$ETH back over $3400
Visa unveils Layer 2 network for Stablecoins/CDBCs
Ethereum is doing 43x the fee revenue of $BTC
Over 2.7 billion locked in Layer 2’s
423k ETH burned since EIP-1559 @gridplus Lattice1 users can browse NFTs on @0xFrame
2/
6.6% of the ETH supply is in the ETH 2.0 deposit contract
Ethereum on pace to burn $9b worth of ETH over the next year
JP Morgan says institutional interest in ETH has spiked since March @optimismPBC OVM 2.0 coming soon @TimBeiko led the Ethereum #AllCoreDevs call on 10/1
3/
@LidoFinance accounts for 17%+ of all $ETH staked since Jan 2021
It’s been 4 days without an ETH 2.0 slashing incident @stakewise_io proposal to extend farming in Uniswap pools passed @dannyryan announces Altair upgrade coming at epoch 74240 or roughly Oct. 27
@BitPay partners w/ @Verifone to bring ETH payments to 46m customers @prylabs releases article on their view of client diversity @0xstark looking to hire a Research Intern for the Ethereum Foundation @solidity_lang 0.8.8 released @gasnow_org announces end of service 10/15
6/
@ethnimbus is nearing merge readiness @Teku_ConsenSys v21.9.2 is out @ChainSafeth completes NodeWatch in collab w/ Ethereum Foundation
Ethereum Foundation selects @taurus_hq for security review of beacon clients
OpenSea has done $218m volume in October
CryptoPunks floor at 122 $ETH @redlion_news Gazette #54 released @TheSmarmyBum shows sneak peak of a Twitter NFT profile @TheMetaFactory drops @indexcoop Metaverse Island tee
1/ What is EIP-1559 and why are $ETH holders so excited about it? A detailed thread👇
Before we dig into EIP-1559, we must first understand what’s an EIP.
#Ethereum is largely decided by submissions put forward by the community that maintains the network.
2/ These submissions are called Ethereum Improvement Proposals.
Typically a developer group submits a change to the network that is reviewed and debated by the core devs who manage the Ethereum code repository on Github.
3/ If the EIP is accepted, it’s usually bundled with other improvements in broader network upgrades, called hard forks.
The latest hard fork was the Berlin hard fork. It had several security improvements and new types of transactions.