[ANN] Ethereum: Welcome to the Beginning

[safar1980]

This Market Bearish may take long time to recover!
Let's explore project's like the #Callisto_Network , and earn the $CLO through Mining,and cold staking.

#Miners
#ETH

Dyor 👇
https://callisto.network

Mining on video cards?

[zasad@]

https://ihodl.com/topnews/2022-10-31/vitalik-buterin-criticizes-restrictive-regulation-crypto-sector/
Vitalik Buterin Criticizes Restrictive Regulation of Crypto Sector

https://twitter.com/VitalikButerin/status/1586559614380044288?
"Another maybe-controversial take of mine is that I don't think we should be enthusiastically pursuing large institutional capital at full speed. I'm actually kinda happy a lot of the ETFs are getting delayed. The ecosystem needs time to mature before we get even more attention."

[safar1980]

Is it dangerous to store coins and tokens in Ethereum due to the risk of payment censorship in the Ethereum?
I have seen that 59-70% of blocks are subject to payment censorship.

[zasad@]

https://www.cryptopolitan.com/vitalik-buterin-updated-ethereum-roadmap/
Vitalik Buterin shares an updated roadmap of Ethereum
"   
Vitalik Buterin, one of the co-founders of Ethereum, published an updated version of the Ethereum roadmap on Saturday. In the statement, he outlines his plans to implement a number of changes to the Ethereum network after the Merge in order to address a variety of issues, including censorship, block verification, and centralization."

[wavessurfing]

Is it dangerous to store coins and tokens in Ethereum due to the risk of payment censorship in the Ethereum?
I have seen that 59-70% of blocks are subject to payment censorship.

link, please

[FP91G]

link, please

available on the same page

https://cryptoslate.com/op-ed-is-ethereum-now-under-u-s-control-99-of-latest-relay-blocks-are-censoring-the-network/
Op-Ed: Is Ethereum now under U.S. control? 99% of latest relay blocks are censoring the network
Roughly 63% of all Ethereum blocks produced in the last 24 hours were OFAC compliant. Industry experts ask "why is nobody talking about this?"

Ethereum Shanghai upgrade: EIP-3651 to cut gas fees for key network participants
Traders using builders to execute their complex trades could save a significant chunk of their gas fees as they no longer have to pay for failed transactions.
https://cointelegraph.com/news/ethereum-shanghai-upgrade-eip-3651-to-cut-gas-fees-for-key-network-participants

[zasad@]

https://coingape.com/ethereum-price-down-by-21-over-228-million-liquidated/
Ethereum Price Down By 21%; Over $228 Million Liquidated
"Data presented by Coinglass depicts that more than $228 million have been liquidated from Ethereum in the last 24 hours. Around $160 million has been liquidated on the long position. This represents 70% of all the positions set by the traders.
As per the data, around 392,520 traders have liquidated more than $838 million. The largest single liquidation transaction was recorded on Binance of $6.7 million."

[FP91G]

Worldwide electricity consumption ‘drops 0.2%’ as Ethereum crypto mines shut down, researcher claims
Before ‘the Merge’, the world’s second-largest cryptocurrency had similar energy demands to the Netherlands
Worldwide electricity consumption has dropped by 0.2 per cent after the world’s second largest cryptocurrency switched to a “green blockchain”, according to developers.
https://www.independent.co.uk/independentpremium/world/ethereum-merge-energy-buterin-crypto-b2168924.html

[royalfestus]

How did we get here that ETH staking withdrawal has been suspended indefinitely and people are queit about it?

[zasad@]

I am having problems accessing old ETH address created with Ledger Nano S and MEW a few years ago. I assume it is because of an exotic derivation path I used back then. Is there any way (or tool) to determine the derivation path from a provided ETH address?

If you changed the derivation path yourself, you will have to select this path by brute force. And I change the derivation path in a third-party program when I want to get access to the second and subsequent wallets on the ledger.

[becoin]

How did we get here that ETH staking withdrawal has been suspended indefinitely and people are queit about it?

It was quite obvious where eth central bank (aka eth foundation) goes right after the first eth fork years ago!

[JollyGood]

The link you provided is behind a paywall making it unreadable unless payment is made to sign up to their subscription but I think the point you made has been noted but the claim has been disputed by some and dismissed by others:
Nasdaq Article

I have to say there is big difference between what Vitalik Buterin stated citing data suggested a reduction in 0.2 energy consumption as a result of Ethereum moving to Proof of stake and that actually happening. There is no evidence there was any increase or decrease in worldwide energy consumption as a result of Ethereum abandoning their proof or work set-up.

When those mining farms, businesses and individuals stopped mining ETH (after it moved to proof of stake), they switched over to mining any other proof of work crypto they thought would be lucrative and that process in itself would not facilitate any noticeable drop of energy consumption on a global level.

