[ANN] Ethereum: Welcome to the Beginning

[zasad@]

At the risk of asking a very dumb question: Can someone explain to me how balances are added up in Ethereum?
Take this address on Blockchair.com for example. I would explect to add the IN values and subtract the OUT values, but if I do that, I end up negative. Starting at the bottom:
Value: 14.76460117-0.25549460792244-4.7008466996913-2.418450506546063-3.862402665130086-3.985543928631006=-0.45813723792

What am I missing here?

This is not bitcoin 

https://etherscan.io/address/0x8c81c1b4e1aa9cc0fd5b2d85be35ff11a0d65ea2

Ethereum still has internaltx
https://etherscan.io/address/0x8c81c1b4e1aa9cc0fd5b2d85be35ff11a0d65ea2#internaltx

https://support.bitpay.com/hc/en-us/articles/360050782511-What-are-Eth-Internal-Transactions-
"!What are internal transactions?
Simply put, internal transactions are transactions between contracts.

Internal transactions, despite the name, are not actual transactions. When two smart contracts "interact,'' the product or consequence of this interaction is a transaction. However, that transaction does not exist on the ETH blockchain. They are value transfers that were initiated by executing a smart contract (smart contract Ether or token transfer). They are like a byproduct of smart contract functionality. "

[FP91G]

Approximate day of difficulty bomb start

"Some new charts. Back in December, I was asked to predict 15-second blocks by mid-June. Impossible to be certain, but I wouldn’t be surprised if this were the case.
The red line is June 15.
The dashed red lines are the last time we were at the same period in each of the previous forks. Much higher hash rates now has tamped down the effect, but that won’t last forever."

Source:  https://ethresear.ch/t/blocks-per-week-as-an-indicator-of-the-difficulty-bomb/12120/19

[zasad@]

there is nothing that ethereum can do with gas costs still expensive so far and eth2.0 which is predicted to cut expensive costs and speed up transactions, there is currently no realization when it will start rolling out.
we are not sure whether eth2.0 will be able to cut costs and speed up transactions, because so far it is only based on their reports.
As long as costs haven't been cut, the clear beneficiary is BSC, Solana, Polygon, but the one who wins is BSC because it's supported by a good exchange.
we will wait very soon for eth2.0 to be launched soon so there will be many alternatives available and exhilarating crypto.

Polygon is one of Ethereum's L2 solutions. Ethereum 2.0 will not immediately solve the problems with expensive transactions. be prepared to use L2 solutions for a few more years or more. Sharding will probably be activated in 2023, if we see the Merge in the 3rd or 4th quarter of 2022.

[r_victory]

Ethereum preparing a 'bear trap' ahead of the Merge — ETH price to $4K next?

An ascending triangle setup promises a significant rebound in the Ethereum price in 2022.

Ethereum's native token, Ether (ETH), faces downside risks in a higher interest rate environment. But one analyst believes that the token's next selloff move could turn into a bear trap as the market factors in the possible release of the Merge this coming August.

Continue reading here...

[zasad@]

Ethereum preparing a 'bear trap' ahead of the Merge — ETH price to $4K next?

An ascending triangle setup promises a significant rebound in the Ethereum price in 2022.

Ethereum's native token, Ether (ETH), faces downside risks in a higher interest rate environment. But one analyst believes that the token's next selloff move could turn into a bear trap as the market factors in the possible release of the Merge this coming August.

Continue reading here...

The current reward of miners is approximately 12,000 coins per day. After the merger, the issuance will decrease by 4.4 million coins per year, this should have a good effect on the price, because miners will not sell coins. The price of ethereum could drop below $2,000 now.

[FP91G]

"Here’s my prediction for blocktimes assuming hashrate stays consistent. Disclaimer: This is based on reported block timestamps which may differ materially from the actual time between blocks."

