[ANN] Ethereum: Welcome to the Beginning

[bitcampaign]

ETHW is cheap at $50.

hello sir where do you see ETHW for $50, if it's the right price I might buy it from my savings, can you include the exchange link on that ETHW pair, maybe it will be nice if you reply to my message here

You can find ETHW/USDT trading pairs on Gate.io, MEXC Global, Phemex, and Poloniex, or ETHW/USD on Bitifinex.

thanks for your reply, I just saw it on global mexc and was trading there while reading the explanation about what is ETHW? because I still haven't read the latest news about it and why it's cheaper than the original ETH price

[r_victory]

The Merge is coming: UPGRADE YOUR CLIENTS!

• The Bellatrix upgrade is scheduled for epoch 144896 on the Beacon Chain – 11:34:47am UTC on Sept 6, 2022
• The TTD value triggering The Merge is 58750000000000000000000, expected between 10-20 Sep 2022

https://twitter.com/ethereum/status/1564288006898458627

[sp_]

CNBC Claims Only One Cofounder Directly Working On Ethereum As Merge Approaches

https://thecryptobasic.com/2022/08/29/cnbc-claims-only-one-cofounder-directly-working-on-ethereum-as-merge-approaches/

[bitcampaign]

The Merge is coming: UPGRADE YOUR CLIENTS!

• The Bellatrix upgrade is scheduled for epoch 144896 on the Beacon Chain – 11:34:47am UTC on Sept 6, 2022
• The TTD value triggering The Merge is 58750000000000000000000, expected between 10-20 Sep 2022

https://twitter.com/ethereum/status/1564288006898458627

this is the news everyone in this thread has been waiting for including me cant wait for the results of the merge hope it will work and boost the price of ETH , i invested in ETH since last month so lets wait for good results to come from this thread

[theskillzdatklls]

CNBC Claims Only One Cofounder Directly Working On Ethereum As Merge Approaches

https://thecryptobasic.com/2022/08/29/cnbc-claims-only-one-cofounder-directly-working-on-ethereum-as-merge-approaches/

I don't think that so much matters because 7 companies independently developed their version of ETH2.0 and the way the protocol is set up, all 7 have to fail simultaneously for the merge to fail. It doesn't really matter if an original dev is involved or not, the same way it doesn't matter all too much if Satoshi is developing Bitcoin or not.

[zasad@]

Merge countdown
https://coinmarketcap.com/events/eth-merge/

Vitalik Buterin Announces "Proof of Stake" Book
https://twitter.com/VitalikButerin/status/1564804705997361153?

""Proof of Stake", the (physical and digital) book compiling various writings I've made over the last ~10 years, will be out in a month!

You can get a signed digital copy and NFT here: https://proofofstake.gitcoin.co

My share of the proceeds all goes to
@gitcoin grants public goods!"

[sp_]

While I truly support decentralized mining (best achieved with gpus) I am absolutely DISGUSTED by the ETHW or eg. DCRN project.

Etheremine announced today that their staking pool will be without US citizens. The new POS network will move away from US servers because the POS holders are financing the biggest money laundering network in the world and their funds can be confiscated. Ethereum 2.0 will becoma a Tornado POS network owned and run from Russia, Iran and North Korea.

The law is simple.

Stablecoins will have to leave the network because all of the validators are banned from the US. That's why we need ETHW and POW mining. A safe, legal and secure place for the stablecoins.

https://beincrypto.com/eth-mining-pos-activities-prohibited-says-data-service-provider/

[sp_]

If you buy a Kebab Shop in New york City for 32 ETH ($50 000) and use it to launder money, the FBI will shut it down and take your investment. Tornado cash is an illegal Coin that is running on the Ethereum Smart contract network, a stake validator is indirectly supporting this illegal activity by validating and profiting on these transactions.

https://coingape.com/future-of-privacy-coins-uncertain-after-tornado-cash-ban/

[theskillzdatklls]

