Topic: [ANN] Ethereum: Welcome to the Beginning - page 4. (Read 2003740 times)
Betrayed POW
unclear matter...
we need explanations...
we need explanations...
The first thing that came to my mind was that ETH was transfered by mistake or a computer infection, but seeing that this has happened with other tokens as well...
It's really a mystery that worth investigate for the sake of understanding motivations that are not understandable from the little guy's shoes
If this tweet is credible could be a big deal:
Quote
Trump’s Financial Statement from August 14th 2023 quotes a cryptocurrency balance of $2,806,341.
This is almost identical to the present balance of the largest royalty fee wallet associated with the @CollectTrump NFT Project.
This is almost identical to the present balance of the largest royalty fee wallet associated with the @CollectTrump NFT Project.
https://twitter.com/ArkhamIntel/status/1691875446546198592
I'll do my research on this Arkham platform ( Although I'm skeptical that they can point to Trump with a level of plausibility that's acceptable enough to publish it. Marketing?)
unclear matter...
we need explanations...
we need explanations...
What made this user throw away $4,500,000?
https://etherscan.io/tx/0x36f899bb27aa365c30a6f559c3512c063c366dae515d43fe05ec530ed440bb5a
0xdEAD000000000000000042069420694206942069 is the burning address, coins cannot be returned from it. There are still various tokens on the balance of this wallet, but I am not familiar with the reasons for these transactions. It could also be a concerted token burn.
https://etherscan.io/tx/0x36f899bb27aa365c30a6f559c3512c063c366dae515d43fe05ec530ed440bb5a
0xdEAD000000000000000042069420694206942069 is the burning address, coins cannot be returned from it. There are still various tokens on the balance of this wallet, but I am not familiar with the reasons for these transactions. It could also be a concerted token burn.
If ...
And only if it was someone like Me, then they wouldn't look at it as 4,500,000USD - they would see them as tokens ONLY. Which is the whole point of the imitation and design of Crypto in the first place. The owners of this World have made Crypto as an 'Asset' to the FIAT System - and EVEYONE has followed.
So Tokens they are and they have been burned - no matter what the 'Price' of them is, and that is that.
#crysx #cwi
The millionaire continues to burn his assets after he burned 2500 ethereum and expensive NFTs.
I can understand the NFT burning because it's a possible scam, but I have questions about the rest.
"The guy who burned 2,500 $ETH($4.58M) transferred 36,188 $GMX($1.78M) and 311,003 $GNX($1.52M) to a dead address again an hour ago."
https://twitter.com/lookonchain/status/1689654885162385408
...Exactly My Point!
Tokens and Coins only - Not 'Money' per se ... That is all they are!
The beauty of these things are such that ALL of these Tokens and Coins are HIS/HERS to do what they want with. Not like FIAT that actually only belongs to the Creators of it - the Banking System.
There will be Much More coming!
#crysx #cwi
Fiat also burns well, although such a procedure is a gift for the Fed.
Everyone has fun as he likes
___
https://www.theblock.co/post/245428/trump-hurdles-toward-crypto-whale-status-with-ethereum-wallet-worth-millions
Trump hurtles toward crypto whale status with Ethereum wallet worth up to $5 million
"Former U.S. President Donald Trump owns up to $5 million worth of ether and has earned $4.9 million from NFT licensing fees, according to recent financial disclosures.
Potential holdings are very close to the amount of crypto held by digital wallets receiving royalties from NFT collections."
Please ...
Don't start about FIAT with Me
Disgusting stuff no matter which way You look at it.
Hold it - You get Burned.
Store it - You get Burned.
Use/Sell it - You get Burned.
The Ruling Masters of this World knew EXACTLY what they were doing when they created this Crap!
Let's Pray that Crypto actually does what it was designed to do - and get away from this rubbish that everyone seems to follow the Government and Ruling Bodies have been pushing Crypto to be.
