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Topic: [ANN] Ethereum: Welcome to the Beginning - page 7. (Read 2006755 times)

legendary
Activity: 1974
Merit: 4715
https://twitter.com/AltCryptoGems/status/1656293008139010049?
"mewWatch: the number of $ETH validators who behave in accordance with the U.S. Treasury Department's sanctions policy has dropped to 27% from a record 79% in November 2022."


Apparently the gingerbread is over!


https://www.ethnews.com/is-ethereum-founder-vitalik-buterin-planning-a-sell-off-fortune-move-sparks-imminent-sell-off-speculations/
Wallet addresses linked to Ethereum founder Vitalik Buterin are on the move, sparking fears of a possible selloff.
Recent transfers show Buterin’s wallet moving 3,500 ETH worth about $6.56 million to another address.
legendary
Activity: 1876
Merit: 1138
Ethereum’s staking rewards hit a record 8.6% post-Merge, with validators earning $46 million in the first week of May, citing the memecoin craze responsible.
Validators earned $46 million in the first week of May due to an increase in the staking rewards rate, which is a metric for validators’ annualized yield. According to data, validators earned 24,997 Ether in the week, representing a 40% increase over the previous week’s income of $33 million, when 18,339 ETH were distributed as rewards.

https://cointelegraph.com/news/ethereum-validators-earn-a-record-46m-as-staking-rewards-rate-surges
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
If you stumble upon a vulnerability or bug you could be inline for a huge bounty. According to Ethereum Foundation the maximum bounty reward has been increased to $250,000.

The previous highest paid was $50,000 to a user who reported Lighthouse beacon nodes crashed after receiving BlocksByRange messages containing large counts which caused the attack. The report can be read here
legendary
Activity: 1876
Merit: 1138
Ether whale population drops after Shapella — Will ETH price sink too?
Ether's supply across whale addresses has dropped consistently since March 2020, offset by greater retail interest.

The share of Ether held by so-called whale addresses has dropped since Ethereum's Shapella upgrade in mid April, suggesting that large investors may be leaning bearish in the near term.

ETH whale population shrinks post-Shapella
The amount of Ether  held by addresses with 1,000-10,000 ETH, or "whales," was over 14.033 million ETH on May 1, according to Glassnode data. In comparison, the count was 14.167 million ETH on April 12, when Shapella went live on Ethereum

https://cointelegraph.com/news/ethereum-whale-population-drops-after-shapella-will-eth-price-sink-too
legendary
Activity: 3431
Merit: 1233
I'm also tired of Bitcoin controlling the way every crypto blows.

Get used to it.
newbie
Activity: 298
Merit: 0
I propose another fork of Ethereum called "Cyberbuck". Maybe it can be both PoW and PoS idk. I created the symbol to go with it already. You can check it out at this link https://ibb.co/vPpfjcn
The PoW fork isn't performing and the Ethereum pos fees are stupid. I'm also tired of Bitcoin controlling the way every crypto blows.
legendary
Activity: 1974
Merit: 4715
https://etherscan.io/address/0x825309a7d45d1812f51e6e8df5a7b96f6c908887
One of the Ethereum ICO participants woke up. Almost 8 years ago, he bought these coins for 31 cents. Great investment that cost less than $1,000.
This is how you can become a millionaire in 8 years for an investment of less than $1,000. Perhaps he forgot about it, and only recently remembered.
hero member
Activity: 1328
Merit: 563
MintDice.com | TG: t.me/MintDice
https://cointelegraph.com/news/ethereum-researcher-says-staking-reveals-ip-address-sparking-privacy-concerns
A researcher at the Ethereum Foundation has revealed that the IP addresses of Ether  stakers are monitored as part of a broader set of metadata, causing the cryptocurrency community to flag Ethereum for privacy concerns.

In an April 12 interview on the crypto podcast Bankless, EF researcher Justin Drake revealed that he learned this information “internally” — presumably, at the foundation.

The metadata Drake referred to is used to track a wide range of things, he explained:

“There’s a lot of metadata, you can look at deposit addresses, you can look at withdrawal addresses, you can look at fee recipients, you can look at IP addresses.”
That's why it's called a centralized garbage! The lack of an open source easy to use wallet is another indicator.

I see this argument all the time, I never understand the hate. I personally think it's great that Bitcoin and Ethereum both exist. Bitcoin is a very stable/predictable/simple technology (for now) that people can count on. Ethereum has taken very innovative pathways and migrated onto POS.

