if your looking for some awesome nfts go check out the link on my page and here’s a sneak peak of one of my eth nfts!
submitted by /u/Ferrda_Boyz [link] [comments]
submitted by /u/Ferrda_Boyz [link] [comments]
submitted by /u/NotCoolNickname [link] [comments]
Harmony’s Ecosystem Fund financed Hashstack’s solution to improving DeFi lending.
We are currently having a pretty damn good uptrend, after such a long time. About exactly 4 months ago end of sep/beginning Oct we were at the same cycle spot of disbelief. Disbelief meaning that the current rally is under disbelief by many as we were having so much downs and fake breakouts recently. From…
Read more
The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3 applications. Sequoia Capital India and […]
So I have roughly 2 ETH, and it is just sitting there. I am thinking of staking it. Although my platform (Kraken) states that it is irreversible and there is no time frame and may never happen? That's a bit of a scary one to give away a decent asset for the chance of never…
Read more
Bitcoin reclaims support at $44,000, prompting some analysts to suggest closing out longs while looking for a close above $45,000.
Network congestion on the Ethereum network is a very real and present issue, which has in turn brought about more real and pressing issues. Users of the network, especially small-time investors, have drawn the short end of the stick with these issues as they are the most affected. With fees skyrocketing, carrying out small transactions on the leading smart contracts network is becoming less and less feasible with each passing day. The high fees and congestion have sparked discussions on how it can be eliminated. There are various developments in the pipeline, like the Consensus Layer (formerly known as ETH 2.0) and other suggestions made by developers. This time around, it is atheneum’s founder Vitalik Buterin, proposing a way to deal with the network congestion, and by extension, the high fees, on the network. Blob-Carrying Transactions On Ethereum In a conversation that was posted to popular social media platform Twitter, Vitalik Buterin and developer Tim Beiko put forward proposals that would help address the issue of high network congestion. With the adoption of the network growing at a rate not even anticipated by the creators themselves, it has now become a race to find the best way to properly scale the network. Here is where Buterin proposes a new feature called “blob-carrying transactions.” Related Reading | Solana And Ethereum Recover After Registering Double-Digit Gains This feature would be added to a hard fork that would take place in the near future, explains Buterin. Blob-carrying transactions would allow for higher scalability for rollups in the meantime before the complete move to the consensus layer. It is basically a stopgap until sharing is implemented on the network. This new feature would be connected to both the Beacon block and the consensus nodes that are coming to the network. Some proposals to add “blob-carrying transactions” in a near-future hard fork, bringing higher scalability to rollups before full sharding is complete. https://t.co/oRTSwAC1oD — vitalik.eth (@VitalikButerin) February 5, 2022 “This EIP provides a stop-gap solution until that point by implementing the transaction format that would be used in sharding, but not actually sharding those transactions,” the founder said. “Instead, they would simply be part of the beacon block and would need to be downloaded by all consensus nodes (but can be deleted after only a relatively short delay).” When Is This Coming? The blob-carrying transactions could possibly be deployed with the Shangai hard fork. It would provide a solution to mempool issues that continue to rock the network. Additionally, a solution for blob transactions and normal transactions that carry a large amount of data would be to “increase the minimum increment for mempool replacement from 1.1x to 2x, decreasing the number of resubmissions an attacker can do at any given fee level by ~7x,” the notes read. ETH settles above $3,000 | Source: ETHUSD on TradingView.com Ethereum still remains the network with some of the highest fees in the space. It is reported that fees can go as high as $300 in some cases when the network is clogged due to a high-profile NFT minting. Even the Layer 2 rollups that have been developed to help users deal with the high transaction fees have seen their own fees steadily increase as they are unable to accommodate demand. Related Reading | TA: Ethereum Smashes Heavy Resistance: Next Bullish Levels Traders Should Watch On the price side, Ethereum is doing well as it continues to follow closely the price of bitcoin. Both digital assets went into the weekend with bearish prospects and emerged on a bull trend, seeing ETH’s price breaking above $3,000 once again. Featured image from Nairametrics, chart from TradingView.com
submitted by /u/maxirosson [link] [comments]
I am here on reddit to learn more about ethereum and know if it is good to invest in Ethereum or not. I just wanted to ask if I should invest in ethereum or not seriously. Please don't give me an asnswer that is ambigous. Please tell me your opinion. I am crypto illiterate thats…
Read more