Topic: [ANN] Ethereum: Welcome to the Beginning - page 2. (Read 2006003 times)

https://cointelegraph.com/news/sec-etf-decision-means-ether-other-tokens-not-securities
"'SEC’s ETF decision means ETH and ’a lot’ of other tokens are not securities
That doesn’t mean the securities regulator can’t still pursue action against actors in the staking domain, industry analysts and lawyers warn.

The approval of spot Ether exchange-traded funds is “implicit recognition” from the United States Securities and Exchange Commission (SEC) that Ether is not a security, according to industry pundits.

One even suggests this could extend to other tokens as well. "

I am looking to adopt these off to some organization/dev/user who is competent and wants to do something. The whole reason I bought these was that I figured I'd be able to situate myself into being able to use these by now to offer services to the public. I no longer believe I will be able to eventually curate these properly.

All in all, if you are interested in taking care of these, please reply or PM me with a proposal or a short statement of intention and I may just sell it to you at a discount. please send me your best offer using the obo ebay lots listed at ethereum.properties (this domain also included in this offer). ETH/BTC payment accepted

These are all registered at name.com and expire March or February of 2025. Obviously, if they do not sell, i will renew them as i have done for the last ten years for about $40 each. But eventually some generic squatter will get them if i spot renewing. This is your opportunity. 

https://twitter.com/OmniFDN/status/1785671859532697602

Today is the last day to become eligible for the $OMNI Genesis staking program.
Users that stake their $OMNI through the staking portal before 11:59:59 PM EST on May 1, 2024 will be eligible for Genesis staking rewards at the conclusion of the Genesis staking program.
Genesis staking rewards include additional $OMNI tokens (6% APR on staked $OMNI) and airdrops from EtherFi and AltLayer. Previously, 164,857 $ETHFI tokens and 333,333 $ALT tokens were airdropped to the Omni Foundation – these airdrops will be distributed among Genesis stakers at the end of the Genesis staking period.
Genesis stakers must remain staked for the entire duration of the Genesis staking program to remain eligible for these rewards. The duration of the Genesis staking period has yet to be finalized.

Impressive ...👏👏👏

https://twitter.com/OmniFDN/status/1785333146193740011
Omni Network 🤖
@OmniFDN
Omni allows developers to launch globally-native apps that work across all rollups.

https://coinmarketcap.com/view/rollups/
#
Immutable

Arbitrum

Starknet

Nervos Network

Altlayer

Metis

METIS

Loopring

Omni Network

Cartesi

Phala Network

Boba Network

Hermez Network

ZKBase

SatoshiVM

Root Protocol

A new ETH L1 worth keeping an eye on....

Launched in April 2024, Omni Network aims to provide a unified platform that enables seamless interaction across various rollup domains.

What is OMNI network?
Omni Network is a platform built to unite Ethereum rollups. It allows developers to launch globally-native applications that work across rollups. Omni is backed by investors like Coinbase Ventures, Jump, Pantera, and Spartan Group.

https://www.youtube.com/watch?v=Pyj94aMoEA4
18 Apr 2024  #omninetwork #omni #binancelisting
Omni Network (OMNI) token has gone live on Binance and Coinbase. Here is a brief overview of the network seeking to solve the problem of framentation across Ethereum rollups!

https://twitter.com/OmniFDN/status/1783858578480349202
Omni Network 🤖
@OmniFDN
Two days later, we've now crossed the $4,000,000,000 mark for restaked $ETH securing Omni.
Apr 26, 2024
https://www.coindesk.com/business/2024/03/04/omni-network-signs-600m-restaking-deal-with-etherfi-to-enhance-security/
Omni Network Signs $600M Restaking Deal With Ether.Fi to Enhance Security
Both Omni and Ether.Fi have committed to EigenLayer's pooled security model.
By Oliver Knight
AccessTimeIcon
Mar 4, 2024

https://ambcrypto.com/ethereum-eigenlayers-14x-growth-in-a-year-redefining-defi/
EigenLayer’s deposits equated to about 4% of ETH’s total circulating supply.
Due to EigenLayer, staked ETH supply has risen 1o% YTD.
EigenLayer has attracted more than $15 billion in deposits in just over a year since its launch, emerging as one of the most successful decentralized finance (DeFi) projects in recent times.

