Topic: [ANN] Ethereum: Welcome to the Beginning - page 37. (Read 2006044 times)

i don't understand why burning fees. already much eth coin and locked or burned but the price is still falling in current market bearish move but i consider that price is stable then other altcoins
burning fees will reduce the circulating supply in that result will be only hype. i mean price will sudden all the way up and sudden price up means pump and then dump

And again for 100th time. Burning fee does not reduce supply! Hence there will be no effect on the price as some hope. The fees are not new minted ethers issued as a mining reward. This is a fee that users pay on top of the issued ethers as a mining reward.

In this sense, the new fork will reduce miners income, which is 40% from the fees and 60% from the new ethers rewarded for each block. I'm not sure, however, that the miners income will be affected by 40% since there will be a difficulty bomb delay, which will probably lower the difficulty by 30%. I won't be surprised if the miner's revenue gets higher after the fork, like it did with every previous fork which reduced the mining reward but delayed the difficulty bomb as well.

At the time of writing, the Ethereum chain is around 350GB, and every node on the network needs to be able to store all 350GB of data.

What exactly  "time bandit attack"? Can someone explain?

MEV Can Harm Ethereum
MEV inherently encourages consensus instability.

Imagine there are two miners, Sam and Dan, who are paid a $100 reward for each block they find. Sam has found 3 blocks, the first of which contained our $10,000 Uniswap arbitrage.

Now, Dan has a choice: he can either mine on top of Sam’s 3 blocks, or he can attempt to re-mine the first block in order to take the Uniswap arbitrage for himself. The $10,000 is much more lucrative than the $100 block reward, and Dan is more rational than honest, so he decides to re-mine the first block.

While Dan’s at it, since the current longest chain is height 3, he also re-mines the second and third blocks (and captures any MEV that was in those, too). After the re-org, Dan owns the longest chain and he and Sam can progress from the third block.

This is known as a “time-bandit” attack: if block rewards are small enough compared to MEV, it can be rational for miners to destabilize consensus.

Our example was a two-party system. In the real multiplayer world, it is possible that every rational miner would attempt to re-org the third block and essentially halt progress. However, this could destroy the value of the miners’ hashrate investments. If we see this behavior at all, it will more likely be in the form of shorter, more frequent re-orgs that do not halt progress entirely.

I think somebody should start a joke shit coin called "shitcoin"

ticker 'shtc'.

The propose of that shitcoin is to finance a campaign to bring awareness to the issue started at the historic 2010 discussion on potential “shitcoins”, scams, ponzis and how people will lose lots of money buying into them.  

https://bitcointalksearch.org/topic/m.20646

ps-> if you guys announce it at "Announcements (Altcoins)" please let me know I will send a msg to the Bitcoin maximalist
Max Keiser  

DNS is an important topic indeed .. to not mention namecoin and recently handshake

MIT Bitcoin Expo 2019 - Handshake: An Experimental, Peer-to-Peer Root DNS
https://youtu.be/h505L7A_Z8g

Economy is a Social Sciences.

"Economics is a social science because it examines the social behavior of human beings with regards to allocation of scarce resources in order to meet the needs of each individual in the society. Economics does not only involve production and distribution of goods and services, but also the human factor."

--Web Bot Crawlers

Now I can only trust a bank if I can physically punch the bank owner in a face in case of misconduct on my account...

P2P Rulez

Biting Elbows - The Stampede (Official Music Video)
https://youtu.be/QYm-dT24iRY

Sounds like an AI made text. In case it stand to the 'Turin Test' so Satoshi is a AI.

Thanks!!!

sometimes I like more indy music and rising stars ..

Griff - Black Hole (Live from The BRIT Awards 2021) [Amazon Original]
https://youtu.be/s-iXGLtbZRQ

In England we also got a more "check the community in the corner" approach to solve problems

https://london.hackspace.org.uk/

promo video

https://youtu.be/s7_7HKSyub8



 

wait what>?

in Macau Casino >Hong Kong > Schengen

SHTC neutral

Again? the answer is YES its our electricity bill  

First-Ever Mention of ‘Shitcoin’

https://beincrypto.com/first-ever-mention-of-shtcoin-a-historic-discussion-from-2010/

YES, I am maximalist .  

Shitcoin

Sound's promisor
 
https://bitcointalk.org/index.php?topic=428589.new#new

I wonder how can I buy that STHC called ethereum  

https://bitcointalksearch.org/topic/ann-ethereum-welcome-to-the-beginning-428589

Shitcoin

According to unconfirmed reports, the London hard fork is planned for August 4th.
https://twitter.com/sassal0x/status/1411979241558659077
The next step is The Merge. Switching to the POS algorithm.
This will be no earlier than 3 months after the London hard fork.

Ethereum 2.0 is also expected to have a hard fork Altair
https://github.com/ethereum/annotated-spec/blob/master/altair/beacon-chain.md#rewards-and-penalties