Eth2 is expected to launch in November 2020
https://decrypt.co/43188/ethereum-testnet-now-has-nearly-2-million-eth-staked
https://ethereum.org/en/eth2/
Plans:
"Phase 1: the shard chains
Expected: 2021
Phase 1 is when we'll meet the shard chains. These are chains that are delegated a portion of Ethereum's transactions and account data. They will be proof-of-stake chains, which means validators (who have staked ETH) will create blocks – not miners like today.
We expect to start Phase 1 with 64 shards but they won't support accounts or smart contracts right away.
Phase 1.5: mainnet becomes a shard
Expected: 2021
Up until Phase 1.5, the Ethereum we use today on mainnet will continue as a proof-of-work blockchain. Transactions will continue to be processed by miners. But in Phase 1.5, mainnet will officially become a shard and transition to proof-of-stake.
For end users and dapps, this change should be seamless.
Phase 2: fully formed shards
Expected: 2021+
In Phase 2, shards should be fully functional chains. Shards will now be compatible with smart contracts and they'll be able to communicate with each other more freely. Developers may even be able to design shards in their own ways."
ethereum/github eth2.0-specs
https://github.com/ethereum/eth2.0-specs
Topic: [ANN] Ethereum: Welcome to the Beginning - page 67. (Read 2006952 times)
Ethereum will be pumped and dumped like other crypto but in the end will ETH survive and continue? Yes
PUMP ALL THE THINGS
Cumulative transaction fees paid to Ethereum (ETH) miners for 2020 are now close to double those of Bitcoin (BTC), clocking in at $276 million versus $146 million.
https://cointelegraph.com/news/ethereum-cumulative-fees-in-2020-eclipsed-bitcoin-s-for-the-first-time
https://cointelegraph.com/news/ethereum-cumulative-fees-in-2020-eclipsed-bitcoin-s-for-the-first-time
With falls of DeFi tokens in their price, the greed and FOMO on DeFi projects are decreasing. Less people want to invest in new DeFi projects and they don't try to spend capital to invest and don't accept too high fees, consequently.
Together, the fee of transactions on ETH network has fallen and in last several days, fee is good. Now it is standing at 47 Gwei (for Average speed). If nothing suddenly changes with DeFi trend I believe fee can keep falling back to 21 Gwei range.
https://ethgasstation.info/calculatorTxV.php
Since many projects grow with various DeFi it makes gas costs more expensive, but I think the lack of interest and decreasing it also makes gas costs cheaper now, hope it can also be below the 20 gwei gas cost so people can make transactions too and not controlled by big money owners Together, the fee of transactions on ETH network has fallen and in last several days, fee is good. Now it is standing at 47 Gwei (for Average speed). If nothing suddenly changes with DeFi trend I believe fee can keep falling back to 21 Gwei range.
https://ethgasstation.info/calculatorTxV.php
With falls of DeFi tokens in their price, the greed and FOMO on DeFi projects are decreasing. Less people want to invest in new DeFi projects and they don't try to spend capital to invest and don't accept too high fees, consequently.
Together, the fee of transactions on ETH network has fallen and in last several days, fee is good. Now it is standing at 47 Gwei (for Average speed). If nothing suddenly changes with DeFi trend I believe fee can keep falling back to 21 Gwei range.
https://ethgasstation.info/calculatorTxV.php
Together, the fee of transactions on ETH network has fallen and in last several days, fee is good. Now it is standing at 47 Gwei (for Average speed). If nothing suddenly changes with DeFi trend I believe fee can keep falling back to 21 Gwei range.
https://ethgasstation.info/calculatorTxV.php
Agree, but with the state of chain we are in(scalability wise), we are just one good airdrop or hyped ICO away from getting a huge surge on gas fees. Unless the ETH team does something about it, my only hope is ETH 2.0 which is still really far away.
With falls of DeFi tokens in their price, the greed and FOMO on DeFi projects are decreasing. Less people want to invest in new DeFi projects and they don't try to spend capital to invest and don't accept too high fees, consequently.