Source:   https://ethresear.ch/t/blocks-per-week-as-an-indicator-of-the-difficulty-bomb/12120/21

[zasad@]

https://decrypt.co/101342/solana-overtakes-ethereum-daily-nft-trading-trippin-ape-tribe
Not Trippin': Solana Overtakes Ethereum in Daily NFT Trading Volume
Solana NFTs generated more money than Ethereum’s during a 24-hour span due in large part to the launch of the Trippin’ Ape Tribe collection.
"Solana NFT sales generated more money than Ethereum NFTs during a 24-hour span, per data from CryptoSlam.
The newly-launched Trippin’ Ape Tribe project on Solana is leading all NFT projects in trading volume over the past day."

[Super Protocol]

Won't this and next year be a long one to reduce all projects, it will be nice if it doesn't last. If in a year there is nothing that will not happen in the countries, such as the global crisis, the Ethereum will have a good year.

[zasad@]

https://cryptobriefing.com/seven-blocks-reorganized-on-ethereum-beacon-chain/
Seven Blocks Reorganized On Ethereum Beacon Chain
All eyes are on the Ethereum Beacon Chain as the Merge approaches.
"Key Takeaways
Ethereum’s Beacon Chain has experienced a 7-block deep reorganization.
Developers claim the error came from out-of-date client software and known bugs.
The Merge is still tentatively scheduled for August."

[piebeyb]

When ETH 2.0?

[tbearhere]

When ETH 2.0?

I hope never   but last I heard was August. 

[piebeyb]

When ETH 2.0?

I hope never   but last I heard was August. 

High gas costs are very annoying 

[zasad@]

When ETH 2.0?

I hope never   but last I heard was August. 

High gas costs are very annoying 

The merge will not solve the problem of high commissions. Sharding will help reduce fees, but this may take several years.
https://decrypt.co/101532/ethereum-merge-eth-2
Ethereum's Merge is Coming and the Stakes Couldn't Be Higher
The most important upgrade in blockchain history is slated for August. And the outcome of the Ethereum merge has huge implications for all of crypto.

[chrysophylax]

When ETH 2.0?

I hope never   but last I heard was August.  

High gas costs are very annoying  

The merge will not solve the problem of high commissions. Sharding will help reduce fees, but this may take several years.
https://decrypt.co/101532/ethereum-merge-eth-2
Ethereum's Merge is Coming and the Stakes Couldn't Be Higher
The most important upgrade in blockchain history is slated for August. And the outcome of the Ethereum merge has huge implications for all of crypto.

Well ...

The impact will not be as heavy you make it out to be.

There will be changes, but I can see it all being something of a NewsHype considering the Main thing they want is to get things working as they are, include some changes, and keep things running smooth.

PoW removal is the hard part for such a large NetWork - but ALL of Crypto? Hardly!

#crysx #cwi

[Piston Honda]

NGMI................................

[zasad@]

Mega Merge Resource List
https://notes.ethereum.org/@MarioHavel/merge-resources

https://hackmd.io/@benjaminion/eth2_news/https%3A%2F%2Fhackmd.io%2F%40benjaminion%2Fwnie2_220520
"#WenMerge
Huge excitement on Twitter arising from the Merge panel at the Permissionless conference. Apparently Preston said that, if everything goes to plan, we should Merge in August, and Justin Drake backed him up stating a “strong desire” to get it done in August without delaying the difficulty bomb. Remember, friends, you heard it here first."

[FP91G]

The Ethereum Ropsten Merge testnet's first upgrade is scheduled for June 2, and will be complete on June 8.
Ethereum Merge could reduce the altcoin's issuance by 90%, Bloomberg analysts argue this could fuel an Ethereum rally.

https://www.fxstreet.com/cryptocurrencies/news/how-ethereum-price-will-react-after-developers-complete-the-merge-testnet-upgrade-in-one-week-202205311134

[Streamixio]

It`s just one of 5 good crypto projects that will survive bear market

[becoin]

Wow! Faketoshi has hired marketing shills.

[piebeyb]

Wow! Faketoshi has hired marketing shills.

looks annoying when hearing BSV on the ETh thread here