At least with BTC ETH and others - We can be in control of what WE do with the Coins/Tokens WE OWN. Ownership - Total and Complete Ownership unlike ANY FIAT. Hence the reason that burning Coins/Tokens in anyway shows complete Authority over the Money for the holder of the Wallets. I'm all for it! We can do what We want with OUR Money
#crysx #cwi
Grand Theft Auto' dev Take-Two's first crypto game launching on Ethereum
Take-Two subsidiary Zynga is launching “Sugartown,” a game players will access with Ethereum (or ERC-721) tokens.
New game gives players a chance to earn “an in-game currency.”
Initial mint of 10,000 tokens slated for later this year.
https://www.theblock.co/post/244783/grand-theft-auto-dev-take-twos-first-crypto-game-launching-on-ethereum
As of August 2023 Take 2 Interactive has a market cap of $23.49 Billion.
https://companiesmarketcap.com/take-2-interactive/marketcap/
Take-Two subsidiary Zynga is launching “Sugartown,” a game players will access with Ethereum (or ERC-721) tokens.
New game gives players a chance to earn “an in-game currency.”
Initial mint of 10,000 tokens slated for later this year.
https://www.theblock.co/post/244783/grand-theft-auto-dev-take-twos-first-crypto-game-launching-on-ethereum
As of August 2023 Take 2 Interactive has a market cap of $23.49 Billion.
https://companiesmarketcap.com/take-2-interactive/marketcap/
What made this user throw away $4,500,000?
https://etherscan.io/tx/0x36f899bb27aa365c30a6f559c3512c063c366dae515d43fe05ec530ed440bb5a
0xdEAD000000000000000042069420694206942069 is the burning address, coins cannot be returned from it. There are still various tokens on the balance of this wallet, but I am not familiar with the reasons for these transactions. It could also be a concerted token burn.
https://etherscan.io/tx/0x36f899bb27aa365c30a6f559c3512c063c366dae515d43fe05ec530ed440bb5a
0xdEAD000000000000000042069420694206942069 is the burning address, coins cannot be returned from it. There are still various tokens on the balance of this wallet, but I am not familiar with the reasons for these transactions. It could also be a concerted token burn.
If ...
And only if it was someone like Me, then they wouldn't look at it as 4,500,000USD - they would see them as tokens ONLY. Which is the whole point of the imitation and design of Crypto in the first place. The owners of this World have made Crypto as an 'Asset' to the FIAT System - and EVEYONE has followed.
So Tokens they are and they have been burned - no matter what the 'Price' of them is, and that is that.
#crysx #cwi
The millionaire continues to burn his assets after he burned 2500 ethereum and expensive NFTs.
I can understand the NFT burning because it's a possible scam, but I have questions about the rest.
"The guy who burned 2,500 $ETH($4.58M) transferred 36,188 $GMX($1.78M) and 311,003 $GNX($1.52M) to a dead address again an hour ago."
https://twitter.com/lookonchain/status/1689654885162385408
...Exactly My Point!
Tokens and Coins only - Not 'Money' per se ... That is all they are!
The beauty of these things are such that ALL of these Tokens and Coins are HIS/HERS to do what they want with. Not like FIAT that actually only belongs to the Creators of it - the Banking System.
There will be Much More coming!
#crysx #cwi
Fiat also burns well, although such a procedure is a gift for the Fed.
Everyone has fun as he likes
___
https://www.theblock.co/post/245428/trump-hurdles-toward-crypto-whale-status-with-ethereum-wallet-worth-millions
Trump hurtles toward crypto whale status with Ethereum wallet worth up to $5 million
"Former U.S. President Donald Trump owns up to $5 million worth of ether and has earned $4.9 million from NFT licensing fees, according to recent financial disclosures.
Potential holdings are very close to the amount of crypto held by digital wallets receiving royalties from NFT collections."
___
https://twitter.com/ArkhamIntel/status/1691875444809781337
"Donald Trump’s crypto holdings are now on Arkham.
