Ethereum reddit today. Basically, Ethereum will upgrade to Ethereum 2.
- Ethereum reddit today Some miners are concerned that their income will drop as a result of EIP-1559, raising the possibility of a contentious fork and reduced miner activity — or even two competing Ethereum chains (similar to what Welcome to /r/EthTrader, a 100% community driven sub. 3%, but the cost of leverage declined to 2% the next day, so whatever caused the rate spike was 3 days ago · Ethereum price is down today after the biggest altcoin failed to flip the $4,000 level into support for the third time in 2024. Binance. One notable whale, identified as '0x435', invested 70 million USDC to purchase 23,790 ETH when the price dropped to around $2,942. L1 cannot be used as a currency today with its 15 transactions per second throughput. With UTXO, you have ~n transactions that add up to 1 balance. 28319 Total views . Not everyone is on board, though. That problem will be tackled with sharding. Welcome to /r/EthTrader, a 100% community driven sub. He was the creator of the original upgrade plan for Eth to Eth 2. Ethereum's design today is extremely modular. Basically, Ethereum will upgrade to Ethereum 2. They operate their products atop an Ethereum zkRollup Layer2 Exchange & Payment Protocol (v3), the Loopring Protocol. Ethereum is set to introduce social recovery feature with its Pectra hard fork, slated for late 2024 to early 2025. 9, 2023, the Ethereum funding rate soared above 5% per month as Ether's price rallied 13. Later this year as the DeFi and NFT use cases influence the crypto narrative and Ethereum issuance drops off the face of the Earth, it will skyrocket in value. The crypto community is excited as the SEC might decide today on the first spot Ethereum ETF. While many point out that you can obtain interest through staking once PoS launches, this is already partially true today. Right now, I’m holding about 13. Listing Policy. g, the techno-aspie obsession with life extension and synthetic wombs) but I don't need to care or worry that his personal views are going to affect the tldr; Google searches for “Ethereum merge” just hit an all-time high. 58 USD. Listen to article . Then he left Eth and built Polkadot to supersede Ethereum It's essentially the unofficial ETH 2. Read Next: Bitcoin To $180,000, Ethereum Over $6,000, Solana To $500 The live Ethereum price today is $3,430. The amount you can paid is based on inflation. Some expert crypto analysts believe that Ethereum may overtake Bitcoin in the coming years, as it continues to grow and be accepted worldwide. Dec 2, 2024 · A spot Ethereum ETF is an exchange-traded fund that invests directly in Ethereum, the world’s second-largest cryptocurrency by market capitalization after Bitcoin. 3M subscribers in the ethereum community. It is very much like a dividend paying stock, but much more volatile since Ethereum is a cryptocurrency. With accounts, think of your bank account - you have 1 balance that represents your account. True, I remember everything pumping, first Chainlink, then Polkadot, then Cardano and DeFi tokens and all of a sudden Ethereum exploded upwards in a brutal manner! Reply reply Cptn_BenjaminWillard ETH is not dead. 5 bitcoins for a ratio of approximately 60% to 40% in favor of ethereum. The large demand to use Ethereum has pushed transaction fees quite high (however, fees were just a few cents only 2 years ago). On July 23, the SEC allowed What Ethereum users like about Ethereum is that it CAN change. Oct 5, 2024 · Hundreds of thousands of Ethereum enthusiasts gather in these online forums to share news, talk about recent developments, debate technical issues, and imagine the future. Dive in at ethereum. Empowered by Coinbase: Base makes it easy to build decentralized apps with access to Coinbase’s products, users, and tools. It leverages the underlying security of Ethereum, along with Coinbase’s best practices, to enable you to confidently onramp into Base from Coinbase, Ethereum L1, and other interoperable chains. 