Ethereum in 2023 with Vitalik Buterin
https://www.youtube.com/watch?v=QXKqIIf6_AE&t=37s
Ethereum co-founder Vitalik Buterin has shared three “huge” opportunities yet to be realized in crypto: mass wallet adoption, inflation-resistant stablecoins and Ethereum-powered website logins.
https://cointelegraph.com/news/vitalik-buterin-reveals-3-huge-opportunities-for-crypto-in-2023
Topic: [ANN] Ethereum: Welcome to the Beginning - page 9. (Read 2003740 times)
NFT Taipei
https://m.techflowpost.com/article/1804
"In the conversation, Vitalik said that zk-STARK technology will become as important as blockchain in the next 10-20 years.As a powerful privacy technology, it can not only solve the problems of blockchain applications, but also serve as a central improvement. security for users of an optimized system."
https://m.techflowpost.com/article/1804
"In the conversation, Vitalik said that zk-STARK technology will become as important as blockchain in the next 10-20 years.As a powerful privacy technology, it can not only solve the problems of blockchain applications, but also serve as a central improvement. security for users of an optimized system."
do you read chinese ?
https://icolink.com/ico-news/vitalik-buterin-zk-stark-is-extremely-promising.html
____
https://usa.visa.com/solutions/crypto/auto-payments-for-self-custodial-wallets.html
"We see auto-payments as a core functionality that existing blockchain infrastructure lacks. In this article, we shared a novel solution that leverages the concept of account abstraction to provide self-custodial wallets with automatic recurring payments capability. Using the approach we have introduced, other real-world applications beyond recurring payments could be brought to the blockchain. At Visa, our goal is to help create better user experiences leveraging existing as well as new payment rails. To that end, we believe that programmable money and programmable payments represent an exciting opportunity."
NFT Taipei
https://m.techflowpost.com/article/1804
"In the conversation, Vitalik said that zk-STARK technology will become as important as blockchain in the next 10-20 years.As a powerful privacy technology, it can not only solve the problems of blockchain applications, but also serve as a central improvement. security for users of an optimized system."
https://m.techflowpost.com/article/1804
"In the conversation, Vitalik said that zk-STARK technology will become as important as blockchain in the next 10-20 years.As a powerful privacy technology, it can not only solve the problems of blockchain applications, but also serve as a central improvement. security for users of an optimized system."
do you read chinese ?
NFT Taipei
https://m.techflowpost.com/article/1804
"In the conversation, Vitalik said that zk-STARK technology will become as important as blockchain in the next 10-20 years.As a powerful privacy technology, it can not only solve the problems of blockchain applications, but also serve as a central improvement. security for users of an optimized system."
https://m.techflowpost.com/article/1804
"In the conversation, Vitalik said that zk-STARK technology will become as important as blockchain in the next 10-20 years.As a powerful privacy technology, it can not only solve the problems of blockchain applications, but also serve as a central improvement. security for users of an optimized system."
https://thecryptobasic.com/2022/12/07/ethereum-developers-confirm-shanghai-upgrade-will-enable-staked-eth-withdrawals/
"Ethereum developers, in a recent call, confirmed that they will roll out the Shanghai upgrade without EIP 4844 to eliminate delays in enabling withdrawals for staked ETH.
Ethereum developers, during the 99th Consensus Layer (CL) call held on December 1, have disclosed that they will be rolling out the Shanghai Upgrade without EIP 4844 to eliminate delays in Ethereum staking withdrawals, per a Galaxy Insights report.
Notably, the conclusions from the meeting confirm the previous report by The Crypto Basic, where developers expressed the belief that they could roll out staking withdrawals with the Shanghai upgrade in March. Furthermore, it clears any doubts about a significant delay."
"Ethereum developers, in a recent call, confirmed that they will roll out the Shanghai upgrade without EIP 4844 to eliminate delays in enabling withdrawals for staked ETH.
Ethereum developers, during the 99th Consensus Layer (CL) call held on December 1, have disclosed that they will be rolling out the Shanghai Upgrade without EIP 4844 to eliminate delays in Ethereum staking withdrawals, per a Galaxy Insights report.
