There have been many articles about Ethereum becoming centralized.
https://zycrypto.com/ethereum-becoming-highly-centralized-after-transition-to-proof-of-stake-pundits-warn/
The Ethereum network has recently faced criticism following its Merge, which switched the blockchain to a Proof-of-Stake consensus mechanism.
New data suggest that exchanges on the blockchain now control over 60% of mining pools.
Analysts cite expensive staking fees and market dominance as reasons for exchanges having an edge in staking Ethereum (ETH).
Topic: [ANN] Ethereum: Welcome to the Beginning - page 11. (Read 2004007 times)
How Flashbots is taking over Ethereum block proposals
https://protos.com/how-flashbots-is-taking-over-ethereum-block-proposals/
https://protos.com/how-flashbots-is-taking-over-ethereum-block-proposals/
In a way, this article just confirms what was mentioned in this one: https://protos.com/heres-why-ethereum-2-staking-is-risky-and-increases-centralization/
“Only the wealthy can participate in Ethereum 2 as an independent validator, while ordinary users must pool their funds and delegate their votes”, the article states.
The network will become extremely centralized and uneven.
https://www.crypto-news-flash.com/ethereum-now-connected-with-google-groundbreaking-feature-released-that-deletes-data-protection-completely/
Ethereum now connected with Google: Groundbreaking feature released that deletes data protection completely
"Meanwhile, the latest integration by Google has generated a lot of reactions from members of the community. Vittorio Rivabella, Developer Relations Manager of Web3 development platform Alchemy reacted to the development. Rivabella describes the integration of the Ethereum address search feature as “Bullish.” However, SadPanda.blockchain, the former editor-in-chief at Web3ArtBlog.NFT, gave a different reaction to the development. The editor argued that Google “will sell our blockchain data to advertisers in order to target us via our wallets.”"
How Flashbots is taking over Ethereum block proposals
https://protos.com/how-flashbots-is-taking-over-ethereum-block-proposals/
Ethereum now connected with Google: Groundbreaking feature released that deletes data protection completely
"Meanwhile, the latest integration by Google has generated a lot of reactions from members of the community. Vittorio Rivabella, Developer Relations Manager of Web3 development platform Alchemy reacted to the development. Rivabella describes the integration of the Ethereum address search feature as “Bullish.” However, SadPanda.blockchain, the former editor-in-chief at Web3ArtBlog.NFT, gave a different reaction to the development. The editor argued that Google “will sell our blockchain data to advertisers in order to target us via our wallets.”"
How Flashbots is taking over Ethereum block proposals
https://protos.com/how-flashbots-is-taking-over-ethereum-block-proposals/
The Securities and Exchange Commission is moving to take action against Ethereum that reaches far beyond America’s borders.
Second, the SEC’s allegation that transactions occurring on the Ethereum blockchain are subject to U.S. jurisdiction because more of Ethereum’s nodes are located in the U.S. than any other country would expand the SEC’s reach far beyond the United States. Based on that reasoning, the SEC could assert jurisdiction over an Ethereum-based token developed in Germany, offered and sold in Germany exclusively to Germans, because the cluster of Ethereum nodes in the U.S. means that the transactions effectively occurred in the United States. Such an outcome would seem highly unlikely to pass legal muster.
https://cointelegraph.com/news/federal-regulators-are-preparing-to-pass-judgment-on-ethereum
They are aiming at top and old cryptocurrencies. After Ripple XRP, their eyes are on Ethereum but I have more belief in Ethereum than Ripple.Second, the SEC’s allegation that transactions occurring on the Ethereum blockchain are subject to U.S. jurisdiction because more of Ethereum’s nodes are located in the U.S. than any other country would expand the SEC’s reach far beyond the United States. Based on that reasoning, the SEC could assert jurisdiction over an Ethereum-based token developed in Germany, offered and sold in Germany exclusively to Germans, because the cluster of Ethereum nodes in the U.S. means that the transactions effectively occurred in the United States. Such an outcome would seem highly unlikely to pass legal muster.
https://cointelegraph.com/news/federal-regulators-are-preparing-to-pass-judgment-on-ethereum
If Ethereum can survive after that, it will blossom in next bull run that I believe it will. SEC's alleagation is sucked and it is hilarious to see they are very low with response to what they think is not right and disobey their regulations. If it is wrong, they should do such allegation years ago.