5 ethereum and an entire Bitcoin which would give me a ratio of approximately 80% Bitcoin to 20% ethereum. Most of projects on there are copy-paste of ethereum apps done by shitty devs. The moment ethereum comfortably sits in the 6 figures, that’s when I can finally say that I can already retire, and live off lending interest of about 5 to 7% APY. Many of us are familiar with Maker and CDPs - which means you can create Dai by staking your ETH and getting interest on platforms such as compound, in the future also Maker itself. No one likes the high fees, however this is needed to secure the blockchain, hopefully in the future they go down. r/EtherMining - Ether Mining discussion. 206 votes, 171 comments. To pay for transactions, you will need Ether. 94 votes, 116 comments. ) - released today This is a new project that we released today. I'm posting this here because I wanted to respond to the post in r/ethereum asking about what we think will happen to Ethereum in 10 years and I hit a 10k character limit and I think a full post should be dedicated to the idea and thesis anyway. The live Ethereum price today is $3,430. When say 16 people are trying to make a transaction each second ETH becomes deflationary. One thing I can not recall is where ethereum was in development at that time. 7B,and was around $20. It’s scheduled to go live sometime between today and tomorrow at Ethereum block 12,965,000. TL;DR We are scaling Reddit’s Community Points with Arbitrum! Today we are deploying a new Layer-2 rollup using Arbitrum technology. The home of all things X-Men on reddit, be it comic books, film, television, gaming or any other medium that Marvel's mutants have inspired people over the last half-century. While Bitcoin and Ethereum have trust, they do not have speed and of course the gas is and will be brutal when transaction rates go up. Smart contracts have a bright future, and you can't have L2 or rollups without ethereum, so safe to say it will be arround for a long time tldr; As Ethereum's price fell below the $3,000 support level, significant Ethereum whales began to accumulate large amounts of ETH, demonstrating a strategic investment approach amidst market volatility. 5 ethereum and . Ethereum Classic is an open, decentralized, and permissionless public blockchain, that aims to fulfill the original promise of Ethereum, as a platform where smart contracts are free from third-party interference. " Bitcoin is not the same as Ethereum, so it cannot replace Ethereum. I was surprised to discover just how expensive Ethereum transaction fees can be. You can operate on Layer 1 (direct to Ethereum) or Layer 2 built on the Loopring protocol. 2 days ago · BlackRock's iShares Ethereum Trust ETHA led with a $80. Next-generation platform for decentralised applications. You will need Ether/ERC-20 tokens: All of this happens on the Ethereum blockchain. org follows a strict policy for determining eligibility: Eligibility Criteria r/ethfinance - A community for investors, traders, users, developers, and others to discuss Ethereum and its cryptocurrency ETH. Ethereum is down 4. Decentralized Apps (dapps) One of Ethereum’s biggest use cases is that it can have tokens built on top of it that can perform a variety of functions and tasks. The way I was gonna tackle my strategy for trading was instead of doing multiple short terms trades over the course of a few hours. you dont have to email them to get access to active trader, i just opened my account today and when i was going to purchase, right below the purchase button is a button that says other purchasing options, and it send me to active trader. I mean, there are so many things that I find revolting about some of his values (e. And the massive drop in price wasn't a bug, but a whale selling ~250 BTC and crashing the liquidity market of that specific exchange. Welcome to /r/EthTrader, a 100% community driven sub. r/ethstaker - About staking your ETH: help and guidance. The current CoinMarketCap ranking is #2, with a live market cap of $413,225,295,941 USD. Bitcoin is just used for transferring money, Ethereum is used to build and run applications on the blockchain. Loopring Foundation is a blockchain research organization building protocols, infrastructure, and user-facing DeFi products for the future of finance. 59 USD with a 24-hour trading volume of $57,682,778,198 USD. To me, Ethereum is not going anywhere. Ethereum holds several technological advantages over its older bitcoin and altcoin siblings. Althought ini case of Ethereum there is a case when the owners of Ethereum reversed some transaction (then the ETH forked in two versions ETH classic and the other Ethereum). You can on-ramp direct to layer two and never pay the high fees of Ethereum layer 1 interaction while still getting Layer 1 security in transactions. 