Notably, the conclusions from the meeting confirm the previous report by The Crypto Basic, where developers expressed the belief that they could roll out staking withdrawals with the Shanghai upgrade in March. Furthermore, it clears any doubts about a significant delay."
What in the Ethereum application ecosystem excites me
These are all problems that can be solved, and there is a strong drive to solve them. The FTX collapse has shown many people the importance of truly decentralized solutions to holding funds, and the rise of ERC-4337 and account abstraction wallets gives us an opportunity to create such alternatives. Rollup technology is rapidly progressing to solve scalability, and transactions already get included much more quickly on-chain than they did three years ago.
https://vitalik.eth.limo/general/2022/12/05/excited.html
ERC 4337: account abstraction without Ethereum protocol changes
https://medium.com/infinitism/erc-4337-account-abstraction-without-ethereum-protocol-changes-d75c9d94dc4a
These are all problems that can be solved, and there is a strong drive to solve them. The FTX collapse has shown many people the importance of truly decentralized solutions to holding funds, and the rise of ERC-4337 and account abstraction wallets gives us an opportunity to create such alternatives. Rollup technology is rapidly progressing to solve scalability, and transactions already get included much more quickly on-chain than they did three years ago.
https://vitalik.eth.limo/general/2022/12/05/excited.html
ERC 4337: account abstraction without Ethereum protocol changes
https://medium.com/infinitism/erc-4337-account-abstraction-without-ethereum-protocol-changes-d75c9d94dc4a
https://cryptonews.net/news/ethereum/16938737/
As Glassnode data suggests, Ethereum's burning machine does not work as well as one would have expected. The total net coin issuance since switching to PoS has reached +2,317 ETH recently, making the post-Merge period for Ethereum inflationary, despite the most recent drop in issuance size.
https://twitter.com/glassnode/status/1597830873889792002
"Since the #Ethereum Merge, the total net coin issuance has been just +2,317 $ETH.
A total of 131,454 $ETH has been issued to PoS validators, whilst 129,137 $ETH has been burned via EIP1559."
As Glassnode data suggests, Ethereum's burning machine does not work as well as one would have expected. The total net coin issuance since switching to PoS has reached +2,317 ETH recently, making the post-Merge period for Ethereum inflationary, despite the most recent drop in issuance size.
https://twitter.com/glassnode/status/1597830873889792002
"Since the #Ethereum Merge, the total net coin issuance has been just +2,317 $ETH.
A total of 131,454 $ETH has been issued to PoS validators, whilst 129,137 $ETH has been burned via EIP1559."
Staking technology provider Kiln has closed out a $17.8 million fundraising round featuring the likes of Consensys and Kraken Ventures. The company believes there’ll be “exponential” growth in demand for Ether.
Ethereum’s recent transition to proof-of-stake (PoS) consensus also leads Sazbo to believe that demand for ETH staking will “grow exponentially.” His firm cited data from other PoS protocols that see between 50-80% of assets staked, in comparison to the 12.5% of ETH’s total supply currently staked in the Beacon Chain contract.
https://cointelegraph.com/news/staking-tech-firm-kiln-closes-17-8-million-eyes-future-eth-staking-demand
Ethereum’s recent transition to proof-of-stake (PoS) consensus also leads Sazbo to believe that demand for ETH staking will “grow exponentially.” His firm cited data from other PoS protocols that see between 50-80% of assets staked, in comparison to the 12.5% of ETH’s total supply currently staked in the Beacon Chain contract.
https://cointelegraph.com/news/staking-tech-firm-kiln-closes-17-8-million-eyes-future-eth-staking-demand
Ethereum still has long ways to go. Still early in adoption.
It is impossible to make one blockchain that will be perfect for the whole world. The main development should be in tier 2 solutions, where transactions are cheaper and higher throughput. If the TPS in Ethereum gives out up to 1000 or 3000, then this will not change the situation.
Ethereum still has long ways to go. Still early in adoption.
https://www.coindesk.com/tech/2022/11/24/ethereum-software-firm-consensys-reveals-it-collects-user-data/
Ethereum Software Firm ConsenSys Reveals it Collects User Data
"The firm said when using Infura as an RPC on MetaMask, a user's IP address and wallet address information would also be collected.