We believe @realDonaldTrump
owns the wallet 0x94845333028B1204Fbe14E1278Fd4Adde46B22ce"
What made this user throw away $4,500,000?
https://etherscan.io/tx/0x36f899bb27aa365c30a6f559c3512c063c366dae515d43fe05ec530ed440bb5a
0xdEAD000000000000000042069420694206942069 is the burning address, coins cannot be returned from it. There are still various tokens on the balance of this wallet, but I am not familiar with the reasons for these transactions. It could also be a concerted token burn.
https://etherscan.io/tx/0x36f899bb27aa365c30a6f559c3512c063c366dae515d43fe05ec530ed440bb5a
0xdEAD000000000000000042069420694206942069 is the burning address, coins cannot be returned from it. There are still various tokens on the balance of this wallet, but I am not familiar with the reasons for these transactions. It could also be a concerted token burn.
If ...
And only if it was someone like Me, then they wouldn't look at it as 4,500,000USD - they would see them as tokens ONLY. Which is the whole point of the imitation and design of Crypto in the first place. The owners of this World have made Crypto as an 'Asset' to the FIAT System - and EVEYONE has followed.
So Tokens they are and they have been burned - no matter what the 'Price' of them is, and that is that.
#crysx #cwi
The millionaire continues to burn his assets after he burned 2500 ethereum and expensive NFTs.
I can understand the NFT burning because it's a possible scam, but I have questions about the rest.
"The guy who burned 2,500 $ETH($4.58M) transferred 36,188 $GMX($1.78M) and 311,003 $GNX($1.52M) to a dead address again an hour ago."
https://twitter.com/lookonchain/status/1689654885162385408
...Exactly My Point!
Tokens and Coins only - Not 'Money' per se ... That is all they are!
The beauty of these things are such that ALL of these Tokens and Coins are HIS/HERS to do what they want with. Not like FIAT that actually only belongs to the Creators of it - the Banking System.
There will be Much More coming!
#crysx #cwi
What made this user throw away $4,500,000?
https://etherscan.io/tx/0x36f899bb27aa365c30a6f559c3512c063c366dae515d43fe05ec530ed440bb5a
0xdEAD000000000000000042069420694206942069 is the burning address, coins cannot be returned from it. There are still various tokens on the balance of this wallet, but I am not familiar with the reasons for these transactions. It could also be a concerted token burn.
https://etherscan.io/tx/0x36f899bb27aa365c30a6f559c3512c063c366dae515d43fe05ec530ed440bb5a
0xdEAD000000000000000042069420694206942069 is the burning address, coins cannot be returned from it. There are still various tokens on the balance of this wallet, but I am not familiar with the reasons for these transactions. It could also be a concerted token burn.
If ...
And only if it was someone like Me, then they wouldn't look at it as 4,500,000USD - they would see them as tokens ONLY. Which is the whole point of the imitation and design of Crypto in the first place. The owners of this World have made Crypto as an 'Asset' to the FIAT System - and EVEYONE has followed.
So Tokens they are and they have been burned - no matter what the 'Price' of them is, and that is that.
#crysx #cwi
The millionaire continues to burn his assets after he burned 2500 ethereum and expensive NFTs.
I can understand the NFT burning because it's a possible scam, but I have questions about the rest.
"The guy who burned 2,500 $ETH($4.58M) transferred 36,188 $GMX($1.78M) and 311,003 $GNX($1.52M) to a dead address again an hour ago."
https://twitter.com/lookonchain/status/1689654885162385408
The crypto space is on the verge of another potentially historic moment with the first Ethereum Futures ETF in the US. Volatility Shares, a pioneer in the ETF space, has announced its intention to launch the Ether Strategy ETF (Ticker: ETHU) on October 12, 2023. If all goes as planned, this could mark the first Ether based exchange traded fund (ETF) in the United States.
https://www.newsbtc.com/news/ethereum/ethereum-futures-etf-oct-12-eth-echo-btc-2021-surge/
https://www.newsbtc.com/news/ethereum/ethereum-futures-etf-oct-12-eth-echo-btc-2021-surge/
ETF are not necessarily an instrument of massive ETH or BTC buying to meet the needs of new investors.
they will probably be full of ETH or BTC equivalents (ersatz coins).
best exemple of that are gold and silver ETF, who have mainly been used for years to rig the metal's price.