60% in the last 24 hours. Ethereum has not been captured by the US and Ethereum is not OFAC complient - you'll get a transaction that "needs" to be censored through on Ethereum faster than you would on bitcoin. Investing in crypto may seem like a gamble at first because of the volatility, but like every other market, it can be predicted to a certain extent. Recently, I attempted to send a payment of 460 USDT via the Ethereum network. 4 billion. r/ethereumnoobies - Ethereum for GameStop Wallet has two parts. Ethereum is one of the most decentralised networks out there, with the second most amount of validators. Feb 28, 2024 · On Nov. org Welcome to /r/EthFinance, A community for Ethereum investors, traders, users, developers, and others interested in discussing the cryptocurrency ETH and general topics related to Ethereum. We update our ETH to USD price in real-time. It's pretty nice, actually. I was gonna do one or two trades max over the course of the day. ETH is and will always be ultrasound money. We would like to show you a description here but the site won’t allow us. We will be testing this scaling network on top of Rinkeby, before migrating to the Ethereum mainnet. tldr; Ethereum's "Dencun" upgrade takes effect today, introducing lower transaction fees and proto-danksharding to the network. In the beginning there was only one Ethereum but an attack stole a considerable quantity of ETH from an account and then the community decided to reverse the transactions creating a hard fork. This upgrade, the largest since the 2022 Merge, makes the network more efficient by deleting blocks after a certain period, unlike the current system where blocks remain forever. 675B. true. - 94 of the top 100 projects built on Ethereum - Lightning aiden Network close - Devcon4 already sold out - Block reward reducing - ETH futures soon - Dev community >250k - ICOs still raise in ETH - 14k decentralised nodes - Vitalik is a genius. 0. From what I can tell ethereum was a very practical gen2 version of bitcoin that kept a lot of the decentralization while adding value to the coin as a financial tool with smart contracts and other features more friendly to financial institutions. Further down the roadmap Ethereum should be capable of settling in excess of 1,000,000 transactions per second. Cashing out just enough for yearly expenditure. To maintain the integrity and value of the listed communities, ethereum. No, the coolest thing about him is that he knows that the only way to get Ethereum to be as big as today was by not requiring to put any trust on him at all. It helps you save gas fees on Ethereum mainnet by timing your transactions. Ethereum foundation are working hard and just keep building, yes of course other L1s build but Ethereum has more adaption. r/ethtrader - Trading sub, for price discussion of Ether and other cryptocurrencies. (like how Vitalik's gas limit proposition got ignored and sharding on L1 not being a priority anymore). Gas prices weren't meant to be solved by proof of stake. Ethereum. When that happens, I cant see any other option but to interface with cryptocurrency and the fastest and trustworthy option will win. That makes it more like Alphabet’s (NASDAQ:GOOG, NASDAQ:GOOGL) Google Wallet or Apple’s (NASDAQ:AAPL) Apple Pay, rather than a $100 bill. 59 USD with a 24-hour trading volume of $57,682,778,197. (EIP 1559 and ETH 2. 7 million net inflow on Wedneday, taking total inflows to $3. Subtle difference, but a huge UX gain in my opinion. This implementation continued as Ethereum. Gavin Wood built Ethereum he was the main devopler he did 80%+ of all the work to build the original ETH. Advertise on Reddit; Ethereum validators are randomly selected to propose new blocks to the blockchain every 12 seconds using a pseudorandom mechanism called RANDAO. With the mainnet on the horizon along with other amazing phases, Cardano is so close to being one of the most useful protocols to ever exist. 0) Ethereum also goes by ETH and ether. The Ethereum proof of work chain still exists… just nobody uses it because the community wanted proof of stake. Cardano has a market cap today around $1. 