The restaking protocol’s total value locked (TVL) has exploded 14x since the start of the year, a feat that made it the second leading DeFi project by TVL, according to AMBCrypto’s analysis of DeFiLlama’s data.



I would suggest you check out MPC and Blockdaemons involvment  

https://en.bitcoinsistemi.com/shocking-statements-from-vaneck-ceo-for-ethereum-etfs-this-will-probably-happen-in-may/
Shocking Statements from VanEck CEO for Ethereum ETFs: “This Will Probably Happen in May”
"VanEck CEO, who has applied for Ethereum Spot ETF, made a surprising statement about the ETH ETFs that are expected to be approved.

The SEC has until the end of May to complete its review of the Ethereum Spot ETF, following a delay in its original decision date in March. Companies like BlackRock, Fidelity and VanEck, which have launched spot Bitcoin ETFs this year, were eagerly awaiting approval for an ETH product.

However, some applicant companies are not sure that the SEC will green light their ETH applications. “We were also the first to apply for Ethereum in the US, and we and Ark Invest CEO Cathy Wood back in May,” VanEck CEO Jan van Eck told CNBC's Arjun Kharpal at the Paris Blockchain Week cryptocurrency event in France. “We are probably the first in line to be rejected,” he said.

Van Eck added that the regulatory process involves regulators commenting on applications, and this process occurs weeks before Bitcoin ETFs are approved. Currently, “there is complete silence when it comes to Ethereum,” he said."

It seems there is a new investigation being launched by the SEC every two to three months. How much of their statement is based on them being concerned about the actual case regarding ETH or ETF and more about the SEC trying to exert some form of control over the second biggest crypto by market cap?

Ethereum Foundation Faces Inquiry From a Government; Fortune Says SEC Investigating ETH
After the publication of this article, Fortune reported the SEC seeks to classify ETH as a security.
The Ethereum Foundation – the Swiss non-profit organization at the heart of the Ethereum ecosystem – is facing questions from an unnamed "state authority," according to the group's website's GitHub repository.
The confidential inquiry comes during a time of change for Ethereum's technology and at a possible inflection point for its native asset, ETH, which many American investment companies are seeking to offer as an exchange-traded fund. The Securities and Exchange Commission (SEC) has slow-walked their efforts despite recently approving a series of Bitcoin ETFs.
After the publication of this article, Fortune reported the SEC is seeking to classify ETH as a security, a move that would have major implications for Ethereum, an ETH ETF and crypto as a whole. The financial regulator has sent investigative subpoenas to U.S. companies in the past several weeks, according to Fortune's reporting.
https://www.coindesk.com/business/2024/03/20/ethereum-foundation-under-investigation-by-state-authority/

Dencun only affected the commission in L2 ecosystems.

https://cryptopotato.com/spot-ethereum-etfs-will-be-ultimately-denied-following-latest-delays-analysts/
"Odds that spot Ethereum exchange-traded funds will be approved in May have plunged following the latest round of delays from the SEC.

On March 19, the US Securities and Exchange Commission delayed its decision on whether to approve spot Ethereum ETFs from Hashdex and Ark 21Shares.

Both products have now been postponed until a final SEC decision is made in late May. The Ark 21Shares deadline is May 24, and Hashdex will get its application approved or disapproved on May 30.

The first final deadline, however, is for the VanEck spot ETH ETF, which is on May 23. This will set the precedent for the rest of them."

If you keep aside the fact it is a centralised tracker, the aspects of smart contracts still make Ethereum stand out from other crypto. ETH provides a function that has launched thousands of ICOs (and later unfortunately unnecessary NFTs) therefore it remains in demand. If Bitcoin remains the gold standard for crypto, Ethereum has sustained a number two position for a long time.

In that process things will not always work the way people would expect therefore high gas fees is one of the issues they need to work on but let us not forget Bitcoin had a recent time where tx fees were excessive.

I am hoping that with this Dencun upgrade will have its purpose play on the ecosystem to make all of the fees on ETH's blockchain to be lesser and cheaper soon. I've seen some progress a bit after its upgrade but that's not the kind of effect I am expecting, I like more of it to have it seen like it was cents long time ago and I don't know if it's possible to see that happen back then when everything was so cheap but then the demand has increased and made even the gas fees quite expensively.

