Balita sa Industriya ng Crypto at Market Trends

Ethereum Developers Confirm Epoch for Shapella Fork and Mainnet Announcement – Cryptopolitan

Ethereum developers have confirmed the epoch for the Shapella fork and mainnet announcement, according to a blog post on the Ethereum Foundation‘s website on March 28, 2023. The Shapella upgrade is set to improve the network’s scalability, security, and efficiency.　　The Ethereum network has been under pressure to improve its performance and scalability, particularly as demand for decentralized applications (dApps) has increased. The Shapella upgrade is expected to address some of the networks limitations, including high gas fees and slow transaction speeds.　　The Shapella fork and mainnet announcement mark a significant milestone for the Ethereum network. The upgrade is set to introduce several improvements to the network, including increased scalability, security, and efficiency.　　The Shapella upgrade will introduce several changes to the Ethereum network, including a switch from Proof of Work (PoW) to a Proof of Stake (PoS) consensus algorithm. This change is expected to reduce the networks energy consumption and improve its security.　　The upgrade will also introduce several other changes, including improvements to the networks gas fee mechanism, transaction throughput, and storage efficiency. The upgrade is expected to make the network more user-friendly and efficient, allowing developers to build more complex dApps on the network.　　The Shapella upgrade is also expected to impact

2023-03-29Ethereum

The Screed Against Crypto

BTC　　dominates these assets, in terms of market capitalization. With Ether, it is the majority of these assets. Yet the chapter lightly considers either of these king cryptos, confining itself largely to stablecoins and other “crypto assets” coming in Bitcoins wake.　　Making Bitcoin the issue would have been tough for this chapter, which asserts: “Crypto assets have gained substantial popularity in recent years—particularly since the beginning of the COVID-19 pandemic in 2020.” In the event, however, “at the beginning of the COVID-19 pandemic” Bitcoin fell sharply. It picked up slowly over 2020 until the last months. Then it appreciated sharply and far more than any other notable crypto. Indeed, the chart shows that by early 2021, Bitcoin, topped off with Ether, nearly squeezed out everything else in total crypto market cap. This is to say nothing of the highly substantial history of Bitcoin prior to 2020.　　The chapter, therefore, is about a small corner of the crypto phenomenon, while saying its about the whole. The main point is that crypto assets are associated with all sorts of bad things, “fraudsters” for example. Crypto assets lack “fundamental value.” They “cause risks for financial markets, investors, and customers.” They “are largely speculative investment vehicles and

2023-03-29Industriya

Needham analyst reacts to Micron Q2 earnings

Micron Technology Inc (NASDAQ: MU) gained slightly in extended trading on Tuesday even after reporting its largest quarterly loss on record.　　Microns outlook for the future　　The tech stock is keeping resilient primarily because the management said overburdened customer inventories that have been a nightmare for Micron in recent quarters were starting to show signs of improvement and that will continue through the rest of 2023.　　For the current quarter, Micron forecasts $3.5 billion to $3.9 billion in revenue – roughly in line with expectations. According to Needhams Rajvindra Gill:　　Theyre writing down older excess inventory, at least clearing out excess inventory. So, if we can contemplate a bottom in mid-quarter then we start to go to recovery in H2 and potentially a return to growth in CY24.　　The Nasdaq-listed firm expects $1.58 of adjusted per-share loss in Q3 and non-GAAP gross margin at minus 21%.　　Microns Q2 earnings snapshot　　Lost $2.31 billion that translates to $2.12 per share　　That compared to $2.26 billion of net income a year ago　　Adjusted loss came in at $1.91 a share as per the press release　　Revenue tanked 53% year-on-year to $3.69 billion　　Consensus was 67 cents loss (adj) on $3.71 billion revenue　　The tech company is convinced that industry demand will pick up moving