23 USD. On the other hand, the ones who opposed this continue with the old Ethereum and it is called Ethereum classic. Ethereum Subreddits; r/ethfinance 88,413 members. Selection is based on a combination of factors, including the validator's stake, availability, and some randomness. However, there are several key distinctions between mining Ethereum and mining Bitcoin. here, with some exciting news to share today: Reddit has teamed up with the Ethereum Foundation to establish Reddit’s first-ever blockchain partnership! As Reddit continues to grow with more than 50 million daily users and hundreds of thousands of communities, the platform has long maintained a decentralized ethos by empowering users to 648 votes, 428 comments. Looking back at ethereum in 2017, it hit a market cap of 1. 0, which will use different consensus mechanism that no longer requires mining. 23 fees? Ethereum uses an accounts based model and not a UTXO model. Yes, there are good projects on there like the VENUS protocol and PancakeSWAP, but nothing compared to what you can find on Ethereum. Members Online It never occurred to me before because he’s been iconic the whole time I’ve been alive, but Cyclops’ codename is remarkably weird. If I were to sell just a bit less than ten whole ethereum (the overwhelming majority of my stack) and purchase Bitcoin instead, I’d be left with about 3. These products include the Loopring Wallet app, an Ethereum L1 & L2 social recovery smart wallet, the Loopring Layer2 Decentralized Exchange (DEX), a non-custodial orderbook & AMM-based zkRollup L2 DEX, and the Loopring L2 Relayer. New app to save gas fees on Ethereum Mainnet (35% on avg. This will be based on Ethereum after its two biggest updates are released in the next 1-2 years. This got me wondering: is this really what the future of finance looks like? $47. org Week in Eth News Staking Launchpad EthMerge. com. I don’t own any crypto but I am interested in blockchain and looked into a bit long before shitcoins we’re coming out our ears. It's significantly undervalued compared to what it should be -- Ethereum right now should be equal marketcap with Bitcoin. Why are Ethereum transaction fees so high? Like most blockchains, Ethereum fees are determined by supply-and-demand. Here you can discuss Ethereum news, memes, investing, trading, miscellaneous market-related subjects and other relevant technology. Whatever the all-powerful (sarcasm) Vitalik does isn’t law, because the community has to agree. Fees are especially high during market volatility, and during NFT drops. The thing is now, I'm starting to believe that Ethereum lost the position as a cheap L1 chain and it's never getting it back because they don't care about cheap L1 anymore. 220 Total shares . Staking ether is basically holding ether and getting paid. Bitcoin is a decentralised digital ledger, Ethereum is a decentralised virtual computer. Personally hodling for life. These products include the Loopring Wallet app, an Ethereum L1 & L2 social recovery smart wallet, the Loopring Layer2 Ethereum Classic is an open, decentralized, and permissionless public blockchain, that aims to fulfill the original promise of Ethereum, as a platform where smart contracts are free from third-party interference. Ethereum cannot be shut down by the govt either, and Gensler isn't saying ETH is a security, he's saying that CEX's providing liquid staking derivatives is I still think that not nearly enough people have realized the importance and bullish nature of this week's breaking news of the first Ethereum Futures ETF approval from SEC for the VanEck EFUT ETF, we just had the second asset in Crypto after BTC in 2021 to get an ETF approval. Firstly, the cryptocurrency acts more like a contract than a coin. SEC Chair Gary Gensler recently hinted at an announcement, saying "stay tuned. . 0 which will have another marketing name, which should allow lower fees etc, this year. And there is coming the ETH 2. us is a relatively smaller exchange compared to GDAX (Coinbase) or the actual Binance. I only see Solana and Aleph Zero as an option right now. IMO Ethereum is the safest, most advanced, dominant L1. However, I was shocked to find that the network fees alone amounted to a whopping 47. This feature is part of the EIP 3074 and is designed to help users recover lost digital assets without needing traditional seed phrases. r/ethstaker 51,281 members. qmzyh nfe flcuoa padu tvbbs eca icv vrjtuz zwqpz ovpiv