The crypto space is on the verge of another potentially historic moment with the first Ethereum Futures ETF in the US. Volatility Shares, a pioneer in the ETF space, has announced its intention to launch the Ether Strategy ETF (Ticker: ETHU) on October 12, 2023. If all goes as planned, this could mark the first Ether based exchange traded fund (ETF) in the United States.
https://www.newsbtc.com/news/ethereum/ethereum-futures-etf-oct-12-eth-echo-btc-2021-surge/
https://www.newsbtc.com/news/ethereum/ethereum-futures-etf-oct-12-eth-echo-btc-2021-surge/
What made this user throw away $4,500,000?
https://etherscan.io/tx/0x36f899bb27aa365c30a6f559c3512c063c366dae515d43fe05ec530ed440bb5a
0xdEAD000000000000000042069420694206942069 is the burning address, coins cannot be returned from it. There are still various tokens on the balance of this wallet, but I am not familiar with the reasons for these transactions. It could also be a concerted token burn.
https://etherscan.io/tx/0x36f899bb27aa365c30a6f559c3512c063c366dae515d43fe05ec530ed440bb5a
0xdEAD000000000000000042069420694206942069 is the burning address, coins cannot be returned from it. There are still various tokens on the balance of this wallet, but I am not familiar with the reasons for these transactions. It could also be a concerted token burn.
If ...
And only if it was someone like Me, then they wouldn't look at it as 4,500,000USD - they would see them as tokens ONLY. Which is the whole point of the initiation and design of Crypto in the first place. The owners of this World have made Crypto as an 'Asset' to the FIAT System - and EVEYONE has followed.
So Tokens they are and they have been burned - no matter what the 'Price' of them is, and that is that.
#crysx #cwi
What made this user throw away $4,500,000?
https://etherscan.io/tx/0x36f899bb27aa365c30a6f559c3512c063c366dae515d43fe05ec530ed440bb5a
0xdEAD000000000000000042069420694206942069 is the burning address, coins cannot be returned from it. There are still various tokens on the balance of this wallet, but I am not familiar with the reasons for these transactions. It could also be a concerted token burn.
https://etherscan.io/tx/0x36f899bb27aa365c30a6f559c3512c063c366dae515d43fe05ec530ed440bb5a
0xdEAD000000000000000042069420694206942069 is the burning address, coins cannot be returned from it. There are still various tokens on the balance of this wallet, but I am not familiar with the reasons for these transactions. It could also be a concerted token burn.
https://www.theblock.co/post/239603/ethereum-consensys-investor-talks
"Consensys has held talks with potential investors in recent weeks, according to several people familiar with the matter.
But a spokesperson for the Ethereum developer said it doesn’t need cash and isn’t formally fundraising.
In fact, they added that Consensys has been hoovering up its own “significantly undervalued” shares on the secondary market. "
"Consensys has held talks with potential investors in recent weeks, according to several people familiar with the matter.
But a spokesperson for the Ethereum developer said it doesn’t need cash and isn’t formally fundraising.
In fact, they added that Consensys has been hoovering up its own “significantly undervalued” shares on the secondary market. "
Ethereum Improvement Proposal 1153 is set to change the way Ethereum (ETH) blockchain processes the data. As a more advanced storage function, it will make the second largest blockchain more gas efficient than ever before.
Here's how Ethereum (ETH) becomes more gas efficient with EIP-1153
Uniswap v4, a much-anticipated release by the world's most popular DEX Uniswap, will rely on EIP-1153 "Transient Storage Opcodes," the new thread says. Therefore, it will allow traders and liquidity providers to save on gas fees.
https://cryptonews.net/news/ethereum/21305186/
Here's how Ethereum (ETH) becomes more gas efficient with EIP-1153
Uniswap v4, a much-anticipated release by the world's most popular DEX Uniswap, will rely on EIP-1153 "Transient Storage Opcodes," the new thread says. Therefore, it will allow traders and liquidity providers to save on gas fees.
https://cryptonews.net/news/ethereum/21305186/
https://finance.yahoo.com/news/ethereum-developers-propose-circuit-breaker-035532537.html
Ethereum Developers Propose ‘Circuit Breaker’ To Deter Hackers
Samuel Haig(C)
"Ethereum developers have proposed a circuit breaker mechanism that would halt token outflows exceeding a predetermined limit as a security measure.