One of the firms behind the Ethereum merge, ConsenSys, said on Thursday that it also collects user data related to its on-chain wallet service MetaMask.
The revelation comes days after decentralized crypto exchange (DEX) Uniswap made a similar update to its privacy policy, as reported."
Ethereum Software Firm ConsenSys Reveals it Collects User Data
"The firm said when using Infura as an RPC on MetaMask, a user's IP address and wallet address information would also be collected.
One of the firms behind the Ethereum merge, ConsenSys, said on Thursday that it also collects user data related to its on-chain wallet service MetaMask.
The revelation comes days after decentralized crypto exchange (DEX) Uniswap made a similar update to its privacy policy, as reported."
The hacker behind the theft of more than $447 million of crypto from the crypto exchange FTX has been again spotted moving their ill-gotten funds.
Accoding to Etherscan data, between 4:11 to 4:17 pm UTC on November 21, the attacker moved a total of 180,000 Ether across 12 newly created wallets — each receiving 15,000 ETH. The total amount moved totaled $199.3 million at current prices.
https://cointelegraph.com/news/on-the-move-ftx-hacker-splits-nearly-200m-in-eth-across-12-wallets
Accoding to Etherscan data, between 4:11 to 4:17 pm UTC on November 21, the attacker moved a total of 180,000 Ether across 12 newly created wallets — each receiving 15,000 ETH. The total amount moved totaled $199.3 million at current prices.
https://cointelegraph.com/news/on-the-move-ftx-hacker-splits-nearly-200m-in-eth-across-12-wallets
Exchanges warned to be on alert for frantic attempts to dump stolen FTX ETH
https://www.newsnow.co.uk/h/Business+&+Finance/Cryptocurrencies/Blockchain
https://www.cnbc.com/2022/11/21/ftx-theft-hackers-start-to-launder-477-million-of-stolen-crypto.html
FTX, its executives, and SBF's parents bought 19+ properties in the Bahamas worth ~$121M over the past two years as “residence for key personnel”
https://www.reuters.com/technology/exclusive-bankman-frieds-ftx-parents-bought-bahamas-property-worth-121-mln-2022-11-22/
buy the dip, right?
I have some domains im offering for the lowest price yet.
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ethereum.support - http://ebay.com/itm/325435175641
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I registered these when they were first available. They have been unused since.
PM serious offers if you dont want to use ebay
I have some domains im offering for the lowest price yet.
ethereum.solutions - http://ebay.com/itm/325435173425
ethereum.support - http://ebay.com/itm/325435175641
ethereum.systems - http://ebay.com/itm/325435177129
ethereum.construction - http://ebay.com/itm/325435178619
ethereum.computer - http://ebay.com/itm/325435179576
ethereum.training - http://ebay.com/itm/325435181863
ethereum.contractors - http://ebay.com/itm/323767431809
I registered these when they were first available. They have been unused since.
PM serious offers if you dont want to use ebay
The hacker behind the theft of more than $447 million of crypto from the crypto exchange FTX has been again spotted moving their ill-gotten funds.
Accoding to Etherscan data, between 4:11 to 4:17 pm UTC on November 21, the attacker moved a total of 180,000 Ether across 12 newly created wallets — each receiving 15,000 ETH. The total amount moved totaled $199.3 million at current prices.
https://cointelegraph.com/news/on-the-move-ftx-hacker-splits-nearly-200m-in-eth-across-12-wallets
Accoding to Etherscan data, between 4:11 to 4:17 pm UTC on November 21, the attacker moved a total of 180,000 Ether across 12 newly created wallets — each receiving 15,000 ETH. The total amount moved totaled $199.3 million at current prices.
https://cointelegraph.com/news/on-the-move-ftx-hacker-splits-nearly-200m-in-eth-across-12-wallets
https://hackmd.io/@vbuterin/proof_of_solvency
Having a safe CEX: proof of solvency and beyond
Most updated version will be here:
https://vitalik.ca/general/2022/11/19/proof_of_solvency.html
"Conclusions: the future of better exchanges
In the short term, there are two clear "classes" of exchanges: custodial exchanges and non-custodial exchanges. Today, the latter category is just DEXes such as Uniswap, and in the future we may also see cryptographically "constrained" CEXes where user funds are held in something like a validium smart contract. We may also see half-custodial exchanges where we trust them with fiat but not cryptocurrency."