If you buy a Kebab Shop in New york City for 32 ETH ($50 000) and use it to launder money, the FBI will shut it down and take your investment. Tornado cash is an illegal Coin that is running on the Ethereum Smart contract network, a stake validator is indirectly supporting this illegal activity by validating and profiting on these transactions.

https://coingape.com/future-of-privacy-coins-uncertain-after-tornado-cash-ban/

I don't think it's actually illegal. For it to actually be illegal and hold up in court, they'd have to argue that open source code is not free speech. I think it's all a facade to stir up some drama at tax payer expense before they ultimately lose in court years down the road.

[FP91G]

We are proud to announce Ethermine Staking! 🎉

Ethermine Staking is an investment based on ETH_STORE, an objective and transparent reference rate based on Ethereum Proof-of-Stake.

Invest as little as 0.1 ETH
https://twitter.com/ethermine_org/status/1564563654699372545


Ethermine Staking - Ethereum 2.0 Staking Pool. We offer a custodial solution for users who wish to stake on ethereum without having to run their own hardware.
https://staking.ethermine.org/
https://staking.ethermine.org/statistics

[sp_]

https://ethernodes.org/client/geth?synced=1

1.10.23 version of get includes the difficulty bomb and end of ethereum POW. Still only 40% has upgraded to the latest version.

Miningpools in favour of the fork with upgraded wallets. (Move your rigs away from these pools)
Ethermine (28%)
Hiveon    (10%)
Flexpool  (4%)

(~40%)

Miningpools that have not yet decided (~60%):
f2pool.com    (15%) (will probobly upgrade soon)
2miners.com   (8%)
nanopool.org    (3%)
miningpoolhub.com (2%)
ezil.me (2%)
...
alot of smaller pools

[zasad@]

https://decrypt.co/108791/ethereum-merge-almost-here-what-could-go-wrong
The Ethereum Merge Is Almost Here. What Could Go Wrong?

https://twitter.com/DU09BTC/status/1559962260340195330?
"#Ethereum is officially transitioning to a centralized blockchain on 15 September (the merge). 👇

I got proof. Four entities hold 60% of the network:

🔹 Lido - 31%
🔹 Coinbase - 14.7%
🔹 Kraken - 8.4%
🔹 Binance - 6.7%

✅ TOTAL: 60.8%

Does anyone think this is NOT an issue?"



https://decrypt.co/108787/ens-touts-third-highest-month-of-revenue-as-ethereum-merge-approaches
Ethereum Name Service Touts Third-Highest Monthly Revenue as Merge Approaches
Crypto domains are seeing a continued lift as the ETH universe prepares for its next major milestone.

[percy_tc]

https://decrypt.co/108791/ethereum-merge-almost-here-what-could-go-wrong
The Ethereum Merge Is Almost Here. What Could Go Wrong?

https://twitter.com/DU09BTC/status/1559962260340195330?
"#Ethereum is officially transitioning to a centralized blockchain on 15 September (the merge). 👇

I got proof. Four entities hold 60% of the network:

🔹 Lido - 31%
🔹 Coinbase - 14.7%
🔹 Kraken - 8.4%
🔹 Binance - 6.7%

✅ TOTAL: 60.8%

Does anyone think this is NOT an issue?"



https://decrypt.co/108787/ens-touts-third-highest-month-of-revenue-as-ethereum-merge-approaches
Ethereum Name Service Touts Third-Highest Monthly Revenue as Merge Approaches
Crypto domains are seeing a continued lift as the ETH universe prepares for its next major milestone.

It is not a problem as lot of individual users has their funds on those platform.

[sp_]

https://ethernodes.org/client/geth?synced=1

1.10.23 version of get includes the difficulty bomb and end of ethereum POW. Still only 40% has upgraded to the latest version.