2023-03-29Industriya

‘Withdrawals are coming!’ — Ethereum devs confirm epoch for Shapella fork

Ethereum validators will soon be able to withdraw their Ether (ETH) from the Beacon Chain, with the Shapella hard fork set to be activated on the Ethereum mainnet on April 12.　　Shapella will take effect at epoch 194,048, which is scheduled for 10:27 pm UTC on April 12, Ethereum core developers confirmed.　　The withdrawals will be enabled by Ethereum Improvement Proposal EIP-4895 by “pushing” staked Ether from the Beacon Chain to the Ethereum Virtual Machine (EVM), otherwise known as the execution layer.　　Nangyayari na　　Shapella is scheduled on mainnet for epoch 194048, scheduled for 22:27:35 UTC on Apr. 12, 2023　　Client releases compatible with the upgrade are listed in the announcement below 　　— timbeiko.eth ☀️ (@TimBeiko) Marso 28, 2023　　The epoch, slot, and time were confirmed following a week-long deliberation between members of the Ethereum Foundation, which was led by Ethereum core developer Tim Beiko.　　While the hard fork will allow for partial and full withdrawals, several mechanisms are set in place to ensure a flood of Ether supply doesnt disrupt the market.　　There are now 17.81 million Ether staked on the Beacon Chain. At a current price of $1,776, which means $31.6 billion can be incrementally unlocked over time.　　While the Ethereum Foundation described the last testnet run

2023-03-29Ethereum

Tested on Ethereum, StarkWare’s Zero-Knowledge Proofs Are Now Live on Bitcoin

The newly launched ZeroSync Association is bringing zero-knowledge proofs (ZKPs) to (BTC), allowing users to validate the state of the network without the need to download hundreds of gigabytes of blockchain history or trusting a third party.　　Based in Zug, Switzerland, the ZeroSync Association is a non-profit entity supported by various community stakeholders, including core contributors Robert Linus, Tino Steffens, Lukas George, and Max Gillett, as well as supporting partners, such as Lightning Labs, among others.　　For the first version of its software, ZeroSync is using Cairo, the programming language brought to life by StarkWare, the Israeli-based company developing popular Ethereum layer-2 scaling solutions StarkEx and StarkNet.　　“ZeroSync is the first production attempt to radically upgrade the Bitcoin protocol,” StarkWares ecosystem lead Louis Guthmann told I-decrypt. “It would transform the way people think about the system at a fundamental level.”　　Commonly referred to as zk-STARKs, StarkWares version of ZKPs does not require the potentially vulnerable trusted setup phase, while claiming to be more scalable and efficient than zk-SNARKs—an iteration of ZKP used, for example, by the privacy-focused cryptocurrency Zcash.　　StarkWare initially deployed zk-STARKs exclusively on the blockchain, and seeing them go live on Bitcoin “is a logical next step,” according to Uri Kolodny, CEO and

2023-03-29Ethereum

dYdX Reveals Launch Date for Move From Ethereum to Cosmos

dYdX announced the launch of its V4 private testnet this Tuesday, taking a significant step that will see the decentralized derivatives exchange () leave .　　By the end of September, the platform will be fully running on .　　The network allows developer teams to spin up their own native blockchains using the Cosmos Software Development Kit (SDK) according to their own preferences. Though distinct, each independent Cosmos-based blockchain can interact with one another.　　The private testnet for dYdX is set to launch this Tuesday and run for two to three weeks. After that, a public testnet will be launched by the end of July.　　The platform cited the lack of scalability on Ethereum as the main reason for the move.　　“We reached a point where Ethereum couldn‘t process the transactions fast enough,” dYdX’s marketing lead Nathan Cha told I-decrypt at this years Paris Blockchain Week.　　This is the second project to announce its migration from Ethereum to Cosmos. is also making the same move after the project acquired the Cosmos-based trading platform Vortex Protocol last month.　　The teams explored various options, including Solana and layer-2 solutions. “We came to the conclusion that Cosmos was the better option because we can customize the blockchain to our needs,” said

2023-03-29Ethereum

How Can Ethereum Account Abstraction Improve the Network’s Performance and Scalability? – Cryptopolitan

Ethereum　　How Can Ethereum Account Abstraction Improve the Networks Performance and Scalability？ – Cryptopolitan　　Balita ng Ethereum ng Bitcoin　　The Ethereum network is a decentralized, open-source blockchain network that is widely used for the development of decentralized applications (DApps). These DApps are powered by smart contracts that have plenty of use cases in industries like real estate, automotive, supply chain, education, art, music, and more. But how about Ethereum account abstraction？　　The Ethereum network has seen tremendous growth over the years and the number of DApps on the network continues to increase. Today, developers are constantly looking for ways to improve the networks performance and scalability. Account abstraction is one of the most notable updates on the Ethereum network recently. This guide will clarify the concept and its importance to the crypto space in detail.　　An average trader does not necessarily need to know the technical details of account abstraction. But we will try to explain everything in layman‘s terms. Previously, smart contracts on the Ethereum network were executable via a model known as the account model. In this model, a smart contract gets associated with a user account, which contains some balance. To interact with the smart contract, the user needs to send a