So waiting for about 10 years to release allegation against Ethereum, they are mad totally. Just like how they want to attack Binance BNB.
https://www.eip4844.com/
"EIP-4844 introduces a new kind of transaction type to Ethereum which accepts "blobs" of data to be persisted in the beacon node for a short period of time. These changes are forwards compatible with Ethereum's scaling roadmap, and blobs are small enough to keep disk use manageable."
https://beincrypto.com/learn/eip-4844/
What is EIP-4844
In this guide:
What are EIPs?
How does danksharding work?
What is EIP-4844 (The proto-danksharding proposal)?
The impact of EIP-4844 (proto-danksharding)
EIP-4844 roadmap
How will EIP-4844 help users?
Will EIP-4844 help scale the Ethereum blockchain?
Frequently asked questions
https://www.youtube.com/watch?v=Oc_e7YJQl-I&t=13s
EIP-4844 Breakout Room #4
"EIP-4844 introduces a new kind of transaction type to Ethereum which accepts "blobs" of data to be persisted in the beacon node for a short period of time. These changes are forwards compatible with Ethereum's scaling roadmap, and blobs are small enough to keep disk use manageable."
https://beincrypto.com/learn/eip-4844/
What is EIP-4844
In this guide:
What are EIPs?
How does danksharding work?
What is EIP-4844 (The proto-danksharding proposal)?
The impact of EIP-4844 (proto-danksharding)
EIP-4844 roadmap
How will EIP-4844 help users?
Will EIP-4844 help scale the Ethereum blockchain?
Frequently asked questions
https://www.youtube.com/watch?v=Oc_e7YJQl-I&t=13s
EIP-4844 Breakout Room #4
The Securities and Exchange Commission is moving to take action against Ethereum that reaches far beyond America’s borders.
Second, the SEC’s allegation that transactions occurring on the Ethereum blockchain are subject to U.S. jurisdiction because more of Ethereum’s nodes are located in the U.S. than any other country would expand the SEC’s reach far beyond the United States. Based on that reasoning, the SEC could assert jurisdiction over an Ethereum-based token developed in Germany, offered and sold in Germany exclusively to Germans, because the cluster of Ethereum nodes in the U.S. means that the transactions effectively occurred in the United States. Such an outcome would seem highly unlikely to pass legal muster.
https://cointelegraph.com/news/federal-regulators-are-preparing-to-pass-judgment-on-ethereum
Second, the SEC’s allegation that transactions occurring on the Ethereum blockchain are subject to U.S. jurisdiction because more of Ethereum’s nodes are located in the U.S. than any other country would expand the SEC’s reach far beyond the United States. Based on that reasoning, the SEC could assert jurisdiction over an Ethereum-based token developed in Germany, offered and sold in Germany exclusively to Germans, because the cluster of Ethereum nodes in the U.S. means that the transactions effectively occurred in the United States. Such an outcome would seem highly unlikely to pass legal muster.
https://cointelegraph.com/news/federal-regulators-are-preparing-to-pass-judgment-on-ethereum
cheap transactions on the Ethereum network should be done on weekends because I've always seen gas costs only 4 gwei to 10 gwei in the past few weeks I've noticed since the merger and it keeps dropping if on weekends, at least I can make transactions this weekend
Arab Blockchain Week 2022
ABW22 is a week-long online and in-person gathering that will feature all blockchain events targeting Arab regions. The decentralized community-organized initiative aspires to support the growth of blockchain and crypto adoption across the Arab region.
https://www.arabblockchainweek.com/
ABW22 is a week-long online and in-person gathering that will feature all blockchain events targeting Arab regions. The decentralized community-organized initiative aspires to support the growth of blockchain and crypto adoption across the Arab region.