Miningpools in favour of the fork with upgraded wallets. (Move your rigs away from these pools)
Ethermine (28%)
Hiveon    (10%)
Flexpool  (4%)

(~40%)

Miningpools that have not yet decided (~60%):
f2pool.com    (15%) (will probobly upgrade soon)
2miners.com   (8%)
nanopool.org    (3%)
miningpoolhub.com (2%)
ezil.me (2%)
...
alot of smaller pools

Welcome to the new beginning... Why do you let alphazero and stockfish challance the "Magnus carlsen Bot" when you can challenge your creator of the planet..

[theskillzdatklls]

https://decrypt.co/108791/ethereum-merge-almost-here-what-could-go-wrong
The Ethereum Merge Is Almost Here. What Could Go Wrong?

https://twitter.com/DU09BTC/status/1559962260340195330?
"#Ethereum is officially transitioning to a centralized blockchain on 15 September (the merge). 👇

I got proof. Four entities hold 60% of the network:

🔹 Lido - 31%
🔹 Coinbase - 14.7%
🔹 Kraken - 8.4%
🔹 Binance - 6.7%

✅ TOTAL: 60.8%

Does anyone think this is NOT an issue?"



https://decrypt.co/108787/ens-touts-third-highest-month-of-revenue-as-ethereum-merge-approaches
Ethereum Name Service Touts Third-Highest Monthly Revenue as Merge Approaches
Crypto domains are seeing a continued lift as the ETH universe prepares for its next major milestone.

I'm not sure if it is technically feasible or not but it would be interesting if there was a protocol level feature where any major staking pool was given less rewards and smaller staking pools / individuals were given artificially more rewards to incentivize distributed behavior.

That said, I'm guessing the major problem is that this is simply too easy to fake and therefore perhaps technically infeasible.

MintDice.com for instance has been doing it's part to help service the network in a distributed fashion but it's nothing compared to Binance or LIDO. And yet smaller stakers like this are critical to the network. So it would be cool if there were a mechanism to help force market forces in that direction.

[theskillzdatklls]

Looks like Bellatrix went off without a hitch. If anything, a lot of ETH buying pre-fork trading at around 0.084 per BTC which is extremely high.

So the merge is ~100% to happen next week now. And I guess the crypto world will just have to wait and see how that experiment works in the medium term.

[FP91G]

How the Merge will Change Ether’s Supply-Demand Dynamics as Miners Get Phased Out
The cryptocurrency community has continued to root for a successful Merge, with exchanges already opting for the PoS network post-merge. OpenSea, Coinbase, Binance, Circle, and Tether have all announced they plan to support ETH 2.0. Consequently, the support for the PoS ETH has raised concerns that the ETH PoW may not be successful in the long run.
https://tokenist.com/how-the-merge-will-change-ethers-supply-demand-dynamics-as-miners-get-phased-out/

[percy_tc]

I'm a miner since 2016, but it's time to let POW go away. It was golden times, but POS is better in any way.

[zasad@]

https://twitter.com/abcoathup/status/1565205804487102464
"mainnet-shadow-fork-12 merged successfully using Merge ready client releases 🐼
Second last shadow fork before Mainnet merge!"

https://twitter.com/abcoathup/status/1565663270173696000

"mainnet-shadow-fork-13 config:https://github.com/eth-clients/merge-testnets/tree/main/mainnet-shadow-fork-13

TTD expected Friday September 9
The last shadow fork before the Merge 🐼"

https://blog.ethereum.org/2022/09/07/esp-q1-q2-allocation-update
Allocation Update: Q1 and Q2 2022

Ethereum The Merge Countdown
https://explorer.btc.com/activity/eth/merge

[bitcampaign]

I'm a miner since 2016, but it's time to let POW go away. It was golden times, but POS is better in any way.

at least lowering the cost of gas which is much better when people can make transactions on the Ethereum network, usually anything that smells of POW there is always a game of naughty miners playing the network as if making gas costs high so that it can make additional profits for miners besides get a block reward they also get a reward fee, that sucks in my opinion