Inagame
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November 01, 2021, 09:23:59 AM |
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Ethereum fees are so high now that it makes Uniswap and all other dex unusable, so I understand why people are making layer2 but we don't need 100 projects making layers. Now Metis and what is next? Testicles maybe
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Mrpumperitis
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November 01, 2021, 03:22:23 PM |
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Ethereum fees are so high now that it makes Uniswap and all other dex unusable, so I understand why people are making layer2 but we don't need 100 projects making layers. Now Metis and what is next? Testicles maybe https://forkast.news/vitalik-buterin-layer-2-future-of-ethereum-scaling/Layer 2 solutions that have been launched include Polygon Hermez, Loopring, ZKSync, Optimism and Arbitrum One. The current cost to transfer ETH on Polygon Hermez is US$0.25 compared to US$6.84 for Ethereum, Buterin said. https://cointelegraph.com/news/vitalik-proposes-solution-to-link-certain-layer-two-scaling-projectsThe proposal outlines how two protocols using rollups can communicate with each other while maintaining interconnectivity and composability. Metisdao will be a huge part of ETH, the team behind it is amazing....and no one here knows anything about Metisdao.. .but soon everyone will. 1-sec/few-cent tx, cheap/native data storage, NOCODE integration, Web3 economy hub.
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Bitcoin - Blockchain 1.0 (2009) Ethereum - Blockchain 2.0 (2015) Partisia - Blockchain 3.0 (2021)
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zasad@
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November 03, 2021, 01:04:02 PM Merited by vapourminer (1) |
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New eip-4396 for Proof-of-Stake algorithm https://github.com/ethereum/EIPs/blob/186f930697148e0eb2b526d9f16b06bf2e4ae605/EIPS/eip-4396.mdhttps://github.com/ethereum/EIPs/pull/4396Accounts for block time in the base fee calculation to target a stable throughput by time instead of by block. "This EIP proposes accounting for time between blocks in the base fee calculation to target a stable throughput by time, instead of by block. Aiming to minimize changes to the calculation, it only introduces a variable block gas target proportional to the block time. The EIP can, in principle, be applied to either a Proof-of-Work or a Proof-of-Stake chain, however the security implications for the Proof-of-Work case remain unexplored."
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Mrpumperitis
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November 04, 2021, 09:46:28 PM |
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https://www.youtube.com/watch?v=01WRqBVpXK0&t=2sVitalik Buterin: The Crypto Genius Behind Ethereum 4 Nov 2021 Metis team at 6min
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Bitcoin - Blockchain 1.0 (2009) Ethereum - Blockchain 2.0 (2015) Partisia - Blockchain 3.0 (2021)
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gembitz
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November 05, 2021, 06:15:01 PM |
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ETC is the real ethereum (((NFT pirates inkoming)))) * weeeeeee
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©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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Dron Pelya
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November 08, 2021, 09:04:45 AM |
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Ethereum fees are so high now that it makes Uniswap and all other dex unusable, so I understand why people are making layer2 but we don't need 100 projects making layers. Now Metis and what is next? Testicles maybe Layer2 is really neccessary. If we get low gas fee and fast transaction, it will give ETH new impulse for development. But in order to realize all things they have eplanned, they need to build powerfull ecesystem (of corse, it shouldn't include 100 projects).
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Mrpumperitis
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November 08, 2021, 04:51:40 PM Last edit: November 08, 2021, 05:08:25 PM by Mrpumperitis |
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Ethereum fees are so high now that it makes Uniswap and all other dex unusable, so I understand why people are making layer2 but we don't need 100 projects making layers. Now Metis and what is next? Testicles maybe Layer2 is really neccessary. If we get low gas fee and fast transaction, it will give ETH new impulse for development. But in order to realize all things they have eplanned, they need to build powerfull ecesystem (of corse, it shouldn't include 100 projects). Yea... VISA and Mastercard will be using a few chains for USDC by end of the year which include, SOL, ALGO, Matic and ETH. I was always curious how VISA could use ETH1 being slow,expensive and with low throughput... assuming they would use SOL and the others until ETH2 was ready....but why would they use Matic? I began studying layer 2 ETH tech...and its awesome, it brings ETH1 to the next gen...high throughput,low fees ,near instant send. i believe we will be seeing USDC and many other stablecoins appearing on Metis (its more than 10x cheaper than Matic and more through/faster) 100% confident VISA/Mastercard will be using Metis for USDC soon aswell.
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Bitcoin - Blockchain 1.0 (2009) Ethereum - Blockchain 2.0 (2015) Partisia - Blockchain 3.0 (2021)
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safar1980
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Payment Gateway Allows Recurring Payments
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November 12, 2021, 11:04:24 AM |
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New gminer https://t.me/NewsSoleniy/7396hashrate is unlocked by 90%
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zasad@
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November 12, 2021, 03:13:03 PM |
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https://blog.ethereum.org/2021/11/10/arrow-glacier-announcement/Arrow Glacier Upgrade Announcement Posted by Tim Beiko on November 10, 2021 "The Ethereum network will be undergoing a scheduled upgrade at block number 13,773,000, which is predicted to occur on Wednesday, December 8, 2021. The exact date is subject to change due to variable block times and timezones. Please upgrade your node before Wednesday, December 5, 2021 to account for the variable block times."
