Do you need to transfer ETH to Arbitrum first (before an ERC-20) so that you have gas fees to pay for any other transaction? For example, if you transferred only Dai, would you be unable to do anything on Arbitrum until you also transfer ETH? submitted by /u/minsguy [link] [comments]
submitted by /u/Aggravating_Hunt_296 [link] [comments]
Cardano has placed the launch of smart contracts capability on September 12th. This gives us only two days until the launch. Ahead of this, crypto exchange giant Binance has made moves to make sure that their platform is compatible with it. The announcement was posted by Binance on its official website. The network upgrade and hard fork have been scheduled to take place during epoch 290 or at approximately 12:44 UTC on September 12th, 2021. The announcement noted that the Cardano upgrade and hard fork will not result in the creation of new tokens, neither will it affect the trading of ADA tokens on the platform. Although deposits and withdrawals for ADA will be closed until the upgrade and hard fork have been confirmed to be working properly. Users holding ADA tokens on Binance are also advised to allow sufficient time for their deposits before the cut-off time. While the cryptocurrency exchange will take care of all of the technical requirements associated with the upgrade. Related Reading | Will The Cardano Smart Contracts Upgrade Trigger A “Sell The News” Event? Deposits and withdrawals of ADA tokens will be suspended on 21:14 UTC on September 12th, 30 minutes before the upgrade and hard fork are scheduled to occur. Deposits and withdrawals will remain unavailable for however long it takes the exchange to confirm that the upgrade is implemented properly and safe to carry out transactions on. How Cardano Upgrade Will Affect The Network There are a lot of good things to be said about smart contracts capability coming to the Cardano network. One of these is the ability for developers to build decentralized applications (DApps) on the network, thereby enabling things like decentralized finance (DeFi) protocols and decentralized exchanges. Related Reading | New To Bitcoin? Learn To Trade Crypto With The NewsBTC Trading Course With the leading smart contracts platform, Ethereum, getting overwhelmed with usage, it is imperative for other competitors to step up to the plate. The Alonzo Purple upgrade and hark fork puts Cardano in a position to compete with Ethereum when it comes to DeFi services like lending, staking, and yield farming. Also the creation of tokens on the platform and the minting of NFTs. ADA Still Struggling ADA price is still in a downward trend after the crash that rocked the market on September 7th. The token has not seen much recovery in the past three days despite the long-awaited smart contracts upgrade coming up in two days. ADA price in the red | Source: ADAUSD on TradingView.com Currently, the price of ADA is trading in the $2.3 range, after spending the majority of yesterday trying to hold the $2.5 which it had balanced at after an upward correction from the crash. Featured image from Nairametrics, chart from TradingView.com
Lobsters support DeFi’s endeavours amid regulatory clampdowns — all that and more, only in Finance Redefined.
Are you a user looking for private transactions, revert protection, and more? Send Flashbots bundles to http://xdai-relay.nethermind.io like you would to mainnet! https://preview.redd.it/88pozuwjfpm71.jpg?width=2766&format=pjpg&auto=webp&s=ccc19983ee6c3ff763d172e8434c8b0c74814170 submitted by /u/nethermindeth [link] [comments]
I have very little actual knowledge of ethereum and smart contracts. When I first heard of ethereum and smart contacts several years ago I had assumed that smart contracts were a feature of the ETH blockchain but that there was very little real world use of them, I understand that this assumption was most likely…
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Did a visit from the SEC’s Gensler with EU legislators signal a policy shift? Is U.S.–European collaboration on crypto regulation coming soon?
submitted by /u/DailyGweiBot [link] [comments]
Just though about this, imagine buying an nft but like irl. Maybe some sort of art made by hand, and then you can hang it on a wall and maybe sell it later for a higher price. Has anyone though about this yet? submitted by /u/Porginus [link] [comments]
submitted by /u/Zhuyi1 [link] [comments]