Together, the fee of transactions on ETH network has fallen and in last several days, fee is good. Now it is standing at 47 Gwei (for Average speed). If nothing suddenly changes with DeFi trend I believe fee can keep falling back to 21 Gwei range.
https://ethgasstation.info/calculatorTxV.php
Together, the fee of transactions on ETH network has fallen and in last several days, fee is good. Now it is standing at 47 Gwei (for Average speed). If nothing suddenly changes with DeFi trend I believe fee can keep falling back to 21 Gwei range.
https://ethgasstation.info/calculatorTxV.php
Gas fees are down a lot from its peak of 800 so what do guys think are the chances of gas fees going below 20 before the launch of ETH 2.0?
Gas fee ate up lots of my ETH for the past few months though I made some of it back my mining ETH.
the impact that will occur is that the transaction fee will decrease is that Pool providers will decrease their income, not only that some DEFI will dive to the bottom on the other hand as ETH users I feel happy because of this Gas fee ate up lots of my ETH for the past few months though I made some of it back my mining ETH.
Things will get better, they have to otherwise using ETH becomes pointless on excessive transaction fees.
I hope things will be alright as soon as possible.
I hope things will be alright as soon as possible.
Gas fees are down a lot from its peak of 800 so what do guys think are the chances of gas fees going below 20 before the launch of ETH 2.0?
Gas fee ate up lots of my ETH for the past few months though I made some of it back my mining ETH.
Gas fee ate up lots of my ETH for the past few months though I made some of it back my mining ETH.
An interesting compilation of what some people think about the launch of Ethereum 2.0. 
There really is a big problem, if the protocol is attacked, then it will be necessary to make a hard fork
Cointelegraph(C)
https://twitter.com/Cointelegraph/status/1309118275381493761
"CZ is bullish on DeFi and plans for Binance to innovate but remains skeptical about the launch of Ethereum 2.0"
dannyryan(C)
https://twitter.com/dannyryan/status/1308774884969869313
"I suppose first of all is that I personally don't expect Phase 0 participation to be for everybody.
Staking comes with many risks and staking early in eth2 comes with even more than if you jumped in a couple of years down the line"
Chase Wright (C)
https://twitter.com/mysticryuujin/status/1308573304484245504
"1/ Why I won't be staking ETH at launch, a thread...
#Ethereum #eth2
Like many of you, I am excited for ETH2, the Beacon Chain, Phase 0, and everything that will come after.
I have participated in Onyx, Witti, Altona, and Medalla test networks.
I tried Prysm and Lighthouse."
There really is a big problem, if the protocol is attacked, then it will be necessary to make a hard fork
Cointelegraph(C)
https://twitter.com/Cointelegraph/status/1309118275381493761
"CZ is bullish on DeFi and plans for Binance to innovate but remains skeptical about the launch of Ethereum 2.0"
dannyryan(C)
https://twitter.com/dannyryan/status/1308774884969869313
"I suppose first of all is that I personally don't expect Phase 0 participation to be for everybody.
Staking comes with many risks and staking early in eth2 comes with even more than if you jumped in a couple of years down the line"
Chase Wright (C)
https://twitter.com/mysticryuujin/status/1308573304484245504
"1/ Why I won't be staking ETH at launch, a thread...
#Ethereum #eth2
Like many of you, I am excited for ETH2, the Beacon Chain, Phase 0, and everything that will come after.
I have participated in Onyx, Witti, Altona, and Medalla test networks.
I tried Prysm and Lighthouse."
[GUIDE] How to cancel or replace an ETH transaction (Metamask, MEW, MyCrypto)
Transaction fee dropped to 53 Gwei hours ago but now it is at 73 Gwei for average transaction type. https://ethgasstation.info/calculatorTxV.php.
The guide of Ratimov can help to cancel or replace your transactions (ETH or ERC20 tokens).
Transaction fee dropped to 53 Gwei hours ago but now it is at 73 Gwei for average transaction type. https://ethgasstation.info/calculatorTxV.php.
The guide of Ratimov can help to cancel or replace your transactions (ETH or ERC20 tokens).
I sent ER20 token this morning. I thought $2,5 of transaction fees are enough but it seems it wasn't. The transaction has been pending since five hours now. Is there any way to speed up the confirmation for example by sending further tx fee (I sometimes use this in Bitcoin when a transaction is stuck)?
If you are using metamask there's an easy way to fix that just go-to activity and click speed up or cancel the transaction but, if you sent it using a normal wallet then you need to resend the transaction with the same nonce with but with a higher gas fee.
