ETH Weekly | Due to early activation of the hard fork, the Ethereum testnet Ropsten split; Hackers returned 17 Ethereum stolen domain names (9.30-10.6)

Author | Qin Xiaofeng

Author | Qin Xiaofeng

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1. Overall overview

1. Overall overview

At 11:40 on September 30, Beijing time, the Ethereum test network Ropsten underwent a hard fork upgrade, which was originally scheduled to be activated at block height 6485846 on October 2. This upgrade also caused the testnet to split into two separate chains.

Second, the secondary market

Second, the secondary market

1. Spot market

OKEx market data shows that this week, the price of ETH once rose to 185 US dollars, and closed at 173.63 USDT during the week, a slight increase of 3.7% during the week.

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Judging from the trend of the moving average (MA), the 10-day moving average and the 30-day moving average are about to form a "golden cross", and the price is bullish; the current resistance is near the 100-day moving average, temporarily reported at $208. If it can break through this resistance in the future, it is expected to start a bigger rebound.

2. Fund flow

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(data from AIcoin)

In terms of funds, the funds fluctuated greatly this week. The net outflow of funds was the largest on Thursday, exceeding 39 million US dollars; the net inflow of funds on Monday was relatively high, nearly 42 million US dollars.

(data from Tokenview)                                                                      

(data from Tokenview)

Tokenview dataimage description

(more than 50,000 ETH transfers)

3. Ecology and technology

3. Ecology and technology

1. Development and technology

1. Development and technology

(1) The Ethereum testnet activated the Istanbul upgrade in advance, resulting in the split of the testnet Ropsten

（2）At 11:40 on September 30, Beijing time, the Ethereum test network Ropsten underwent a hard fork upgrade, which was originally scheduled to be activated at block height 6485846 on October 2. This upgrade also caused the testnet to split into two separate chains. According to Hudson Jameson, community manager at the Ethereum Foundation, this is due to unusually fast block confirmation times and the fact that most miners on the Ropsten blockchain have not upgraded to the latest software; most miners mine on the old chain, There are also some miners mining on the new chain. It's unclear how this temporary split will ultimately affect the activation of the Istanbul upgrade on the ethereum mainnet (CoinDesk)

Prysmatic Labs Team Publishes Ethereum Serenity Roadmap Update Document

On October 5th, the Prysmatic Labs team published an updated document on the Ethereum Serenity roadmap on medium. According to the article, the test network has been restarted, and users can experience proof of rights and become validators. The testnet includes v0.8.4 of the Beacon Chain specification and several network performance improvements. The details are as follows: New contributors have greatly improved the performance of BLS; the synchronous loop network has been released and is running well; the Ethereum API V1 Alpha has been completed; the archive node function has been completed; standardized specifications for caching have been proposed to improve readability, etc. The team will then conduct stress tests on the Ethereum testnet, improve the synchronization performance of the public testnet, and conduct fuzz tests. (Medium)

(3) Parity updates the mobile app Parity Signer to turn old smartphones into offline wallets

Ethereum client Parity Technologies has released a new version of Parity Signer, a mobile app that turns old smartphones into offline wallets and integrates Polkadot and the Ethereum blockchain. Parity was co-founded by Jutta Steiner, former head of security at the Ethereum Foundation, and Gavin Wood. (Coindesk)

Ethereum scalability platform SKALE Network has raised $17.1 million to launch its mainnet. SKALE Labs CEO Jack O'Holleran said the investment includes a $10 million contribution from SKALE Labs and a recent $7 million funding round. (CoinDesk)

2.DEX

according toDAppTotal.com DEXimage description

(picture fromDAppTotal.com DEX）

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3.Dapp

according toDappreview dataDappreview data

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(data from etherchain.org)

etherchain.orgThe data shows that the current average mining difficulty is 2397 T, a decrease of 2.5% month-on-month; the average computing power decreased by 5% month-on-month, temporarily reported at 181.1 TH/s. This week, the total number of blocks produced and new addresses increased by 6% and 37% respectively.

(Mining difficulty changes)

4. News

4. News

1. V God: The Ethereum 2.0 public testnet will be launched soon, and the proof-of-stake mechanism will be launched soon

Recently, Vitalik Buterin, the founder of Ethereum, said in an interview with the media that the Ethereum 2.0 public test network will also be launched soon; other scalability technologies have also been greatly improved, and many applications have also been adopted. Build it out. The first work of Ethereum 2.0, the proof-of-stake mechanism (Casper FFG), can be launched soon.

2. ETH worth $3 million in the FairWin contract was transferred and emptiedThe ETH worth $3 million in the FairWin smart contract of the capital game on Ethereum was transferred out of the contract in the early hours of October 1. On-chain data shows that these ETHs were transferred to multiple addresses. It is unclear whether this was the work of the hacker or if the ETH was withdrawn by the user. This also leads to Ethereumnetwork utilization

Sliding from almost 95% to 81% (The Block)

3. ConsenSys acquires Ethereum infrastructure provider Infura

Ethereum startup ConsenSys has acquired ethereum infrastructure provider Infura. The acquisition will continue work on the Infura API suite, improve platform efficiencies, and introduce new products. (CryptoNinjas)

4. Hackers Return 17 Domain Names Stolen in Ethereum Domain Name Service Auction