Countdown to Dencun Upgrade
https://www.blocknative.com/ethereum-dencun-upgrade-countdown

https://decrypt.co/221500/ethereum-l2-arbitrum-optimism-polygon-dencun-upgrade
"Just hours to go until the Dencun upgrade goes live on Ethereum mainnet, the tokens of layer-2 scaling solutions like Arbitrum, Optimism, and Polygon have all seen hefty gains.

Arbitrum is the only one to have seen double-digital gains as the Ethereum community counts down the minutes to Dencun. Its ARB token has risen 11% in the past day and 7.5% compared to this time last week. ARB rose as high as $2.25 early Wednesday morning, but has since settled to $2.20 at the time of writing."

https://twitter.com/VitalikButerin/status/1759365739671412841
@VitalikButerin(C)
"I'm really looking forward to Verkle trees. They will enable stateless validator clients, which can allow staking nodes to run with near-zero hard disk space and sync nearly instantly - far better solo staking UX. Also good for user-facing light clients."

Verkle Trees for Statelessness
https://verkle.info

Academic Grants Round 2024

The Ethereum Foundation is sponsoring a wave of grants to support Ethereum-related academic work. These grants round has $1M in total available funds. Proposals are due 23:59 UTC, March 4th, 2024.

All the details you’ll need to apply can be found here…

https://www.coindesk.com/markets/2024/02/12/ethereum-validator-entry-queue-signals-renewed-interest-in-staking/
Ethereum Validator Entry Queue Signals Renewed Interest in Staking
"The validator entry queue has jumped to 7,045, the highest since Oct. 6, according to data source ValidatorQueue.
The waitlist for new Ethereum validators is now the longest since early October.
The renewed interest in staking is noteworthy as the yield on staked ether remains below 4%."

Introducing the EPF Study Group

The Ethereum Protocol Fellowship (EPF) is a program designed to reduce the barrier to entry for developers interested in working on the core protocol. As core developer (and EPF creator) Piper Merriam likes to say, the door is comically wide open. EPF helps you walk through it.

Read the full article here…

ETH 0.01401 = 29.99 EURO

https://www.chainalysis.com/blog/crypto-crime-2024-pump-and-dump/
"54% of ERC-20 Tokens Listed on DEXes in 2023 Display Patterns That May Be Suggestive of Pump and Dump Schemes, but Represent just 1.3% of DEX Trading Volume

For most of the research that we publish in our annual Crypto Crime Report, the data tells a clear story. For instance, funds sent to ransomware operators, darknet markets, or sanctioned entities can be measured and trends can be analyzed with Chainalysis labeling and data. But blockchain data can also be used to detect suspicious trading patterns. In these cases, the evidence on the blockchain is less definitive. Instead, on-chain data can provide a starting point for deeper investigations, usually combined with other, off-chain information. For this reason, we do not include possible market manipulation proceeds or estimates of victim losses in our count of total illicit transaction volume — there isn’t enough information to determine whether the activity is criminal or not without additional context. "

The Q1 2024 roadmap is already out for feedback, suggestions, and contributions. Take a look at how you can start contributing to ethereum.org (e.g., writing or reviewing content, creating new designs, translating the website, developing new features or fixing bugs, and many more possibilities) in the contributors pages.

https://coinedition.com/eth-should-be-beyond-money-buterin-proposes-cypherpunk-vision/
‘ETH Should be Beyond Money,’ Buterin Proposes Cypherpunk Vision
"Vitalik Buterin advocates for a broader vision for ETH beyond finance.
Buterin explores democratic governance, privacy solutions, and global inclusion.
He urged developers to consider regions like Argentina and Turkey for tackling financial disparities.
Ethereum Co-Founder Vitalik Buterin is stirring up big ideas for Ethereum, arguing that the ecosystem should not just be about money. According to him, it should be about creating a new way for online interactions freed of controls from big companies in Silicon Valley.

This visionary manifesto came in a recent publication, “The End of My Childhood,” citing snippets from earlier commentary on “Make Ethereum Cypherpunk Again.”"