Discover and read the best of Twitter Threads about #Etheruem

Most recents (5)

Many of you wonder, what will happen with #Ethereum REWARDS after The Merge, aka switch from PoW to PoS. An ELI5 thread on what % to expect and where it's coming from ๐Ÿงต๐Ÿ‘‡
If you are new here, let me tell you that Ethereum is soon to be upgraded from Proof Of Work to Proof Of Stake.

No mining or wasting electricity ๐Ÿ‘
Network cheaper to maintain ๐Ÿ‘
Less issuance ๐Ÿ‘
Very low hardware requirements, fitting in a box on your desk ๐Ÿ‘
Wen? ๐Ÿค” 99.9% this year ๐Ÿ—“๏ธ. The software is almost ready and even some testnets have already been upgraded.
Read 24 tweets
NFT trading volume has exploded in 2022, with $1.6B in trading volume as of Jan 9th.

Thatโ€™s already 47% of the $3.4B trading volume in Aug-21, the highest volume month for #NFTs to date.

At this rate, trading volume is on track to surpass $5.5B this month.

Source: @TheBlock__ Image
The increase in #NFT trading volume is driven by a spike in activity on both #Etheruem and #Solana, partially offset by a decrease in trading volume on #Ronin (an Etheruem sidechain designed for @AxieInfinity). Image
The rise in #NFT trading volume follows an all-time high in Google searches for NFTs, indicating that interest in NFTs hasnโ€™t faded. Image
Read 4 tweets
1/ guys, if you want me to always say "hey, any L1 could come in and replace #Ethereum b/c it has lower fees," OK

but these type of takes just ignore accrued network effect and how value networks agglomerate

establishing those things are actually harder than scaling Ethereum
2/ i don't expect you all to agree with me, but know i'm not trying to pump my bags or FUD others

any take i offer you is based on my ACTUAL opinion. you can agree or disagree

and yes, i still think buying L1 tokens for platforms which haven't proven much is a bad idea
3/ you should feel free to ignore me, or label me a Maxi, or whatever is convenient for you

i'm not anti-multichain

i'm just pro-reality

i realize some think it's not "fair" that fees are very high, but as a permissionless blockchain, #Ethereum doesn't evaluate "fairness"
Read 5 tweets
0/ The #crypto/#blockchain space is starting the week off strong! Many projects continuing to develop at a commendable rate. Let's see what's been going on over the 24 hours or so, shall we? 17 parts to this bad boy, let's do this ๐Ÿ‘‡
1/ ๐Ÿ—ณ๏ธ @WillWarren89 (CEO, @0xProject) announced an upcoming vote on #ZEIP23 which, if approved, would provide โ€œ0x with native support for trading any arbitrary bundle of ERC20/ERC721.โ€ If implemented, ZEIP23 would be 0x's first-ever โ€œhot upgrade.โ€ blog.0xproject.com/zeip-23-trade-โ€ฆ
2/ ๐ŸŽจ @ColemanSMaher (Partnerships, @OriginProtocol) unveiled the Origin-enabled PeerArt.io, a feeless, peer-to-peer marketplace for #art.

A number of artists signed up at launch, including @TrevorJonesArt, the first Scottish painter to incorporate AR into his work.
Read 18 tweets
0/ Been away from the #crypto and #blockchain space for a while and now find yourself out-of-the-loop?

Fear not! I've pieced together a thread dedicated to ecosystem events that occurred over the past day or two. Read on to get back up to speed.
1/ ๐Ÿฅผ Over on #EthResearch, @JieyiLong proposed a SNARK-based sidechain for #ERC20 tokens.

Can reduce processing time per transaction significantly on the #Ethereum network, relative to a fully on-chain ERC20 smart contract. Click below for more! ethresear.ch/t/snark-based-โ€ฆ
2/ ๐Ÿค @FantomFDN x Fuiou Group

Having partnered with one of China's leading payment solution provider, #Fantom will work to integrate its pioneering DAG-based smart contract platform to give Fuiou users access to a faster, more scalable payment service. medium.com/@FantomFDN/fanโ€ฆ
Read 25 tweets

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