[ANN] Ethereum: Welcome to the Beginning

[zasad@]

https://twitter.com/AlexSlobodnik/status/1551945294446821376?

slobo.eth(C)

"1/ ENS name wrapper is almost here 🧵👇

what is it?

the name wrapper grants the ability to turn any .eth name into a ERC1155 NFT

2/ wrapping a .eth domain enables the parent domain to restrict what can occur with subdomains

the owner of example.eth can allow the creation of sub1.example.eth and restrict further subdomaining

this prevents sub1 from creating sub2.sub1.example.eth

3/ the name wrapper works by introducing the concept of fuses (rights), such as the right to:

- transfer
- subdomain further
- set text records

each fuse can be enabled/disabled permanently & irrevocably

another words unruggable subdomains are almost here
..
"

[PolcaInvest]

The Arbitrum Rinkeby migration to Nitro has begun
https://twitter.com/arbitrumdevs/status/1552708091778662400?s=21&t=EMcl4pCfjzUg4zLQVjipoA

[zasad@]

https://twitter.com/TimBeiko/status/1552382163391090688
"Prater will run through the Bellatrix upgrade on August 4th, and merge with Goerli between August 6-12th: if you run a node or validator, this is your last chance to go through the process before mainnet 🚨"

https://blog.ethereum.org/2022/07/27/goerli-prater-merge-announcement/
Goerli/Prater Merge Announcement

[skyland999]

The Arbitrum Rinkeby migration to Nitro has begun
https://twitter.com/arbitrumdevs/status/1552708091778662400?s=21&t=EMcl4pCfjzUg4zLQVjipoA

So it was near, i almost offline for 1 years and see some good development for upcoming POS Eth, That was really great!!

[zasad@]

https://decrypt.co/106598/ethereum-name-service-domain-registrations-hit-all-time-high-as-merge-approaches
Ethereum Name Service Domain Registrations Hit All-Time High as Merge Approaches
More than 1.8 million ENS Domain names have been registered, and adoption by non-English speaking communities are rising.

https://twitter.com/ensdomains/status/1554099225352290304?
"July 2022 stats for ENS

- 378K new .eth registrations (total 1.86m names)
- $6.8m in protocol revenue (all goes to the DAO)
- 5,400 ETH in revenue (highest ever month)
- 48K new eth accounts w/ at least 1 ENS name (total 508k)
- >99% of OpenSea domain vol"

[sp_]

What about POS could trigger dumping the premined? Most of them are probably held by the principals who govern Eth.

Happy price now. Please stake more. The premined stake holders are leaving and wish you good luck with POS...

[zooboomafoo1234]

Reading the early replies to this from 2014 -- especially the ones with a lot of FUD -- are pretty entertaining in retrospect 

[JollyGood]

Piston !!!

I return to this thread after ages and find you here doing what you do best 

ngmi

[Drawesome]

Hi everyone,

There is something I don't understand about the merge. The moment the bacon chain merges with the mainnet, ¿Who is signing the new blocks? ¿Miners, validators, or both?

Thanks

[FP91G]

F2Pool co-founder responds to allegations it's cheating the Ethereum POW system
The response comes after researchers in Israel alleged the mining pool has been manipulating Ethereum block timestamps to obtain higher mining rewards.
https://cointelegraph.com/news/f2pool-co-founder-responds-to-allegations-it-s-cheating-the-ethereum-pow-system

Researchers say they discovered consensus level attack on Ethereum — miners cheating the system to earn more
https://cryptoslate.com/researchers-say-they-discovered-consensus-level-attack-on-ethereum-miners-cheating-the-system-to-earn-more/

[zasad@]

Hi everyone,

There is something I don't understand about the merge. The moment the bacon chain merges with the mainnet, ¿Who is signing the new blocks? ¿Miners, validators, or both?

Thanks

You will find many answers on this site.
https://ethmerge.com/

See how the merger took place in test networks.
https://blog.ethereum.org/2022/08/03/sepolia-post-merge-upgrade/

Merge Community Call #6 #580
https://github.com/ethereum/pm/issues/580

The Goerli/Prater merger is due by August 12th and after the Merge Community Call there will be more information about the merge in the ETH ecosystem.

[FP91G]

Ethereum Merge on track as Goerli test merge successfully finalized
With the Goerli merge going successfully, there is growing confidence that there will be no further delays to the Ethereum Merge set for mid-September.
https://cointelegraph.com/news/sept-19-ethereum-merge-date-on-track-as-goerli-test-merge-successfully-finalized

[KellyHands]

Ethereum Merge on track as Goerli test merge successfully finalized
With the Goerli merge going successfully, there is growing confidence that there will be no further delays to the Ethereum Merge set for mid-September.
https://cointelegraph.com/news/sept-19-ethereum-merge-date-on-track-as-goerli-test-merge-successfully-finalized

It's nice to see that the process is on full gear and would be finalized soon. Please I'll like to know how the merge will affect an ordinary user like myself. Do I need to move my ethereum out of my wallet to an exchange to get the new version of ethereum. I've been trying to follow the news but don't seem to understand how it relates to individuals holding small quantities ethereum. I'll appreciate more information in this light.

[Eridan_world]

Ethereum Merge on track as Goerli test merge successfully finalized
With the Goerli merge going successfully, there is growing confidence that there will be no further delays to the Ethereum Merge set for mid-September.
https://cointelegraph.com/news/sept-19-ethereum-merge-date-on-track-as-goerli-test-merge-successfully-finalized

It's nice to see that the process is on full gear and would be finalized soon. Please I'll like to know how the merge will affect an ordinary user like myself. Do I need to move my ethereum out of my wallet to an exchange to get the new version of ethereum. I've been trying to follow the news but don't seem to understand how it relates to individuals holding small quantities ethereum. I'll appreciate more information in this light.

Yes, I would also like to know such details. I came here to ask, but you got ahead of me.

[zasad@]

https://twitter.com/vitalikbuterin/status/1558072902972473344

"The terminal total difficulty has been set to 58750000000000000000000.

This means the ethereum PoW network now has a (roughly) fixed number of hashes left to mine.

https://bordel.wtf predicts the merge will happen around Sep 15, though the exact date depends on hashrate."


https://twitter.com/econoar/status/1557753528721948672    

[estenity]

Ethereum Merge on track as Goerli test merge successfully finalized
With the Goerli merge going successfully, there is growing confidence that there will be no further delays to the Ethereum Merge set for mid-September.
https://cointelegraph.com/news/sept-19-ethereum-merge-date-on-track-as-goerli-test-merge-successfully-finalized

It's nice to see that the process is on full gear and would be finalized soon. Please I'll like to know how the merge will affect an ordinary user like myself. Do I need to move my ethereum out of my wallet to an exchange to get the new version of ethereum. I've been trying to follow the news but don't seem to understand how it relates to individuals holding small quantities ethereum. I'll appreciate more information in this light.

Yes, I would also like to know such details. I came here to ask, but you got ahead of me.

same details asked.

[r_victory]

Created in 2015, the Ethereum network has undergone a major evolution since then. In search of constant improvements in the functioning of the blockchain, developers have created the most varied scalability solutions. Among them are rollups, praised by the network's creator, Vitalik Buterin, who believes that ZK Rollups can outperform their predecessor, Optimistic Rollups.

One of the main goals of a rollup is to reduce network transaction fees. In this sense, Buterin expects that to carry out a transaction on Ethereum, each user will spend between US$0.02 and US$0.05 with ZK Rollups, a value far below what is currently happening.

“So today, rollups like operating fees are usually $0.10 and sometimes $0.10 and in the future with rollups with all communications like the operating costs over the which rollups can drop to $0.05, or maybe even $0.02. Much cheaper, much more affordable, and a complete game-changer,” said the creator of the world’s second-largest blockchain during an event in Seoul, South Korea.

[Drawesome]

You will find many answers on this site.
https://ethmerge.com/

See how the merger took place in test networks.
https://blog.ethereum.org/2022/08/03/sepolia-post-merge-upgrade/

Merge Community Call #6 #580
https://github.com/ethereum/pm/issues/580

The Goerli/Prater merger is due by August 12th and after the Merge Community Call there will be more information about the merge in the ETH ecosystem.

Thanks, now I get it. The difficulty bomb is supposed to prevent a fork and the fork would occur precisely because the Ethereum chain will be only PoS after the merge

[bitcampaign]

Created in 2015, the Ethereum network has undergone a major evolution since then. In search of constant improvements in the functioning of the blockchain, developers have created the most varied scalability solutions. Among them are rollups, praised by the network's creator, Vitalik Buterin, who believes that ZK Rollups can outperform their predecessor, Optimistic Rollups.

One of the main goals of a rollup is to reduce network transaction fees. In this sense, Buterin expects that to carry out a transaction on Ethereum, each user will spend between US$0.02 and US$0.05 with ZK Rollups, a value far below what is currently happening.

“So today, rollups like operating fees are usually $0.10 and sometimes $0.10 and in the future with rollups with all communications like the operating costs over the which rollups can drop to $0.05, or maybe even $0.02. Much cheaper, much more affordable, and a complete game-changer,” said the creator of the world’s second-largest blockchain during an event in Seoul, South Korea.

this is what i am waiting for where i have so many tokens in my ETH wallet but can't be transacted because the fee is very expensive if it is transacted at this time, hope ETH can be better with cheaper and faster transaction fees

[r_victory]

[AMA] We are the Go Ethereum (Geth) Team (18 August 2022)

The first AMA with the Go Ethereum (Geth) team!

Members of the Go Ethereum Team @ Ethereum Foundation are here to answer questions throughout the day. Fire away!

**NOTICE: This AMA begins at 09:00 UTC on 18 August, and will remain active until an end-notice is posted **

https://www.reddit.com/r/ethereum/comments/wpqmo1/ama_we_are_the_go_ethereum_geth_team_18_august/