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Majormax
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November 14, 2021, 02:17:46 PM |
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https://blog.ethereum.org/2021/11/10/arrow-glacier-announcement/Arrow Glacier Upgrade Announcement Posted by Tim Beiko on November 10, 2021 "The Ethereum network will be undergoing a scheduled upgrade at block number 13,773,000, which is predicted to occur on Wednesday, December 8, 2021. The exact date is subject to change due to variable block times and timezones. Please upgrade your node before Wednesday, December 5, 2021 to account for the variable block times." A lot of upgrades are scheduled for the next year or so. Possibly the institutional interest in ETH may be holding back until Fees/Scaling issues are solved, and glitches in that process (which are perceived as inevitable) are ironed-out.
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r_victory
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November 14, 2021, 06:49:20 PM |
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Is there any possibility that the fees will decrease after this upgrade? Since the intention is always to improve the system and I believe this is something that lately has been bothering many who use the Ethereum network and made a good part migrate to other blockchains.
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Translations from English to Portuguese at affordable prices. Send me a PM here on the forum or contact me via Telegram: @cryptoheart
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Inagame
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November 14, 2021, 09:16:20 PM |
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Get ready for big dump from ethereum foundation with 20,000 ETH sent to Kraken exchange. That is what you get when you premine 70% of supply
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onecall123
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November 17, 2021, 03:26:11 AM |
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Is there any possibility that the fees will decrease after this upgrade? Since the intention is always to improve the system and I believe this is something that lately has been bothering many who use the Ethereum network and made a good part migrate to other blockchains.
As the ETH network demand reaches all time highs, gas fees cannot be expected to decrease any time soon. Even though system improvements are happening and will continue, there is no guarantee they will meet our expectations. Yet, ETH will soon experience the law of supply and demand, resulting in a price increase. This will result in even higher gas prices. Fortunately, we have the option of migrating to another blockchain.
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zasad@
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November 17, 2021, 07:37:27 AM |
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Vitalik shared his thoughts on crypto cities and how blockchain can be used to manage the economy of these cities. https://vitalik.ca/general/2021/10/31/cities.html"Blockchains can be very useful in both the more incremental and more radical ideas that were proposed here, even despite the inherently "trusted" nature of a city government."
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safar1980
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November 18, 2021, 11:30:52 AM |
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🚨 Ethereum miners: Plan for PoW to end in 3-6 months (personal estimation) If you are a small hobbyist considering mining as an investment, please reconsider! By trent.eth @trent_vanepps source https://twitter.com/trent_vanepps/status/1460994206223290378
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zasad@
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November 18, 2021, 04:07:51 PM |
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https://weekinethereumnews.com/Week in Ethereum News November 13, 2021 "Multi-client devnet to switch off PoW expected late next week Discussion of how execution layer clients will identify network upgrade for PoW switch off" https://twitter.com/TimBeiko/status/1459240133752856577
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| | Peach BTC bitcoin | │ | Buy and Sell Bitcoin P2P | │ | . .
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r_victory
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November 18, 2021, 04:08:14 PM |
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As the ETH network demand reaches all time highs, gas fees cannot be expected to decrease any time soon. Even though system improvements are happening and will continue, there is no guarantee they will meet our expectations. Yet, ETH will soon experience the law of supply and demand, resulting in a price increase. This will result in even higher gas prices. Fortunately, we have the option of migrating to another blockchain.
Unfortunately, I have some ERC20 tokens that I would like to sell and the fee is absurd, most of the time the Swap is more expensive than the total value of the tokens. Is there any way to convert the ERC20 into BEP20 or another protocol, is there any such service?
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Translations from English to Portuguese at affordable prices. Send me a PM here on the forum or contact me via Telegram: @cryptoheart
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tbct_mt2
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November 18, 2021, 04:13:57 PM |
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Unfortunately, I have some ERC20 tokens that I would like to sell and the fee is absurd, most of the time the Swap is more expensive than the total value of the tokens. Is there any way to convert the ERC20 into BEP20 or another protocol, is there any such service?
You have no choice now. Accept expensive cost from swap, transaction fee or simply hold those tokens. Wait for any upgrade from Ethereum that can reduce transaction fee on its network very considerably. If your problem is low value of your tokens, and if you swap them, transaction fee will eat up all the value, the best choice is hold them and hope that they will rise up in value as well as transaction fee on Ethereum network will fall down. Or they will be deployed, bridged to other chains with cheaper transaction fee.
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