[ANN] Ethereum: Welcome to the Beginning

[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?!

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[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?

[In the silence]

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?

Still the best move for Visa for adopting ethereum blockchain, This april the development will be pushed and another on July. So all is well, the gas is high but it will be low in the future.

[zasad@]

https://twitter.com/etherchain_org/status/1377392548876984322
"#Ethermine MEV has earned ~22 $ETH in the past 4 days for the upcoming
@gitcoin
rounds! Raising hands"


https://beaconcha.in/pools

About 50% of validators are cryptocurrency exchanges and other services

https://www.gasnow.org/
BEST ETH Gas Price forecast system
Estimated Cost of Transfers & Interactions

[chainganginc]

why is Eth pegged to Bitcoin? they move in sync   I think eth will be worth around 25 thousand if Bitcoin hits 1 million if it doesnt develop into another stage. I guess it depends on how well eth 2.0 does and adoption into institutions. Would be good if college students could invest more into Eth. college sports could be a great way for eth and NFT's to raise money or pay athletes a percentage. fees kill smh

[JollyGood]

This website is very handy, the price estimator will be helpful to many. I never heard of the website before reading your post so thank you 

https://www.gasnow.org/
BEST ETH Gas Price forecast system
Estimated Cost of Transfers & Interactions

[chainganginc]

Fees are going to hurt eth in the long run like Bitcoin has become a asset for people who have hundreds of thousands or better

[JollyGood]

ETH is doing very well right now, it is trading at $2150 which is excellent for investors to see. Rather than see the price go up and down fast it is better to see a slow climb which is exactly what is happening right now.

[rahmat86]

what is the etherum solution to making fees cheaper? I think this fee is very expensive when compared to the previous year when many ICO projects appeared using blockchain etherum

[In the silence]

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?

Still the best move for Visa for adopting ethereum blockchain, This april the development will be pushed and another on July. So all is well, the gas is high but it will be low in the future.

The gas means nothing if you are pure investors. Ethereum nearly reach $2000USD. Hopefully top news and ETH up-gradation strikes again. None one have thought that Ethereum would go from $30 to $2000 so still the best move. We won't stay down there for long. Just look at then and now, picture is clear. I think April is going to be explosive for ETH.

Its starting! Now crossing $1.1k and will surely continue to rise to $1.5k. 🥳🥳🥳

[JollyGood]

You mean it is crossing $2100 right?   

Its starting! Now crossing $1.1k and will surely continue to rise to $1.5k. 🥳🥳🥳

[chainganginc]

bitcoin will go up after Coinbase IPO listing and altcoins will gain crazy

[zasad@]

https://scaling.ethglobal.co/

Rayonism is a scaling project around the ETH Global Scaling Hackathon (April 16 - May 14), experimenting with Merge and Sharding Eth1-Eth2 testnets.
https://rayonism.io/

"Roadmap
This is an illustrative roadmap, highly uncertain. Note that this is a month-long (!!!) hackathon. We are ambitious, and may implement some shortcuts to ship.

March 28: Initial Merge specs land in dev eth2.0-specs
March 29: Rayonism project starts
Early April: Initial Phase 1 refactor lands in eth2.0-specs, modularizing Sharding
Early April: target for Eth2-Eth1 devnet following the Merge specs
April 16: ETHGlobal Scaling Hackathon starts
Mid April: Sharding minimal viable specs target (No Custody Game or Data Availability Sampling)
During hackathon:
develop merge functionality on top of participating Eth1 and Eth2 clients
develop sharding functionality on top of participating Eth2 clients, enable KZG in EVM on Eth1
Stretch goal: Initial L2, Optimism-Eth2 prototype
May 14: Hackathon ends
Post-hackathon: launch public trial testnet with Merge and Sharding"

After the Berlin and London hard forks, all forces will be directed towards the merger of Eth 1.0 and Eth 2.0

[safar1980]

What are your thoughts on the launch of EIP-1559?

[JollyGood]

I am not sure how much any IPO will affect the crypto market overallor how much credit Coinbase can/will take if mass take-up of crypto occurs because everything seems to be going upwards anyway.

bitcoin will go up after Coinbase IPO listing and altcoins will gain crazy

[zasad@]

Client Integration Testnet Specification - Aleut
https://github.com/ethereum/eth1.0-specs/blob/master/client-integration-testnets/aleut.md
"The specification for the Aleut Client Integration Tesnet. Clients who wish to sync need to implement the following features into their client. It is for testing basic infrastructure and will be deprecated."

https://weekinethereumnews.com/
"London testnet Aleut to include EIP1559 and EIP3198 (BASEFEE opcode). EIP3238 (difficulty bomb delay) must also be in London.
Potential London/Shanghai EIPs include: EIP3403 (disable gas refunds), EIP3074 (AUTH and AUTHCALL) and EIP2537 (BLS precompile)"