I used my Ledger Nano wallet. In the meanwhile (after almost seven hours) the transaction was rejected and marked as failed. So I can spend my tokens again, but if this happens again in the future, is there also a method to speed up transactions which were sent with Ledger Nano wallet?
Check the article link below it should help you in the future if you ever get stuck with a pending transaction you could either cancel it or speed it up.
https://kb.myetherwallet.com/en/transactions/checking-or-replacing-a-tx-after-sending/
If they launch 2.0 full of bugs then ETH will be destroyed, better they launch the testnet only when it is ready and then let developers and users discover bugs so they can be fixed before the launch of the mainnet.
Yes, it was postponed so mane times. but this TX fees become crazy nowdays. Especially on Uniswap exchange. they must launch 2.0 as soon as possible
I would not be surprised if the date for the launch of the testnet was postponed.
News update for ETH 2.0
Testnet will be launched on 29 September and it is a good progress to the official ETH 2.0. More intensive progress towards ETH 2.0 as I see from the eth2 quick update no. 17.
Testnet will be launched on 29 September and it is a good progress to the official ETH 2.0. More intensive progress towards ETH 2.0 as I see from the eth2 quick update no. 17.
Yes, it was postponed so mane times. but this TX fees become crazy nowdays. Especially on Uniswap exchange. they must launch 2.0 as soon as possible
I would not be surprised if the date for the launch of the testnet was postponed.
News update for ETH 2.0
Testnet will be launched on 29 September and it is a good progress to the official ETH 2.0. More intensive progress towards ETH 2.0 as I see from the eth2 quick update no. 17.
Testnet will be launched on 29 September and it is a good progress to the official ETH 2.0. More intensive progress towards ETH 2.0 as I see from the eth2 quick update no. 17.
Agreed with you now it is normal thing in ETH if they decide to make it postpone due to instability or new bugs have been found there. But this time they are looking more confident than before so let's see how it will goes through.
I sent ER20 token this morning. I thought $2,5 of transaction fees are enough but it seems it wasn't. The transaction has been pending since five hours now. Is there any way to speed up the confirmation for example by sending further tx fee (I sometimes use this in Bitcoin when a transaction is stuck)?
If you are using metamask there's an easy way to fix that just go-to activity and click speed up or cancel the transaction but, if you sent it using a normal wallet then you need to resend the transaction with the same nonce with but with a higher gas fee.
I used my Ledger Nano wallet. In the meanwhile (after almost seven hours) the transaction was rejected and marked as failed. So I can spend my tokens again, but if this happens again in the future, is there also a method to speed up transactions which were sent with Ledger Nano wallet?
I would not be surprised if the date for the launch of the testnet was postponed.
News update for ETH 2.0
Testnet will be launched on 29 September and it is a good progress to the official ETH 2.0. More intensive progress towards ETH 2.0 as I see from the eth2 quick update no. 17.
Testnet will be launched on 29 September and it is a good progress to the official ETH 2.0. More intensive progress towards ETH 2.0 as I see from the eth2 quick update no. 17.
I sent ER20 token this morning. I thought $2,5 of transaction fees are enough but it seems it wasn't. The transaction has been pending since five hours now. Is there any way to speed up the confirmation for example by sending further tx fee (I sometimes use this in Bitcoin when a transaction is stuck)?
If you are using metamask there's an easy way to fix that just go-to activity and click speed up or cancel the transaction but, if you sent it using a normal wallet then you need to resend the transaction with the same nonce with but with a higher gas fee.
News update for ETH 2.0
Testnet will be launched on 29 September and it is a good progress to the official ETH 2.0. More intensive progress towards ETH 2.0 as I see from the eth2 quick update no. 17.
Source: https://blog.ethereum.org/2020/09/22/eth2-quick-update-no-17/
Testnet will be launched on 29 September and it is a good progress to the official ETH 2.0. More intensive progress towards ETH 2.0 as I see from the eth2 quick update no. 17.
Quote
Spadina Launchpad is live. Spadina genesis in 7 days!
Deposit CLI audit completed by Trail of Bits
EIP 2982: Serenity Phase 0 released
Deposit CLI audit completed by Trail of Bits
EIP 2982: Serenity Phase 0 released
Source: https://blog.ethereum.org/2020/09/22/eth2-quick-update-no-17/
Jump to: