Is there an estimate yet on when ETH2 will launch? I keep hearing everything between mid-2022 and never. If it never launches (what are the odds of that?) what happens to peoples ETH that they have locked up staking? submitted by /u/Dagelmusic [link] [comments]
Ethereum blockchain co-founder and prominent leader in cryptocurrency Vitalik Buterin said that investors might be experiencing a “crypto winter,” but it’s not all bad news for them. He went on to say this could lead up into another digital asset universe as prices are currently low enough, which would give opportunities with significant gains potential when things pick back up again like before. In an interview with Bloomberg, Buterin said; A lot of people who are deep into crypto and especially make things welcome the bear market. They welcome the bear market because when prices go up so much in the long run – it’s obviously a lot of people rejoice – but it invites a very short period of time. Speculative attention. Related Reading | Bullish: Signals Suggest That Ethereum Might Make A Break Above $3,085 The cryptocurrency market took a plunge after reaching an all-time high in early November. Owing to investors’ and speculators’ expectations of positive economic news coming out of Covid. As a result, the Bloomberg Galaxy Crypto Index fell about 45% from its peak, with Ether declining by 40%. With the recent rise in prices, many people have seen their assets increase exponentially. CoinGecko is tracking 12,588 different tokens and reminds us all that this isn’t just a bull market. It’s been one for cryptocurrency as well. However, fraud and manipulation in this market can hurt you if used incorrectly or blindly follow leaders like sheep. And to get a rich quick scheme without understanding what they are getting into. Pumps & Dumps occur when traders try to gain money off others’ losses by pumping up prices before selling off at lower levels, creating fear amongst investors who think it might happen again soon, thus driving them towards safety. Crypto Winters As An Opportunity According to a 28-year-old crypto billionaire; Winter is the time when most of these applications go out. As a result, you can see which projects are long-term sustainable, as in their models and their teams and their people. The crypto winter maybe just a seasonal chill for this emerging industry, but Ethereum founder Vitalik Buterin told Bloomberg that he was “surprised” by the market’s move over last year. However, he is unsure whether crypto remains in its second winter or simply reflects volatility found within broader economies. Related Reading | Crypto Winter Is Thawing With Bitcoin And Ethereum Rebound Signal In Denver on February 12, he said; Crypto markets seem to flip switches from this particular group that is controlled by a specific group of participants. It is completely disconnected from traditional markets that behave more and more as if they were part of a mainstream financial market. Buterin added that Crypto Winter is an opportunity to make some significant changes for the better. The dangers of using cross-blockchain bridges were brought to light this year when Wormhole’s popular crypto protocol was hacked for more than 300 million dollars. In January, Buterin warned that these types of bridges could be dangerous. It may cause users’ funds to be trapped in Smart Agreements without their knowledge or consent. So-called smart agreements are programs that issue parallel cryptocurrencies on two different blockchains. Buterin’s Focus on Ethereum Scaling Ethereum is working to make its blockchain faster and more scalable. Investors often criticize the popular blockchain because transactions can be slow and expensive with current technology limitations. But now, there are efforts in place that may bring some much-needed improvements for this particular ecosystem. Finally, Buterin added; When everyone tries to use blockchain again, no, in fact, we don’t want everyone to find out again that there isn’t enough space on the chain for everyone. Featured image from Pixabay, chart from TradingView.com
Opensea is getting exploited, right now Reports/rumors that people who migrated their listings to their new contract are getting their nfts drained right now. Doodle, Azukis, NFT Worlds, BAYC… all worth over 10ETH+ Opensea have been advertising at the top of their website to users so they would migrate their listings before feb 25th… This…
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Elon Musk has revealed that Tesla’s upcoming futuristic diner and drive-in theater, planned for the Hollywood area, will accept the meme cryptocurrency dogecoin. The electric car company currently accepts DOGE for some merchandise on its website. Tesla CEO Elon Musk: ‘You Can Pay in Doge’ Tesla and Spacex CEO Elon Musk tweeted about future dogecoin […]
Can’t cancel bc “not enough gas” error. Try to speed up transaction and it’s almost 2 ETH to do so. What is going on here? Transaction hash: 0x5f0de1265fe9f8908b23a54528836dd8c8da1bd4fad6a9320728004fa2b8fa52 submitted by /u/Redivivusllama [link] [comments]
(US Taxes) I’ve tried multiple tax tools trying to get my taxes straight this year and none of them are coming through, either the API fails to load or CSV won’t import. I have used around 10 exchanges and some of them have hundreds of transactions I need to correct plus these dust drops in…
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submitted by /u/mudgen [link] [comments]
Welcome to the Daily Discussion. Please read the disclaimer and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could…
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Ok we talk a lot about the risk of centralization, but what about its cost? Monopoly? Even if we have only 1 miner/validator, can't people simply change blockchain? Like what is the cost of centralization? Obviously the miner/validator doesn't want to misbehave and risk destroying his wealth. We use this argument in any blockchain anyway,…
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I wrote an article about how to build a simple Ethereum wallet using the Rust programming language. Hopefully, it is of interest to someone. https://tms-dev-blog.com/build-a-crypto-wallet-using-rust/ submitted by /u/tms102 [link] [comments]
