When one of the boys starts considering selling before 10K
submitted by /u/CisWhiteEarthworm [link] [comments]
submitted by /u/CisWhiteEarthworm [link] [comments]
It scares me how much people here and in other crypto spaces are willing to sell the things they like to crypto and NFTs without a second thought just for further implementation. There's a post in the front page calling people who don't want crypto or NFTs on games idiots, and I can't wrap my…
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submitted by /u/Worried-Software-600 [link] [comments]
I read a tweet saying something like if I had used ethereum popular apps since 2018 I would have racked up a large sum of airdrop by now. Some od fhe popularnairdrop in the past I know of is uniswap, dydx, ens. Is there any other that I am missing? Also which popular dapps donyou…
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My friend did not backup his 12 word seed. He then uninstalled metamask. He now has re-installed it and has lost access to his wallet I am trying to help him and wondering where the wallet file for Metamask is stored on Android. Hoping we can find this in file manager and then import to…
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Ethereum Name Service issued its native token, an SEC commissioner published a DeFi opinion piece, and Polkadot’s parachains registered billions of dollars — all coming to you in this week’s Finance Redefined.
submitted by /u/ard9999 [link] [comments]
submitted by /u/Disastrous_Green8028 [link] [comments]
This is by far one the the most fun idea's i've seen so far with a DAO. Twitter here: https://twitter.com/ConstitutionDAO/status/1459038461344768021?s=20 submitted by /u/Onyxac [link] [comments]
On-chain data shows Ethereum supply is barely changing anymore following the London hard fork. This means ETH is becoming a scarce asset now. Following London Fork, Ethereum Supply Rate Of Change Drops To Nearly Zero As pointed out by a CryptoQuant post, ETH’s supply curve has nearly flattened now as rate of change drops to almost zero. This has made the asset scarce. The Ethereum supply indicator tells us about the total amount of ETH that’s currently in circulation. As miners receive a block reward (in ETH) for mining blocks, this total supply increases with time. A related metric, the Ethereum supply rate of change shows how fast or slow the total circulating supply is going up. How ETH’s supply works is different from Bitcoin; the latter has its total potential supply locked from the beginning. This means that there can come a point when miners will run out of BTC to mine. Ethereum has no such limit so miners can indefinitely keep it up and the supply will keep on increasing. This would be problematic for the crypto as it will result in higher volatility. The London hard fork exists to tackle this issue. As you know, to complete a transaction on the ETH network, you need to pay gas fees. This fees was originally given to miners. who put these coins back into circulation. But since the London fork, the fees is “burned,” and miners no longer receive it. Related Reading | Discord Planned To Integrate Ethereum. Huge Backlash Made Them Cancel Everything Now, what happens is that burning acts as a sort of deflationary measure as it reduces the total supply. Miners still mine ETH, but burning makes up for the amount mined. Here is a chart that shows what effect the London Fork has had on Ethereum’s supply: ETH’s supply curve seems to be flattening | Source: CryptoQuant As you can see in the above graph, the rate of change of the Ethereum supply has dropped off to nearly zero following the EIP-1559 launch. This has lead to a flattening of the total circulating supply. Now, ETH is also becoming a scarce asset, just like Bitcoin. A limited supply can push the price of the crypto up due to demand-supply dynamics. Related Reading | Ethereum Miner Revenue Outpaces Bitcoin In 2021 ETH Price At the time of writing, Ethereum’s price floats around $4.57k, up 2% in the last seven days. Over the past month, the crypto has gained 30% in value. The below chart shows the trend in the price of the coin over the last five days. Ethereum’s price has crashed in the last few days after setting a new all-time high | Source: ETHUSD on TradingView Featured image from Unsplash.com, charts from TradingView.com, CryptoQuant.com