I think the two very different paths creates more robustness for cryptocurrency as a whole ecosystem. If for some reason, Bitcoin or Ethereum get totally wrecked off in the future for some reason, at least the other one still exists.

And if you don't like either one, idk, don't buy it? Or short it if you really feel so compelled?
legendary
Activity: 1974
Merit: 4715
https://cointelegraph.com/news/ethereum-researcher-says-staking-reveals-ip-address-sparking-privacy-concerns
A researcher at the Ethereum Foundation has revealed that the IP addresses of Ether  stakers are monitored as part of a broader set of metadata, causing the cryptocurrency community to flag Ethereum for privacy concerns.

In an April 12 interview on the crypto podcast Bankless, EF researcher Justin Drake revealed that he learned this information “internally” — presumably, at the foundation.

The metadata Drake referred to is used to track a wide range of things, he explained:

“There’s a lot of metadata, you can look at deposit addresses, you can look at withdrawal addresses, you can look at fee recipients, you can look at IP addresses.”
That's why it's called a centralized garbage! The lack of an open source easy to use wallet is another indicator.
I would not call the only blockchain on which something really works on garbage dump.
Experts say that if the validator does not use relays, then it is safe. But the IP can be found in another way, so if you want to be a validator, then you need to know about it.
https://beaconcha.in/relays
I recommend an interesting post
Gary, tell us what is Ethereum?
https://bitcointalksearch.org/topic/gary-tell-us-what-is-ethereum-5449596
copper member
Activity: 1330
Merit: 899
🖤😏
https://cointelegraph.com/news/ethereum-researcher-says-staking-reveals-ip-address-sparking-privacy-concerns
A researcher at the Ethereum Foundation has revealed that the IP addresses of Ether  stakers are monitored as part of a broader set of metadata, causing the cryptocurrency community to flag Ethereum for privacy concerns.

In an April 12 interview on the crypto podcast Bankless, EF researcher Justin Drake revealed that he learned this information “internally” — presumably, at the foundation.

The metadata Drake referred to is used to track a wide range of things, he explained:

“There’s a lot of metadata, you can look at deposit addresses, you can look at withdrawal addresses, you can look at fee recipients, you can look at IP addresses.”
That's why it's called a centralized garbage! The lack of an open source easy to use wallet is another indicator.
legendary
Activity: 1974
Merit: 4715
https://cointelegraph.com/news/ethereum-researcher-says-staking-reveals-ip-address-sparking-privacy-concerns
A researcher at the Ethereum Foundation has revealed that the IP addresses of Ether  stakers are monitored as part of a broader set of metadata, causing the cryptocurrency community to flag Ethereum for privacy concerns.

In an April 12 interview on the crypto podcast Bankless, EF researcher Justin Drake revealed that he learned this information “internally” — presumably, at the foundation.

The metadata Drake referred to is used to track a wide range of things, he explained:

“There’s a lot of metadata, you can look at deposit addresses, you can look at withdrawal addresses, you can look at fee recipients, you can look at IP addresses.”
full member
Activity: 360
Merit: 100
FracTools - Oil Industry
"ETH Shanghai"

What should we expect from the upcoming Ethereum Shanghai update?

The long-awaited Ethereum (ETH) Shanghai update is happening today. It will be one of the greatest achievements of the developers and development teams working to advance the Ethereum network.

Do you know what you can expect from this update, that is, how it will affect token owners?

Find out in the blog:

What is the Ethereum Shanghai Update?
How will it affect staked ETH?
What is Ethereum staking?
Which cryptocurrencies can benefit from this update?

https://ecd.rs/blog/eth-update-shanghai/?utm_source=newsletter&utm_medium=email&utm_campaign=ethereum_shanghai_update_vazno_obavestenje&utm_term=2023-04-12
legendary
Activity: 1974
Merit: 4715
https://www.coindesk.com/business/2023/04/12/ethereums-shanghai-upgrade-only-a-small-step-forward-bank-of-america/
"The blockchain’s likely inability to increase throughput in the short term and increasing competition from alternative networks will constrain its adoption and usage, the report said.

