[ANN] Ethereum: Welcome to the Beginning

[safar1980]

Digiconomist estimates that Ethereum miners currently consume 44.49 TWh per year which works out to 5.13 gigawatt on a continuing basis. This means that PoS is ~2000x more energy efficient based on the conservative estimates above, which reflects a reduction of at least 99.95% in total energy use.
https://digiconomist.net/ethereum-energy-consumption/
If energy consumption per-transaction is more your speed, that’s ~35Wh/tx (avg ~60K gas/tx) or about 20 minutes of TV. By contrast, Ethereum PoW uses the equivalent energy of a house for 2.8 days per transaction and Bitcoin consumes 38 house-days worth.



https://blog.ethereum.org/2021/05/18/country-power-no-more/

[1715346498]

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[1715346498]

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[MoneyJ]

The Ethereum is a fundamental project with good development prospects and a very strong community. The fall of the market did not pass by the ether, but I hope this is just overclocking to update new levels. Good time to buy.

The price is necessarily below $2,000.

What I have been observing is that we are now officially on the bear market. But Eth is and will steadily go to its correction once bitcoin has stabilized its price . Come in July better watch out for ETH 2.0 and be vigilant about it .

[fat buddah]

could be that we see new ATH for ethereum but it won't happen with bitcoin

[Peer-Sil]

Where  could I find a roadmap or dates about the next coming announcements?

Is there an announcement in June or July?

[zasad@]

Where  could I find a roadmap or dates about the next coming announcements?

Is there an announcement in June or July?

Updated Roadmap from Vitalik. His famous tweet
https://twitter.com/VitalikButerin/status/1333922620857745408?

You can find most of the useful information here:
ETH News
https://weekinethereumnews.com

ETH blog
https://blog.ethereum.org/

fat buddah
I think it will depend on how the Ethereum 2.0 phase 2 launch goes.

[bbc.reporter]

I am beginning to speculate that Vitalik and his team knew what they are doing by releasing EIP 1559 on July while staking is allowed already. On December they release Ethereum 2.0 when the market bubble usually bursts. Will this help stop the negative effects of the burst on the marketcap hehe?

[jqprez]

I am beginning to speculate that Vitalik and his team knew what they are doing by releasing EIP 1559 on July while staking is allowed already. On December they release Ethereum 2.0 when the market bubble usually bursts. Will this help stop the negative effects of the burst on the marketcap hehe?

If i must stake my ether i prefer stake my dollars in Bank, honestly.

[budlo]

As for me, ether now looks more attractive than bitcoin. The next London update is coming soon, which in such a market can have a good effect on the price.

[Piston Honda]

z0mg dumped lol (shocker)   

[redwine49]

coincidentally, the collapse of ethereum came immediately after Vitali Buterin burned 40% of shiba inu. The market did not like it.

i don't think so. ETH price is going down because of bitcoin crash.

That's what I put my money on Ethereum. Currently EIP1559 is in the last call that is BEFORE accepted, we have seen huge development as of now yet because of Bitcoin market ETH follows down. Ethereum is setup to run, so there bunches of room for everybody to win at this moment.

well if you bought ETH last year you may have your profit but 1.5k$ / ETH is still very possible right now.
and it will be very bad for altcoins including ETH if bitcoin will be going down below 20k$ marks.

[onecall123]

coincidentally, the collapse of ethereum came immediately after Vitali Buterin burned 40% of shiba inu. The market did not like it.

i don't think so. ETH price is going down because of bitcoin crash.

That's what I put my money on Ethereum. Currently EIP1559 is in the last call that is BEFORE accepted, we have seen huge development as of now yet because of Bitcoin market ETH follows down. Ethereum is setup to run, so there bunches of room for everybody to win at this moment.

well if you bought ETH last year you may have your profit but 1.5k$ / ETH is still very possible right now.
and it will be very bad for altcoins including ETH if bitcoin will be going down below 20k$ marks.

what you said really does make lot of sense. Look at the charts you’ll see they both played out a lot of something very similar. On the move now maybe but if Bitcoin drops further, like you said will take everything with it. It all moves up and down mostly together, so if it falls to $20k, guess what? It’ll take the entire market with it.

[hush]

coincidentally, the collapse of ethereum came immediately after Vitali Buterin burned 40% of shiba inu. The market did not like it.

i don't think so. ETH price is going down because of bitcoin crash.

That's what I put my money on Ethereum. Currently EIP1559 is in the last call that is BEFORE accepted, we have seen huge development as of now yet because of Bitcoin market ETH follows down. Ethereum is setup to run, so there bunches of room for everybody to win at this moment.

well if you bought ETH last year you may have your profit but 1.5k$ / ETH is still very possible right now.
and it will be very bad for altcoins including ETH if bitcoin will be going down below 20k$ marks.

what you said really does make lot of sense. Look at the charts you’ll see they both played out a lot of something very similar. On the move now maybe but if Bitcoin drops further, like you said will take everything with it. It all moves up and down mostly together, so if it falls to $20k, guess what? It’ll take the entire market with it.

BTC is the king of the crypto universe so there is no doubt if another crash would happen than surely all other projects will follow it but it's hard to say at this point where nothing is clear. I am holding my ETH as it has more big potential than other projects.

[zasad@]

Vitalik Buterin, the 27-year old Russian-Canadian programmer and creator of Ethereum,
told CNN Business in an exclusive interview that he believes cryptocurrency is now a significant part of the new world,
emphasizing that a large group of people now utilize it as a currency.
https://fullycrypto.com/vitalik-buterin-crypto-is-a-significant-part-of-the-new-world
Interview
https://edition.cnn.com/2021/05/20/investing/vitalik-buterin-ethereum-billionaire/index.html

[Daltonik]

A few statistics: The volume of blocked funds in the Ethereum 2.0 deposit contract reached 5.21 million ETH $13.99 billion at the current exchange rate. There are 154,489 validators running in Ethereum 2.0. There is 4.943 million ETH in the stake.

[Lunar Crank]

coincidentally, the collapse of ethereum came immediately after Vitali Buterin burned 40% of shiba inu. The market did not like it.

i don't think so. ETH price is going down because of bitcoin crash.

Defienetly, burning of Shiba inu by Vitalik wasn't a reason of market falling. Didn't you see that all market had reacted to BTC price decreasing? In this case we have to talk about reasons of falling BTC price. But ETH is dependent from BTC as all other coins.

[zasad@]

A useful resource for statistics of validators and comparing the number of validators with other popular blockchains.
https://stakers.info/

8.6% of Ethereum is staked through the Lido project
https://twitter.com/LidoFinance/status/1399330959552548865
"More than 450,000 ETH now staked with Lido"

[Daltonik]

Antivirus manufacturers are joining the support of programs for mining Ethereum, for example, NortonLifeLock announced the launch of Norton Crypto.  The service will allow you to easily and safely mine Ethereum within the framework of the Norton 360 platform. According to the company, Norton Crypto will allow users to retain access to their wallets in the event of a hard disk failure. The service accumulates the minted coins in the cloud

[tbct_mt2]

A useful resource for statistics of validators and comparing the number of validators with other popular blockchains.
https://stakers.info/

8.6% of Ethereum is staked through the Lido project
https://twitter.com/LidoFinance/status/1399330959552548865
"More than 450,000 ETH now staked with Lido"

The info for validators only emphasize the decentralization of Ethereum network. Cardano looks to have a good decentralized network with more than 2 thousands of validators.

Where is Binance Smart Chain? It is a joke but I know Binance Smart Chain is very centralized with about or less than 50 validators.

Messari researchers slam Binance Smart Chain over centralized validators

43 validators as of writing

[Termie]

43 validators as of writing

there are always only 21 active validators at BNB, rest is on standby.
heard Binance wanna decentralize their network more, by distributing their nodes at three different office rooms

[Mrpumperitis]

Vitalik...another great interview by Lex.
https://www.youtube.com/watch?v=XW0QZmtbjvs

Great to hear from VB