Worldwide electricity consumption ‘drops 0.2%’ as Ethereum crypto mines shut down, researcher claims
Before ‘the Merge’, the world’s second-largest cryptocurrency had similar energy demands to the Netherlands
Worldwide electricity consumption has dropped by 0.2 per cent after the world’s second largest cryptocurrency switched to a “green blockchain”, according to developers.
https://www.independent.co.uk/independentpremium/world/ethereum-merge-energy-buterin-crypto-b2168924.html

[zasad@]

https://hackmd.io/@vbuterin/proof_of_solvency
Having a safe CEX: proof of solvency and beyond
Most updated version will be here:
https://vitalik.ca/general/2022/11/19/proof_of_solvency.html

"Conclusions: the future of better exchanges
In the short term, there are two clear "classes" of exchanges: custodial exchanges and non-custodial exchanges. Today, the latter category is just DEXes such as Uniswap, and in the future we may also see cryptographically "constrained" CEXes where user funds are held in something like a validium smart contract. We may also see half-custodial exchanges where we trust them with fiat but not cryptocurrency."

[FP91G]

The hacker behind the theft of more than $447 million of crypto from the crypto exchange FTX has been again spotted moving their ill-gotten funds.
Accoding to Etherscan data, between 4:11 to 4:17 pm UTC on November 21, the attacker moved a total of 180,000 Ether across 12 newly created wallets — each receiving 15,000 ETH. The total amount moved totaled $199.3 million at current prices.
https://cointelegraph.com/news/on-the-move-ftx-hacker-splits-nearly-200m-in-eth-across-12-wallets

[krostue]

buy the dip, right?
I have some domains im offering for the lowest price yet.

ethereum.solutions - http://ebay.com/itm/325435173425

ethereum.support - http://ebay.com/itm/325435175641

ethereum.systems - http://ebay.com/itm/325435177129

ethereum.construction - http://ebay.com/itm/325435178619

ethereum.computer - http://ebay.com/itm/325435179576

ethereum.training - http://ebay.com/itm/325435181863

ethereum.contractors - http://ebay.com/itm/323767431809

I registered these when they were first available. They have been unused since.
PM serious offers if you dont want to use ebay

[montaga]

The hacker behind the theft of more than $447 million of crypto from the crypto exchange FTX has been again spotted moving their ill-gotten funds.
Accoding to Etherscan data, between 4:11 to 4:17 pm UTC on November 21, the attacker moved a total of 180,000 Ether across 12 newly created wallets — each receiving 15,000 ETH. The total amount moved totaled $199.3 million at current prices.
https://cointelegraph.com/news/on-the-move-ftx-hacker-splits-nearly-200m-in-eth-across-12-wallets

Exchanges warned to be on alert for frantic attempts to dump stolen FTX ETH
https://www.newsnow.co.uk/h/Business+&+Finance/Cryptocurrencies/Blockchain
https://www.cnbc.com/2022/11/21/ftx-theft-hackers-start-to-launder-477-million-of-stolen-crypto.html
FTX, its executives, and SBF's parents bought 19+ properties in the Bahamas worth ~$121M over the past two years as “residence for key personnel”
https://www.reuters.com/technology/exclusive-bankman-frieds-ftx-parents-bought-bahamas-property-worth-121-mln-2022-11-22/

[zasad@]

https://www.coindesk.com/tech/2022/11/24/ethereum-software-firm-consensys-reveals-it-collects-user-data/
Ethereum Software Firm ConsenSys Reveals it Collects User Data
"The firm said when using Infura as an RPC on MetaMask, a user's IP address and wallet address information would also be collected.
One of the firms behind the Ethereum merge, ConsenSys, said on Thursday that it also collects user data related to its on-chain wallet service MetaMask.
The revelation comes days after decentralized crypto exchange (DEX) Uniswap made a similar update to its privacy policy, as reported."

[flareonbtc]

Ethereum still has long ways to go. Still early in adoption.

[zasad@]

Ethereum still has long ways to go. Still early in adoption.

It is impossible to make one blockchain that will be perfect for the whole world. The main development should be in tier 2 solutions, where transactions are cheaper and higher throughput. If the TPS in Ethereum gives out up to 1000 or 3000, then this will not change the situation.

[FP91G]

Staking technology provider Kiln has closed out a $17.8 million fundraising round featuring the likes of Consensys and Kraken Ventures. The company believes there’ll be “exponential” growth in demand for Ether.
Ethereum’s recent transition to proof-of-stake (PoS) consensus also leads Sazbo to believe that demand for ETH staking will “grow exponentially.” His firm cited data from other PoS protocols that see between 50-80% of assets staked, in comparison to the 12.5% of ETH’s total supply currently staked in the Beacon Chain contract.
https://cointelegraph.com/news/staking-tech-firm-kiln-closes-17-8-million-eyes-future-eth-staking-demand