EIP-7265 would allow developers to specify the value of withdrawals that triggers the circuit breaker, and whether that takes the form of delayed settlement after a cooldown or completely revert attempted outflows. The feature could prevent hackers from immediately draining the assets of exploited DeFi protocols and protect users against losses."
https://github.com/ethereum/EIPs/pull/7265
"This standard outlines a smart contract interface for a Circuit Breaker that triggers a temporary halt on protocol-wide token outflows when a threshold is exceeded for a predefined metric. This circuit breaker does not assume the structure of the underlying protocol, and mainly serves as a pass-through vehicle for token outflows. In order to maintain correct internal accounting for integrated protocols, and to provide maximum flexibility for developers, developers can specify if the circuit breaker contract should delay settlement and temporarily custody outflows during the cooldown period, or revert on attempted outflows.
Example implementation of a circuit breaker
Interface
'ProtectedContract' Contract to be inherited by DeFi contract for CB best practices"
Ethereum Developers Propose ‘Circuit Breaker’ To Deter Hackers
Samuel Haig(C)
"Ethereum developers have proposed a circuit breaker mechanism that would halt token outflows exceeding a predetermined limit as a security measure.
EIP-7265 would allow developers to specify the value of withdrawals that triggers the circuit breaker, and whether that takes the form of delayed settlement after a cooldown or completely revert attempted outflows. The feature could prevent hackers from immediately draining the assets of exploited DeFi protocols and protect users against losses."
https://github.com/ethereum/EIPs/pull/7265
"This standard outlines a smart contract interface for a Circuit Breaker that triggers a temporary halt on protocol-wide token outflows when a threshold is exceeded for a predefined metric. This circuit breaker does not assume the structure of the underlying protocol, and mainly serves as a pass-through vehicle for token outflows. In order to maintain correct internal accounting for integrated protocols, and to provide maximum flexibility for developers, developers can specify if the circuit breaker contract should delay settlement and temporarily custody outflows during the cooldown period, or revert on attempted outflows.
Example implementation of a circuit breaker
Interface
'ProtectedContract' Contract to be inherited by DeFi contract for CB best practices"
The introduction of Ethereum's staking withdrawal functionality in mid-April has sparked a surge in interest for liquid staking tokens.
Among liquid staking providers, Lido has established overwhelming dominance, boasting the highest supply, liquidity, and integration network effects, all of which solidify its position in the market.
A new trend has evolved in regard to the DeFi integration of liquid staking tokens. Liquidity pools associated with liquid staking are witnessing a decline in locked value, as capital migrates towards use as collateral in lending protocols.
https://insights.glassnode.com/the-week-onchain-week-27-2023/
Among liquid staking providers, Lido has established overwhelming dominance, boasting the highest supply, liquidity, and integration network effects, all of which solidify its position in the market.
A new trend has evolved in regard to the DeFi integration of liquid staking tokens. Liquidity pools associated with liquid staking are witnessing a decline in locked value, as capital migrates towards use as collateral in lending protocols.
https://insights.glassnode.com/the-week-onchain-week-27-2023/
How many more updates before tx fee comes down to $1 
If you are talking about commissions for transferring ethereum coins, then the cost of a transaction is now no more than $ 2.https://etherscan.io/gastracker
The Ethereum ecosystem also works with smart contracts, and the more smart contracts your transaction uses, the more fees you pay.
I recommend using Tier 2 solutions where there is a lot of liquidity.
Statistics
https://defillama.com/
How many more updates before tx fee comes down to $1
https://www.theblock.co/post/235386/ethereum-developers-consider-raising-validator-limit-from-32-to-2048-eth
"Ethereum core developers are considering raising the maximum validator balance from 32 ETH to 2,048 ETH per validator.