Having a safe CEX: proof of solvency and beyond
Most updated version will be here:
https://vitalik.ca/general/2022/11/19/proof_of_solvency.html
"Conclusions: the future of better exchanges
In the short term, there are two clear "classes" of exchanges: custodial exchanges and non-custodial exchanges. Today, the latter category is just DEXes such as Uniswap, and in the future we may also see cryptographically "constrained" CEXes where user funds are held in something like a validium smart contract. We may also see half-custodial exchanges where we trust them with fiat but not cryptocurrency."
The link you provided is behind a paywall making it unreadable unless payment is made to sign up to their subscription but I think the point you made has been noted but the claim has been disputed by some and dismissed by others:
Nasdaq Article
I have to say there is big difference between what Vitalik Buterin stated citing data suggested a reduction in 0.2 energy consumption as a result of Ethereum moving to Proof of stake and that actually happening. There is no evidence there was any increase or decrease in worldwide energy consumption as a result of Ethereum abandoning their proof or work set-up.
When those mining farms, businesses and individuals stopped mining ETH (after it moved to proof of stake), they switched over to mining any other proof of work crypto they thought would be lucrative and that process in itself would not facilitate any noticeable drop of energy consumption on a global level.
Nasdaq Article
I have to say there is big difference between what Vitalik Buterin stated citing data suggested a reduction in 0.2 energy consumption as a result of Ethereum moving to Proof of stake and that actually happening. There is no evidence there was any increase or decrease in worldwide energy consumption as a result of Ethereum abandoning their proof or work set-up.
When those mining farms, businesses and individuals stopped mining ETH (after it moved to proof of stake), they switched over to mining any other proof of work crypto they thought would be lucrative and that process in itself would not facilitate any noticeable drop of energy consumption on a global level.
Worldwide electricity consumption ‘drops 0.2%’ as Ethereum crypto mines shut down, researcher claims
Before ‘the Merge’, the world’s second-largest cryptocurrency had similar energy demands to the Netherlands
Worldwide electricity consumption has dropped by 0.2 per cent after the world’s second largest cryptocurrency switched to a “green blockchain”, according to developers.
https://www.independent.co.uk/independentpremium/world/ethereum-merge-energy-buterin-crypto-b2168924.html
Before ‘the Merge’, the world’s second-largest cryptocurrency had similar energy demands to the Netherlands
Worldwide electricity consumption has dropped by 0.2 per cent after the world’s second largest cryptocurrency switched to a “green blockchain”, according to developers.
https://www.independent.co.uk/independentpremium/world/ethereum-merge-energy-buterin-crypto-b2168924.html
How did we get here that ETH staking withdrawal has been suspended indefinitely and people are queit about it?
It was quite obvious where eth central bank (aka eth foundation) goes right after the first eth fork years ago!
I am having problems accessing old ETH address created with Ledger Nano S and MEW a few years ago. I assume it is because of an exotic derivation path I used back then. Is there any way (or tool) to determine the derivation path from a provided ETH address?
If you changed the derivation path yourself, you will have to select this path by brute force. And I change the derivation path in a third-party program when I want to get access to the second and subsequent wallets on the ledger. 
How did we get here that ETH staking withdrawal has been suspended indefinitely and people are queit about it?
Worldwide electricity consumption ‘drops 0.2%’ as Ethereum crypto mines shut down, researcher claims
Before ‘the Merge’, the world’s second-largest cryptocurrency had similar energy demands to the Netherlands
Worldwide electricity consumption has dropped by 0.2 per cent after the world’s second largest cryptocurrency switched to a “green blockchain”, according to developers.
https://www.independent.co.uk/independentpremium/world/ethereum-merge-energy-buterin-crypto-b2168924.html
Before ‘the Merge’, the world’s second-largest cryptocurrency had similar energy demands to the Netherlands
Worldwide electricity consumption has dropped by 0.2 per cent after the world’s second largest cryptocurrency switched to a “green blockchain”, according to developers.
https://www.independent.co.uk/independentpremium/world/ethereum-merge-energy-buterin-crypto-b2168924.html
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