Bank of America sees Ethereum upgrades as “significant technological accomplishments, but not necessarily more significant or advanced than those implemented by next-generation blockchains that have emerged as viable alternatives.”
The bank says Ethereum’s likely inability to increase throughput in the short term and increasing competition from alternative blockchains will constrain its adoption and usage.
Ethereum’s “long-term viability” is dependent on the execution of its development road map, the report said. This includes the implementation of a sharding approach called Danksharding, which aims to reduce the costs of transactions originating on scaling solutions and cut the processing and storage requirements for validators."
legendary
Activity: 1708
Merit: 1615
Payment Gateway Allows Recurring Payments
ConsenSys

Ethereum has now simultaneously upgraded its execution and consensus layers to enable staked ETH withdrawals.

It's time to celebrate! Claim your Ethereum, Evolved: Shanghai NFT now
https://twitter.com/ConsenSys/status/1646317331642040320
https://shanghai-capella.consensys-nft.com/
legendary
Activity: 1974
Merit: 4715
https://decrypt.co/125731/staked-ethereum-withdrawals-could-take-weeks-after-shanghai-upgrade-analyst
"The upgrades are hotly anticipated by users who staked ETH in the network—either as individual validators or through platforms like Lido Finance and Rocket Pool—as they will soon be able to withdraw their assets and accumulated rewards.
But Ethereum users may not be able to withdraw their funds immediately, or all at once. According to Andrew Thurman, a data analyst at Nansen, the length of the withdrawal queue could result in users having to wait several weeks to withdraw their funds."

“When you look at the fundamentals,” Thurman told Decrypt, “whatever the impact of withdrawals going live is, it's going to play out over a period of weeks and not days.”


https://wenmerge.com
legendary
Activity: 1876
Merit: 1138
The Ethereum blockchain is set to undergo its next major update since the network switched from proof-of-work to proof-of-stake through The Merge. The upcoming upgrade, dubbed “Shapella,” which combines the Shanghai and Capella validator changes, is expected to take place on April 12, 2023. While most users will not be affected by the change, the hard fork aims to enable staking validators to withdraw their staked ethereum.
Shapella Network Upgrade to Activate on the Ethereum Network at Epoch 194048
https://news.bitcoin.com/ethereums-shapella-upgrade-to-enable-staking-withdrawals-set-to-go-live-on-april-12/
copper member
Activity: 1330
Merit: 899
🖤😏
Those are the figures he calculated but the reality is the loss could be much worse than that. If you apply the same principle to all crypto (including Bitcoin) then the figures in USD$ would reach astronomical levels.

https://www.theblock.co/amp/post/221453/over-1-billion-of-ether-lost-forever-bugs-human-error
Over $1 billion of ether has been lost forever due to bugs and human error
2Coinbase director Conor Grogan categorized thousands of mistakes and bugs on the Ethereum blockchain.
He found that 636,000 ETH ($1.15 billion) has been lost forever — and that’s not including people that have lost access to their wallets."
Wow, do any of you guys know the addresses holding these lost coins? I might be able to work something out, but first I need to make sure that I'm not going after cold wallets of other people,  however after finding these lost coins I will share a percentage of the prize which hopefully the owners of those coins will give me, with anyone sharing intel on lost coins.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
Those are the figures he calculated but the reality is the loss could be much worse than that. If you apply the same principle to all crypto (including Bitcoin) then the figures in USD$ would reach astronomical levels.

https://www.theblock.co/amp/post/221453/over-1-billion-of-ether-lost-forever-bugs-human-error
Over $1 billion of ether has been lost forever due to bugs and human error
2Coinbase director Conor Grogan categorized thousands of mistakes and bugs on the Ethereum blockchain.
He found that 636,000 ETH ($1.15 billion) has been lost forever — and that’s not including people that have lost access to their wallets."
hero member
Activity: 1328
Merit: 563
MintDice.com | TG: t.me/MintDice
1 day, 11 hours until Shanghai. So many possible outcomes. Bearish most likely since released supply can only really go one direction but maybe some of it already priced in from the overall drop the past month+? Coming soon.

legendary
Activity: 1876
Merit: 1138
The Ethereum Shanghai hard fork, set to occur on April 12, will implement Ethereum Improvement Proposal (EIP)-4895 — allowing validators and stakers to withdraw staked ETH from the Beacon Chain — in addition to other EIPs, aiming to help increase transaction speeds while reducing transaction costs.
Shanghai refers to the fork on the execution layer client side, and Capella is the upgrade name on the consensus layer client side that is set to be executed shortly after Shanghai on April 12.
The execution layer is where all the smart contracts and protocol rules are, while the consensus layer ensures that all network validators follow these rules.
https://cointelegraph.com/news/eth-hits-7-month-high-ahead-of-shanghai-and-capella-upgrades
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