https://www.arabblockchainweek.com/
Shanghai EIPs Candidates
https://ethereum-magicians.org/tag/shanghai-candidate
Erigon
https://erigon.substack.com/p/post-merge-release-of-erigon-dropping
"Erigon 2 progress
As described in one of the previous posts, the plan was for Erigon 2 to include three upgrades, which we now call Erigon 2.1, Erigon 2.2, and Erigon 2.3. It is still the plan. We can say that Erigon 2.1 has been shipped, it is now part of the all releases. There are still issues once in a while, but for most users, the functionality works. To recap, Erigon 2.1 has brought:"
https://ethereum-magicians.org/tag/shanghai-candidate
Erigon
https://erigon.substack.com/p/post-merge-release-of-erigon-dropping
"Erigon 2 progress
As described in one of the previous posts, the plan was for Erigon 2 to include three upgrades, which we now call Erigon 2.1, Erigon 2.2, and Erigon 2.3. It is still the plan. We can say that Erigon 2.1 has been shipped, it is now part of the all releases. There are still issues once in a while, but for most users, the functionality works. To recap, Erigon 2.1 has brought:"
IMO, most of the miners after the merge, they've turned off their rigs and just waiting for that opportunity for another coin to be mined. It's still testing the waters before they come and turn on their rigs again.
About the global issue, it has its part on the market as to why we're experiencing this downturn. It's very likely that due to it, most of the markets have been affected by it and we can't do anything about it.
About the global issue, it has its part on the market as to why we're experiencing this downturn. It's very likely that due to it, most of the markets have been affected by it and we can't do anything about it.
ETH has a lot of stuff attached/built on it, some of its mass comes from being in the first projects of its kind and successfully taking off.
I don't see a worthy successor yet - successor to POW + a Network with multiple layers like ETH, there are pretenders but they couldn't beat ETH and wont be as it switched to POW basically retiring on its own terms.
There's no other way for them to beat it as of the moment but just by making their project more extraordinary than it was before.
-snip-
in other words it seems like now might be a bad time to invest? need advice so when do you think is the right time to invest, is it a week or a month? because I want to invest in eth
in other words it seems like now might be a bad time to invest? need advice so when do you think is the right time to invest, is it a week or a month? because I want to invest in eth
There is a bear market going on! We are in a downtrend! You should trade with the trend. I have only been shorting for months because I have to eat. This does not mean that I ignore holdings for the long term. Shorting is how I hedge them. Additionally, I hold long-term investments for both the money and the cause!
Miners dumping ETH and liquidating combined with selling their GPU-s as prices drop and only a few coins are to mine but even those are in the RED.
Add to this the problems of Global Economy and Global Politics being heated like Russia/China mingling and facing economic slowing which can easily turn out to be a collapse esp China.
IMO, most of the miners after the merge, they've turned off their rigs and just waiting for that opportunity for another coin to be mined. It's still testing the waters before they come and turn on their rigs again. Add to this the problems of Global Economy and Global Politics being heated like Russia/China mingling and facing economic slowing which can easily turn out to be a collapse esp China.
About the global issue, it has its part on the market as to why we're experiencing this downturn. It's very likely that due to it, most of the markets have been affected by it and we can't do anything about it.
ETH has a lot of stuff attached/built on it, some of its mass comes from being in the first projects of its kind and successfully taking off.
I don't see a worthy successor yet - successor to POW + a Network with multiple layers like ETH, there are pretenders but they couldn't beat ETH and wont be as it switched to POW basically retiring on its own terms.
tperkara: Things are unstable and not in a good way - if we can even classify them like bad and good, which is kind of simplistic. You take risks can you live with and handle it?
I think stagnation can take a while and prices will jump (down to) between a wider scale. Plan for mid/long term. 
I think it will be different. ethereum is now becoming almost a deflationary asset. and I see no reason why eth will be dumped heavily.
The current dump was due to the overall market going down. But I'm sure that it's going to be more of a deflationary asset and that's the same with bitcoin.it is possible that there will soon be more motivation for stackers
It's just going to be a matter of time and we'll that the recovery comes in and everyone would again say that they should have bought when it's low as it is now @ $1200.Miners dumping ETH and liquidating combined with selling their GPU-s as prices drop and only a few coins are to mine but even those are in the RED.
Add to this the problems of Global Economy and Global Politics being heated like Russia/China mingling and facing economic slowing which can easily turn out to be a collapse esp China.
in other words it seems like now might be a bad time to invest? need advice so when do you think is the right time to invest, is it a week or a month? because I want to invest in eth
No one will ever know, especially not on this forum. But in fiat prices, the price is relatively low and seems like not a bad spot. You could wait for it to dip a little lower, but you run the risk of course of it never getting that low. You need to make your own risk/reward calculations.
I think it will be different. ethereum is now becoming almost a deflationary asset. and I see no reason why eth will be dumped heavily.
The current dump was due to the overall market going down. But I'm sure that it's going to be more of a deflationary asset and that's the same with bitcoin.it is possible that there will soon be more motivation for stackers
It's just going to be a matter of time and we'll that the recovery comes in and everyone would again say that they should have bought when it's low as it is now @ $1200.Miners dumping ETH and liquidating combined with selling their GPU-s as prices drop and only a few coins are to mine but even those are in the RED.
Add to this the problems of Global Economy and Global Politics being heated like Russia/China mingling and facing economic slowing which can easily turn out to be a collapse esp China.
in other words it seems like now might be a bad time to invest? need advice so when do you think is the right time to invest, is it a week or a month? because I want to invest in eth
Miners dumping ETH and liquidating combined with selling their GPU-s as prices drop and only a few coins are to mine but even those are in the RED.
Add to this the problems of Global Economy and Global Politics being heated like Russia/China mingling and facing economic slowing which can easily turn out to be a collapse esp China.
IMO, most of the miners after the merge, they've turned off their rigs and just waiting for that opportunity for another coin to be mined. It's still testing the waters before they come and turn on their rigs again. Add to this the problems of Global Economy and Global Politics being heated like Russia/China mingling and facing economic slowing which can easily turn out to be a collapse esp China.
About the global issue, it has its part on the market as to why we're experiencing this downturn. It's very likely that due to it, most of the markets have been affected by it and we can't do anything about it.
I think it will be different. ethereum is now becoming almost a deflationary asset. and I see no reason why eth will be dumped heavily.
The current dump was due to the overall market going down. But I'm sure that it's going to be more of a deflationary asset and that's the same with bitcoin.it is possible that there will soon be more motivation for stackers
It's just going to be a matter of time and we'll that the recovery comes in and everyone would again say that they should have bought when it's low as it is now @ $1200.Miners dumping ETH and liquidating combined with selling their GPU-s as prices drop and only a few coins are to mine but even those are in the RED.
Add to this the problems of Global Economy and Global Politics being heated like Russia/China mingling and facing economic slowing which can easily turn out to be a collapse esp China.
I think it will be different. ethereum is now becoming almost a deflationary asset. and I see no reason why eth will be dumped heavily.
The current dump was due to the overall market going down. But I'm sure that it's going to be more of a deflationary asset and that's the same with bitcoin.it is possible that there will soon be more motivation for stackers
It's just going to be a matter of time and we'll that the recovery comes in and everyone would again say that they should have bought when it's low as it is now @ $1200. Which wallets support ETHW?
https://metamask.io
Quote
Network Name: ETHW-mainnet
New RPC URL: https://mainnet.ethereumpow.org
Chain ID: 10001
Currency Symbol: ETHW
Block Explorer URL(Optional): https://mainnet.ethwscan.com
New RPC URL: https://mainnet.ethereumpow.org
Chain ID: 10001
Currency Symbol: ETHW
Block Explorer URL(Optional): https://mainnet.ethwscan.com
___
https://twitter.com/VitalikButerin/status/1570306185391378434
Happy merge from vitalik.eth
https://twitter.com/natemaddrey/status/1570856077788585984
"The moment of the merge - going from somewhat random Ethereum block times to predictable 12 second intervals"
Ethereum Core Devs Meeting #147 [2022-9-15]
https://www.youtube.com/watch?v=DdUt77_eWyc&t=492s
https://someresat.medium.com/guide-to-staking-on-ethereum-ubuntu-lodestar-193a2553a161
Guide to Staking on Ethereum (Ubuntu/Lodestar)
Which wallets support ETHW?
How low can things go though? I guess fairly likely is another 10-20%. I would say more unlikely is a 30-40% drop. I have a hard time seeing more than that personally. So the high hundreds I would see as a hard floor for ETH.
There are expectations that the rate of decline will be much more than that and may exceed 40 percent.I find that this is normal due to people's fear that modernization will not succeed, especially since many experts have spent the past months discussing the disadvantages of modernization compared to its advantages.
Trading platforms will play a major role in restoring users' confidence in the network, which will always be linked to the contribution of miners to support it.
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