The proposal was discussed during the most recent Ethereum core developer consensus meeting."
https://www.galaxy.com/research/insights/ethereum-all-core-developers-consensus-call-111/
"Outside of EIP 6988, developers discussed the following three EIPs for inclusion in Deneb:
EIP 7044: A code change to improve the staking user experience. The EIP would ensure that signed validator exits are valid in perpetuity. The EIP proposed by Lodestar (CL) developer “Dapplion” has already been merged into Deneb specifications.
EIP 7045: A code change to enhance chain security. The EIP would expand the attestation slot inclusion range from a rolling window of one epoch to two epochs. The EIP proposed by Ethereum Foundation researcher Danny Ryan is undergoing more discussion and a final review.
EIP 4788: A code change to improve the staking user experience. The EIP would expose roots of Beacon Chain blocks containing information about chain state inside of the Ethereum Virtual Machine (EVM) for trust-minimized access by decentralized application (dapp) developers. The EIP proposed by Ethereum Foundation researcher Alex Stokes was greenlit for inclusion in Cancun and Deneb during ACDE #163."
"Ethereum core developers are considering raising the maximum validator balance from 32 ETH to 2,048 ETH per validator.
The proposal was discussed during the most recent Ethereum core developer consensus meeting."
https://www.galaxy.com/research/insights/ethereum-all-core-developers-consensus-call-111/
"Outside of EIP 6988, developers discussed the following three EIPs for inclusion in Deneb:
EIP 7044: A code change to improve the staking user experience. The EIP would ensure that signed validator exits are valid in perpetuity. The EIP proposed by Lodestar (CL) developer “Dapplion” has already been merged into Deneb specifications.
EIP 7045: A code change to enhance chain security. The EIP would expand the attestation slot inclusion range from a rolling window of one epoch to two epochs. The EIP proposed by Ethereum Foundation researcher Danny Ryan is undergoing more discussion and a final review.
EIP 4788: A code change to improve the staking user experience. The EIP would expose roots of Beacon Chain blocks containing information about chain state inside of the Ethereum Virtual Machine (EVM) for trust-minimized access by decentralized application (dapp) developers. The EIP proposed by Ethereum Foundation researcher Alex Stokes was greenlit for inclusion in Cancun and Deneb during ACDE #163."
Ethereum developers agreed Thursday on the full scope of the network's upcoming upgrade, called “Dencun.”
The upgrade, also known as a hard fork, expected later this year, includes five Ethereum Improvement Proposals (EIPs) that designed to add more storage for data and reduce fees.
At the heart of this upgrade is EIP-4844, more commonly known as proto-danksharding. This feature will scale the blockchain by making more space for “blobs” of data, which then is expected to decrease gas fees for layer 2 rollups.
The other EIPs that made the cut are:
EIP-1153 - to reduce fees for storing data on-chain, and therefore improve blockspace.
EIP-4788 - to improve designs for bridges and staking pools.
EIP-5656 - to add minor code changes related to the Ethereum Virtual Machine.
EIP-6780 - to get rid of code that could terminate smart contracts.
https://www.coindesk.com/tech/2023/06/08/ethereum-developers-cement-final-lineup-of-changes-in-dencun-upgrade/
The upgrade, also known as a hard fork, expected later this year, includes five Ethereum Improvement Proposals (EIPs) that designed to add more storage for data and reduce fees.
At the heart of this upgrade is EIP-4844, more commonly known as proto-danksharding. This feature will scale the blockchain by making more space for “blobs” of data, which then is expected to decrease gas fees for layer 2 rollups.
The other EIPs that made the cut are:
EIP-1153 - to reduce fees for storing data on-chain, and therefore improve blockspace.
EIP-4788 - to improve designs for bridges and staking pools.
EIP-5656 - to add minor code changes related to the Ethereum Virtual Machine.
EIP-6780 - to get rid of code that could terminate smart contracts.
https://www.coindesk.com/tech/2023/06/08/ethereum-developers-cement-final-lineup-of-changes-in-dencun-upgrade/
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