CryptoRush ETH2 - London Hard Fork 5 AUG 2021ethereum.org
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Big changes are coming...
Ethereum is set to go through a lot of changes in the future, first with the London hard fork introducing EIP-1559.
EIP-1559 is an Ethereum Improvement Proposal that, along with four other EIPs, will signal the start of Ethereum's 'Triple Halvening' event.
Here's all you need to know about EIP-1559.
EIP-1559 London Hard Fork Release Date
The current date for EIP-1559's release is set for August 5, 2021. Specifically, the update will occur at block 12,965,000, expected to take place at 11:55 AM UTC/12:55 PM BST/7:55 AM ET/4:55 AM PT.
From 11:45 AM UTC, Binance has announced it will temporarily suspend ETH and ERC-20 token withdrawals and deposits until after the hard fork occurs.
The Ethereum core developers had previously wanted EIP-1559 to release on July 14. However, as specified by Tim Beiko on GitHub, the proposed date shifted to account for the upcoming difficulty bomb.
On 6 July, Beiko submitted a pull request for the mainnet activation of the London upgrade at block 12,965,000. This date has now been confirmed.
The London hardfork is currently live on the three Ethereum testnets, following Rinkeby's upgrade on July 7.
After an invalid transaction bug caused issues on Ropsten on July 21, whispers of a delayed release started to circle, but this has since been refuted by the Ethereum team. Posting an update on the Ethereum Blog, the team stated:
The block number for London is unchanged, and still is 12 965 000. Node operators using an affected client MUST upgrade to the latest version.
Ethereum is not the only cryptocurrency to go through updates this year. Cardano's Smart Contract upgrade and the bitcoin Taproot upgrade are both slated for 2021.
Eth2
ETH LONDON FORK: BULLISH SENTIMENT 🤔🤔we're gonna witness largest event on ETH history and ETH will survive this change as it's always do.
if it breaks the last ATH "$4,362.35" it will moon first target 5k$ then 8k$
ETH is accumulation is increasing gradually and is on uptrend.
the update will make ETH deflationary by burning ETH which means the supply will decrease and stakers will need to buy ETH for staking purpose which will add up for ETH uses.
the second most popular crypto wont go DOWN for just an update, everything will go smoothly and even if error happened a real fork will occur with 2 coins exists which will make people get the first token (ETH1) to get (ETH2) like BCH fork for BTC.
Many big DeFi names depends on ETH. and it is the most able to capture value as Coin Bureau
El Salvador Adopts Bitcoin - Proof-of-Work vs Proof-of-StakeI've run both mining rigs and am currently running a ETH2 validation node, just because I was curious as to how it was going to work. Here's a side by side comparison between Proof-of-Work and Proof-of-Stake based on my experience.
Also El Salvador adopts Bitcoin as its reserve currency. A big day for BTC!
Polygon/MATIC - Does it Live Up to the Hype?Did a quick vid on the coin with the latest hype, Polygon/MATIC. I get a lot of spam regarding new coins but after doing some research I came to the conclusion that it has something going for it. The short list:
- Has support from Marc Cuban
- Solves a real problem (high fees)
- Is already in use, has real users/developers
- Founders are immigrants (this is a plus)
- Professional branding with clear goals
- Potential for multiple exit strategies
- Is hiring (this is a plus)
What is Sharding? The Politics Behind Crypto and ETH2“One of the biggest problems I’ve found with our project is not the technical problems, it’s problems related with people,” Vitalik Buterin said in a recent interview.
Why the scalability problem isn't easy to solve, and why people's political outlooks will affect the outcomes of the crypto race in the next few years.
Pressure building can we top at €3400 and then drop down some?Just a prediction for today, I dont wish to proclaim I am a TA pro so please just take my ideas with a pinch of salt, Newbie central here. Anyway, I hope to see a fast rise, pressure building up for a push, lots of great utilities with ETH and greatly anticipated ETH2 launch money will pour back in for Staking.
ETH - Almost $4000, it was quickNot a lot of interesting things happen, all dips are bought out almost immediately.
It's still "buy the dip" market.
Although,in contrast to the lack of reaction from the level of $3000, $4000 has not flown so easily. Yet.
So, I'm hoping for another small dip to open lev position. Not shorting!
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!
Basic Attention Token (BAT) Announces BAT2.0 - Good Buy?BAT is an ERC-20 token from the Ethereum platform built natively into the Brave Browser. They recently announced that there will be a BAT 2.0 version coming soon, which should get its holders very excited. They have one of the best prototypes in the market right now so it's worth checking out!
But does that mean it's necessarily a good investment? A deeper look at how the platform works.
Traditional CDs vs Ethereum "Staking" - Crypto Is Here to StayA quick look at traditional banking CDs (certificate of deposits) vs the new "staking" service that the Ethereum network has started to offer as of December.
When looked at it from an average customer's point of view, getting into crypto is -- and should be -- a no brainer, really. Also gets into the reasons why ETH is doing really well right now, and will continue to do so as long as they can keep it going.
ETH - Waiting for reaction at $3000Ethereum price is rapidly approaching $3000 level. Today's daily candle looks really strong, what will be reaction near another one important psychological level and will it be?
Looking back, the first reaction of about 2,000 thousand was a rejection. Honestly, expecting something similar now. Not going to short ofc, I'm not crazy, will heavily buy a dip after (if) that happens.
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!
0.052-0.054 is the key target zone for ETHBTCSeveral coins had a lot of volatility today, especially vs BTC... However ETHBTC held strong and looks ready to go higher. Ethereum suffered in Feb-March because it was the best performer from larger coins. High fees, increased competition, froth in DeFi, the buy the rumor sell the news situation with the CME futures... led Ethereum to correct 35% vs BTC and underperform nearly everything. Now this picture seems to be changing.
ETHUSD is only 95-100% from its 2018 ATH, while the consolidation below the ATH in 2021, the breakout and retests have 'produced' a very clean chart which looks really strong.
ETHBTC looks like a massive Head & Shoulders pattern, while 0.054 was a key breakdown level that was never retested (acting like a magnet). Now that more new blood is coming into this market, I think ETH will be one of the biggest beneficiaries. The CME futures, ETHE and ETH 2.0 as well as most projects building on Ethereum are definitely things that can't be underestimated despite its current shortcomings.
Long and Strong!