2023-03-28Ethereum

Ethereum Supply On Exchanges Plunges To New All-Time Lows

Ethereum　　Ang Supply ng Ethereum Sa Mga Palitan ay Bumaba sa Bagong All-Time Lows　　Balita ng Ethereum ng Bitcoin　　Ethereum supply on exchanges has continued to go down recently and has now touched a value of 10.3%, effectively a new all-time low.　　Just 10.3% Of The Total Ethereum Supply Is Now Being Kept On Exchanges　　Ayon sa data mula sa on-chain analytics firm Santiment, the current ETH supply on exchanges is the lowest since the week the cryptocurrency was introduced almost eight years ago.　　The “supply on exchanges” is an indicator that measures the percentage of the total Ethereum supply thats currently being stored in the wallets of all centralized exchanges.　　When the value of this metric goes down, it means some coins are being taken out of these platforms right now. Such a trend, when prolonged, may prove to be bullish for the assets price as it can be a sign that accumulation is going on in the market.　　On the other hand, the metrics value trending up implies investors are depositing their ETH to exchanges currently. As one of the main reasons why holders transfer to these platforms is for selling-related purposes, this kind of trend can have a bearish effect on the value of the

2023-03-28Ethereum

Cardano’s Hoskinson lauds Polygons zkEVM launch despite previous criticism of Ethereum

Ethereum　　Cardano‘s Hoskinson lauds Polygon’s zkEVM launch despite previous criticism of Ethereum　　Cardano (ADA) founder Charles Hoskinson congratulated the Polygon (MATIC) community for launching its zero-knowledge Ethereum (ETH) Virtual Machine (zkEVM) beta on March 27.　　Hoskinson sinabi innovations like this are great for the crypto industry, quoting a tweet from Polygon co-founder Sandeep Nailwal about Vitalik Buetrins landmark transaction on the network.　　Polygons zkEVM　　Polygons zkEVM is a blockchain network that would enable faster and cheaper transactions. The Zero Knowledge (ZK) rollup would allow several transactions to be batched off-chain and executed on Ethereum‘s mainnet.　　The scaling solution is widely considered the gold standard for Ethereum scaling, and one of its major proponents is Vitalik Buterin.　　Fittingly, the first transaction on Polygons zkEVM mainnet beta was performed by Buterin — Nailwal inilarawan the gesture as “symbolic.”　　The Ethereum co-founder set the gas fee for the transaction to 69,042 — a cheeky reference to the 69 and 420 meme numbers. He also added an on-chain message which reads:　　“Millions of constraints for man, unconstrained scalability for mankind.”　　Polygon said its zkEVM would be open-source so that other developers can study it and encourage further development.　　Polygon warned that the zkEVM is still in the testing stage, adding that users should exercise caution

2023-03-28Ethereum

90% of Ethereum now in self-custody as supply on exchanges hits lowest level since 2015

Ethereum　　90% of Ethereum now in self-custody as supply on exchanges hits lowest level since 2015　　Balita ng Ethereum ng Bitcoin　　Ethereum (ETH), the world‘s second-largest cryptocurrency by market capitalization, continues to undergo a supply reduction as the latest Shanghai upgrade progresses. Notably, the digital asset’s total supply had dropped by over 66,000 ETH since the start of 2023, making it deflationary.　　Currently, there is just 10.31% of existing ETH on exchanges, which is the lowest level since July 2015, as per the latest data from on-chain analytics provider shared on March 28. Almost 90% of Ethereum is now off exchanges as regulators continue to struggle to classify ETH as a security or commodity.　　Indeed, Ethereums percentage of supply has now hit its lowest level since its genesis, with the amount of ETH now being held in self-custody and away from exchanges at the highest level since the week the token was introduced nearly 8 years ago.　　“This essential all-time low ratio of ETH on exchanges (10.31%) indicates confidence from hodlers.”　　ETH self-custody rises amid market uncertainty　　The rise in self-custody of Ethereum is due to a growing trend among investors to hold their tokens in personal wallets instead of leaving them on crypto exchanges. This shift in

2023-03-28Ethereum

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