information on that?

[percy_tc]

Looks like there is problem with Berlin? :

https://github.com/openethereum/openethereum/issues/354

What is the reason for calling all this Berlin? Anyone has information on that?

They use Devcon city names.

[JollyGood]

Now trading at $2495 and getting stronger and stronger. ETH price is going from all time high to all time high 

[MoneyJ]

Ethereum 2.0 is on the horizon and things are really interesting in Layer 2 application plus staking features. It will definitely power Web 3.0 in my opinion where financial institutions would benefit such platform.

[Daniwahyu007]

Now trading at $2495 and getting stronger and stronger. ETH price is going from all time high to all time high 

extraordinary price achievement for ETH now, but the fee for transfer is very high. Hopefully there will be an affordable gas fee alternative

[zasad@]

The developers have eliminated the desynchronization of the Ethereum blockchain and talked about the reasons for the bug
https://ttrcoin.com/razrabotchiki-ustranili-rassinhronizaciyu-blokcheyna-ethereum-i-rasskazali-o-prichinah-baga.13693/

The problem was related to a specific type of transaction that was introduced in Berlin. Open Ethereum clients calculated the cost of one such transaction differently from the rest of the network nodes, which is why the whole block of transactions was invalidated by them. As a result, the Etherscan blockchain explorer stopped working, and the BitStamp and Coinbase exchanges temporarily limited the withdrawal of ETH and ERC20 tokens.

“OpenEthereum estimated the price of this transaction with a small error, which caused all further problems (the block was rejected as invalid),” explained Martin Keppelmann, CEO of Gnosis.

According to Go Ethereum developer Marius van der Weyden, the bug was so subtle that it could not be detected during all stages of preliminary testing.

“After installing the update, the Open Ethereum nodes should be able to restore sync without any problems. For example, they don't have to resynchronize from block zero or manually delete a block, ”added Keppelmann.

Based on feedback from users and my experience with transactions that I made today, the commissions on the network have not decreased.
Looking forward to the next hard fork.

[Inagame]

Interesting how testing is never finding those hidden bugs, but ethereum developers fixed this Berlin bug and after that we see same old high fees for transactions.
We need lower fees.

[Dron Pelya]

Many traders are waiting for increasing ETH price in near future. I thought that Berlin would be one of the reason of this increasing. But as I see, there are a lot of users dissatisfaction after this hardfork. Anyway, ETH is on the way to v.2.0, so maybe price will be really higher soon.

[raji1995naya]

The fees for Ethereum gas are insane. The conversion price on a limited number of tokens is less than the overall value of the tokens. Many projects are looking forward to switching from the Ethereum network to the TRC20 chain. If you don't think about it, you'll miss a lot of people.

[meysonYo]

Many traders are waiting for increasing ETH price in near future. I thought that Berlin would be one of the reason of this increasing. But as I see, there are a lot of users dissatisfaction after this hardfork. Anyway, ETH is on the way to v.2.0, so maybe price will be really higher soon.

Of course, many members of the cryptocommunity see the global problem of Ethereum - these are huge commissions on the network. Until this problem is resolved, no additional updates can somehow increase the demand and price for ETH globally.

[zasad@]

Interesting how testing is never finding those hidden bugs, but ethereum developers fixed this Berlin bug and after that we see same old high fees for transactions.
We need lower fees.

I am sure that the next hard fork will not solve the problem of expensive fees.
All development efforts will be directed towards the merger of Ethereum 1.0 and Ethereum 2.0
https://ethmerge.com/
I will quote again:

Depending on the result of the prototypes being built during the ETHGlobal Hackathon and the first results of the first Eth 2.0 PoS hard fork, a decision will be made (in June 2021) on whether or not the Eth 1.0 PoW "Shanghai" hard fork will focus on Eth 1.0 Ethereum Improvement Proposals (EIPs) or if "The Merge" will become the top priority. The Shanghai hard fork is currently expected to take place in Q1 2022.

Miners mine more than 4 million coins, after the merger, the emission will drop by 4 times.
Think how many times the price of Ethereum can rise?

[temple]

The developers have eliminated the desynchronization of the Ethereum blockchain and talked about the reasons for the bug
https://ttrcoin.com/razrabotchiki-ustranili-rassinhronizaciyu-blokcheyna-ethereum-i-rasskazali-o-prichinah-baga.13693/

The problem was related to a specific type of transaction that was introduced in Berlin. Open Ethereum clients calculated the cost of one such transaction differently from the rest of the network nodes, which is why the whole block of transactions was invalidated by them. As a result, the Etherscan blockchain explorer stopped working, and the BitStamp and Coinbase exchanges temporarily limited the withdrawal of ETH and ERC20 tokens.

“OpenEthereum estimated the price of this transaction with a small error, which caused all further problems (the block was rejected as invalid),” explained Martin Keppelmann, CEO of Gnosis.

According to Go Ethereum developer Marius van der Weyden, the bug was so subtle that it could not be detected during all stages of preliminary testing.

“After installing the update, the Open Ethereum nodes should be able to restore sync without any problems. For example, they don't have to resynchronize from block zero or manually delete a block, ”added Keppelmann.

Based on feedback from users and my experience with transactions that I made today, the commissions on the network have not decreased.
Looking forward to the next hard fork.

!!!

Was the actual goal of this update to push transaction costs down? The tx fees are insane right now and urgently need to decrease. Anything that can be considered a micro transaction is just not feasible, thereby excluding a large part of the ETH user base from actively using the network. Bad times right now and I hope there is light at the end of the tunnel.